Sample content
Social Security Programs
BUS 681: Compensation and Benefits
In times of recession and economic downfall, a certain act was passed in order to protectively help the families with their finances. Under the Roosevelt Administration way back 1935 social security act was implemented. According to Bruce Turnovsky this act help the families for the benefit given to them and this is the means of giving disabled and aged persons of their benefits. This is the kind of benefits given to people which normally coming from the taxes of the people. The future scenario is uncertain, and the issue for the young emerges if their generations would come to a point where they will be the one to receive such benefits but the monetary allocations seemed uncertain. Some suggestions addressing the issue rise up when it comes to benefit sharing whether normal or disabled then social security will be fair to all that all individuals should be legally have the right to its benefits.
Concept
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BUS 681 Week 4 Social Security Programs 2015 version
1. BUS 681 Week 4 Social Security Programs
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Sample content
Social Security Programs
BUS 681: Compensation and Benefits
2. In times of recession and economic downfall, a certain act was passed in order to
protectively help the families with their finances. Under the Roosevelt
Administration way back 1935 social security act was implemented. According to
Bruce Turnovsky this act help the families for the benefit given to them and this is
the means of giving disabled and aged persons of their benefits. This is the kind of
benefits given to people which normally coming from the taxes of the people. The
future scenario is uncertain, and the issue for the young emerges if their
generations would come to a point where they will be the one to receive such
benefits but the monetary allocations seemed uncertain. Some suggestions
addressing the issue rise up when it comes to benefit sharing whether normal or
disabled then social security will be fair to all that all individuals should be legally
have the right to its benefits.
Concept of Social Security
In 1935, during the leadership of Roosevelt, this act of social security became
popular and the tool for addressing the economic recession. Its main goal is for the
persons who don’t have jobs to sustain their family and unemployment are tragic.
This is in view of the objective to sustain the income of the family the taxes paid
annually as well as the insurances for medical and retirement. Due to the
contributing factor for unemployment which is rampant during economic recession,
addressing the problem were a great issue knowing that they don’t know even if
they can overhead the downfall. One of the issues was the receiving of their
intended retirement due to the doomed recession and financial low line. Health
insurances became also a great factor and worsen the situation because of lack of
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