The Social Security Act The Old Age Survivor, And...

The Social Security Act, also formally referenced as the â€Å"Old Age Survivor, and Disability Insurance† is universal, federal social welfare policy that works to provide a fundamental right to a pension in old age and unemployment insurance. It was enacted in 1935 and initially established a pension system for old people based on employer and employee contributions. Changes to this policy later extended the system to include other dependent groups such as children and the disabled. This policy contains ten primary titles in its functions including â€Å"old age† that provides funds to states for the assistance of aged individuals. The second title â€Å"unemployment† concerns the provision of insurance against unemployment while the â€Å"child†¦show more content†¦In essence, the programs under this policy serves to offer cash assistance to needy households through the Department of Health and Human Services so that children can be taken care of at home or their relative’s. The policy also aims at ending the dependency of needy parents on assistance and aid by advancing job readiness, marriage, and work. It also works towards preventing and reducing cases of out-of wedlock pregnancies while promoting the formation and maintenance of families with two parents. As such, TANF funds are utilized for a range of supports and services including child care, education, job training, income assistance, helping children vulnerable to neglec t and abuse among others 2. How social policy impacts social service delivery and access to social services Social policy is, in essence, a government action aimed at providing a basic level of assistance with social elements such as education, income, housing, health care and safety for particular groups of people at risk (Kollman, 2011). Social policies, therefore, work to subsidize or eliminate the costs required to access these social services for individuals and households that meet particular eligibility criteria. In most cases, eligibility is based on the income of a said individual or household. Usually, social policies target those whose income falls below a particular threshold. Williams 3Show MoreRelatedProgram Analysis : Social Security Funding977 Words   |  4 PagesProgram Analysis: Social Security Funding The United States of America is one of the most diverse places in the world. We all share different cultures, beliefs, and problems; nevertheless, economic security is a universal, human problem that each society has had to encounter in some way. The term â€Å"social security† was introduced to the United States in 1935, during the Great Depression, when the Social Security Act was passed. Social security has created about 16 social welfare programs over theRead MoreThe Social Security Act Of 19351679 Words   |  7 PagesThe passing of the Social Security Act generated a social insurance program that protected a multiplicity of people by supplying a monthly benefit to societal individuals age 65 and older who were no longer actively working; it was a means of income to individuals once they retired and was based on the person’s payroll tax contribution (Martin Weaver, 2005). The longer amount of years a person was employed, the higher their benefit amount is set to be. Social weighing was a method they used toRead MoreEssay on Social Security1184 Words   |  5 Pages Social Security nbsp;nbsp;nbsp;nbsp;nbsp;Social Security is a public program designed to provide income and services to individuals in the event of retirement, sickness, disability, death, or unemployment. In the United States, the word social security refers to the programs established in 1935 under the Social Security Act. Societies throughout history have devised ways to support people who cannot support themselves. In 1937 the government began issuing Social Security identification cardsRead MoreSocial Security1185 Words   |  5 Pages) ADM653: SOCIAL SECURITY AND EMPLOYEE BENEFITS ADMINISTRATION TOPIC: DEVELOPMENT OF SOCIAL SECURITY IN UNITED STATES PREPARED BY: AFIQAH BINTI MAD KASSIM 2013455736 ALIA ATIQQAH BINTI ADENAN 2013 FIQRIN HANIS BINTI ROSLI 2013488894 INTAN SURAIYAH BINTI RAMAT 2013460818 NUR AMILY BINTI ZAINUDDIN 2013439594 GROUP: S3BA5G (SEPT 2015) PREPARED FOR: SIR SUHAIMI BIN ABD SAMAD SUBMISSION DATE: 13 OCTOBER 2015 1.0 Introduction United States Social Security AdministrationRead MoreSocial Security During The United States1518 Words   |  7 PagesSocial Security in the United States I. Introduction Social security in the United States is a federal system run by the Social Security Administration to provide monetary benefits, or welfare, to citizens who are retired, unemployed, or disabled. In 1935, President Franklin D. Roosevelt enacted the Social Security Act which limited the dangers of old age, unemployment, disability, and families with dependent children within the United States during the great depression. In order to obtainRead MoreSocial Security Act Of 1930908 Words   |  4 PagesSocial Security Act In 1930’s the Great Depression triggered a crises in the nation’s economic life. The Great Depression left millions of people unemployed and penniless. People consider leaving their farms behind to work in the cities factories to send money home. But as they grow into their new lifestyles the aging parent would stay behind to keep their dream of landowner ship. The seniors would be left in the hardest times of need living off the land. President Roosevelt’s New Deal was createdRead MoreThe Commissioner Of Social Security Essay1924 Words   |  8 PagesDelivery The Commissioner of Social Security is responsible for administering the OASDI program and service delivery. They are not there to collect FICA taxes. FICA taxes is performed by the Internal Revenue Service of the Department of the Treasury. The Secretary of the Treasury supervises the preparation and mailing of benefit checks or direct deposits on debit cards and banking accounts. They also provide management and investment of the trust funds. Social Security numbers is an identifiable methodRead MoreAnalysis of a Stakeholder1293 Words   |  6 PagesOrazie Slayton Social Security Administration During the Great Depression of the early 1930s a form of Social Security was created but the federal government was not involved in the support of elderly people and their families, those concerns were considered to be handled locally or by the state. According to the America’s Historical Documents (n.d.), that changed on August 15, 1935 when president Roosevelt signed the Social Security Act, this act established a system of old –age benefits for workersRead MoreSocial Security Act Of 19352184 Words   |  9 Pages In August 14, 1935 Social Security was established by the founder of Franklin D. Roosevelt. Social Security had a program known as social insurance for what it consists of retirement, disability, and survivors’ benefits. Those benefits included taxes. Let’s go back in time and explore the history and issues that were involved in social security. (Social security of United States) Before the 1930’s, the great depression in the 1929 became an issue for the economy as well as the stock market crashedRead MoreSocial Security Act And Related Laws845 Words   |  4 PagesIn January 1935, President Franklin D Roosevelt presented his Social Security Act to Congress. The draft of the Administration bill was the beginning for the legislative attention to the Social Security in 1935. Social Security was introduced to help retired workers receive retirement payments. The Social Security Act and related laws establish a number of programs that have the following basic purposes: (Social Security Administration, 2006) A. To provide for the material needs of individuals and