social security

     

Social security primarily refers to social welfare service concerne with social protection, or protection against socially recognized conditions, including poverty, old age, disability, unemployment and others. Although some publications use the terms "social security" and "social protection" interchangeably, social security is used both more narrowly (to refer only to schemes with the formal title of 'social security') and more widely (referring to many kinds of social welfare schemes). Social security may refer to:

Trivia about social security

  • On August 14, 1935 FDR signed this act establishing old-age benefits & unemployment insurance
  • This 1935 U.S. federal law provided assistance in old age pensions, insurance & unemployment
  • In 1990, about two-thirds of Americans over 65 relied on this for over half their income
  • In April 1998 the trustees of this government retirement fund announced it will last until 2032, not 2029