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Revision as of 2005-03-31 18:30 FrontPage > BwzNotes > BusinessEnglish2 > SocialSecurityUS Social Security in USThe US is the only industrial nation not providing a national social security system. People could not be helped because they should help themselves. In August 1959, Roosevelt experienced a great depression (???) He established two insurance programs: The Federal something and the publicat something (Presentator was pretty fast) Reserved Fund (???) In 1935, there was a industrial occupation, 1939, the year of the survival workers. 1950: fulltime farmers, domestics, employees and non-profit were included in the federal program as well later on, the selfemployed too (???) the age for early retirement has been lowered from 55 years to 52 years - the system is financed by Tax from the whole population, and There is an unemployment insurance. The maximum limits depend on the state one lives in. In Massachusets (I know I wrote that wrong) it is 26 weeks, in Washington (easier to write) 32 weeks. Since 1954, about 70 wellfare programs outsidfe the local security have been established. AFDC: 14 million membersChild have to live in the home of the parents to be covered. Total benefits: about 23 billion dollars Medic Aid: about 53 million membersEstablished in 1956, centers on Medicare and Medic Health Services MedicareSSImin income (???) 1974: 6 mio americans Food Stamp program- nutrition program Health care- Mixed program about 40 percent of the US population do not benefit from any health program!
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