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Topic: Social Security Act of 1965


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In the News (Fri 18 Dec 09)

  
  Social Security - MSN Encarta
In particular, it refers to the social insurance portion of that act, which uses contributions made by workers and employers to provide income to people and their families during retirement or in the case of involuntary unemployment, disability, or death.
One of the widest-ranging systems of social support in the United States prior to passage of the Social Security Act developed during the American Civil War (1861-1865).
The core of the Social Security Act was to protect all citizens against the economic risks of unemployment and old age.
encarta.msn.com /encyclopedia_761561113/Social_Security.html   (2354 words)

  
  Social Security (United States) - Wikipedia, the free encyclopedia   (Site not responding. Last check: 2007-10-23)
Social Security in the United States is a social insurance program funded through a dedicated payroll tax.
As a result of these changes, the Social Security system began to generate a large surplus of funds, intended to cover the added retirement costs of the "boomers." Congress invested these surpluses into special series, non-marketable U.S. Government bonds which are held by the Social Security trust fund.
The Social Security portion of this tax is 6.2% of the first $90,000 (in 2005) of an employee's income paid directly by the employer, and an additional 6.2% of the first $90,000 (in 2005) deducted from the employee's paycheck, yielding an effective rate of 12.4% of an employee's income.
en.wikipedia.org /wiki/Social_Security_Act   (3256 words)

  
 Social Security Attorney Services
Social Security entails protecting individuals from unforeseen catastrophes, the government spreads certain risks among all members of society in order that no single family bears the full burden of responsibility when such occurrences arise.
Social Security benefits are not like welfare since they are paid to an individual or his/her family in part on the basis of that person’s employment record and prior contributions to the system which governs its implementation.
Thus, the Social Security benefits are paid to an individual or to his family on the basis of the person’s employment record and prior contributions to the system.
www.attorneyservicesetc.com /practice_area/Social-Security-Attorney-Services.html   (472 words)

  
 Social Security - Wex
Unlike welfare, social security benefits are paid to an individual or his or her family at least in part on the basis of that person's employment record and prior contributions to the system.
While the original act used Social Security in a broad sense and included federally funded welfare programs and unemployment compensation within its scope, current usage associates the phrase with old age, survivors, and disability insurance.
While the Social Security Act (federal law) governs an applicant's right to benefits, state substantive law governs some of the family relationship issues that may bear on that right such as the validity of a marriage.
www.law.cornell.edu /topics/social_security.html   (328 words)

  
 U.S. Treasury - Fact Sheet on the History of the U.S. Tax System
Though social policies sometimes governed the course of tax policy even in the early days of the Republic, the nature of these policies did not extend either to the collection of taxes so as to equalize incomes and wealth, or for the purpose of redistributing income or wealth.
Another revenue act was passed in 1918, which hiked tax rates once again, this time raising the bottom rate to 6 percent and the top rate to 77 percent.
Of course, the expansions of Social Security and the creation of Medicare and Medicaid required additional tax revenues, and thus the basic payroll tax was repeatedly increased over the years.
www.treas.gov /education/fact-sheets/taxes/ustax.shtml   (5631 words)

  
 Online Etymology Dictionary
Meaning "firmly fixed" (of material things) is from 1841, on notion of "affording grounds for confidence." Security is attested from 1432, from L. securitas, from securus; phrase security blanket in figurative sense is attested from 1971, in ref. to the crib blanket carried by the character Linus in the "Peanuts" comic strip (1956).
Social studies as an inclusive term for history, geography, economics, etc., is attested from 1938.
Social security "system of state support for needy citizens" is attested from 1908.
www.etymonline.com /index.php?search=security   (1172 words)

  
 [No title]
1965 - Elementary and Secondary Education Act of 1965 (P.L. 89-10) The core of the Act, Title I, authorized a multi-billion dollar program of aid to assist the states and local school districts to provide compensatory education to educationally disadvantaged children residing in low-income areas.
Also Part B of Title IV of the Act made federal funds available to state agencies for library services for individuals who were certified by a responsible authority as unable to read or to use conventional printed materials as a result of physical limitations.
Among the purposes for which funds under this Act may be used to bring academic facilities into compliance with the Architectural Barriers Act of 1968 and Section 504 of the Rehabilitation Act of 1973.
disability.law.uiowa.edu /csadp_docs/APPENDIX_2_APR.txt   (4338 words)

  
 SOCIAL SECURITY FUND ACT   (Site not responding. Last check: 2007-10-23)
The State Social Security shall be implemented in compliance with Title III of the Labour Code of 1951, the Pensions Act and the Decree on encouragement of births.
The budget of the "Social Security" Fund shall be the basic financial plan for raising and use of cash funds of the State Social Security and shall be separate from the state budget.
The General Directorate "Social Security" with the Ministry of Labour and Social Welfare together with its regional divisions shall be transferred to the National Insurance Institute.
www.bild.net /legislation/docs/7/lab6.html   (3549 words)

  
 New Page 1   (Site not responding. Last check: 2007-10-23)
Over the years Congress repeatedly amended the act by increasing benefits, expanding the category of recipients, increasing the tax rate and, most significantly, by the Social Security Act of 1965, adding hospital and medical care—Medicare—as an entitlement.
Under the Federal Insurance Contributions Act (FICA), a combined tax rate of 7.65 percent is assessed on both employer and employee, 6.2 percent which in 2002 is imposed on wages up to $84,900, with the remaining 1.45 percent Medicare portion levied without limit.
Despite the vow by successive administrations to "Save Social Security," and similar assurances by the Congress, huge sums continue to be dissipated on projects as diverse as aid to farmers and the steel companies, military pay raises, hurricane aid to Central American nations, and various military projects.
www.onthemoneytrail.com /issue11-02.htm   (1264 words)

  
 Social Security (United States) - Knowmore
Social Security in the United States is a social insurance program funded through a dedicated payroll tax.
As a result of these changes, the Social Security system began to generate a large surplus of funds, intended to cover the added retirement costs of the "boomers." Congress invested these surpluses into special series, non-marketable U.S. Government bonds which are held by the Social Security trust fund.
The Social Security portion of this tax is 6.2% of the first $90,000 (in 2005) of an employee's income paid directly by the employer, and an additional 6.2% of the first $90,000 (in 2005) deducted from the employee's paycheck, yielding an effective rate of 12.4% of an employee's income.
www.knowmore.org /index.php/Social_Security_(United_States)   (2983 words)

  
 Assistive Technology - Appendix B
Social Security provisions of the 1930s sought to support state activities relating to public health care services for mothers and children.
The Social Security Administration managed the Medicare system, and the Social and Rehabilitation Service managed Medicaid until 1977.
The Telecommunications Act of 1996 and related laws drove the development of new telecommunication devices and modifications to existing devices for people with disabilities.
www.bis.doc.gov /defenseindustrialbaseprograms/OSIES/DefMarketResearchRpts/assisttechrept/b_appendix.htm   (490 words)

  
 Online Etymology Dictionary
Socialism is attested from 1837, apparently first in reference to Robert Owen's communes.
The meaning "social principle" is attested from 1918, supposedly borrowed from the language of painting.
Meaning "social concern for the well-being of children, the unemployed, etc." is first attested 1904.
www.etymonline.com /index.php?search=social   (1942 words)

  
 The Outdated Institution for Mental Diseases Exclusion
In 1972, the Social Security Act was amended to give States the option of covering inpatient psychiatric hospital services furnished to individuals under age twenty-one in psychiatric institutions under their state Medicaid plans.
Secondly, as discussed in the statutory section, the 1965 Amendments to the Social Security Act also gave the States the option of covering persons aged sixty-five and older in institutions for tuberculosis and mental diseases.
Nonetheless, Congress, in the legislative history of the 1965 Amendments, articulated that the denial of federal public assistance and Medicaid funds for individuals under age sixty-five in mental and tubercular institutions was based upon the rationale that the care and maintenance of persons in such institutions was a traditional responsibility of the States.
www.psychlaws.org /HospitalClosure/OutdatedIMD.htm   (4069 words)

  
 MEDICAID
Social Services are responsible for child and adult abuse concerns, child day care, foster care and adoptions.
In a letter from the former Acting Commissioner of the Bureau for Children and Families, policy knowledge of the field staff was addressed.
The Social Security Act provides for the crediting of quarters of coverage based on yearly earnings including deemed military wages (the amount of deemed military wages must be determined by the SSA) divided by the amount required to qualify a calendar quarter as a quarter of coverage.
www.legis.state.wv.us /Joint/PERD/perdrep/medicaid.html   (5527 words)

  
 Project on Social Security Choice
In "The Personal Lockbox: A First Step on the Road to Social Security Reform," Michael Tanner, Cato's director of Project on Social Security Choice, explains why new legislative proposals are a first step on the road to reform.
As President George W. Bush's 60-day Social Security tour comes to an end, the latest FOX News poll finds that a large minority of the public is unclear on the voluntary nature of his personal investment proposal.
The Social Security Administration's Office of the Actuary says that a U.S. House bill based on Cato's Social Security reform plan would restore the program to long-term solvency.
www.socialsecurity.org   (1506 words)

  
 Information on the Privacy Act and Use of Social Security Numbers
Section 483 and 484 of the Higher Education Act of 1965, as amended, gives us the authority to ask these questions, and to collect Social Security Numbers from both you and your parents.
Your Social Security Number is used to verify your identity and retrieve your records.
In addition, your name, address, Social Security Number, date of birth, expected family contribution, student status, and state of legal residence will be sent to the state agency in your state of legal residence.
www.fafsa.ed.gov /help/ffpriv01.htm   (646 words)

  
 NOW. Politics & Economy. Social Security: History and Landmark Legislation | PBS
The Social Security Act of 1935 is one of the most important pieces of legislation in American history.
But the Act takes its name from the landmark social insurance program which was designed to pay retired workers age 65 or older a continuing income after retirement.
In the 1960s the Social Security Administration was tasked with providing healthcare to Social Security beneficiaries aged 65 or older under the Medicare Act.
www.pbs.org /now/politics/socialsechistory.html   (644 words)

  
 The Social Security Act
Social Security as it would be recognized today did not actually come into being in America until 1935, but there was one significant predecessor, a social security program intended for a particular segment of the American population.
A major advance occurred when the Social Security Administration was charged with providing health care to beneficiaries aged 65 or older, under the new Medicare Act signed into law by President Lyndon B. Johnson on July 30, 1965.
In 1985, the Social Security Trust Funds were moved out of the federal budget, so that funds set aside for the Social Security system could be tracked separately from the rest of the budget.
www.u-s-history.com /pages/h1609.html   (1147 words)

  
 Bob Kerrey on Social Security Reform
He notes that President Bush's plans for Social Security reform shouldn't be looked at as an end to Social Security, but as an opportunity to fix inadequacies of the system while ensuring the goals of keeping the elderly out of poverty, generating wealth for lower income workers, and improving the quality of life for retirees.
And there is no doubt that a vocal and influential minority remains true to its strong conservative belief that the Social Security Act of 1935 and the 1965 amendments to this act, which created Medicare and Medicaid, represent socialistic and dangerous interferences with the marketplace.
What makes the contract work is that the expectation of those in the work force is that when they pass the age of eligibility, successive generations of workers will not object to the taxes that must be imposed on them to cover the costs of their income and health benefits.
www.socialsecurity.org /daily/02-10-05.html   (1099 words)

  
 Glossary   (Site not responding. Last check: 2007-10-23)
It was established by §1811 of Title XVIII of the Social Security Act of 1965, as amended, and covers inpatient hospital care, skilled nursing facility care, some home health agency services, and hospice care.
These individuals are those who are aged 65 and older, are uninsured for social security or railroad retirement, and do not otherwise meet the requirements for entitlement to Part A. Disabled individuals who have exhausted other entitlement are also qualified.
It was established by 1831 of the Title XVIII of the Social Security Act of 1965 as amended, and covers services of physicians/other suppliers, outpatient care, medical equipment and supplies, and other medical services not covered by the hospital insurance part of Medicare.
www.cms.hhs.gov /glossary?Letter=P&Language=English   (3352 words)

  
 Great Society Summary
During the first six months of 1965, the president used his clout to gain passage of such programs as Medicare, government support of elementary and secondary education, more antipoverty measures, stronger environmental laws (including the Highway Beautification Act, which his wife supported), and the Voting Rights Act of 1965.
The Social Security Act of 1965 authorized Medicare and provided federal funding for many of the medical costs of older Americans.
The most sweeping reorganization of the federal government since the National Security Act of 1947 was the consolidation of transportation agencies into a cabinet-level Department of Transportation.
www.bookrags.com /Great_Society   (3804 words)

  
 Social Security Act §215
(8) The Commissioner of Social Security shall recompute the primary insurance amounts applicable to beneficiaries whose benefits are based on a primary insurance amount which was computed under subsection (a)(3) effective prior to January 1979, or would have been so computed if the dollar amount specified therein were $11.50.
(2)(A)(i) The Commissioner of Social Security shall determine each year beginning with 1975 (subject to the limitation in paragraph (1)(B)) whether the base quarter (as defined in paragraph (1)(A)(i)) in such year is a cost-of-living computation quarter.
(D) If the Commissioner of Social Security determines that a base quarter in a calendar year is also a cost-of-living computation quarter, the Commissioner shall publish in the Federal Register within 45 days after the close of such quarter a determination that a benefit increase is resultantly required and the percentage thereof.
www.law.cornell.edu /socsec/act/0215.htm   (4526 words)

  
 About the USA > Society >Social Welfare
Paid for by deductions from the paychecks of working people, Social Security ensures that retired persons receive a modest monthly income and also provides unemployment insurance, disability insurance, and other forms of assistance.
Recently, there has been concern that the Social Security fund may not have enough money to fulfill its obligations in the 21st century, when the population of elderly Americans is expected to increase dramatically.
That is a doubling of the percentage that obtained in the 1960s.
usa.usembassy.de /society-socialsecurity.htm   (912 words)

  
 usnews.com: The People's Vote: Social Security Act Amendments (1965)
In 1965, the passage of the Social Security Act Amendments, popularly known as Medicare, resulted in a basic program of hospital insurance for persons aged 65 and older, and a supplementary medical insurance program to aid the elderly in paying doctor bills and other health care bills.
Between 1960 and 1965, the health coverage debate was a front burner issue in Congress, with dozens of proposals introduced and testimonies given by representatives of major organizations, including the American Hospital Association, the American Medical Association, and the AFL-CIO.
After Congress passed the legislation in the summer of 1965, President Lyndon Johnson decided to sign the bill with former President Truman at the Truman Presidential Library in Independence, MO, in order to recognize Truman’s early effort to establish a national health insurance program.
www.usnews.com /usnews/documents/docpages/document_page99.htm   (563 words)

  
 Affordable Health Insurance > The History of Medicare
However, it wasn't until 1965 that President Lyndon B. Johnson signed H.R. 6675 (The Social Security Act of 1965; PL 89-97) to provide health insurance for the elderly and the poor.
On July 30, 1965, President Johnson signed the Medicare and Medicaid Bill (Title XVIII and Title XIX of the Social Security Act) in Independence, Missouri in the presence of former President Truman, who received the first Medicare card at the ceremony; Lady Bird Johnson, Vice-President Hubert Humphrey, and Mrs.
The 1972 Social Security Amendments expanded Medicare to provide coverage to two additional high risk groups—disabled persons receiving cash benefits for 24 months under the social security program and persons suffering from end-stage renal disease.
www.emaxhealth.com /72/1272.html   (503 words)

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