Security in Your Old Age by United States. Social Security Board

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About this eBook

Author United States. Social Security Board
Title Security in Your Old Age
To Employees of Industrial and Business Establishments, Factories, Shops, Mines, Mills, Stores, Offices and Other Places of Business
Series Title Informational Service Circular No. 9
Credits Produced by an anonymous Project Gutenberg volunteer.
Summary "Security in Your Old Age" by the Social Security Board is a governmental pamphlet published in the mid-20th century, around the time of the establishment of the Social Security Act in the 1930s. This informational text is aimed at workers across various industries to explain the newly created Old-Age Benefits and how the Social Security system would provide financial support for retirees after the age of 65. The core topic focuses on demonstrating how these benefits are calculated, eligibility requirements, and the accompanying taxes that both employees and employers would need to pay to fund the program. The pamphlet outlines the mechanics of the Social Security Act, explaining the age eligibility criteria and how benefits vary based on earnings during a worker's career. It provides potential retirees with an understanding of their future monthly payments upon retirement, detailing calculations based on hypothetical earnings. Additionally, it discusses provisions for young and middle-aged workers, the financial implications for families in the event of an early death, and the establishment of an Old-Age Reserve Fund to ensure sustainability. Overall, this pamphlet serves as a crucial resource for understanding one's rights and responsibilities within the emerging social security system as it began to take shape in the United States. (This is an automatically generated summary.)
Language English
LoC Class HD: Social sciences: Economic history and conditions, Production
Subject United States. Social Security Act
Subject Social security -- United States
Category Text
EBook-No. 8666
Release Date
Most Recently Updated Apr 4, 2014
Copyright Status Public domain in the USA.
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