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Mon Dec 31, 2012, 12:00 PM

 

Social security is designed to provide a minimum degree of security upon which a worker builds. [View all]

http://www.ssa.gov/history/briefhistory3.html

"It is impossible under any social insurance system to provide ideal security for every individual. The practical objective is to pay benefits that provide a minimum degree of social security—as a basis upon which the worker, through his own efforts, will have a better chance to provide adequately for his individual security." -- From the Report of the Social Security Board recommending the changes which were embodied in the 1939 Amendments.

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Reply Social security is designed to provide a minimum degree of security upon which a worker builds. [View all]
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