Skip to contentNational Women's Law Center

It's an American Classic - Our Social Security System

What's an American classic? Something that stays fresh and wonderful generation after generation. Something that says, "This is America." Like ice cream cones. The Statue of Liberty. Sunday drives. The March on Washington and "I have a dream." I Love Lucy. And our Social Security system.

Social Security - It's an American Classic!

On this date in 1935, President Franklin D. Roosevelt signed the Social Security Act. On its 77th birthday, we hail Social Security as an American classic! Why?

  • Social Security has brought Americans together across generations. Working together, we've built a system that provides income and security for workers and their families when they need it — when income is lost due to retirement, disability, or death.
  • For three-quarters of a century, through wars, recessions, natural disasters — and stock market crashes — Social Security has made every payment, on time and in full.
  • Social Security is the foundation of retirement security for most Americans — especially women. Without income from Social Security, half of women 65 and older would be poor.
  • Social Security is a family insurance plan that protects young workers, their spouses, and their children. More than 3.2 million children rely on Social Security.

And Social Security is still going strong! Even with no changes, it can pay 100 percent of promised benefits for the next 20 years, and 75 percent of promised benefits after that. Yes, there's a long-term shortfall. But to put it in perspective: eliminating the entire 75-year shortfall costs about as much as extending the Bush-era tax cuts for the richest two percent.

Social Security will only turn 77 once! To celebrate this American classic you can:

When he signed the Social Security Act, President Roosevelt said that this law "represents a cornerstone in a structure which is being built but is by no means complete." Since 1935 Americans have expanded and improved this structure, providing benefits for widows and children, workers with disabilities, benefits for divorced spouses (initially, after a 20-year marriage, later reduced to 10 years), eliminating sex discrimination in the award of benefits, and providing automatic cost-of-living adjustments (COLAs) that help protect the value of Social Security benefits from eroding over time.

We need your help to protect and strengthen Social Security! Later this year, Congress will make far-reaching budget decisions — and cuts to Social Security benefits, particularly by reducing annual cost-of-living adjustments, are reportedly on the table. After Congress returns, we'll keep you posted and make it easy for you to take action to protect Social Security. In addition, the policy makers we choose in November will make important decisions about the future of our Social Security system. So be sure you’re registered to vote!

Comments

You can help out with home

You can help out with home tasks to keep you not simply active but to maintain a superb health as well. Try to sweep or scrub the floor surfaces often and carry out it by exaggerating your movements to keep your body energetic and performing. You may also wash your garden and clean up your clothes. sweat miracle

What I wouldn't give to have

What I wouldn't give to have a debate with you about this. You just say so many things that come from nowhere that I'm pretty sure Id have a fair shot. https://archive.org/details/EczemaFreeForever_2014

I was very pleased to find

I was very pleased to find this site.I wanted to thank you for this great read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you post. https://archive.org/details/ZetaclearReviews

We are really grateful for

We are really grateful for your blog post. You have done a great job. I will definitely dig it and personally recommend to my friends. https://archive.org/details/TaoOfBadassReview

This is an excellent post I

This is an excellent post I seen thanks to share it. http://acnenomorereviewd.weebly.com/

I found so many entertaining

I found so many entertaining stuff in your blog, especially its discussion. https://archive.org/details/PregnancyMiracleBookLisaOlson

You have a right to privacy.

You have a right to privacy. Teachers and other school officials do not have the right to disclose your pregnancy to anyone without your permission Cabinet

diabetes

The feeder is very well built, with many thoughtful design features. MY EXPERIENCE WITH OTHER GRINDERS. I sided my house with shingles and Hardie siding and it did the job perfectly and easily. Great price and speed getting here! diabetes
i will but it again,and i love it so much!! love love!! As this part is carried to the sink it drips on the floor. If you pulled on it, when mounted, it would deform and bend down well before you could rip it out. I am 6'6 and I am already use to this (everything is made for average height people) All in all it's a good product for the price paid Would I recommend the product? Yes, If you are looking to get in shape or have something where you can work out while you are in the house or in between gym visits and not pay a lot of money this is a good product. This simple added feature makes this charger worth the extra cost to me as I hate wasting energy unnecessarily and also can't stand it when I think something's charged long enough, but in fact it's not. I only used it a handful of times, wasn't the batteries, couldn't figure it out, but it's now useless and will be thrown away. Diabetes Diet. Metformin Medications For Type 2 Diabetes More info

You have a right to privacy.

You have a right to privacy. Teachers and other school officials do not have the right to disclose your pregnancy to anyone without your permission Syracuse Lawyers

“They said the elections were

“They said the elections were free and peaceful and we agree with that. They should have addressed the issue of credibility and fairness before taking this decision. The election did not give equal access and opportunities to all parties,” Chihwayi said where to buy pure garcinia cambogia

They said the elections were

They said the elections were free and peaceful and we agree with that. They should have addressed the issue of credibility and fairness before taking this decision. best vitamin c serum

Carey, this singular

Carey, this singular collection, by turns disturbing, macabre and moving, opens a window upon our enduring desire to make peace with death. lion air

You have a right to privacy.

You have a right to privacy. Teachers and other school officials do not have the right to disclose your pregnancy to anyone without your permission. Full Dead Piff Article

Post new comment