Introduction
In general, U.S. economic policies concerning benefits for workers and citizens are broad and aimed at encouraging and easing people’s lives. It evolves permanently, adapting to the new conditions and needs of the inhabitants. Preferential conditions are intended to facilitate and support any beginning of people’s lives, such as the birth of a child. To understand what is meant by Social Security, it is necessary to analyze all the upsets of this system.
Why Government Benefits Are Needed
The fact is that for the practical existence of any person, he needs to maintain a balance between work and life. This balance is necessary for an individual to be a multifunctional person, solving several problems at once (The School of Life, 2015). But if a citizen works exclusively, there will not be enough time and resources for more than one purpose, but only for work and leisure. Thus, social benefits are designed to make life easier for society by providing some incentives and benefits. For example, benefits for the worker help him relieve the busyness of life and travel, devote time to family, or alternative leisure activities (Piper, 2). A program like Social Security offers such opportunities.
What Is Social Security
Social Security helps older Americans, workers who have lost disability, and families who have lost a spouse or parent. In 2020, about 180 million people were working and paying Social Security taxes, and about 65 million people were receiving monthly benefits from this program (Rentzou & Slutsky, 2020). As employees work and pay their taxes, they earn Social Security “credits”. The amount needed to earn one credit usually increases each year. In most cases, 40 credits (10 years) are required to qualify for the benefit requires 40 credits (10 years of employment) (Melin, 2019). Younger people need fewer credits to be eligible for disability allowances or to provide survivor’s manuals to their relatives in the event of the worker’s death.
Retirement Benefit
Deciding when to start receiving retirement compensation is one of life’s most important decisions. Suppose the person chooses to start receiving retirement manuals at full retirement age. In that case, they will receive their total compensation, which will be reduced if employees receive them before they reach full retirement age (Melin, 2019). Every individual may choose to work beyond the full retirement age, and after it, manuals will increase from the time person reach full retirement age or by reaching age 70 (Melin, 2019). If individuals decide to delay receiving benefits after they reach full retirement age, compensations will be increased by a certain percentage depending on the individual’s birth year. This amount will increases automatically each month from the time person reaches full retirement age until they begin receiving manuals, or until a person gets to age 70, whichever comes first.
Disability Allowance
Persons who cannot work due to a physical or mental condition, which may last for at least one year or be fatal, may qualify for rules for determining the existence of a disability. Having an opinion from another organization or program to determine whether People can’t get disability allowances from another organization or program. Citizens may not be able to get Social Security disability benefits (Harsløf & Poulsen & Larsen, 2019). Social Security having a doctor’s note to show does not automatically mean the individual will automatically receive a manual.
Social Security Disability Compensations
This type of allowance should apply for disability benefits as soon as possible because it usually takes several months. The application may be processed more quickly if the following will be provided:
- Medical records and dates of treatment are provided by doctors, psychotherapists, hospitals, clinics, and social workers (Harsløf & Poulsen & Larsen, 2019).
- Results of laboratory tests and other testing.
- Names, addresses, telephone, and fax numbers (Harsløf & Poulsen & Larsen, 2019).
- The names of all medications person is taking.
- Names of employers and job responsibilities for the past 15 years.
Family Allowance
When people start receiving the Social Security retirement or disability manual, family members may also get a manual. For example, a person’s spouse may receive benefits if:
- They are age 62 or older.
- They are caring for your child (who must be younger than 16 years old or have a disability and must be eligible for Social Security allowances based on your earnings) (Rentzou & Slutsky, 2020). This rule applies to anyone of any age. Benefits may also be paid to your unmarried children if they are:
- Underage 18.
- Between the ages of 18 and 19, but are enrolled in elementary or secondary school for full-time schooling (Rentzou & Slutsky, 2020).
- Are 18 years of age or older and have a disability must occur under certain circumstances, a foster care allowance may be paid until 22 (Rentzou & Slutsky, 2020). The assistance may be delivered to foster children, grandchildren, step-grandchildren, or adopted children.
Conclusion
An analysis of America’s social system, using some examples of compensation, shows that the government takes care of the disabled as well as ordinary workers. Benefits are aimed at a wide variety of areas of society and are designed to help, protect, and prevent problems that may arise due to financial hardship. It makes society more stable, and citizens more grateful and hardworking, because the state encourages all kinds of work and takes care of anyone in a tough situation.
References
Harsløf, I., Poulsen, I., Larsen, K. (Ed.). (2019). New dynamics of disability and rehabilitation. Interdisciplinary perspectives. Springer Singapore.
Melin, P. (2019). The external dimension of EU Social Security coordination. Towards a common EU approach. Brill.
Piper, A. (2016). Women and work: why salary, benefits, and work-life balance count. Wagener-Lee, LLC. Pp. 1-2.
Rentzou, K, Slutsky, R. (2020). Early childhood education and care quality in Europe and the USA. Issues of conceptualization, measurement and policy. Taylor & Francis.
The School of Life. (2015). Work-Life Balance. [Video]. YouTube.