Assignment:
Subject: Social Security
The Social Security Act was first established on August 14, 1935 by President Franklin Roosevelt. It was intended to protect the elderly from poverty by providing the minimum level of sustenance. Workers pay into social security when they were working and when they retire, they can collect a monthly check based on their age of retirement and how much they paid in. This term is important to understand because it is constantly discussed and debated by members of our government. We are told that Social Security will not be around when today's younger people retire unless drastic changes are made to the program. If changes aren't made, the program will be in danger of failing.
https://money.usnews.com/money/retirement/social-security/articles/2018-02-12/the-socialsecurity-retirement-age-increases-in-2018
The article I read talks about how the baby boomer generation is starting to turn the retirement age and getting ready to collect social security benefits. The article talks about how this has resulted in Congress to act to protect Social Security and increase the age in which people can can retire. The article goes on to state that those that choose to retire and start collecting at age 62 instead of 66 will find that their benefit payments will be 25% smaller. This reduction is an incentive to encourage people to wait to collect their full benefits a few years later.
Overview
Voter turnout and political participation are at the heart of democracy in the United States. The Current News Event discussion will allow you to locate current news events that are directly related to the concepts in Module 2 and share them with the class.
Instructions
Choose a term or concept from the chapter readings for Module 2. Put the term/concept in the subject heading of your discussion. In the body of your discussion posting, provide the following information:
List and briefly define the term in your own words and explain why you think this term is important (100 to 150 words). Include the page number in the eBook where the term is found.
Provide a working URL link, on a credible news or information site, to one current news event (within the last 6 months). Events should relate to the term and to the United States Government.
Provide a paragraph explanation (150 to 200 words) of the relevancy of the selected news link to the concept/term.
NOTE: Once a student has posted a term and article link, that term and article cannot be used again.