Table from Encarta

U.S. Social Security Programs

In 1935 Congress passed the Social Security Act that established a publicly-funded program to ensure economic security for workers and their families. Under the Federal Insurance Contributions Act, employers are generally required to deduct money for the program from the paycheck of every working American. Social security funds are funneled into several programs that together attempt to meet the needs of retired, disabled, and unemployed workers as well as their families. This table summarizes the main programs.
Programs Who Pays Who Administers Who Benefits
Old-Age, Survivors' and Disability Insurance, Medicare hospital insurance Employers,
employees,
self-employed
Federal government Retired workers, disabled workers, surviving family or workers
Medicare supplementary
medical insurance
Retired workers, disabled workers Federal government Retired workers, disabled workers
Unemployment insurance,
Workers' compensation
Employers State governments Unemployed workers who suffer injury or disease as a result of their job, dependents of workers killed on the job
Appears in these articles:
Social Security; Aging; United States (People)
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