The Social Security Program - Essay Example

The Social Security Program Social security is the most efficient run program in all oriented activities in the United States. It is legally established in America’s constitution as the Social Security Act in 1935. It specially deals with the monitoring process of the social welfares of its citizens. Under the Social Security sector, aspects of pension income for the retirees, unemployment and fund assistance to the physically and financially challenged; are the major programs reflected. Involvement of insurance agencies and compensation companies and how they relate the persons mentioned above is also monitored by the Social Security program.

Progress of these three aspect programs has undergone stiff completion. Maintenance and management of the pension income of the retired has been at the limelight of the actions of the Social Security. This has had success in ensuring security of insurance and necessary compensation to the retirees over the years. This program has operated amidst its authoritative, incentive and capacitative techniques in order to offer quality services to the retirees. It is the first and main “Social Security” of America initiated initially for soldiers in 1776.

Its vivid historical background of pension security is dated back to the era of civil wars whereby the retirees of the war were honored by paying them off a reduced amount from their original salaries to encourage and maintain America’s economic security (Boyer and Dubofsky 587). It was also due to the fact that a lot of citizens were left orphaned and widowed by the dead war veterans. Currently, the pension fund has increased and broadened its wings to other professionals such as doctors, teachers among others.

The federal governments banked on its expansion for the maintenance of the republic’s economic security. A major lead in the implementation of the Pension Social Security program is that it provides additional funds to cater for other essential needs being monitored by the federal government for the sake of its citizens. Technology, infrastructure and education are some of the beneficiaries of the pension income. When the retirees come off age, they are allocated the interests. There has been limited or no limitations considered under this program.

In conclusion, effectiveness of incentive techniques by the bodies checking on this program will be used in enhancing any future reforms thought of. This will ensure the citizens’ actions to the best of their capacity in matters that financially help them to cope with the pressure of national policies. Works Cited Boyer, Paul S and Melvyn Dubofsky. The oxford companion to United States History. Chicago: Oxford University Press, 2005. Print