The 1935 Social Security Act paid retirees a stipend based on

A) the size of their bank accounts.

B) the size of their economic needs.

C) the amount of time dedicated to one job.

D) the amount contributed to the fund while working.

Question

Brennan Scott

History

26 February, 08:13

The 1935 Social Security Act paid retirees a stipend based on

A) the size of their bank accounts.

B) the size of their economic needs.

C) the amount of time dedicated to one job.

D) the amount contributed to the fund while working.

+3

Answers (2)

Know the Answer?

Valentin Shannon · Answer 1

Valentin Shannon 26 February, 08:28

0

its D on E2020 ...

Capone · Answer 2

the correct option is D

D) the amount contributed to the fund while working.

The act was a part of FDR New deal and set the retirement age at 65 years. the maximum amount of money one could receive was 2642 bucks. the government had a welfare fund for senior citizens, but they were very many, and therefore the act came to remedy the situation by choosing instead to get the money from the payroll.

The 1935 Social Security Act paid retirees a stipend based onA) the size of their bank accounts.B) the size of their economic needs.C) the amount of time dedicated to one job.D) the amount contributed to the fund while working.

The 1935 Social Security Act paid retirees a stipend based on

A) the size of their bank accounts.

B) the size of their economic needs.

C) the amount of time dedicated to one job.

D) the amount contributed to the fund while working.