Question

In two paragraphs, how did the social security amendment of 1965 affect those who did not benefit from it.

Answer 1

Ans) The Social Security Amendments of 1965, enacted July 30, 1965, was legislation in the United States whose most important provisions resulted in creation of two programs: Medicare and Medicaid. The legislation initially provided federal health insurance for the elderly (over 65) and for poor families.

- Many amendments have been passed to the original Social Security Act. For instance, originally, monthly payouts of old-age benefits were slated to start on January 1, 1942. Eligible people who turned 65 prior to that date received a lump sum payment.

- On August 10, 1939, an amendment passed to move up the start date to receive monthly benefits to January 1, 1940. Another amendment extended eligibility to dependents and survivors of retired workers.

- In the 1950s, amendments were made which extended Social Security eligibility to domestic and farm workers, non-farm self-employed professionals and some federal employees. It also offered voluntary coverage to some state and federal employees, hundreds of thousands of nonprofit employees and workers in the Virgin Islands and Puerto Rico.

- Additionally, benefits were increased for millions of beneficiaries and a new contribution schedule established.

- No benefits were provided for spouses or children, and lump-sum refunds were provided to the estates of workers who died before age 65 or before receiving at least the equivalent in benefits of their taxes plus interest. Collection of payroll taxes began in 1937, and benefit payments were scheduled to begin in 1942.