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The Social Security Act is what provided monthly pensions for retired people. It was a tax created in 1930 for employers and employees.
Pensions
pensions
Answer social security act
pensions
American Association of Retired Persons.
When Roosevelt talks about pensions, he is referring to financial payments made regularly by the government, typically to support retired individuals who have contributed to the system during their working years. Pensions provide a source of income after retirement to help maintain a basic standard of living.
American Association of Retired Persons
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American Association of Retired Persons.
True
The social security act payed for the pensions for retired Americans with payroll tax. PAYROLL TAX- A tax that removes money directly from workers' paychecks. Employers were required to make matching contributions. P.S. - this was written by an eight grade boy, if you didnt know this, its very sad