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Pages:
1 page/≈275 words
Sources:
1 Source
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Social Security

Essay Instructions:

What benefits are included in Social Security, who may receive benefits, and who pays for Social Security?
Course Textbook Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2011). Fundamentals of human resource management (4th ed.). Chicago, IL: McGraw-Hill.
Chaper 11 and 12
You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have 
Course Textbook Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2011). Fundamentals of human resource management (4th ed.). Chicago, IL: McGraw-Hill.accompanying citations.

Essay Sample Content Preview:

Business and Marketing
Student’s Name:
University Affiliation
Social Security
Individuals need social security to take care of their future lives when they are old and to protect them from the uncertainties during their lifetime. The social security scheme is inclusive in all government systems and citizen in all working sectors contribute to their social security. Civil servants and private sector employees compulsorily contribute to the social scheme. Unemployed individuals can voluntarily contribute to the social security scheme depending on their income capacity. A social security scheme has several benefits to all the contributors and non-contributors. The benefits include; guarantee access to health care during old age, the scheme provides housing services to the people, boosts education sector and general economic growth (Noe, 2011).
The social security scheme provides funeral or sympathy grants to the relatives of their contributors. The scheme has several conditions that qualify an individual for payment by the laws. Payment because of age is the one that replaces the income of an individual at the elderly age. Invalidity payment is given to a contributing member after losing the capacity to earn through physical or mental incapacitation. Survivors’ payment is paid to the relatives of a contributing member who die while still working. Withdrawal payment is given to contributing members who attain the elderly age as indicated in the laws. The last is the emigrant payment that is given to a co...
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