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The 1935 Social Security Act paid retirees a stipend based on
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The 1935 Social Security Act paid retirees a stipend based on
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Jan 24, 2017
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The 1935 Social Security Act paid retirees a stipend based on
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Answer:
the amount contributed to the fund while working.
Step-by-step explanation:
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The retirees were paid based on what they had paid into the fund as a result of the tax on their wages. Payroll tax is payed half by the person and half by their employer. A lump sum benefit was also paid at death.
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