“Truman Outlines Security Program,” from the Feb. 22, 1949 issue of the
Robesonian, Lumberton, N.C.
Washington, Feb. 22—(AP)—Here are the main provisions of
President Truman’s Social Security plan:
1.
The old age and survivors insurance program
would be expanded to include a wide range of workers not now covered, such as
farmers, small businessmen, doctors, lawyers, and other self-employed persons,
domestic service workers, and federal employees not covered under a federal
retirement plan.
2.
Maximum insurance benefits, upon retirement,
would be increased from the present $85 to $150.
3.
The retirement age for women would be reduced
from 65 to 60; for men it would remain at 65.
4.
A retired person could receive $50 a month in
earnings without loss of his benefits—instead of $15.
5.
All needy persons would get direct federal
grants instead of just needy aged, the blind, and dependent children, as at
present. Such payments—with the federal government and the state each chipping
in a share—would go as high as $100 for a man and his wife and $20 for each
additional person in the family.
6.
Standards of assistance would continue to be
determined by the states. But federal aid would be extended on a basis of per
capita income in the states. States with the lowest per capita income would get
the largest shares of federal aid.
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