Beyond the Book: Background information when reading Boomsday

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Boomsday

A Novel

by Christopher Buckley

Boomsday
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  • First Published:
    Apr 2007, 336 pages
    Paperback:
    May 2008, 336 pages

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A Short History of Social Security in the USA

  • The Social Security Act was signed into law by President Roosevelt on August 14, 1935.
  • In the 1960s the age when men were eligible for retirement benefits was lowered to 62 and health coverage was extended to Social Security beneficiaries aged 65 or older.
  • One in six Americans (45 million) receives a Social Security benefit, almost 1 in 3 beneficiaries are not retirees.
  • About 98% of all workers are in jobs covered by Social Security.
  • In 1985 the Social Security Trust Funds were moved "off-budget" so that the funds earmarked for the Social Security ...

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