Economic security, the condition of having the resources to support a standard of living now and in the foreseeable future
Whilst employees who have such legally-binding, indefinite contracts are in the enviable position of knowing that they (and their family) have complete financial security for the rest of their lives, it is important to realise that these obligations work both ways.
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In June, 1934, Altmeyer, acting upon instructions from President Franklin Delano Roosevelt, Secretary Perkins and Presidential Adviser Harry Hopkins, drafted for the president Executive Order 6757, which provided for creation of a Committee on Economic Security, the committee which oversaw drafting of the bill which became the Social Security Act of 1935.
The Survivors’ Empowerment and Economic Security Act was introduced by the 110th United States Congress to the Senate (S. 1136) and House of Representatives (H.R. 2395) to allow for greater economic freedom for domestic violence victims by providing short-term emergency benefits where needed, guaranteeing employment leave and unemployment compensation, and prohibit insurance restriction or job discrimination to domestic violence victims.