Here's the maximum Social Security benefit in 2017. Inflation ticked higher this year, and as a result, the Social Security Administration is increasing Social Security payments by 0.3% in 2017. The slight increase in Social Security income means that the maximum monthly Social Security benefit at full retirement age next year will be $2,687 per month. However, the chance that someone would get that amount depends on their past earnings and when they claim their Social Security benefits.
As such, one of its major functions is to pass new laws, to amend existing laws, and to repeal or abolish (cancel) old laws. This function is guided by the Constitution of South Africa, which governs and applies to all law and conduct within South Africa.
â¢ The Securities Act of 1933 was passed by Congress following the Stock Market Crash of 1929 and during the ensuing Great Depression. The Securities Act of 1933 was legislated pursuant to the interstate commerce clause of the United States Constitution. The purpose of the Securities Act of 1933 is to aid the federal government in regulating business offerings. In essence, the Securities Act of 1933 was passed to re-instill consumer confidence and tighten regulations during the Great Depression.