A major provision of the Social Security Act of 1935 was the establishment of
On August 15, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, aid for dependent mothers and children, the blind, and the physically handicapped. Show Before the 1930s, support for the elderly was a matter of local, state and family rather than a Federal concern (except for veterans’ pensions). However, the widespread suffering caused by the Great Depression brought support for numerous proposals for a national old-age insurance system. On January 17, 1935, President Franklin D. Roosevelt sent a message to Congress asking for “social security” legislation. The same day, Senator Robert Wagner of New York and Representative David Lewis of Maryland introduced bills reflecting the administration’s views. The resulting Senate and House bills encountered opposition from those who considered it a governmental invasion of the private sphere and from those who sought exemption from payroll taxes for employers who adopted government-approved pension plans. Eventually the bill passed both houses, and on August 15, 1935, President Roosevelt signed the Social Security Act into law. To link to a complete text of the Social Security Act of 1935 go to: http://www.socialsecurity.gov/history/35actinx.html In 1937 the Social Security Board approved a 32 page pamphlet entitled: “Why Social Security.” This pamphlet was designed to educate the American public about the rationale underlying the social security program. To read the pamphlet: http://www.ssa.gov/history/whybook.html August 14,1935, President Franklin D. Roosevelt signed into law the Social Security Act which provides insurance and welfare programs for elderly, unemployed and disadvantaged Americans. At one time, the program was designed to just be a key financial benefit for Americans who reached retirement age. Under the act, the U.S. Government began collecting Social Security Tax as a provision to pay monetary benefits to persons age 65 and older based on lifetime payroll tax contributions. Under the 1935 law, monthly benefits began in 1942. From 1937 to 1942, one-time lump sum payments were given to people who contributed to the program but wouldn’t participate long enough to be vested for monthly benefits.
Over the years there have been many Amendments and legislation related to the Social Security Act. A few are listed below. Read more about social security history , and chronological history of Social Security related legislation enacted on the Social Security Administration’s website.
Social Security Acts by Title (Statute Compilations)A Statute Compilation is a compilation of the public law, as amended; it is an unofficial document and should not be cited as legal evidence of the law.
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About Featured Content Articles - This series of articles aims to highlight content available in GovInfo related to various national observances, commemorations, anniversaries and more. See more featured content articles. Which of the following provisions was included in the Social Security Act of 1935?On August 14, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, and aid for dependent mothers and children, persons who are blind, and persons with disabilities.
What was the original purpose of the Social Security Act of 1935 quizlet?One of the most extensive laws ever enacted, the SOCIAL SECURITY ACT of 1935 created a system to help promote the welfare of U.S. citizens. It was part of Roosevelt's second New Deal.
What were the 3 main goals of the Social Security Act?Extend the protection of the system to the families of 20,000,000 people who are not now protected. Raise benefits generally--in the light of experience that shows the present benefits usually are too low. Reduce the age for women to qualify for old-age retirement benefits from 65 to 60 years.
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