Social Security Act of 1935

Social Security Act of 1935

The Social Security Act (42 U.S.C.A. § 301 et seq.), designed to assist in the maintenance of the financial well-being of eligible persons, was enacted in 1935 as part of President franklin d. roosevelt's New Deal.

In the United States, Social Security did not exist on the federal level until the passage of the Social Security Act of 1935. This statute provided for a federal program of old-age retirement benefits and a joint federal-state venture of Unemployment Compensation. In addition, it dispensed federal funds to aid the development at the state level of such programs as vocational rehabilitation, public health services, and child welfare services, along with assistance to the elderly and the handicapped. The act instituted a system of mandatory old-age insurance, issuing benefits in proportion to the previous earnings of persons over sixty-five and establishing a reserve fund financed through the imposition of payroll taxes on employers and employees. The original levy was 1 percent, but the rate has increased over the years. Only employees in industrial and commercial occupations were eligible for protection under the Social Security Act of 1935, but numerous important amendments have expanded the categories of coverage.

Cross-references

Medicare.

References in periodicals archive ?
In the 1980s and 1990s, many in the United States viewed askance that portion of the Social Security Act of 1935 which assisted needy families.
The Social Security Act of 1935, which did plenty to transform America, received support from 96 percent of House Democrats and 81 percent of House Republicans.
The new research, published earlier this year in the Journal of Pediatrics, examines a public program for children with chronic diseases called the Children with Special Health Care Needs program, which is funded through Title V of the Social Security Act of 1935, and provides federal support and serves as a safety net for children with chronic diseases.
The structure of today's unemployment insurance programs was first defined by the Social Security Act of 1935.
It includes a detailed introduction to the topic; a summary of key laws and regulations from the Social Security Act of 1935 through the early-21st century; a chronology of significant events in the history of welfare law and government policy; a glossary of terms, acronyms, and relevant historical phrases; guidelines for researching welfare and welfare reform; a thematically-organized annotated bibliography; and a list of private and public organizations concentrating on the field of welfare.
Since the passage of the Social Security Act of 1935, the nation's health and human service leaders have been the touchstones for all that is right about public service.
Nierotko, 327 US 358 (1946), the Supreme Court held that back pay awarded to wrongfully discharged employees under the National Labor Relations Act constituted wages for purposes of the Social Security Act of 1935.
The National Labor Relations Act of 1935 (NLRA), also known as the Wagner Act, gave federal protection to collective bargaining; The Public Utility Holding Company Act (PUHCA) limited the size and practices of utilities and their parent companies; the Social Security Act of 1935 (SSA) started not only a retirement fund and unemployment insurance but the principles of what some would later call the "welfare state.
Unemployment Insurance (UI) program, launched by the Social Security Act of 1935, gives monetary assistance to the unemployed.
The Social Security Act of 1935 prohibits payments from being withheld to pay off debts.
For African American males, the Social Security Act of 1935, and its subsequent amendments, would be a just law if it had been formulated in such a manner.

Full browser ?