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 ?
The Social Security Act of 1935 created the program that we're all familiar with, plus three new programs that entitled state governments to matching payments for state-run programs: OldAge Assistance, Aid to Dependent Children, and Aid to the Blind.
Under The Social Security Act of 1935, various emergency recovery programs were brought into a unified program in order to prevent a recurrence of the severe economic dependency of the depression.
In order to raise money to enable the working of the Social Security Act of 1935, a tax was levied.
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.
Starting with the Social Security Act of 1935, continuing with the burst of activity in the 1960s, and on from there, we have made great progress.
The structure of today's unemployment insurance programs was first defined by the Social Security Act of 1935.
The granddaddy of them all, the Social Security Act of 1935, won the support of a majority of Republicans in both the House and Senate.
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.
First, passage of the Social Security Act of 1935 resulted in changes to health care funding with Title VI providing funding to states, counties and health districts to establish and maintain public-health services, including the training of personnel for State and local health work (Social Security Administration, 1935).

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