Published: August 14, 2016
Anniversary of the Social Security Act of 1935, creating a Social Security system in the United States
August 14,1935, President Franklin D. Roosevelt signed into law the Social Security Act, which provided for unemployment insurance, old-age insurance, and means-tested welfare programs.
42 U.S.C. Chapter 7 – Social Security“This social security measure gives at least some protection to thirty million of our citizens who will reap direct benefits through unemployment compensation, through old-age pensions and through increased services for the protection of children and the prevention of ill health.”
Read more about the historical background of the Social Security Act, and chronological history of Social Security related legislation enacted on the Social Security Administration’s website.