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Social Security Act of 1935
Facts for kids
- FDR's Second New Deal
The following fact
sheet contains interesting facts and information on the
purpose, effects and significance of the laws that were passed
as part of FDR's New Deal to combat the effects of the Great
Depression.
Facts
about the Social Security Act of 1935 for kids
Social Security Act of 1935 Fact 1:
The United States of America was the
only modern industrial country where people faced the
Great Depression without any national system of social
security.
Social Security Act of 1935 Fact
2: In the President's Message to Congress on June 8,
1934 recommended Federal legislation to promote economic security.
FDR stated: "Among our objectives I place the security of men, women
and children of the nation first."
Social Security Act of 1935 Fact
3: On June 29, 1934 FDR went on to
create the Committee on Economic Security (CES) to study
the problems relating to economic security and to make
recommendations for a program of legislation.
Social Security Act of 1935 Fact
4: On January 4, 1935 FDR's message to
Congress called for legislation to provide assistance
for the unemployed, the aged, destitute children and the
physically handicapped.
Social Security Act of 1935 Fact
5: Following the furor surrounding the "Court Packing Plan"
the Social Security Act was upheld by the Supreme Court
in April 1937. The bill became law on August 15, 1935
with provisions for an unemployment insurance system,
benefits for victims of industrial accidents, a national
pension fund, and a public assistance program for
dependent mothers and disabled people.
Social Security Act of 1935 Fact
6: On October 1, 1935 the Committee on Economic
Security (CES) terminated when the new law created the Social
Security Board (SSB) to oversee the administration of the new
program. The Chairman of the Board (SSB) was John G. Winant with
Arthur J. Altmeyer and Vincent M. Miles as the other Board members.
Social Security Act of 1935 Fact
7: Social Security is a program of
public provision in which the government provides money
to people who are unable to work because they are
unemployed, old or disabled
Social Security Act of 1935 Fact
8: Social security tax is used to pay for the
program. Under the 1935 Act, the federal government began collecting
the Social Security tax from workers in 1936 and began making
payments in 1940.
Facts
about the Social Security Act of 1935 for kids
- FDR's New Deal
Facts
about the Social Security Act of 1935 for kids
- FDR's New Deal
The following fact
sheet continues with facts about 1935 law in FDR's New Deal
Facts
about Social Security Act of 1935 for kids
Social Security Act of 1935 Fact
9: Critics of the 1935 law disliked the process by
which money was obtained by payroll taxes that were imposed on
workers and employers.
Social Security Act of 1935 Fact
10: A key part of Social Security was the
monthly retirement benefit which people could collect
when they stopped working at the age of 65 years old.
The first person to receive monthly retirement benefits
was Ida May Fuller of Brattleboro, Vermont. Her first
check, dated January 31, 1940, was for the amount
of $22.54
Social Security Act of 1935 Fact
11: Another important benefit was
unemployment insurance which supplied a temporary income
to unemployed people looking for work.
Social Security Act of 1935 Fact 12:
On January 1, 1936 the Federal unemployment tax,
initially set at 1% became applicable to employers of eight or more,
with a credit offset for contributions paid to State unemployment
funds. It was increased to 2% of payroll January 1, 1937.
Social Security Act of 1935 Fact 13:
The Federal Reorganization Act of 1939 became
effective on July 1, 1939. Under this law, the Board was made part
of the newly established Federal Security Agency (FSA)
Social Security Act of 1935 Fact 14:
The program initially left out domestic and farm
workers which affected many Americans including over 60% of African
Americans who worked in these jobs
Social Security Act of 1935 Fact 15:
Despite the failings, which were later addressed,
Social Security helped many people during the Great Depression.
Although in its infancy, Social Security established the principle
that the federal government should be responsible for needy people,
who through no fault of their own, were unable to work. The Social
Security Act of 1935 remains one of the most important pieces of
legislation in the history of America
Facts
about Social Security Act of 1935 for kids
Social Security Act of 1935 for kids - President Franklin Roosevelt Video
The article on the Social Security Act of 1935 provides detailed facts and a summary of one of the important events during his presidential term in office. The following
Franklin Roosevelt video will
give you additional important facts and dates about the political events experienced by the 32nd American President whose presidency spanned from March 4, 1933 to April 12, 1945.
Social Security Act of 1935 - FDR's
New Deal
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Interesting Facts about SSA of 1935 for kids and schools
●
Summary of the Social Security Act of 1935 in US history
● Important
1935 law and key
events of FDR's New Deal Program
●
Franklin Roosevelt
Presidency from March 4, 1933 to April 12, 1945
●
Fast, fun facts about the Social Security Act of 1935
●
Foreign & Domestic
policies of President Franklin Roosevelt
● Franklin Roosevelt Presidency and
Social Security Act of 1935 for schools,
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