Social Security ActSam Button Gavin CouttsJoe Beneducci

• New Deal Legislation• Passed by FDR in 1935

• Goals: Establishment of• Old Age Benefits• Victim Benefits• Unemployment insurance• Aid for the helpless

What is it?

What is it?• Implementation

• Establishment of bipartisan Social Security Board• Registration of employers and workers who were to

begin earning credits towards old age benefits• Money would be withheld from paychecks for the

purpose of Social Security• The saved money would then be paid to the

employee as a single sum at retirement

• Targets• The employed• The elderly, or soon to be• Those in need of help

Role of Government • Change

• Previously, America celebrated Individualism and Voluntarism

• Now, the government provided old age pensions, unemployment compensation, health insurance,  or public assistance

• Spending• The initiation of the program was to cost the

government a one time price• The system was designed to be self sustaining

afterwords

• Involvement in Everyday Lives• The government removes a small chunk of one's salary• It involves itself in life after one leaves the workforce

• pension payment

Effectiveness • The SSA acted as an aid to many who lived in

poverty• especially the old and unemployed• therefore, it was effective

• Social Security still exists today• has not yet been deemed unconstitutional• the ultimate goal remains to be future financial security

for the American people

Works Cited • Foner, Eric, and John A. Garraty. "Social Security." The

Reader's Companion to American History. Dec. 1 1991: n.p. SIRS Issues Researcher. Web. 27 Nov 2012.

• Superville, Darlene. "Looking Back: Great Depression and the Rise of Social Security." Patriot Ledger (Quincy, MA). Dec. 18-19 2004: 12. SIRS Issues Researcher. Web. 27 Nov 2012.

• "A Brief History of Social Security." A Brief History of Social Security. Aug. 2000: 1-30. SIRS Government Reporter. Web. 27 Nov 2012.

• "Roosevelt's (Franklin D.) Proposal for a Social Security Act (1935)." n.pag. SIRS Government Reporter. Web. 27 Nov 2012.

• "Social Security." History. N.p., n.d. Web. 27 Nov. 2012. <http://www.ssa.gov/history/briefhistory3.html>.