donbosco
Honored Member
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- 964
#OnThisDay - August 14, 1935. “President Franklin D. Roosevelt signed the Social Security Bill into law on August 14, 1935, only 14 months after sending a special message to Congress on June 8, 1934, that promised a plan for social insurance as a safeguard "against the hazards and vicissitudes of life." The 32-page Act was the culmination of work begun by the Committee on Economic Security (CES), created by the President on June 29, 1934, and became, as he said at the signing ceremony, ‘a cornerstone in a structure which is being built but is by no means complete.’ (For developments in the old-age benefits portion of the Act since 1935, see Martha A. McSteen, ‘Fifty Years of Social Security.’)” Link here to more text from The Social Security Administration: Social Security History