Tag Archive | "75"

As Social Security celebrates 75th we must keep it strong

By Deborah E. Banda Social Security is an American success story. When President Franklin D. Roosevelt signed the Social Security Act into law on Aug. 14, 1935, he said, “We can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life, but we have tried to […]

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Intergenerational lifeline, Social Security, celebrates 75

Marjorie Platt, 80 knows the benefits of Social Security. But so does Mark Walker, 57, who depends on the program’s disability benefits, or Susan Rummel, 63, who has resorted to early benefits to keep her financially afloat.

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Social Security Timeline

• 1935: Social Security is created. •1937: Social Security begins to collect payroll taxes and provides single, lump sum payments to retired workers who paid into the program, but who will not work long enough to be eligible for monthly benefits. • 1939: Social Security provides benefits to spouses, minor children and survivors of workers […]

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