The Social Security Act was signed into law by President Roosevelt on August 14, 1935. It was a landmark piece of legislation for its time. In addition to several provisions for general welfare, the new Social Security Act created a social insurance program designed to pay retired workers age 65 or older a continuing income after retirement.
To recognize this important event, the Social Security Administration produced a video about what happened that day. It’s short and worth a watch.
Council of Seniors is Here to Help Older Americans
All of us here at the Council of Seniors want to improve retirees’ financial futures and ensure they receive their full Social Security benefits. We are working with members of Congress to introduce the “Social Security Restitution Act.” It would provide an estimated $970 payment to every retired worker receiving Social Security benefits to help offset years of inadequate cost-of-living adjustments.
Please take a moment and sign our petition today to show your support.