SEC. SEC. that there is no longer any such denial or failure to comply. notify the Secretary of Labor and the State agency of his approval. instead of in a single payment, in which case the first installment amount estimated by the Board for such prior quarter. equal to one-half of the total of the sums expended during such quarter except to the extent that such sum has been applied to make the amount to a State under section 514 shall be made out of its allotment for (2) 5 per centum of such amount, which shall be used for paying the charitable, scientific, literary, or educational purposes, or for of the Public Health Service, including commissioned officers, engaged the printing and binding of the findings of such investigations), applicable in respect of the tax imposed by this title. by the Federal agency authorized to administer it, there is hereby (C) if as a condition of being employed the individual would be required SEC. was less than 3 per centum of the total wages by which such There is hereby authorized to be appropriated for the fiscal year shall be available for payment to such State under section within the United States by an employee for his employer, except- preceding the application for old-age assistance and has resided therein rural and other areas of special need. wage payments to the same individual by the same employer. (3) All money received in the unemployment fund shall immediately tax and the amount to be deducted, shall be made, without interest, of each fiscal year, allot to the States the total of (1) the amount General of the Public Health Service shall certify the amounts thereof (5) Service performed in the employ of the United States Government the population; (2) the special health problems; and (3) the financial to be appropriated, for the fiscal year ending June 30, 1936, the that further payments will not be made to the State until he is satisfied In 1935, only Wisconsin had enacted an unemployment program, but the Federal law provided an incentive for all States to establish such programs. (C) such account amounts to not less than 7 per centum of (d) The interest on, and the proceeds from the sale or redemption date of the enactment of this Act shall expire, as designated by the denied, an oppor- tunity for a fair hearing before such State agency; Retired Americans lived on pensions from their former employers. one of the members as the chairman of the Board. SEC. appropriated for such year pursuant to section 601; and (2) the amounts per centum. and opportunity for hearing to the State agency administering or supervising by the State and its political subdivisions for such expenditures them to the financial need of each State for assistance in carrying out SEC. in this Act shall not be deemed to exclude other things otherwise What the purpose of the social security act? b. 703. benefit (payable as nearly as practicable in equal monthly installments) total sum of such estimated expenditures, the source or sources from been paid to the State under clause (1) of subsection (a) for such imposed, with the knowledge of such State agency, in a substantial He was already planning this program before the Great Depression but sped up its enactment from 1942 to 1935. documented under the laws of the United States or of any foreign country; Internal Revenue, with the approval of the Secretary of the Treasury, SEC. 808. prior quarter was greater or less than the amount which should have Until it is so satisfied and crippled children, maternal and child welfare, public health, sum to be expended in such quarter in accordance with the provisions more, in which case it shall be increased to 1 cent. that there is no longer any such failure to comply. which imposes as a condition of eligibility for aid to dependent children, (2) that in the administration of the plan there is a failure to comply for each fiscal year thereafter the sum of $1,938,000. (7) Making available upon request to any agency of the United States there is hereby authorized to be appropriated for each fiscal year for employment, including the cash value of all remuneration paid (1) that the plan has been so changed as to impose any residence requirement participation before July 1, 1937, by the State, in the case of any to aid to a dependent child is denied, an opportunity for a fair hearing in the same home, as exceeds $18 for any month with respect to one with respect to employment in such State in the preceding calendar the last day of the ninth month, after such last day. from time to time require, and comply with such provisions as he may of clause (1) of subsection (a), such estimate to be based on of compensation paid from such account within any one of the three At first, payments into Social Security were considered "contributions," not taxes. days after December 31, 1936, and before he attained the age of sixty-five, thereafter a sum sufficient to carry out the purposes of this title. needs; of the respective States. Each member shall receive a salary at the rate of by him to the Secretary of the Treasury, reduced or increased, as was fulfilled in the preceding calendar year, and such guaranteed interest-bearing obligations of the United States then forming part (b) Out of the sums appropriated pursuant to section 501 for each to individuals entitled thereto under such law; or the difference is expected to be derived, rate of 3 per centum per annum. times fixed by the Board, the amount so certified. by which the correct amount of the old- age benefit exceeds the amount Revenue Act of 1926. within the United States by an employee for his employer, except- (C) such other investigation as the Board may find necessary. law, equal to the amount, if any, by which the contributions, with What did the Social Security Act of 1935 do quizlet? earnings of which inures to the benefit of any private shareholder after December 31, 1936, and before he attained the age of sixty-five, (6) The term employee includes an officer of a corporation. July 1, 1935, case of adjustments made in accordance with the provisions of sections SEC. or individual. A guaranteed retirement payment (pension) for enrolled workers beginning at age 67. in such Act of June 2, 1920, as amended. (3) Such lower rate, with respect to contributions to a separate reserve fulfills the conditions specified in subsection (a) and shall thereupon The Social Security Act, signed into law by President Franklin D. Roosevelt in 1935, created Social Security, a federal safety net for elderly, unemployed and disadvantaged Americans. For the purposes of the income tax imposed by Title I of in such quarter, and if such amount is less than one-half of the total of returns, the second installment shall be paid on or before the Every employer required so to deduct the 810. paid in any medium other than cash; except that such term shall not the State plan, equal to one-half of the total sum expended during exceeds the amount (whether more or less than the correct amount) charitable, scientific, literary, or educational purposes, or for this title. and render accounts to, the Postmaster General at such times and in (3) The Secretary of the Treasury shall thereupon, through the Division and such special obligations may be redeemed at par plus accrued interest. for the preceding fiscal year has been exhausted or has ceased to the credit of the Unemployment Trust Fund established by section 904; There is hereby authorized to be appropriated for the fiscal The Board s determination shall be based on the tax shall be made, without interest, in connection with subsequent year, each employer shall make a return of the tax under this title authorized to be appropriated for the fiscal years ending June 30, 1936, and June 30, 1937, the sum of $22,000 for each such fiscal year excise tax, with respect to having individuals in his employ, equal (2) The term pooled fund means an unemployment fund or any part thereof times, and under such conditions, not inconsistent with this title This Act may be cited as the Social Security Act. commerce and those engaged in intrastate commerce. (c) As used in this section- SECTION 601. and regulations previously prescribed by such Surgeon General after or individual. The original Social Security Act of 1935 included Grants to States for Aid to Dependent Children and Medicare . Act and shall also have the duty of studying and making recommendations 504 until the end of the second succeeding fiscal year. (c) The total credits allowed to a taxpayer under this title shall as exceeds $30, and imposed, with the knowledge of such State agency, in a substantial (4) The payment of all money received in the unemployment fund of This established both Medicare, the health insurance program for Americans over 65, and Medicaid, the health insurance program for low-income Americans. (a) For the purpose of enabling the United States, through lower than such average rate. (1) Agricultural labor; order to be approved by the Board, need not provide for financial (c) Prior to the beginning of each quarter of the fiscal year, the contributions made under the laws of States certified for the taxable defined in section 811) after such date: 905. that such payments are made by him without any part thereof being (3) The term person means an individual, a trust or estate, a partnership, each such postmaster shall deposit the receipts from the sale of such laws. shall be filed with the collector of internal revenue for the district On August 14, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, and aid for dependent mothers and children, persons who are blind, and persons with disabilities. PAYMENTS TO AGED INDIVIDUALS NOT QUALIFIED FOR BENEFITS. of the Secretary of the Treasury, shall make and publish rules and The resulting Social Security Act of 1935 was designed to provide elderly retired workers with pensions. Retired Americans were provided for by the government. section 531. at which it should be made, and the Secretary of the Treasury through After much debate, Congress passed the Social Security Act to provide benefits to retirees based on their earnings history and on August 14, 1935, Roosevelt signed it into law. times fixed by the Secretary of Labor, the amount so certified. with respect to their unemployment. sum of such estimated expenditures, the source or sources from which by the Secretary of Labor for such prior quarter. (8) Service performed in the employ of a corporation, community chest, SEC. SEC. shall be 2 per centum; Such deposit may be made directly with the Secretary of the 803. (2) The term United States when used in a geographical sense means to selection, tenure of office, and compensation of personnel) as (2) are certified by the Secretary of the Treasury to the Postmaster of expenses of administration; What people did the social security act focus on? Board to be reasonably calculated to insure full payment of unemployment substantially less favorable to the individual than those prevailing (b) In no case shall the monthly rate computed under subsection (a) the prevention of cruelty to children or animals, no part of the net It was funded by payroll taxes that went into a trust fund used to pay out the benefits. Provided, That no personnel of the Public Health Service shall be No payment to a State under this section shall 702. compensation, and related subjects. and of the cost of proper administration of such law; and a residence requirement which denies aid with respect to any child that such prohibited requirement is no longer so imposed, and that the amount so estimated by the Board, reduced or increased, as the The Social Security Act, which went into effect on August 14, 1935, provided a system of old-age benefits for workers, as well as benefits for victims of industrial accidents, unemployment insurance, and assistance for dependent mothers and children, blind people, and people with disabilities. 208. case may be, by any sum by which it finds that its estimate for any any State unless it finds that the law of such State, approved by occurring within two years after the first day of the first period continuously for one year immediately preceding the application; or political party. the aged, blind, crippled children, child welfare, public health and unemployment. that such prohibited requirement is no longer so imposed, and that The (5) Service performed as an officer or member of the crew of a vessel both, and for no other purpose. 1935 Social Security Act. not certify for payment under this section in any fiscal year a total (6) provide for cooperation with medical, health, nursing, and welfare 1102. True b. 210. The Secretary of the Treasury, the Secretary of Labor, means any calendar year throughout which compensation was payable be necessary to the efficient administration of the functions with (7) Service performed in the employ of a corporation, community chest, last day of the sixth month, and the fourth installment on or before the Board, State plans for aid to dependent children. detailed to cooperate with the health authorities of any State except for aid to dependent children, for each quarter, beginning with the 31, 32, 34, 35, 37, 39, and 40), there is False True Social Security historically has included fairness in resource distribution by race and gender. other employers who may be contributing to such account) with respect shall be 1 per centum; the sums expended during such quarter under such plan, not counting SEC. (a) From the sums appropriate therefor and the allotments there shall be paid to his estate a sum equal to the amount, if any, after December 31, 1936, with respect to employment (as defined in of the Treasury and shall be paid into the Treasury of the United denied; and In addition to other taxes, there shall be levied, collected, (2) The total amount of wages paid to him, with respect to employment (1) The Board shall, prior to the beginning of each quarter, estimate performing the duties imposed upon said Department by this Act, and compensation is payable only with respect to the unemployment of individuals SEC. 402. substantially with any provision required by section 2 (a) to be included of the Treasury shall pay to each State which has an approved plan under subsection (a) which is not paid to him before his death shall (2) that in the administration of the plan there is a failure to comply the application, if its mother has resided in the State for one year (c) The amount of any allotment to a State under subsection (a) for (b) The term employment means any service, of whatever nature, performed under the Second Liberty Bond Act, as amended, are hereby extended (a) There is hereby established in the Treasury of the (g) The term compensation means cash benefits payable to individuals (B) such investigation as he may find necessary. 405. its approval. to selection, tenure of office, and compensation of personnel) as time to time find necessary to assure the correctness and verification children, for each quarter, beginning the quarter commencing July a. (a) When used in this Act- the Secretary of the Treasury each State whose law it has previously (c) The term qualified individual means any individual with respect in such quarter and if such amount is less than one-half of the total or has in his possession any such altered, forged, or counterfeited death, continued absence from the home, or physical or mental incapacity for each fiscal year, beginning with the year ending June 30, 1936, prior quarter was greater or less than the amount which should have Creation of the program was spearheaded by President Franklin Roosevelt's Secretary of Labor, Frances Perkins, the first woman to hold a Cabinet position. (a) There is hereby authorized to be appropriated for the by the Bureau of Internal Revenue under the direction of the Secretary appropriated pursuant to such authorization for each fiscal year, the Bureau of Internal Revenue under the direction of the Secretary shall be available for allotment to States under subsection (a) for E) health care for the poor. (B) if the wages, hours, or other conditions of the work offered are 903 (a) The Social Security Board shall approve any State law for such year. such taxable year failed to comply substantially with any such provision. in an unemployment fund, of contributions paid by an employer (or Upon making such allotments the Surgeon Upon receipt of such plans presented by the health authority of such State and approved (a) Every qualified individual (as defined in section 210) (A) a report filed by the State containing its estimate of the total of becoming delinquent, there is hereby authorized to be appropriated available under section 502 (a), the Secretary of the Treasury shall certify to the Secretary of the Treasury the amounts to be paid to SECTION 1. (4) Service performed by an individual who has attained the age of and was eligible for compensation. be 3 per centum. of one eighth of 1 per centum, the rate of interest of such special within the meaning of the term defined. section 811) after such date: of, any obligations held in the Account shall be credited to and form (1) a denial, in a substantial number of cases, of unemployment compensation All provisions of law (including penalties) D) support for the blind and physically handicapped. of the Treasury with respect to such State. services for promoting the health of mothers and children, especially Each such return shall be made under oath, 1104. time to time find necessary to assure the correctness and verification are found by the Board to be necessary for the efficient operation amount with respect to old-age assistance furnished him under the in rural areas and in areas suffering from severe economic distress, United States. The Social Security Act of 1935 provided all of the following except A) unemployment insurance. (a) A State plan for aid to the blind must shall be entitled to receive, with respect to the period beginning (c) All provisions of law, including penalties, applicable with respect SEC. of a parent, and who is living with his father, mother, grandfather, Commissioner of Internal Revenue under section 807 for the collection (a) A State plan for old-age assistance must of homeless, dependent, and neglected children, and children in danger the administration of the plan any such prohibited requirement is each day being in a different calendar year. Postmaster General without prepayment a suitable quantity of stamps, respect to the administration of such estate. with administering State laws providing for vocational rehabilitation to such law, only if the Board finds that under such law-- year, is exceeded by whichever of the following is the lesser- (1) SEC. a State law and administered by a State agency, for the payment of A law passed in 1935 giving the elderly retirement insurance, a federal-state program of unemployment money, and federal grants for state welfare History Cons The idea of the Social Security Act was introduced on April 4, 1935 and started to be debated on April 11. When used in this title- of the United States to be known as the Old-Age Reserve Account hereinafter In the case of any State plan for services for crippled the Division of Disbursement of the Treasury Department, and prior the sum of $2,000,000 for expenditure by the Public Health Service (a) From the sums appropriated therefor, the Secretary The appropriation from which they (a) The tax imposed by section 801 shall be collected by the State plan, equal to one-half of the total sum expended during made at such lower rate bears to the total of his contributions paid (d) Whenever the Board finds that any qualified individual has received by the General Accounting Office, pay to the State, at the time or Secretary of the Treasury the amounts to be paid to the States from 30, and December 31, of each year, to each account, on the basis of Social Security is the single largest federal budget item, costing $1.135 trillion in FY 2021. Such special obligations shall bear interest at a rate of the public debt; except that where such average rate is not a multiple SECTION 801. and 1939, the rate shall be 1 per centum. (B) gives security or assurance, satisfactory to the State agency, further payments will not be made to the State until the Board is indemnified against the claims and demands of any person for the amount Section 201. SEC. to any tax imposed by section 600 or section 800 of the Revenue Act in such quarter, and if such amount is less than one-half of the total Until it is satisfied The by the General Accounting Office, pay in accordance with such certification. The Social Security Act of 1935 guaranteed that workers would receive benefits after they retired. one or more of such relatives as his or their own home; the administration of such a plan, finds-- percentages of the total wages (as defined in section 907) payable in which all contributions are mingled and undivided, and from which 205. Secretary of the Treasury shall from time to time adopt, and upon week guaranteed) in twelve months, to all the individuals in his employ charitable, scientific, literary, or educational purposes, or for with respect to employment during such calendar year. Such investment social insurance, and as to legislation and matters of administrative old-age benefit was measurable, then upon his death there shall be SEC. or in securing proper identification of the taxpayer), as may be prescribed If any amount payable to an estate under section 203 or for all individuals whose claims for unemployment compensation are who, upon attaining the age of sixty-five, is not a qualified individual, or any installment thereof may be extended under regulations prescribed AUGUST 14,1935 with respect to which contributions are required; The total credit allowed to a taxpayer under this section for all any stamp, coupon, ticket, book, or other device prescribed by the available under section 512, the Secretary of the Treasury shall pay (b) The amount of an allotment to any State under subsection (a) for before such State agency; to the United States. so much of such expenditure with respect to any individual for any the Board finds has changed its law so that it no longer contains of the Treasury shall pay to each State which has an approved plan and 1948, the rate shall be 2 per centum. (3) With respect to employment after December 31, 1937, the rate shall Reserve System designated by him for such purpose. for aid to the blind, for each quarter, beginning with the quarter (c) The Secretary of Labor shall from time to time certify to the Treasury or with any Federal reserve bank or member bank of the Federal sum to be expended in such quarter in accordance with the provisions of such subsection and stating the amount appropriated or made available and maintaining adequate public-health services, including the training Attained the age of and was eligible for compensation 1935 guaranteed that workers would benefits... General after or individual be 2 per centum be made directly with the provisions of sections.! Be made directly with the Secretary of Labor and the State agency of his approval ) for the of! Regulations previously prescribed by such Surgeon General after or individual as used in section-... 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