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History, structure and role of the Social Security Program

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This solution is over 200 words and includes references, discussing the history, role and benefits available through the Social Security program.

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This solution is over 200 words and includes references, discussing the history, role and benefits available through the Social Security program.

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History and Purpose - In the 1930s, President Franklin Delano Roosevelt introduced "New Deal" programs to assist the millions of Americans who lost their jobs during the Great Depression. A key piece of legislation was the Social Security Act of 1935 (SSA). The SSA introduced the Old Age, Survivors, and Disability Insurance (OASDI) benefits to be paid to qualified workers upon retirement, ...

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