Assignment

The social security act of 1935

The depression of the early 1930s made nationwide suffer. The federal government didn't give such programs as old-age pensions, public assistance, unemployment compensation, or health insurance — except for war.

In 1933 Towmsend proposed a plan which the Federal government would provide every person over 60 a $200 monthly pension.

In 1935 Townsend sent a petition to President FranklinD. Roosevelt for supporting the Old Age Revolving Pension Plan that had been signed by over 20 million people. In response to the petition, Congress passed the Social Security Act. It established Old Age and Survivors' Insurance that provided for forced savings for wage earners so that benefits may be paid to them on retirement at 65.
It did this by offering substantial financial help the states provide unemployment benefits, old-age pensions, help to the disabled, maternity care and public health work.