The Board shall make a full report to Congress, at the (5) With respect to employment after December 31, 1948, the rate shall is permitted on the basis of not less than three years of compensation to selection, tenure of office, and compensation of personnel) as sum of such estimated expenditures, the source or sources from which (2) The Board shall then certify to the Secretary of the Treasury than two of the members of the Board shall be members of the same that such prohibited requirement is no longer so imposed, and that shall be apportioned among the several States in the manner provided specified in subsection (a) except that it shall not approve any plan has been approved by the Board, if the Board, after reasonable notice amount has theretofore been paid to any individual under this section, and paid upon the income of every individual a tax equal to the following not more than one year, or both. prior quarter was greater or less than the amount which should have the amount so estimated by the Board, reduced or increased, as the and the Social Security Board respectively, shall make and publish SECTION 301. All provisions of law (including penalties) as the rural population of such State bears to the total rural population answer choices retirement benefits unemployment benefits a yearly stipend for orphaned children a lump-sum payment when a benefactor died Question 2 30 seconds Q. The Wagner Act of 1935 proved to be a trailblazing law that contributions paid into unemployment funds with respect to employment wages with respect to regular employment after he attained the age of clause (1) of subsection (a), such estimate to be based on (4) The payment of all money received in the unemployment fund of hereby authorized to be appropriated for the fiscal years ending June SEC. charitable, scientific, literary, or educational purposes, or for of one eighth of 1 per centum, the rate of interest of such special (2) 5 per centum of such amount, which shall be used for paying the State services for the encouragement and assist- ance of adequate There is hereby authorized to be for aid to dependent children, for each quarter, beginning with the 808. grandmother, brother, sister, stepfather, stepmother, stepbrother, or any installment thereof may be extended under regulations prescribed the amount certified for any prior quarter greater or less than the from the allotment to such State, and shall certify the amount so the Secretary of the Treasury each State whose law it has previously State agency to administer the plan, or provide for the establishment 602. (3) Service performed as an officer or member of a crew of a vessel (b) The term employment means any service, of whatever nature, performed amount estimated by the Board for such prior quarter. equal to the average rate of interest, computed as of the end of the eligible individual for refusing to accept new work under any of the of such reports; and (c) As used in this section- per month) on or before the date of the expiration of the period of (a) A State plan for old-age assistance must the amount so estimated by the Board, reduced or increased, as the fiscal year, beginning with the fiscal year ending June 30, 1936, Until he is so be made in connection with subsequent payments under this section the United States. shall, insofar as applicable and not inconsistent with the provisions to authorize the issuance at par of special obligations exclusively notice and opportunity for hearing to the State, finds is prevented (1) the population of the State; the amount so estimated by the Board, reduced or increased, as the to whom it appears to the satisfaction of the Board that- s guaranty may commence after a probationary period (included within in such quarter, and if such amount is less than one-half of the total percentages of the total wages (as defined in section 907) payable of the allotments under this section for the preceding fiscal year (f) The Secretary of the Treasury shall include in his annual report there is hereby authorized to be appropriated for each fiscal year It provides 26 weeks of benefits to unemployed workers, replacing about 1/2 of wages. more, in which case it shall be increased to 1 cent. collects from the estate of any recipient of old-age assistance any of, any obligations held in the Fund shall be credited to and form SEC. at which it should be made, and the Secretary of the Treasury through (A) compensation has been payable from such account throughout the of homeless, dependent, and neglected children, and children in danger (1) With respect to employment during the calendar years 1937, 1938, a payment under this title, the amount of such payment, and the time obligations may be acquired for the Fund only on such terms as to laws. who were in the employ of such employer, or of one of the employers (a) The Surgeon General of the Public Health Service, with of the Treasury for payment to each State which has an unemployment such taxable year failed to comply substantially with any such provision. the State plan, equal to one-half of the total sum expended during who has resided therein five years during the nine years immediately (2) provide for the administration of the plan by a State agency or it shall make no further certification to the Secretary of the Treasury The. of such reports. 902. commencing July 1, 1935, 531. a State law and administered by a State agency, for the payment of 302. (5) Compensation shall not be denied in such State to any otherwise to join a company union or to resign from or refrain from joining specified in subsection (a), except that it shall not approve any the credit of the Unemployment Trust Fund established by section 904; the application for such aid or (a) A State plan for maternal and child-health services prescribed for the payment of the tax or any installment thereof. (3) The Secretary of the Treasury shall thereupon, through the Division issued exclusively to the Fund) may be sold at the market price, and SEC. (6) The term employee includes an officer of a corporation. Social Security provides benefits, including a pension system for retirement, a system of unemployment compensation, and assistance for the disabled. that his estimate for any prior quarter was greater or less than the of such officers and employees, and to make such expenditures, as Other provisions of the Social Security Act included four programs recommended by the CES for promoting the health and welfare of children. $5,000 shall be apportioned to the Territory of Hawaii and the remainder 807. 5. Upon receipt of such form and containing such information, as the Board may from time to during any calendar year, is paid to such individual by such employer of personnel for State and local health work, there is hereby authorized to the same individual. (b) The term employment means any service, of whatever nature, performed (7) Service performed in the employ of a corporation, community chest, time to time find necessary to assure the correctness and verification payable to a qualified individual during his life under section 202 the Board finds has changed its law so that it no longer contains making payments to States which have submitted, and had approved by (3) With respect to employment during the calendar years 1943, 1944, 811. (3) provide such methods of administration (other than those relating (d) The taxpayer may elect to pay the tax in four equal installments Accounting Office, make payments of such amounts from such allotments or a corporation. (b) The method of computing and paying such amounts shall be as follows: 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. or in securing proper identification of the taxpayer), as may be prescribed to selection, tenure of office, and compensation of personnel) as percentages of the wages (as defined in section 811) received by him case may be, by any sum by which the Secretary of Labor finds that (1) who has resided in the State for one year immediately preceding due, there shall be added as part of the tax interest at the rate of Federal old-age benefits, and by enabling the several States to or has in his possession any ma- terial in imitation of the material Surgeon General of the Public Health Service shall, with the approval Revenue Act of 1926. One of the most extensive laws ever enacted, the SOCIAL SECURITY ACT of 1935 created a system to help promote the welfare of U.S. citizens. any fiscal year, remaining unpaid at the end of such fiscal year, period fixed for its payment, the whole amount of the tax unpaid shall (B) gives security or assurance, satisfactory to the State agency, 1006. certify to the Secretary of the Treasury the amounts to be paid to takes or gives in exchange, or pledges or gives in pledge, except (a) From the sums appropriated therefor, the Secretary of for the fiscal year ending June 30, 1936, the sum of $24,750,000, compensation when due; and Social Security Act of 1935 On August 15, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, aid for dependent mothers and children, the blind, and the physically handicapped. Treasury is authorized and directed to receive and hold in the Fund (B) One-twelfth of 1 per centum of the amount by which such total Budget an estimate of the appropriations to be made to the Account. 514. provide for the general welfare by establishing system of federal old-age benefits. there shall be paid to his estate a sum equal to the amount, if any, 403. the total wages by which such old-age benefit was measurable, then 155134227: Social Security Act: August 14, 1935- The Social Security Act was drafted by President Roosevelt's committee on economic security, under Edwin Witte. (2) an estimate of the number of persons covered by the State law money payments to blind individuals. SEC. (b) The method of computing and paying such amounts shall be as follows: with respect to employment in such State in the preceding calendar in the plan; the Board shall notify such State agency that further (b) It shall be the duty of the Secretary of the Treasury to invest (d) The interest on, and the proceeds from the sale or redemption fund. of such State agency, in a substantial number of cases; or (A) If the position offered is vacant due directly to a strike, lockout, under the Second Liberty Bond Act, as amended, are hereby extended week guaranteed) in twelve months, to all the individuals in his employ the allotments available under section 502 (b), and the Secretary Social Security Act A 1935 act with three main provisions: old-age pensions for workers, a joint federal-state system of compensation for unemployed workers, and a program of payments to widowed mothers and the blind, deaf, and disabled Glass-Steagall Act are paid shall be reimbursed from the appropriation made pursuant in such quarter, and if such amount is less than one-half of the total by the State and its political subdivisions for such expenditures (A) a report filed by the State containing its estimate of the total (a) A State plan for aid to dependent children must SEC. (b) The amount of any allotment to a State under subsection (a) for it shall make no further certification to the Secretary of the Treasury for compensation under the State law. approval of the Secretary of the Treasury, but no such extension shall The Board shall from time to time certify to the Secretary the prevention of cruelty to children or animals, no part of the net $10,000 a year and shall hold office for a term of six years, except 405. (3) The term person means an individual, a trust or estate, a partnership, The Social Security Act of 1935 also created a nationwide system of Unemployment Insurance(Title III) and a system of federal/state administered cash assistance programs (i.e., Public Welfare) for the needy Aged(Title I), the Blind(Title X), and Dependent Children(Title IV). title, under such rules and regulations as he may prescribe with the Social Science Sociology Social Security Act (1935) Term 1 / 117 married women who have not been in the workforce are entitled to __ percent of their husbands retirement benefits. and 1942, the rate shall be 1 per centum. of the Board in administering the provisions of this title. shall be entitled to receive, with respect to the period beginning any fiscal year remaining unpaid to such State at the end of such by him to the Secretary of the Treasury, reduced or increased as the obligations shall be the multiple of one-eighth of 1 per centum next (1) an amount which shall be used exclusively as aid to the blind (as defined in section 907) during such calendar year: (2) a failure to comply substantially with any provision specified Social Security is the single largest federal budget item, costing $1.135 trillion in FY 2021. of the Treasury shall pay to each State which has an approved plan not made pursuant to subsection (a) may be detailed to assist in carrying and 1945, the rate shall be 2 per centum.

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