Briefing Book |
Background Material |
Social Security, Past, Present, ... and Future? |
August 14, 1935 President Franklin Roosevelt signs the Social Security Act. |
August 10, 1939 Social Security Act is amended to provide benefits to spouses, minor children and survivors of workers who die prematurely. |
January 31, 1940 Ida Mae Fuller receives the first monthly retirement check ($22.54). |
August 28, 1950 President Harry Truman signs the first increase in Social Security benefits. |
August 1, 1956 Eligibility age for women workers lowered to 62. Social Security Act is amended to provide benefits to disabled workers 50-64 and disabled adult children. |
June 30, 1961 Social Security Act is amended to lower the eligibility age for male workers to 62. |
July 1, 1972 Social Security Act is amended to provide cost of living adjustments (COLAs). |
August 14, 1994 President Bill Clinton signs the Social Security Independence and Program Improvements Act, which establishes the Social Security Administration as an independent agency. |
March 29, 1996 Presdent Clinton signs the Contract with America Advancement Act, which tightens eligibility for disability benefits. |
1999 ? |
2004 ? |
2010 ? |
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