The centerpiece of the Second New Deal, it created a system of unemployment insurance, old age pensions, and aid to the disabled, the elderly poor, and families with dependent children. Launched American version of the welfare state. Later emerged as a hybrid of national and local funding, control, and eligibility standards - old age pensions were administered nationally but paid for by taxes on employers and employees. Represents a dramatic departure from the traditional functions of government.
Social Security Act of 1935