4h 32min, feb 25, 1935 y - Social Security Acts
Description:
The S.S. act was put into place, so that a retirement fund would be created for American workers over the age of 65. It would be created by workers and employers paying into the fund. The first payment was scheduled on January 1942.
Added to timeline:
Date:
4h 32min, feb 25, 1935 y
Now
~ 90 years ago