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This Act provided for unemployment insurance, old-age insurance, and means-tested welfare programs. The Great Depression was clearly a catalyst for the Social Security Act of 1935, and some of its provisions?notably the means-tested programs?were intended to offer immediate relief to families.
The Social Security Act gave the board three major assignments. Public Assistance. This was a federal-state program designed to provide assistance on the basis of need for persons over 65 years of age, dependent children and the needy blind. ... Unemployment Compensation. ... Old-Age Insurance.
Social insurance coverage can be provided for a number of different types of insured conditions, from disability and death to old-age or unemployment.
We administer retirement, disability, survivor, and family benefits, and enroll individuals in Medicare.
Among its primary defects is that Social Security discriminates against single heads of household who work, pay taxes, raise children, and yet get lower benefits than some individuals who do none of these.