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Pensions for the retired or the notion of Social Security was not always the domain of the federal government. Individuals were expected to save a little of each paycheck for the day they would at last retire. Those who were aggressive enough to negotiate a pension plan with an employer were few indeed. The majority of working Americans, however, lived check to check, with little or nothing extra to be saved for the future. Many became a drag on the rest of the family upon retirement. The Social Security Act of 1935 aimed to improve this predicament.
- Subject:
- Social Science
- Social Studies
- Material Type:
- Diagram/Illustration
- Reading
- Provider:
- Independence Hall Association
- Provider Set:
- US History
- Date Added:
- 03/11/2020