| ON THIS DAY IN AMERICAN HISTORY | |
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On August 14, 1935, President Franklin D. Roosevelt signs the Social Security Act, which creates a government pension system for retired people. The act lays the groundwork for the modern welfare system in the United States, providing assistance for the elderly, unemployed and children. (Photo: In this file photo, worker Lillie Steinhorn, 74, stands inside the computer tape storage room at the headquarters of the Social Security Administration in Baltimore.) |
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