Social Insurance

April 11, 1946

Report Outline
Postwar Expansion of Social Security System
Operation of Present Social Security System
Current Proposals to Strengthen Social Security
Special Focus

Postwar Expansion of Social Security System

The social security system is at present under reexamination by committees of Congress—on the basis of its first ten years of operation—to determine what improvements can be made and what new protections can be added for the postwar period. In successive annual reports the Social Security Board has recommended wide extensions of the unemployment insurance and old-age security programs set up in 1935, and the provision of new forms of social insurance.

More than 100 bills have been offered in the present Congress to increase present benefit rates, to extend the coverage of the system to additional classes of workers, to authorize insurance against additional classes of risks. Three factors combine to create an atmosphere generally favorable to liberalization of the system at the 1946 session of Congress. They are the increased cost of living, the large size of the insurance reserves, and the approach of the 1946 congressional elections.

Wartime Growth of Social Security Reserves

Due to substantially full employment at largely increased wage rates, payments into the social security accounts increased rapidly during the war years. There was a simultaneous decline in payments out of the accounts, due to the virtual disappearance of compensable unemployment and the continuation at work of persons who would otherwise have been eligible for retirement annuities.

ISSUE TRACKER for Related Reports
Social Security
Jun. 03, 2016  Social Security
Sep. 24, 2004  Social Security Reform
Oct. 02, 1998  Saving Social Security
May 12, 1995  Overhauling Social Security
Apr. 05, 1991  Social Security: The Search for Fairness
Dec. 17, 1982  Social Security Options
Jun. 29, 1979  Social Security Reassessment
Dec. 27, 1974  Retirement Security
Sep. 20, 1972  Social Security Financing
Dec. 14, 1966  Social Security Improvements
Mar. 28, 1956  Social Security for the Disabled
Mar. 26, 1953  Social Security Expansion
Aug. 17, 1951  Relief Rolls in Prosperity
Dec. 24, 1949  Pensions for All
Aug. 12, 1948  Security for the Aged
Apr. 11, 1946  Social Insurance
Mar. 02, 1944  Social Security
Dec. 02, 1939  Liberalization of the Social Security System
Oct. 01, 1938  Agitation for Pension and Scrip Schemes
Jul. 26, 1938  Revision of the Social Security Act
Oct. 02, 1936  The Social Security Controversy
Nov. 12, 1934  Federal Assistance to the Aged
Aug. 23, 1930  Public Old-Age Pensions
BROWSE RELATED TOPICS:
Retirement, Pensions, and Social Security
Social Security