The Daily Alaska empire., 1935-09-17
SOCIAL SECURITY Approved August IA, 1885

1
 Provides for the establishment of system O Federal old-age benefits and undertakes to enable the States to make more adequate provision fol aged persons, dependent and crippled children maternal and child welfare public health and tht administration of State unemployment compensa- ton laws.
 Creates a bipartisan Social Security Board oi three members, to administer the program inde pendently of the Department of Labor. They are te be appointed by the President by consent of the Senate each to receive salary of S10,000 a yeai and six-year terms except that of the first three members appointed, one would hold office for two years another four years and the third for six years.
 Authorizes appropriation of $49,750,000 for the current fiscal year, and so much as may be needed thereafter to enable each State to furnish financial assistance "as far practicable under the condi- tions in such State to aged needy persons, more than 65 years old. Federal grants are authorized on a fifty-fifty matching basis with the States except that the Federal Governments share in nc case would exceed SIS a month.
 Provides for a long-rang contributory od-age pension system to be financed by an income tax on employees and payroll tax employers, starting in each case at per cent in 1887 and rising each three years until 1949 when each contribution is to be 3 per cent Under the operation of the sys- tem each qualified worker who retres at the age oi 65 but not prior to January l. 1922, would receive monthly pension, until his death, ranging from
  wages earned by the beneficiary after December Sl 1886, and before he reaches retirable age. Provides for a Federal-State system of unem- Iployment compensation. by Federal grants in aid based on the imposition of uniform payroll tax employers
 Authorizes an appropriation of s24750,000 for the current fiscal year and such amounts as may -e needed in future years, to enable each State to furnish financial assistance "as far practicable under the conditions in such State" to needy de- pendent children.
 Authorizes an appropriation of S3800000 year beginning with the current fiscal year, to assist the States in promoting the health of mothers and children especially in rural areas and in areas suffering from severe economic distress" ] Authorizes an appropriation of $2,85o,000 a year beginning with the fiscal year 1886 to assist States in providing medical surgical and corrective serv- ices for crippled children, the Children's Bureau to operate with State public welfare agencies.
 Authorizes appropriation of Sl500000 to aid State agencies in caring for homeless and neglected children.
 i Authorizes an appropriation of s841 900 for the fiscal years 1886 and 1937 $1938OO0 a year there after to supplement and strengthen State voca- tional rehabilitation of the physically disabled and $8 900 900 annually for assistance to the States and their political subdivisions in maintaining adequate public health services as well as $3000000 for the fiscal year 1936 and, much as may be needed annually there after assist State plans for aiding the needy blind the Federal grants for the latter to be made fifty-fifty matching basis to States meeting set standards.