Social Security Act, 1935. The Social Security Act

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Social Security Act, 1935. The Social Security
Act

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• Social Security Act, 1935.The Social Security Act
  was signed into law by President Roosevelt on
  August 14, 1935. In addition to several
  provisions for general welfare, the new Act
  created a social insurance program designed to
  pay retired workers age 65 or older a continuing
  income after retirement.
• Fair Labor Standards Act, FSLA, 1938.The Fair
  Labor Standards Act (FLSA) establishes certain
  minimum requirements for wages, hours of work,
  premium overtime, and payroll records. The FLSA
  identifies two types of employees non-exempt
  employees and exempt employees.

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