#UX51 – US 1964 Social Security Postal Card

Condition
Price
Qty
- Mint Stamp(s)
Ships in 1-2 business days.i$0.40
$0.40
2 More - Click Here

Postal Cards

Postal cards are postal stationery with an imprinted stamp or indicium signifying the prepayment of postage. Highly collectable, they would make a great complement to any stamp or cover collection.

Social Security Act Of 1935

On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law.

The Social Security Act was part of Roosevelt’s second New Deal. The initial purpose of the act was to provide income for the unemployed and retirees beginning on January 1, 1940.

During his public statement on the day he signed the act into law, Roosevelt stated he was concerned for “young people [who] have come to wonder what would be their lot when they came to old age” as well as those that were employed but had no job security. Roosevelt went on to say that “we can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life,” and that he hoped the act would keep senior citizens from being impoverished.

Ida May Fuller of Ludlow, Vermont, received the first monthly retirement check. The retired legal secretary received a check in the amount of $22.54 and continued to receive payments until her death at age 100. In 1939, survivors’ benefits and payments for spouses and children were added.

Medicare was added in 1965, as part of President Lyndon Johnson’s “Great Society” program, and annual cost of living adjustments began in 1972. In 2004, $492 billion in benefits were distributed to 47.5 million people. Controversial at its passage, the future of Social Security is still an issue of national debate.

Click here to read the full Social Security Act.

     

Read More - Click Here


  • 2020 Complete Commemorative Year Set (77 stamps), plus Heritage Supplement and black, split-back mounts 2020 Complete Commemorative Year Set Plus Supplement and Mounts

    Save the most time and money with this complete set!  You'll receive every commemorative stamp issued in 2020 (except for the non-se-tenant small panes) along with 2020 supplements and mounts – all in one convenient order.  It’s the best way to keep your collection up to date.

    $69.95- $93.95
    BUY NOW
  • 1950s First Day Covers, Collection of 100 100 First Day Covers Issued During the 1950s
    Some of the stamps I saw in my set of 100 covers honored the American flag, Alexander Hamilton, Religious Freedom, Overland Mail, NATO, and more.  Order your set today.
    $89.95
    BUY NOW
  • US Space Collection, 25 stamps, Mint US Space Collection, 25 stamps, Mint

    This is your chance to explore the wonders of space with 25 mint US stamps.  You'll see topics like the First Moon Landing, Robert H. Goddard, the Apollo-Soyuz Mission, and much more.  Lots of exciting history to add to your collection.  Order now!

    $15.95
    BUY NOW

Postal Cards

Postal cards are postal stationery with an imprinted stamp or indicium signifying the prepayment of postage. Highly collectable, they would make a great complement to any stamp or cover collection.

Social Security Act Of 1935

On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law.

The Social Security Act was part of Roosevelt’s second New Deal. The initial purpose of the act was to provide income for the unemployed and retirees beginning on January 1, 1940.

During his public statement on the day he signed the act into law, Roosevelt stated he was concerned for “young people [who] have come to wonder what would be their lot when they came to old age” as well as those that were employed but had no job security. Roosevelt went on to say that “we can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life,” and that he hoped the act would keep senior citizens from being impoverished.

Ida May Fuller of Ludlow, Vermont, received the first monthly retirement check. The retired legal secretary received a check in the amount of $22.54 and continued to receive payments until her death at age 100. In 1939, survivors’ benefits and payments for spouses and children were added.

Medicare was added in 1965, as part of President Lyndon Johnson’s “Great Society” program, and annual cost of living adjustments began in 1972. In 2004, $492 billion in benefits were distributed to 47.5 million people. Controversial at its passage, the future of Social Security is still an issue of national debate.

Click here to read the full Social Security Act.