Democratic President Franklin Roosevelt signed the Social Security Act into law in the summer of 1935.

At the time, the U.S. was in the middle of the Great Depression, and there was bipartisan support in Congress for a measure to ensure older Americans could save money for retirement.

What You Need To Know

The Social Security Act was signed into law on Aug. 14, 1935, and had bipartisan support in Congress

As the retirement program celebrates its 90th anniversary, there have been questions about future payouts

A June report from the Social Security Board of Trustees projects future payments may have to be reduced due to a lack of funding

Social Security Administration Commissioner Frank Bisignano told Spectrum News conversations are already happening to make sure the program continues

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