Social Security and the Decline of the Employer Pension System, voluntary associations and self reliance

When socialism and Big Government started to encroach, spread, and take over in the U.S.!

"The Social Security Act is considered the first federal social welfare program in American history, being signed into law by President Franklin Roosevelt in 1935. American government pensions have existed for government employees and veterans since the Civil War, and private pension systems even longer. There was not great support for a public pension system in the US, as voluntary association and self-sufficiency was the standard. An example of this is the fact that nearly 90 percent of people over sixty-five in New York were not reliant on any sort of organized private, or public assistance programs prior to 1935. ..."

Social Security and the Decline of the Employer Pension System | Mises Institute