LYCOS RETRIEVER
Social Security Office: Programs
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The Social Security Act created a Social Security Board (SSB),[4] to oversee the administration of the new program. It was created as part of President Franklin D. Roosevelt's New Deal with the signing of Social Security Act of 1935, August 14, 1935.[5] The Board consisted of three presidentially appointed executives, and started with no budget, no staff, and no furniture. It obtained a temporary budget from the Federal Emergency Relief Administration headed by Harry Hopkins.[4]
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Social Security is not a loan institution and does not lend money except as part of its investment program. Any proposal for a loan as an investment must go to the Investment Committee for analysis and recommendation, and then to the Board of Directors for approval.
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Lawfully admitted noncitizens can get many benefits and services without having a Social Security number. You do not need a number to purchase savings bonds, conduct business with a bank, register for school or apply for educational tests, obtain private health insurance, apply for school lunch programs or apply for subsidized housing.
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The first SSNs were issued by the Social Security Administration in November 1936 as part of the New Deal Social Security program. By the end of 1937, over 37 million numbers had been issued.
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