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Quote by Dwight D. Eisenhower

“The system is not intended as a substitute for private savings, pension plans, and insurance protection. It is, rather, intended as the foundation upon which these other forms of protection can be soundly built. Thus, the individual's own work, his planning and his thrift will bring him a higher standard of living upon his retirement, or his family a higher standard of living in the event of his death, than would otherwise be the case. Hence the system both encourages thrift and self-reliance, and helps to prevent destitution in our national life.”

Quote by Dwight D. Eisenhower

Author

Dwight D. Eisenhower
Dwight D. Eisenhower

English biography, 120-180 words more

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“It is with great satisfaction that I have signed into law the Social Security Amendments of 1961. They represent an additional step toward eliminating many of the hardships resulting from old age, disability, or the death of the family wage-earner. A nation's strength lies in the well-being of its people. The Social Security program plays an important part in providing for families, children, and older persons in time of stress, but it cannot remain static. Changes in our population, in our working habits, and in our standard of living require constant revision.”