Who created a program that gives people money in their old age?

The Social Security Act was drafted during Roosevelt's second term by the President's Committee on Economic Security under Frances Perkins. Perkins was the United States Secretary of Labor from 1933-1945 and also the first woman to hold a cabinet post. The act was signed by President Franklin Roosevelt on August 14, 1935 as part of Roosevelt's New Deal legislation. This program covers retirement benefits, the disabled, and provides Survivor benefits. The original legislation also had included Unemployment Insurance. The Social Security Fund is paid for by employees and employers through the Social Security payroll tax or FICA (The Federal Insurance Contributions Act).