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This Act provided old-age pensions for most privately employed workers. This act did not include farm workers and domestic servants due to wide opposition from southern Democrats. The act was not funded by general taxes but by mandatory contributions paid by workers and their employers.

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This Act provided old-age pensions for most privately employed workers. This act did not include farm workers and domestic servants due to wide opposition from southern Democrats. The act was not funded by general taxes but by mandatory contributions paid by workers and their employers.

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