At a historic White House bill-signing ceremony on August 15, 1994, Public Law 103-296- Social Security Independence and Program Improvements Act of 1994- was signed into law.
President Bill Clinton symbolically used one of the pens President Franklin Roosevelt had used when he signed the original Social Security Act 59 years ago, on August 14, 1935.

The new legislation officially separates the Social Security Administration (SSA) horn the Department of Health and Human Services (HBS), effective March 31, 1995, and restore the SSA to its original status as an independent Federal agency. (Since 1939, SSA has operated under the direction of a “parent” agency.)
A single administrator will lead the agency with a seven-member bipartisan advisory board. Also contained in the new law is a number of other major changes affecting Social Security and
Supplemental Security Income (SSI) programs.

For more go to ssa.gov