Happy Birthday SSA: 2014 Report on Social Security Disability
On August 14, the Social Security Administration (SSA) turned 79. After almost eight full decades of supporting retirees and people with disabilities, the system is still in full swing—and still creating quite a stir.
When President Roosevelt signed Social Security into law, he said, “This law represents a cornerstone in a structure which is being built, but is by no means completed.”
In honor of the SSA’s birthday, the organizations Social Security Works and Strengthen Social Security Coalition released a series of reports analyzing the current state of affairs. The reports took a look at all fifty states and how Social Security recipients were faring under the present day system. Based on the findings, many people say that President Roosevelt’s comments about the need for continued development on the system are still as true today as they were 80 years ago.
What’s Happening With Social Security Disability
The reports that the two organizations pulled together revealed some shocking statistics from 2013. These statistics shed light on the current system:
- Almost 58 million Americans received Social Security benefits in 2013. This equates to almost 20 percent of the nation.
- The makeup of Social Security recipients includes retirees, widows, disabled, parents of a deceased child, young children, and spouses.
- The SSA paid out a total of $812 billion in 2013. This equates to around 6 percent of the total personal income for Americans.
- The average Social Security benefit is $14,006 per year.
The Social Security system has kept millions of families out of poverty. From veterans and disabled workers, to retirees and families, the Social Security program enables people to get the support necessary so that they can continue to live normal lives.
The organizations are now calling for an expansion of the Social Security system to continue supporting Americans who need it the most. With two-thirds of the country nearing retirement age, many worry how the program can continue to support retirees. This concern comes from both political parties.
What are your thoughts on the state of Social Security disability in 2014? Share with us in the comments below.
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