What is the Social Security system?

Answer According to the AFL-CIO, the Social Security system is a source of "guaranteed income" for retired persons, the families of deceased workers and disabled persons. Approximately 47 million people r... Read More »

Top Q&A For: What is the Social Security system

What is the social security system in the Philippines?

The Filipino Social Security System is designed to provide a universal, equitable system for protecting residents of the Philippines against the costs related to sickness, disability, maternity and... Read More »

What year did the Social Security system start?

President Franklin Delano Roosevelt signed the Social Security Act of 1935 into law on August 14, 1935. The first taxes were collected, and the first benefits paid, in January of 1937. Payment of o... Read More »

What year did the military adopt a Social Security number system?

In 1969, the U.S. Department of Defense began using the Social Security number (SSN) system to identify armed forces personnel. Before that, military service numbers were issued for military person... Read More »

At what age does social security disability become regular social security?

The Social Security Administration provides disability benefits to individuals who are unable to work due to a medical condition and retirement benefits to those who are age 65 and older. Disabilit... Read More »