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The United States Social Security Administration (SSA) 2 is an unbiased agency of the U.S. federal government that administers Social Security , a social insurance program consisting of retirement , disability, and survivors’ benefits. In the eighty one years since the first Social Security payments went out, Moeller said, the program has layered on additional guidelines.” Funding has been considerably curbed,” and despite the fact that the boomers are creating an enormous surge in demand for companies, staffing levels have been reduce, with a number of the most experienced employees enticed to take early retirement.
An act to supply for the overall welfare by establishing a system of Federal previous-age advantages, and by enabling the several States to make extra sufficient provision for aged persons, blind individuals, dependent and crippled youngsters, maternal and youngster welfare, public health, and the administration of their unemployment compensation laws; to establish a Social Security …