Social Security Disability Insurance

3 Stories

More Unemployed Turn to Social Security Disability

Jobless apparently using fund as a last resort

(Newser) - The ranks of Americans collecting Social Security Disability Insurance payments have swelled dramatically in recent years, and that may be because more people are turning to the program when they can’t find work, the Wall Street Journal reports. Some 10.6 million Americans are now on the program, compared...

Social Security Disability Fund: Out of Cash by 2017

Meanwhile, backlogged applicants wait years for benefits

(Newser) - As Washington focuses on how to fix the Social Security retirement program, it’s the disability program that’s truly in danger—and facing insolvency, soon. Flooded with applications from an aging population and laid-off workers with disabilities who can’t find new jobs, the disability fund is now estimated...

Disability Fund Is Running Out of Money—Fast

Without changes, could be insolvent within 4 to 7 years

(Newser) - In more we're-out-of-money news : If no changes are made, the Social Security Disability Insurance fund will run dry in four to seven years, according to government auditors. The Wall Street Journal takes a look at some of the reasons why, focusing at length on Puerto Rico, one of the easiest...

3 Stories