Thursday, August 12, 2010

Off the Charts Blog | Center on Budget and Policy Priorities Countdown: Top Ten Facts About Social Security

Scanned image of author's US Social Security card.Image via Wikipediaby Kathy Ruffing

The Social Security program turns 75 this Saturday. Each day this week, we’ll highlight two key facts about the program and its accomplishments since President Franklin Roosevelt signed the Act on August 14, 1935.

Children have an important stake in Social Security. About 6 million children under age 18 (8 percent of all U.S. children) lived in families that received income from Social Security in 2008. That number included over 3 million children who received their own benefits as dependents of retired, disabled, or deceased workers, as well as others who lived with parents or relatives who received Social Security benefits. In all, Social Security lifted 1.1 million children out of poverty in 2008 (we’ll have a report on this later this week).

Off the Charts Blog | Center on Budget and Policy Priorities | Blog Archive | Countdown: Top Ten Facts About Social Security
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