The Social Security program is turning 79 years old and is still providing a very vital piece of the American economy! The Social Security program was signed into law by President Roosevelt in 1935 with the stated purpose of providing “some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age.” In 1956, the Social Security program expanded to include Social Security Disability (SSD) benefits to help protect Americans with disabilities from entering extreme poverty and homelessness. To be eligible for Social Security Disability benefits, one must be totally disabled from performing any full time occupation for at least 12 months. To find out more information about what constitutes a disability or whether you may be eligible for SSD benefits, please visit my web site at www.grechlawfirm.com or contact my office at (888)-864-8658.
In 1972, the Social Security program was again expanded when President Nixon signed Social Security Amendments into law which created the Supplemental Security Income (SSI) program. SSI provides benefits to low income individuals who are also disabled. For more information on the SSI program, please feel free to contact my office or visit my website.
The Social Security program continues to provide income to many elderly and disabled individuals who would otherwise be without any source of income. In fact, Social Security benefits amounted to 5.0 percent of the total GDP in 2012 and is expected to account for 6.2 percent of the GDP by 2035. I can only imagine if these programs were eliminated or reduced and the economy took a 5.0 percent hit to the GDP! So, please contact your senators and congressman to let them know you want the Social Security program to be fully funded and protected!