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1937 More than twenty million Social Security Cards issued. Ernest Ackerman receives first lump-sum payout (17 cents) in January. [17] 1936 John Sweeney became the first American citizen to officially receive a social security number. He began paying his assessment in 1936. He died in 1978 at the age of 61 years.
The American social security system (1949) comprehensive old overview. Burns, Eveline M. Toward Social Security: An Explanation of the Social Security Act and a Survey of the Larger Issues (1936) online; Davies, Gareth, and Martha Derthick. "Race and social welfare policy: The Social Security Act of 1935." Political Science Quarterly 112.2 ...
1972 - Social Security Amendments of 1972 (Supplemental Security Income), Pub. L. 92–603 1973 - Social Security Benefits Increase, Pub. L. 93–233 1977 - Social Security Amendments of 1977, Pub. L. 95–216
You'll note that despite this, Social Security benefits don't allow anyone to live like royalty. That $78 per month in 1964 amounted to just $936 over the course of a year.
Exacerbating the problem of using the Social Security number as an identifier is the fact that the Social Security card contains no biometric identifiers of any sort, making it essentially impossible to tell whether a person using a certain SSN truly belongs to someone without relying on other documentation (which may itself have been falsely ...
Social Security retirement benefits have long been a financial lifeline for millions of retired Americans. As of November 2024, over 54.2 million Americans were receiving them, and many rely on ...
A separate analysis from the Center on Budget and Policy Priorities found that the poverty rate for adults aged 65 and above would be nearly four times higher if Social Security didn't exist -- 10 ...
Beginning in 2002, the military began a further effort to protect the use of social security numbers, even within the military itself. New regulations declared that on all but the most official of documents (such as a DD Form 214 or evaluation reports) social security numbers would only list the last four digits. Regulations also were enacted ...