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The nearly 1.7 million New Jerseyans who receive Social Security benefits can expect a 2.5% cost-of-living adjustment increase in their benefits starting next year as inflation cools.
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This means that the average American 65 years and over will need at least $42,206.49 in addition to their Social Security to live in New Jersey. For a 20-year retirement that comes out to $844,130 ...
The first Social Security office opened in Austin, Texas, on October 14, 1936. [11] Social Security taxes were first collected in January 1937, along with the first one-time, lump-sum payments. [9] The first person to receive monthly retirement benefits was Ida May Fuller of Brattleboro, Vermont. Her first check, dated January 31, 1940, was in ...
The New Jersey Department of Human Services (DHS) is the largest state government agency in New Jersey, serving about 1.5 million New Jerseyans.DHS serves seniors, individuals and families with low incomes; people with developmental disabilities, or late-onset disabilities; people who are blind, visually impaired, deaf, hard of hearing, or deaf-blind; parents needing child care services, child ...
On December 1, 1936, as part of the publicity campaign for the new program, Joseph L. Fay of the Social Security Administration selected a record from the top of the first stack of 1,000 records and announced that the first Social Security number in history was assigned to John David Sweeney, Jr. of New Rochelle, New York. However, since the ...