Today More than 45 million people collect some kind of Social Security benefits, according to the Social Security Administration. Public Agenda reports that more than half of America s retirees depend on social security for at least half their income. Sixty-three percent of social security collectors are retired workers. Thirteen percent collect benefits on the basis of disabilities, according to the administration. When the first Social Security check was issued in 1940, there were 42 workers for each retiree, according to the National Center for Policy Analysis.
Today there are just over three.
The largest generation in the history of the nation, the Baby Boomers, will soon retire and collect Social Security. As they prepare to retire, the government is scrambling to find a way to continue to guarantee social security benefits. Public Agenda Online's Social Security Overview Takes a closer look at the future of Social Security. The Heritage Foundation Has a library of expert publications on the future of Social Security. This group is working on creating a blueprint for privatizing the Social Security system.