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Posts tagged "SSA news"

Recent funds deficit raises concerns over SSD's financial future

St. Louis residents may have heard quite a bit in the news lately about the increases in the number of beneficiaries receiving Social Security Disability (SSD) benefits. While the reasons behind this increase in the benefit population remain a hotly contested issue, another problem potentially looms large for the federal assistance program: possible financial insolvency.

SSDI beneficiary population seen steady increase since 1990

While it often seems as though the only news that comes out about the Social Security Disability (SSD) beneficiary program is bad news, it should still be remembered that the Social Security Administration (SSA) helps millions of disabled Americans through the benefits this program provides. And despite the perception that many may have about the stringency of the SSA's requirements to qualify for such benefits, statistics show that the number of beneficiaries participating in this program has rose significantly in the last twenty years.