Strengthening Social Security Disability Insurance
Rebalancing the OASI and Disability Insurance trust funds would ensure that Social Security is able to pay all promised retirement, disability, and survivor benefits for the next nearly two decades.
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Social Security Disability Insurance has been a core pillar of our nation’s Social Security system for nearly six decades, offering critical protection when Americans need it most. Today, it protects more than 9 out of 10 American workers and their families in the event of a life-changing disability or illness that prevents substantial work. While it may not be easy to think about, a young worker starting a career today has a one-in-three chance of either dying or needing to turn to Disability Insurance before reaching his or her full Social Security retirement age of 67. In other words, Social Security Disability Insurance provides basic but essential protection.
For more on this idea, please see:
- Social Security Disability Insurance: A Bedrock of Security for American Workers by Rebecca Vallas and Shawn Fremstad
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