Social Security Turns 80, What Now?

The Social Security Administration marked its 80th birthday on Aug. 14, 2015. However, the agency is besieged by its own problems. With the disability benefits fund scheduled to be depleted by 2016, people in power and legislation are thinking of ways to stop this event from happening.

Former Florida Governor Jeb Bush has suggested privatizing the Social Security Administration to solve the problems that the Social Security Disability Insurance program is currently facing. Senator Rand Paul (Republican of Kentucky) is more for raising the eligibility age and changing premiums, which would equate to a decrease in monthly benefit payouts for recipients.

It should be remembered that former President Ronald Reagan immortalized “our nation’s ironclad commitment to Social Security” when he signed a bill that sought to preserve the agency and its programs on April 20, 1983.

The process of applying for and receiving Social Security disability benefits can be problematic and tedious at times. If you are encountering such difficulties and you reside in Indianapolis, get in touch with our attorneys at The Hankey Law Office by calling our offices today at (317) 634-8565 or (800) 520-3633.