What Is The Social Security Program?

• Social Security (SS) is a program started in The Great Depression to help protect workers who lived “too long”. It was intended to provide a supplemental income (not a full pension) to people who could not work due to age or disability.

• SS is called an Intergenerational transfer program. Most developed, industrialized nations have some form of similar intergenerational transfer program.

• For more information about the history and workings of Social Security see:

• • • Social Security Administration Web Site
    • Rational Revolution Web Site
    • Just Facts Web Site