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Information for "Social Security/Relationship of Past Earnings to Benefits Received"

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Display titleSocial Security/Relationship of Past Earnings to Benefits Received
Default sort keySocial Security/Relationship of Past Earnings to Benefits Received
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Page ID21013
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Page creatorLost Student (talk | contribs)
Date of page creation00:40, May 19, 2020
Latest editorLost Student (talk | contribs)
Date of latest edit00:40, May 19, 2020
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From the outset, Social Security (initially Old Age Insurance or OAI but soon Old Age and Survivors Insurance, OASI, and eventually Old Age, Survivors, and Disability Insurance, OASDI) has been constructed within a "social insurance" framework. The program is designed to insure individuals and their families against the loss of earned income associated with retirement, disability, and, in the case of surviving family members, the earner's death. Both eligibility for benefits and the monthly payments for those who are eligible depend on how much the insured working person involved earned in types of work covered by the Social Security system, over a period of years.
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