Social Security provides a lifetime income annuity(recurring payments) with onset approximately 65 years of age. Social Security adjusted for inflation pays a set monthly amount for life. Legislator's continue to recognize the importance of maintaining the financial contract that provides payments (monthly distribution) for a person's life time. Social Security is peace of mind.
The Presidential Administration has used budgetary regulations to insure mandates to preserve Social Security can be met. The administration has increased the budget for The Social Security Administration for 1.1 billion dollars above 2009 levels. Mandates to support Social Security will be carried out by the administration if the budget assigns public money to fuel the change. The added budgetary funds require The Social Security Administration to increase 2010 (more jobs) staffing to better provide needed services.
The Social Security Administration will enhance services like processing initial retirement, disability claims, and disability appeals. Staff will need to verify hundreds of millions of Social Security numbers as well as ongoing issuing of 18 million Social Security cards. Systems will need to be advanced to insure Social Security benefits (public money) are paid only to eligible beneficiaries and in the correct amounts.
Baby Boomers have come to realize Social Security is an annuity that will provide a bigger return if you live a long life and keep collecting for many years. Social Security generates an income for your houshold upon retirement. Legislator's have stated Social Security is probobly the most important and most successful program that the United States has ever established.
Home Care Path www.homecarepath.com is a senior care industry site with free access
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