Social Security (United States)

GPTKB entity

Statements (55)
Predicate Object
gptkbp:instanceOf social insurance
gptkbp:administeredBy gptkb:Social_Security_Administration
gptkbp:age 62
gptkbp:amendedBy gptkb:Amendments_of_1956
gptkb:Amendments_of_1983
Amendments of 1965
gptkbp:annualPayments over $1 trillion (2023)
gptkbp:annualReport gptkb:Social_Security_Board_of_Trustees
gptkbp:badgeNumber Social Security Number
gptkbp:benefit over 65 million (2023)
monthly payment
based on lifetime earnings
lump sum (historically)
gptkbp:benefitAdjustment cost-of-living adjustment
gptkbp:contributionsRequired work credits
gptkbp:controversy benefit adequacy
long-term solvency
retirement age increases
gptkbp:country gptkb:United_States
gptkbp:currency gptkb:US_Dollar
gptkbp:established 1935
gptkbp:establishedBy gptkb:Social_Security_Act
gptkbp:firstPaymentAmount $22.54
gptkbp:firstPaymentYear 1940
gptkbp:firstRecipient gptkb:Ida_May_Fuller
gptkbp:fullRetirementAge 66
67
gptkbp:fundedBy payroll taxes
gptkbp:governedBy gptkb:Social_Security_Act
gptkbp:headquarters gptkb:Woodlawn,_Maryland
https://www.w3.org/2000/01/rdf-schema#label Social Security (United States)
gptkbp:minimumWorkCredits 40
gptkbp:provides disability benefits
retirement benefits
supplemental income
survivors benefits
gptkbp:purpose provide financial security for retirees
provide support for disabled individuals
provide support for survivors of deceased workers
gptkbp:relatedLegislation gptkb:Social_Security_Amendments_of_1950
gptkb:Social_Security_Amendments_of_1972
gptkb:Social_Security_Amendments_of_1939
gptkb:Social_Security_Amendments_of_1983
gptkbp:relatedTo gptkb:Medicare
gptkb:Supplemental_Security_Income
gptkb:Old-Age,_Survivors,_and_Disability_Insurance
gptkbp:signedBy gptkb:Franklin_D._Roosevelt
gptkbp:taxCollectedBy gptkb:Internal_Revenue_Service
gptkbp:taxStatus gptkb:Federal_Insurance_Contributions_Act_tax
gptkb:Self-Employment_Contributions_Act_tax
gptkbp:trust gptkb:Disability_Insurance_Trust_Fund
gptkb:Old-Age_and_Survivors_Insurance_Trust_Fund
gptkbp:website https://www.ssa.gov/
gptkbp:bfsParent gptkb:Social_Security_Amendments_of_1983
gptkbp:bfsLayer 5