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Implications of COVID-19 on Social Security: Our Thinking in September 2020. Over the 75-year long-range projection period, effects are likely minor. The pandemic itself, and the pandemic-induced recession, may be largely recovered by 2023 with little permanent effect.
- Research, Statistics & Policy Analysis
Table 1. Number of people receiving Social Security,...
- Research, Statistics & Policy Analysis
69.8 million people received benefits from programs administered by the Social Security Administration (SSA) in 2020. 5.8 million people were newly awarded Social Security benefits in 2020. 55% of adult Social Security beneficiaries in 2020 were women.
Table 1. Number of people receiving Social Security, Supplemental Security Income, or both. Table 2. Social Security benefits. Table 3. Supplemental Security Income recipients. For detailed annual and time series program data, see our Annual Statistical Supplement.
28 Σεπ 2021 · Despite the economic upheaval caused by the COVID-19 pandemic, the long-term outlook for the Social Security trust funds has deteriorated only modestly, the latest annual report from the program’s trustees shows. Social Security can pay full benefits for 13 more years, but then faces a significant, though manageable, funding shortfall.
22 Μαρ 2022 · Two developments over the course of the COVID-19 pandemic have received much attention. First, nearly one million Americans have died of coronavirus-related illness, with deaths...
20 Ιουλ 2022 · COVID-19 has been particularly deadly for Social Security and Medicare beneficiaries, with those 65 and older accounting for three-quarters of the more than 1 million U.S. deaths attributed to...
20 Απρ 2022 · The share of aggregate U.S. household income held by upper-income families reached 50% in 2020, up from 46% in 2010. The share held by middle-income families decreased from 45% to 42% over the same period. The share held by lower-income families also decreased, from 9% to 8%.