Social Security

E315297

Social Security is a U.S. federal program that provides retirement, disability, and survivors’ benefits funded primarily through payroll taxes.

All labels observed (12)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal program
social insurance program
abbreviation OASDI
administeredBy Commissioner of Social Security
Social Security Administration
alsoKnownAs Old-Age, Survivors, and Disability Insurance
linked to: Social Security
benefitFormulaBasedOn average indexed monthly earnings
benefitsIndexedTo Consumer Price Index
benefitStartAge 62 for early retirement benefits
country United States of America
coveredPopulation most U.S. workers
eligibilityCriterion age requirement
disability status
relationship to insured worker
work history with covered earnings
enactedBy United States Congress
enactmentDate 1935-08-14
financingMechanism pay-as-you-go
fullRetirementAgeRange 65 to 67 depending on birth year
fundedBy Federal Insurance Contributions Act tax
Self-Employment Contributions Act tax
payroll taxes
governingAgencyType independent agency of the U.S. federal government
hasComponentProgram Disability Insurance
Old-Age and Survivors Insurance
Supplemental Security Income
hasTrustFund Disability Insurance Trust Fund
Old-Age and Survivors Insurance Trust Fund
impact primary source of income for many retired Americans
legalBasis Social Security Act of 1935
monitoredBy Social Security Board of Trustees
oversightBy United States Congress
policyDebateTopic benefit formula changes
long-term solvency
payroll tax rate changes
retirement age increases
primaryPurpose income protection for disabled workers
income security for older Americans
income support for survivors of deceased workers
providesBenefitType dependent benefits
disability benefits
retirement benefits
spousal benefits
survivors benefits
relatedProgram Medicare
signedIntoLawBy Franklin D. Roosevelt
subjectTo annual cost-of-living adjustment
taxType regressive payroll tax with wage cap
usesConcept Social Security number

How these facts were elicited

Referenced by (40)

Full triples — surface form annotated when it differs from this entity's canonical label.

United States House Committee on Ways and Means overseesProgram Social Security program
linked to: Social Security
New Deal Democrat supportsConcept Social Security
Social Security Trust Funds establishedForProgram Old-Age and Survivors Insurance
linked to: Social Security
Social Security Trust Funds relatedProgram OASDI
linked to: Social Security
Title II of the Social Security Act governsProgram Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Title 20 of the Code of Federal Regulations governs Social Security programs
subject linked to: Title 20
linked to: Social Security
Title 20 of the Code of Federal Regulations subjectMatter Social Security
subject linked to: Title 20
National Average Wage Index covers OASDI program
linked to: Social Security
American labor movement advocatedRight Social Security
Social Security Amendments of 1961 partOf Social Security program of the United States
linked to: Social Security
Social Security Amendments of 1961 appliesToProgram Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Federal Employees’ Retirement System includesSocialInsurance Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Civil Service Retirement System benefitCoordinationWith Social Security (for CSRS Offset employees)
linked to: Social Security
The Meaning of Social Security depicts Social Security
The Meaning of Social Security depicts United States Social Security program
linked to: Social Security
Social Security Amendments of 1954 relatedProgram Old-Age and Survivors Insurance
linked to: Social Security
Social Security Amendments of 1994 appliesToProgram Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Social Security Amendments of 1956 appliesToProgram Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Omnibus Budget Reconciliation Act of 1983 appliesTo Social Security program
linked to: Social Security
Social Security alsoKnownAs Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Social Security Amendments of 1983 appliesTo Social Security program of the United States
linked to: Social Security
Social Security Amendments of 1983 affectsProgram Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Social Security Amendments of 1977 affectsProgram Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Peter G. Peterson Foundation focusesOn Social Security
Subcommittee on Social Security jurisdiction Social Security program
linked to: Social Security
Subcommittee on Social Security jurisdiction Old-Age, Survivors, and Disability Insurance
linked to: Social Security
Subcommittee on Social Security jurisdiction Social Security disability programs
linked to: Social Security
Subcommittee on Social Security topic Social Security
White House Burning mainSubject Social Security in the United States
linked to: Social Security