Supplemental Security Income, Adjustments for Inflation, Result in Marked Decrease in Poverty Among the Elderly

 

While Old Age Assistance, the Title I Social Security program administered by the states, provided some relief to older and disabled Americans, the monthly stipends did not go as far as originally hoped in diminishing poor living conditions among the elderly and disabled in the first 35 years of the program. The Social Security Amendments of 1972 placed Old Age Assistance, Assistance for the Blind, and Assistance for the Permanently Disabled under the newly created umbrella of Supplemental Security Income (SSI) (1) . (read more…)

(1) “How Supplemental Security Income Works.” (www.cas.muohio.edu/scripps/publications/SSI.html)

 

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