On the other hand, there was a large group of people (the 1st recipients) who received Social Security but paid little or nothing into it (certainly not paying into it 'their whole life'). Also, increasing lifespans have really upended the 'math' this program was predicated upon. Tough spot.
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The government contributes at least 20% now. Maybe more at the beginning?
It's in the Social Security Trust Fund.
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only survivors of those who DID work the required number of credits. I'm short by a year, so I get nothing, but I am glad seniors are homeless, starving, and without medical care. For now.
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When you turn 65, you are eligible to get SS.
Before that, they look at how many points you have collected. You need 40 to get 100%
They base what you get on the number of points you have.
Luckily, when I had to go on SS for disability, I had 40 points. My career was cut short by 20 years!😒
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