WHAT IS

SOCIAL SECURITY,

Social Security Disability

Lawyer Oklahoma City

EXACTLY?

oklalegal.com

SOCIALSECURITY

SYSTEM

implemented in 1935by

Theodore Roosevelt

GREATDEPRESSION

To helpfamilies suffering

from the

Today, many peoplebelieve that this is aprogram in whichthey contribute a

PORTION OF THEIREARNINGS

that they canCOLLECT ONCE

THEY RETIRE.

This is also similar toIRA or SAVINGS ACCOUNT

But...Social Security system

DOESN'T WORKLIKE THAT AT ALL

ANY TIME SOON,IT IS POISED TO FAIL

For many years,the system has been the

center of controversy

BACK IN 1935

working peoplewould contribute to

the system thatwould help retired

people supportthemselves.

Then, when it wasyour

turn to retire,the current

generation ofworkers would

basically pay foryour checks.

This means that theworking class is paying

those Social Securitychecks in real time.

The system was supposedto keep rolling at this pace.

WHEN DID THEPROBLEM OCCUR?

People who retiredand collecting checks

IS MORE THANPeople who are working and paying into the fund

RESULTS:COLLAPSED

THEGOVERNMENT'S

SOLUTION* Buy secure savings bonds.

When they mature, the interest should beable to handle the influx in retirees that

are eligible for benefits.

* The thinking is that the government caneasily draw on the added surplus as

needed.

WILL THIS WORK?As of today no one is really sure if this

will work long term or not.

As long as the money in the fund cansupport the checks to those eligible, the

system will continue to work.

Speak withJOHNSON & BISCONE

now to help you settle claimsissues.

Are you struggling to receive SocialSecurity payments for disability?