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Baby Boomers' Aging Wave Affects Social Security Disability Program
Date:9/22/2008

Allsup explains trends with Social Security Disability Insurance as population ages; though disability can take people from the work force at any age

Belleville, Ill.(Vocus) September 22, 2008 -- As the first wave of baby boomers reaches retirement age, an echoing wave of the working population is experiencing long-term disabilities, according to http://www.allsup.com/?=PRW1 [Allsup], which represents people nationwide for http://www.allsup.com/About-SSDI/Free-SSDI-Evaluation.aspx?=PRW1 [Social Security Disability Insurance] benefits (SSDI).

"Age 50 is a significant age in the disability process. It's the average age of men and women who come to Allsup for help in applying for their SSDI benefits," said CEO Jim Allsup. "The Social Security Administration's http://www.allsup.com/About-SSDI/SSDI-Guidelines-by-Disability.aspx?=PRW1 [disability guidelines] also say that age 50 is a turning point in someone's working career. The ability to change gears, once you've reached that age and experienced a disability, can be more difficult."

The United States' aging population has been fodder for many articles on the impact to the work force. This includes a recent study1 by the U.S. Government Accountability Office, which estimates the Social Security Administration (SSA) can expect 1 million more disability and retirement filings in 2017 than they do today. Already, nearly 2.5 million people apply2 each year for disability benefits alone.

On the flip side, an aging population is reflected in the number of retirements from the SSA's own work force. The federal agency expects 44 percent of the work force to ret
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Source: PRWeb
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