Social Security Is Worth $225,000 for a Typic...(to millions ofworkers. Benefits are paid...),Health

Social Security is particularly important to retirees in communities of color.

Among all beneficiaries 65 and older, 42% of single persons and 22% of married couples relied on Social Security for almost all (90% or more) of their income in 2006.

Among African-Americans, the figures were 54% for single persons and 33% for married couples.

Among Latinos, the figures were 62% for single persons and 37% for married couples.

Among Asian Americans and Pacific Islanders, the figures were 55% for single persons and 27% for married couples.

Among Indians and Alaskan Natives, the figures were 61% for single persons and 25% for married couples.

The report is based on a July 11, 2007, meeting in New York at the Ford Foundation headquarters. The National Academy of Social Insurance (NASI) prepared the report. NASI is a non-partisan, non-profit organization dealing with Social Security, Medicare, and other social insurance programs. Its mission is to promote understanding and informed policymaking on social insurance through research, public education, training, and the open exchange of ideas.

Organizations working with grants from the Ford Foundation reported their research and outreach activities on Social Security at the meeting. The organizations include: the Center for Policy Research on Aging, UCLA; the Center for Retirement Research at Boston College; the Center on Budget and Policy Priorities; the Employee Benefit Research Institute; Global Justice Now; the Institute for Women's Policy Research; the Joint Center for Political and Economic Studies; the National Council of Negro Women; the National Council of La Raza; the Peterson Institute for International Economics; the Urban Institute; and NASI.

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