Navigation Links
Social Security Lifts 1.3 Million Children Out of Poverty
Date:2/26/2008

Retirement program brings life and disability insurance to young families

WASHINGTON, Feb. 26 /PRNewswire-USNewswire/ -- While Social Security is best known as a retirement program, it is also irreplaceable life and disability insurance for young families, according to a new report released today by the non-partisan National Academy of Social Insurance (NASI).

About 6.5 million children under 18 - or nearly 9 percent of all U.S. children - received part of their family income from Social Security in 2005. They include 3.1 million children who themselves receive benefits as dependents of a deceased, disabled, or retired parent, and an estimated 3.4 million other children who do not themselves receive Social Security, but live with relatives who do.

"As policymakers consider ways to balance Social Security's long-term finances through benefit cuts, tax increases, or both, many people forget that children and their advocates have an important stake in the policy debate," said Joni Lavery, co-author of the report and Research Associate at NASI.

Social Security often makes the difference in lifting children out of poverty. Fully 1.3 million children were lifted out of poverty by Social Security benefits. Moreover, Social Security reduced the depths of poverty felt by another 1.5 million children and their families.

Although Temporary Assistance to Needy Families (TANF) is probably the best-known income support program for poor children, it helps fewer children than does Social Security. In fact, since 1995, the number of children supported by Aid to Families with Dependent Children (AFDC) or TANF fell from 9.2 million to 3.8 million in fiscal year 2005. The 6.5 million children who get part of their family income from Social Security outnumber those receiving TANF.

For more information or a PDF of the full report, Children's Stake in Social Security, visit the NASI website at http://www.nasi.org. The research was made possible by funding from the Annie E. Casey Foundation.

The National Academy of Social Insurance is a nonprofit, nonpartisan organization made up of the nation's leading experts on social insurance. Its mission is to promote understanding and informed policymaking on social insurance and related programs through research, public education, training, and the open exchange of ideas.


'/>"/>
SOURCE National Academy of Social Insurance
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Dow Jones Sustainability Index Again Recognizes Abbott for Continued Leadership in Business, Environmental and Social Performance
2. Cognitive Activities Protect Against Alzheimers -- Social and Physical Activities Not Enough
3. MJGC Welcomes New Director of Social Work Alla Lerner
4. Civil Rights and Medical Leaders Call for Social Justice in Health Care
5. Multicountry review shows that Bug Buster Kits reduce head lice and social stigma
6. Hartford Foundation awards grant to address geriatric social work shortage
7. Study to consider social risk in guiding prevention of heart disease
8. IOM advisory: improving cancer patients psychosocial care
9. Cancer care providers need to proactively address patients psychological and social needs
10. Penn wins $5M to start center for ethical, legal and social implications research
11. Social Justice Issues Take Main Stage at Egypts National Democratic Party Convention
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... Coveros, a ... has been awarded a contract by the Center for Medicare and Medicaid Services ... accelerate the enterprise use of Agile methodologies in a consistent and high value ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... advisory services for healthcare compliance program management, will showcase a range of technology ... Association for Assisted Living (NCAL) Convention and Expo to be held October 14–18, ...
(Date:10/12/2017)... ... October 12, 2017 , ... The company has developed a ... and regulatory authorities worldwide. From Children’s to Adults 50+, every formula has been ... standard. , These products are also: Gluten Free, Non-GMO, Vegan, Soy Free, ...
(Date:10/12/2017)... ... October 12, 2017 , ... Asante, a nationally ... care, have expanded their existing home health joint venture through an agreement, effective ... operating a joint venture home health company with Asante, delivering clinically integrated care, ...
(Date:10/12/2017)... Malvern, PA (PRWEB) , ... October 12, 2017 , ... ... is the recipient of a 2017 Folio Magazine Eddie Digital Award for ‘Best ... New York City on October 11, 2017. , The annual award competition recognizes editorial ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... Hill-Rom Holdings, Inc. (NYSE: HRC), will host its fiscal ... Friday, November 3, 2017, beginning at 7:00 a.m. (CDT) ... a.m. (CDT) / 9:30 a.m. (EDT). In ... guidance for 2018, Hill-Rom executives will also highlight the ... long-range financial outlook through 2020. ...
(Date:9/27/2017)... and NEW YORK , Sept. 27, 2017 /PRNewswire/ ... health and big data solutions, today announced that its MyDario product is ... your local TV listings for when The Dr. Oz Show airs in ... The nine-time ... month. ...
(Date:9/23/2017)... Pa. , Sept. 22, 2017 Janssen ... a complete response letter from the U.S. Food and ... seeking approval of sirukumab for the treatment of moderately ... letter indicates additional clinical data are needed to further ... moderately to severely active RA. ...
Breaking Medicine Technology: