This August 5, 2015 MSN Money article talks about the impending crisis involving the money in the SSDI program drying up by the end of 2016. The article includes a few ideas being tossed around for correcting the problem or at least for buying time until a solution can be found. The article indicates that less than 1% of the social Security tax paid by employees goes into funding SSDI compared to over 5% going into retirement. One idea in the article is to increase the percentage of the Social Security tax by a couple of percentage points to increase the amount of money going into the disability fund.
Filed under: Disability, Elderly, employment, Issues, Men's Issues, Mental Health, Physical Health, Politics, Senior Citizens, Social Security, SSDI, Women's Issues | Tagged: diasable, diasabled, disabilities, disability, social security, Social Security Disability, Social Security Disability Insurance, SSDI | Comments Off on “Battle Lines Form in the Fight Over Social Security Payment Reductions”