Social Security disability on verge of insolvency amid flood of claims

Social Security disability on verge of insolvency amid flood of claims

By Stephen Ohlemacher
Associated Press

Posted: 08/22/2011 11:36:42 AM PDT
Updated: 08/22/2011 11:44:44 AM PDT

‎”Laid-off workers and aging baby boomers are flooding Social Security’s disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency. Applications are up nearly 50 percent over a decade ago as people with disabilities lose their jobs and can’t find new ones in an economy that has shed nearly 7 million jobs….”

via Social Security disability on verge of insolvency amid flood of claims – San Jose Mercury News.

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