What is Social Security Administration?
Social Security Administration is an agency under the United States federal government that takes care of several things in the country such as social security, a Social Insurance program which further consists of retirement, disability and survivors' Benefits which are granted to selected Citizens of the country. To become eligible for the above services most of the American people pay Social Security taxes and the fate of those are decided upon their contributions towards taxes. The agency was established in the year 1935 as Social Security Board (SSB) and holds it main office in Balitmore, Maryland with 10 regional offices, 8 processing centers, nearly 1300 field offices and 37 Teleservice Centers as of March, 2013. It was created The social security is currently the largest active Social Welfare program in the country that counts for 37 percent of government expenditure and 7 percent of GDP. The first person benefited through the social security program was Ida May Fuller of Brattleboro, Vermont. In the year 1946 the board was named to as Social Security Administration and was terminated in the year 1953 and the works of the old agency was given to Department of Health, Education, and Welfare. In 1994, the agency was made an independent agency following signing of then president Bill Clinton of law 42 U.S.C. § 901. The agency covers almost every working individual in the United States below the Age of 65.