This presentation details the future of the solvency of SSDI due to increases in disability-related social security beneficiaries.
Barker, L. & Magill, K. (2017, October). New Directions in Solvency for Social Security Disability Programs: Where Will We Go from Here? Presentation at the Pacific Rim International Conference, Honolulu, HI.
The Social Security Act, originally designed for retired workers age 65 and older, was later amended to add Social Security Disability (SSDI) programs. SSDI is paid to workers with disabilities and their families. To qualify, you must prove you are unable to work. As of 2015, there were over 10 million SSDI beneficiaries, including almost 9 million workers with disabilities.
The number of SSDI beneficiaries has increased in recent years due to the escalating prevalence of chronic musculoskeletal pain and its associated work disability (the chief complaint for more than a third of SSDI recipients). Additionally, many preliminary injuries, onsets, or worsening of a serious medical problem or disability have caused workers to leave the workforce.
This presentation details the ways in which the solvency of SSDI is affected by this recent growth in beneficiaries, and introduces a hopeful approach to improving solvency, using Stay-at-Work and Return-to-Work (SAW/RTW) programs and strategies.