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Apr 13, 2012

Rate Of Retirment And Disability Claims Drops In 2011

     From the Urban Institute:
After peaking in the wake of the Great Recession, Social Security retirement and disability awards fell in 2011 as the economy improved. Only 27 percent of Americans age 62 and older began collecting retirement benefits that year, the lowest take-up rate since 1976. Disability applications and awards remained unusually high, however. In 2011, 18.9 insured workers per 1,000 applied for Social Security disability benefits, more than in any year except 2010.
     Below are a couple of charts from the report

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3 comments:

  1. But how many of the early retirees were encouraged to apply for disability benefits and ultimately awarded such benefits?

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