The FDR program estabished in 1935 now pays out benefits to 50 million people at a cost of $ 614 billion a year. This payment is the only income for 40 % of elderly Americans. The program also pays benefits to "surviving family members of deceased workers and to disabled workers and their dependents". The first person to collect this check was Ida May Fuller in 1939; she lived to be 100 and collected $ 22,000 on a payment of $ 24.75.
(Source: "Social Security benefits many" by Joseph Ax. The Record on January 31, 2009).
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