What is Social Security?

For over 90 years, Social Security has been the defining program of American social insurance. Known best as a quintessential piece of retirement planning for almost all Americans, the program’s reach extends far beyond retirement, providing key support for survivors of the deceased and people with disabilities. The people are what make this program possible, funding it through contributions from payroll taxes. Social Security is a program that has created economic security that has transcended political, geographic, and demographic divides for decades.

For millions of older adults, people with disabilities, and children, social security benefits mean putting food on the table, keeping the lights on, and receiving the necessary healthcare they need.

In Their Own Words

By the Numbers

“We cannot be satisfied merely with makeshift arrangements which will tide us over the present emergencies. We must devise plans that will not merely alleviate the ills of today, but will prevent, as far as it is humanly possible to do so, their recurrence in the future.” – Frances Perkins, Former US Secretary of Labor

Academy Resources

Americans are united in support of Social Security and prefer closing the program’s financing gap by increasing revenue rather than reducing benefits.
On June 26, the Academy hosted SSA Chief Actuary Karen Glenn and an expert panel to discuss Social Security’s financial outlook, options to address the program’s long-term financing gap, and Americans’ views on the path forward.
On May 20, the Academy brought together the report’s Co-Principal Investigators along with an expert panel to discuss the Task Force’s initial report on AI, emerging technology, and disability benefits at the SSA.
On Wednesday, October 22, 2025, the National Academy of Social Insurance hosted its annual Robert M. Ball Award gala at the Mayflower Hotel in Washington, D.C.
On August 13, the Academy hosted a virtual event featuring young leaders and advocates who discussed why Social Security matters to them.
Elisa Walker, a Senior Fellow with the Academy, has prepared an Issue Brief on Social Security policy options for strengthening the program’s finances and avoiding automatic benefit cuts.
The Academy has released an issue brief by Katie Savin, Ford Fellow in Disability Policy Research, on the case for updating the asset limits under the SSI program.