While Social Security is best known as a retirement program, it also provides irreplaceable insurance value for young families. Children and families have an important stake in the future of Social Security. As policymakers consider ways to balance Social Security’s long-term finances – through benefit cuts or revenue increases – citizens who are concerned about preserving and advancing the wellbeing of children need to be part of the policy debate. This fact sheet features key findings of research by the National Academy of Social Insurance on the importance of Social Security for children.
The full brief, Children’s Stake in Social Security, on which this fact sheet is based is available here.