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 11, 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.
The Academy’s Task Force on AI, Emerging Technology, and Disability Benefits issued its initial report on the principles to guide the SSA’s approach to AI in future policies and guidance, particularly in rights-impacting contexts.
This conversation centers insights from qualitative research with older adults and people with disabilities, bringing their perspectives to the forefront and exploring what it looks like to align our policy systems with the needs of the people they serve.
As the Academy marks 40 years during a time of profound change and debate about the future of our social contract, we convened our annual Policy Summit in Washington, D.C.
At a time when fear and retrenchment dominate the headlines, this panel explores what it looks like to meet this moment with vision, moral clarity, and the same boldness that gave rise to programs like Social Security, Medicaid, and Medicare.
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.