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Social Security and Immigration. History of Social Security Started in 1935 under FDR Payments to elderly and disabled based on past earnings Current.

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Presentation on theme: "Social Security and Immigration. History of Social Security Started in 1935 under FDR Payments to elderly and disabled based on past earnings Current."— Presentation transcript:

1 Social Security and Immigration

2 History of Social Security Started in 1935 under FDR Payments to elderly and disabled based on past earnings Current workers’ pay pays for current elderly and disabled’s payments ½ workers’ contributions, ½ employers’ contributions

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6 Do Immigrants Receive More in Benefits than They Pay into Benefit Schemes? Immigrants younger than US population as a whole Education vs. Social Security Immigrants hurt states’ budgets, but help the federal level

7 Immigrants and Social Security A third of unauthorized immigrants pay into Social Security through fraudulent SS# or legitimate SS# after losing permission to work While unauthorized immigrants worked and contributed as much as $13 billion in payroll taxes to SS program in 2010, only about $1 billion in benefit payments during 2010 are attributable to unauthorized work (after they regularized their status). Over time, these payments have accumulated to about $1 trillion, helping keep Social Security afloat.

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