Krasno Krasno & OnwudinjoWhen You Need A Workers' Compensation Or Social Security Attorney
Serving Philadelphia Since 1936
No Fee Unless We Win
215-310-0001
En Español

Social Security disability fund may run out in next 2 years

People with mental or physical ailments that hamper them from remaining in the workforce may feel desperate for financial help. If they discover that the Social Security disability insurance program is running out of funds, they might quickly become panicked in Pennsylvania. They also may become angry if they have already worked for years and thus paid Social Security taxes toward disability. However, some reforms could prevent this crisis from occurring in the next couple of years.

The Social Security disability fund may potentially run out by 2016. Some European countries actually experienced this type of situation a year ago. The reforms they implemented at that time may help to save America's disability fund as well.

Nations in Europe essentially were able to slow down the growing number of people who were opting to get disability. Their main goal was to make sure that disabled individuals could still work, and they created incentives for them to do so. For instance, in the Netherlands, employers had to make sure that employees followed retraining and rehabilitation requirements before their disability benefits could continue.

With the number of Social Security disability recipients on the rise, the future of the nation's disability fund certainly is at risk. Still, those who have legitimate medical problems have the right to access these benefits. Being told by doctors in Pennsylvania that one cannot work and then having a disability insurance claim denied can feel like two slaps in the face. Knowing the law, however, can help a person to overcome this battle and receive the benefits to which he or she is entitled.

Source: Cornell Chronicle, Economists: How to slow the growth in disability claims, H. Roger Segelken, March 19, 2014

No Comments

Leave a comment
Comment Information
Email Us For A Response

YOU HAVE 120 DAYS TO REPORT A WORK INJURY - DO NOT DELAY! Fill out the form and an attorney will be in touch with you shortly.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Attorneys Recognized For Excellence

Our Philadelphia firm and attorneys have received numerous accolades in the area of workers' compensation law. Several of our attorneys have been recognized by their peers and listed in Super Lawyers since 2006. The Super Lawyers process recognizes the top lawyers in their fields in Pennsylvania.

Since 2010, our law firm has been rated as a tier-one law firm for workers' compensation law claimants in Pennsylvania by U.S. News & World Report — Best Law Firms Edition.

Since 2009, Jason Krasno has been selected to the Best Lawyers® "America's Best" series. The Best Lawyers® award is given only to a handful of attorneys throughout the United States each year. Jason was also selected as a top workers' compensation attorney. You can see the articles on Jason in Newsweek's Aug. 23, 2010, edition.

Krasno Krasno & OnwudinjoWhen You Need A Workers' Compensation Or Social Security Attorney
Serving Philadelphia Since 1936

1429 Walnut Street, 16th Floor
Philadelphia, PA 19102

Toll Free: 877-794-2396
Phone: 215-310-0001
Philadelphia Law Office Map

VIEW OUR 12 CONVENIENT LOCATIONS