Social Security Administration is a state-owned agency headquartered in the US. Founded in 1935 with approximately 60,000 employees, the agency is an independent agency of the U.S. federal government responsible for administering social security.
Recent reporting detailed President Trump's direct changes to Social Security, which included eliminating paper checks and reducing SSA staffing, although the biggest "change" in his second term did not alter the program itself, and another significant change affecting millions became law 15 days before his inauguration. The Old-Age and Survivors Insurance (OASI) trust fund faces potential exhaustion of its asset reserves within seven years, which could lead to sweeping benefit cuts for retired workers, with rising income inequality cited as a contributing factor to this deteriorating financial foundation. On February 27, millions of Supplemental Security Income (SSI) recipients will receive an "extra" check, noted as a welcome surprise. Earlier on February 21, experts clarified that individuals who have never worked outside the home can claim Social Security benefits if they meet specific requirements. This follows SSA Commissioner Frank Bisignano's establishment of a new Social Security Income (SSI) Improvements Team in September 2025. This team aims to enhance SSI processing efficiency, reduce improper payments, accelerate automation, and assist recipients with program compliance.
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