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10 Things Your Employees Should Know About Social Security

Do you need help educating your employees on the importance of social security? Here is an interesting article form SHRM about the 10 things your employees should know about their social security by Irene Saccoccio.

Social Security is with you throughout life’s journey. Yet, most people don’t know about Social Security’s 80-plus-year legacy or all we have to offer. National Social Security Month is the perfect time to talk to your employees about some of the ways we help secure today and tomorrow.

1.     Social Security provides an inflation-protected benefit that lasts a lifetime. Social Security benefits are based on how long your employees have worked, how much they’ve earned, and when they start receiving benefits.

2.     Social Security touches the lives of nearly all Americans, often during times of personal hardship, transition, and uncertainty. It is important your employees understand the benefits we offer.

3.     We are more than just retirement. Social Security provides financial security to many children and adults before retirement, including the chronically ill, children of deceased parents, and wounded warriors.

4.     We put your employees in control by offering convenient services that fit their needs. For example, a personal my Social Security account is the fastest, most secure way for your employees to do business with us. They can verify their earnings, check their Social Security Statement, get a benefit verification letter, and more. They should open a my Social Security account today.

5.     Your employees can estimate their future retirement or disability benefits by using our Retirement Estimator. It gives estimates based on their actual earnings record, which can be invaluable as they plan for their future.

6.     Your employees can apply for benefits online by completing an application for retirementspousesMedicare, or disability benefits from the comfort of their home or preferred secure location.

7.     We offer veterans expedited disability claims processing. Benefits available through Social Security are different than those from the Department of Veterans Affairs and require a separate application.

8.     Medicare beneficiaries with low resources and income can qualify for Extra Help with their Medicare prescription drug plan costs. The Extra Help is estimated to be worth about $4,000 per year.

9.     Social Security is committed to making our information, programs, benefits, services, and facilities accessible to everyone. We will provide your employees, free of charge, with a reasonable accommodation to participate in, and enjoy the benefits of, Social Security programs and activities.

10.Social Security is committed to protecting your employees’ identity and information and safeguarding their personally identifiable information. Our online services feature a robust verification and authentication process, and they remain safe and secure.

Invite your employees to visit www.socialsecurity.gov today and learn how we help secure today and tomorrow.

See the original article Here.

Source:

Saccoccio I. (2017 April 19). 10 things your employees should know about social security [Web blog post]. Retrieved from address https://blog.shrm.org/blog/10-things-your-employees-should-know-about-social-security