Numbers of Workers Collecting Disability Benefits Hits Record High in December
The number of American workers collecting Social Security Disability benefits hit record highs in December, even as the Social Security Disability program ran a deficit of close to $40 billion in 2012.
According to statistics published by the Social Security Administration, the Social Security Program ran a $47.8 billion deficit in 2012. The program brought in about $725.42 billion in cash, and paid $773.24 billion in benefits and overhead expenses.
In December 2012, the number of American workers collecting Social Security disability benefits hit 8,827,795. That was an increase from 8,805,353 workers in November.