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The Supplemental Security Income (SSI)

Decent Essays
For a start, as my policy analysis term paper, I subjectively selected the Supplemental Security Income (SSI) policy administered by the Social Security Administration Act, based on my personal experience with the policy and from curiosity as how the mechanisms of the policy truly operate. The Supplemental Security Income (SSI) or Title XVI, is a United States federal government income supplement program that is “funded by tax revenues not social security taxes – it is designed to help aged, blind, and disabled people, who have little or no income; and it provides cash to meet basic needs for food, clothing, and shelter” (Social Security Administration, 2016). Although overseen by the Social Security Administration (SSA), as aforementioned,…show more content…
In support, a detailed vignette will be completing the document where I will share/reflect on the SSI policy based on our family’s personal experiences, pros and cons, and how we have adjusted in the past twelve years being recipients of the SSI program. Having a daughter born with Chronic Kidney Disease (CKD), stage four, has changed our lives due to all the managed care necessary to improve her quality of life and most importantly, her overall wellbeing. From this experience/analysis, I will be reaching a personal conclusion based on my independent experiences with the SSI policy and the related sub-policies associated with low-income disabled…show more content…
To solidify this notion, “In 1972 Legislation the law was changed to provide, beginning in 1975, for automatic COLAs based on the annual increase in consumer prices” (Social Security Administration, 2016). Due to this enactment, beneficiaries do not have to wait for an act of Congress to receive an increase in benefits now that it is set on autopilot to adjust to the current economic perspectives/activity. For instance, the 2017 COLA adjustments for all SSI beneficiaries will be receiving a 0.3% increase starting January 2017. This increase will be raising the 2016’s SSI maximum payment standard of $733.00 for individuals to $735.00 per month. As for couples, the maximum payment standard of $1,100 will be increased to $1,103 per month. Of course, this is based on the maximum allowed payment per the SSA’s guidelines as it will vary from case to case based on income, both, earned and unearned and the number of eligible/ineligible children which will be exemplified in the following
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