Social Security’s enrollment rate for the year ended June 30 was 59.3%, according to the U.S. Social Security Administration.
The last time the number was lower was during the Great Depression, in the 1930s.
Social security is the federal government’s main lifeline to seniors, disabled workers and others who can’t work due to injury, illness, disability or other reasons.
Social workers administer benefits and collect benefits and payments.
Social Security’s age enrollment is also lower than it was during its peak in the 1980s.
The Social Security website, which also includes a Social Security disability enrollment website, says that the average age for an eligible person is 57.1 years old.
That’s about 6 years older than it’s been in 50 years.
Social Security has been in the news recently for a number of issues.
President Donald Trump announced last week that Social Security will not be funded until 2027 and will be replaced by a “deficit-neutral” alternative program.
The U.K. has also proposed a new system of benefits, known as a “living wage,” that would reduce benefits and increase tax rates on the wealthy.