Q: I’ve heard that Social Security is cheating me and millions of other Americans out of Social Security benefits they are due because they round down to the nearest dollar when they are supposed to be rounding up. Is this…
A: Well, it’s true … and it’s false. It’s true when you say that benefits are rounded down, but it’s false when you say that they are supposed to be rounded up. Here’s the story.
People are also reading… But then we got to the 1980s, and the political mood in the country — and Congress — shifted to a more conservative tone. Congress was looking for ways to trim government expenditures, not expand them. And Social Security, being one of the largest government programs of all, came under the knife.
A: Well, there is a bit of an interesting story about that. The Social Security Board was established in 1936 along with a slew of other federal agencies that grew out of Franklin Delano Roosevelt’s New Deal program. And all those agencies were scrambling to find office space in Washington, D.C. I don’t know if the Social Security Board was a latecomer to this office search process or what, but they couldn’t find suitable digs in Washington.
But as the agency grew, they quickly learned that the old warehouse was just too small and cramped to hold everything you need to run a nationwide social insurance program. So, they eventually relocated to a far-western Baltimore suburb known as Woodlawn. And that’s where the SSA’s headquarters remain today.
With the space I have left, let me share a little anecdote about the SSA’s main headquarters building. Even though the building was designed to house all the administrative people needed to manage an institution that plays a role in the life of almost every American, some local people still thought of the place as just another local Social Security office — albeit a very big one.
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