Social Security is being phased-out at a faster rate than any other retirement program.
The number of people in the U.S. who qualify for disability benefits and are entitled to retirement benefits has been shrinking steadily over the past several decades, from roughly 10 percent in 1982 to just under 8 percent in 2015.
Social Security disability benefits are also declining, with the retirement system in 2020 expected to take in only $3,000 less than in 2015, according to the Social Security Administration.
But the number of seniors who have received disability benefits has risen to over 5 million, and there are still millions more in the program who are eligible to receive benefits.
Social security retirement benefits are set to be phased out at the end of 2022.
Some of the retirement benefits that are not scheduled to be replaced by a new plan include: Social Security Disability Insurance (SSDI) benefits for people who retire after age 65.
Social, dental and vision benefits for retirees who are 60 and over.
Social insurance benefits for retired people, including disability insurance.
Social and medical care benefits for those who have reached the end-of-life date.
For a detailed look at how the retirement age has changed, see the video above.
Social Workers who are paid a salary or earn an hourly wage will receive Social Security retirement benefits starting at age 65 and continuing for 10 years after retirement.
The Social Security trustees are currently looking at how to phase out some of these retirement benefits in a new proposal to be submitted to Congress.
For the full story on how Social Security benefits are being phased in, see Fox News: Social security benefits to be axed in 2022, Social Security workers: Is there a way around this?
