Posted on Friday, July 20th, 2012 at 1:46 pm
The Congressional Budget Office, or CBO, recently made a statement estimating that Social Security Disability Insurance benefits will increase nearly 71 percent in the next 10 years.
According to the CBO, the fund that supplies the disability benefits paid out $119 billion for nearly 8.3 million workers in 2011 alone. This amount is expected to jump to $204 billion over the next ten years because the number of disabled workers and their dependents receiving benefits is projected to increase to 12.3 million by the year 2022.
The budget committee also stated that the number of people applying for benefits has increased more quickly in the past few months than the amount of jobs that have been created. Officials stated that it is now more important than ever for officials to make sure that all disability claims are legitimate.
If you or a loved one has been permanently injured or is facing a long-term disability, you need experienced legal representation to help you secure the benefits that you need. Contact the the Philadelphia Social Security Disability Insurance lawyers of Lowenthal & Abrams, P.C., by calling 215-238-1130 today.