Social Security provides income only employees are older than 62, but it actually provides three types of benefits: retirement income at the age of 62 and thereafter, survivor’s or death benefits payable to the employee’s dependents regardless of age at time of death, and disability benefits payable to disabled employees and their dependents. These benefits are payable only if the employee is insured under the social security act.
Social Security provides three types of benefits: retirement income at age 62 and thereafter; survivor's or death benefits payable to the employee's dependents regardless of age at time of death; and disability benefits payable to disabled employees and their dependents. These benefits are payable only if the employee is insured under the Social Security Act.