In the U.S. 9% of seniors live in poverty compared to 13% of the population (and 18% of children). Social Security not only does a fantastic job of keeping seni

In the U.S. 9% of seniors live in poverty compared to 13% of the population (and 18% of children). Social Security not only does a fantastic job of keeping seniors out of poverty, but for many seniors who lived in poverty before the age of 65, the receipt of social security benefits lifts them out of poverty in their old age. Thus, social security is much more than a pension program, it's actually a significant transfer that causes seniors to have lower poverty rates than working-age Americans.