First Social Security Check
Unverified
Date
January 31, 1940
Type
National
Author
hjwilson1975
Location
Ludlow,
Vermont,
United States
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Categories
Economic & Business
Social & Civil Rights
Event Details
On January 31, 1940, Ida May Fuller of Ludlow, Vermont, received the first-ever monthly Social Security retirement benefit check. The check was for $22.54.
System: Fuller had paid only $24.75 into the system before retiring. She lived to be 100, collecting over $22,000 in benefits, highlighting the longevity risks and structure of the social insurance program.