Research Notes & Special Studies by the Historian's Office
Research Note #3:
|On January 31, 1940, the first monthly retirement
check was issued to Ida May Fuller of Ludlow, Vermont, in the amount
of $22.54. Miss Fuller, a Legal Secretary, retired in November 1939.
She started collecting benefits in January 1940 at age 65 and lived
to be 100 years old, dying in 1975.
Ida May Fuller worked for three years under the Social Security program. The accumulated taxes on her salary during those three years was a total of $24.75. Her initial monthly check was $22.54. During her lifetime she collected a total of $22,888.92 in Social Security benefits.
This chart details her covered wages and payroll tax contributions prior to filing her retirement benefit claim.