Proposals to limit the retirement benefits program were recently curtailed, however, and to the relief of many South Carolinians.
Over 700,000 South Carolinians – 16.1 percent of the state’s population – are over 62, while approximately 525,000 are ages 66 and older.
Seniors in the state have the lowest rate of poverty amongst all South Carolinians, and with Social Security income playing a major factor in that financial stability.
Without Social Security, 50.7 percent of South Carolina seniors would be reduced to poverty, according to studies by the Center on Budget and Policy Priorities.
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