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How Much Did the First-Ever Social Security Check Pay Out?

May 14, 2019 in History

By Christopher Klein

Over her lifetime, the first Social Security recipient received nearly 1,000 times what she paid into the system…but the first check was modest.

Little did Ida May Fuller know she would find a piece of history inside her mailbox when she opened it on a February day in 1940. When the 65-year-old retiree and lifelong Republican lifted the lid of the mailbox outside the front door of her Ludlow, Vermont, house, she found a check for $22.54 from the U.S. government.

That check dated January 31, 1940, was the first payout from the Social Security program that had been enacted five years earlier by the federal government during the Great Depression.

A 1935 government poster introducing social security checks.

The Social Security program is one of the most enduring legacies of President Franklin D. Roosevelt’s New Deal. The measure provided for compensation to the unemployed and payments to retirees over the age of 65 who contributed payroll tax deductions during their working years. “The civilization of the past hundred years, with its startling industrial changes, has tended more and more to make life insecure. Young people have come to wonder what would be their lot when they came to old age,” Roosevelt said when he signed the Social Security Act into law on August 14, 1935.

A descendant of Mayflower passengers, Fuller was born in 1874 on a farm outside Ludlow. After working as a school teacher for a dozen years, she attended business school and then worked as a legal secretary at a Ludlow law firm for 24 years before her retirement in November 1939.

Shortly after retiring, Ludlow dropped in at a Social Security office in nearby Rutland, Vermont, while doing errands and completed an application. “It wasn’t that I expected anything, mind you,” she recalled, “but I knew I’d been paying for something called Social Security and I wanted to ask the people in Rutland about it.”

When the first Social Security check—numbered 00-000-01—arrived at her house a little more than two months later, Fuller didn’t even notice the unique check number. “When I got my first check, I didn’t even stop to look at the number on it,” she told a reporter. “I just cashed it. I wanted the money.” Not until five years later did she learn that she received the first benefits payment under the Social Security …read more

Source: HISTORY

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