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Unformatted text preview: beneficiaries.  In 2009, nearly 51 million Americans received $650 billion in Social Security benefits. The first monthly payment was issued on January 31, 1940 to Ida May Fuller of Ludlow , Vermont . In 1937, 1938 and 1939 she paid a total of $24.75 into the Social Security System. Her first check was for $22.54. After her second check, Fuller already had received more than she contributed over the three-year period. She lived to be 100 and collected a total of $22,888.92.  The problem with social security is that there the government is using the surplus from the social security...
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- Fall '10