The Social Security Institute introduced a new feature last month: a benefits simulator that allows users to discover which social benefits they may be eligible for—there are more than 40 options available!
In its latest newsletter, the Social Security describes this tool as “an easy and simple way to understand your rights.”
“The Social Security has launched a Simulator that, through a series of questions, enables users to know which social benefits they might be entitled to, directing them in many cases directly to make requests online,” the organization notes in the same document.
This simulator, available on the institution’s website, “ensures greater transparency and equity in accessing information about social benefits, serving as an essential tool in promoting literacy about social rights and full access to entitlements.”
The Social Security further explains that the “simulator considers more than 40 benefits for its calculations, providing additional information on benefits for special cases.”
Access the Social Security benefits simulator via this link.
What You Need to Know
According to the Social Security Institute (ISS), to answer the simulator’s questions correctly, you will need to provide certain information, which you can review here when starting the form, taking an average of seven minutes.
The new Social Security simulator allows citizens to easily and swiftly discover which social benefits they might be entitled to.
“This simulator covers the majority of the Social Security benefits. The results depend exclusively on the data you input and are not binding,” the organization emphasizes.
Additionally, the “benefits shown in the simulation results pertain to the person conducting the simulation and their dependents,” and for other family members to know their potential benefits, like unemployment subsidies, they must perform a separate simulation.
Moreover, “if you reside, work, or have worked abroad, the results of this simulation may not accurately reflect your specific situation.”
The platform further states that “to answer the simulator questions as accurately as possible, you will need certain information.”
“The questions aim to determine which subsidies/benefits you may be eligible for, and all requested data are relevant for determining specific social benefits; hence, it is crucial to answer as accurately as possible,” the statement continues.
You can review your completed simulation by clicking the ‘View Simulation’ button.
Throughout the simulation, Social Security provides details about the process, explaining each step and also offering a summary of the simulation.
The number of unemployment benefit recipients increased by 2% in May compared to the same period last year but decreased by 4.3% from April, totaling 187,654, according to the latest statistical summary from Social Security released today.
