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Paydays can differ depending on your age, birthday.

Publication: Daily Herald (Arlington Heights, IL)
Publication Date: 31-MAY-04
Format: Online
Delivery: Immediate Online Access
Full Article Title: Paydays can differ depending on your age, birthday.(Neighbor)

Article Excerpt
Byline: Jim Bushman District Manager, Elgin Social Security Office

Payday is always an important date on your personal calendar, whether you get paid every week, every other week or every month.

For more than six decades, the "payday" marked on the calendars of all Social Security beneficiaries was the third of the month.

Since May 1997, that "payday" has fallen on any of several different dates.

Here's a primer on how the Social Security "payday" system works.

Everyone who was receiving a Social Security benefit payment before the spring of 1997 still gets paid on the third of the month.

But since 1997, folks who...

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