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Social Security Program Fact Sheet

Beneficiary data

Family benefit data

Trust fund data

Our semi-annual Fact Sheet on the Old-Age, Survivors, and Disability Insurance (OASDI) Program provides recent information on the number of beneficiaries and their average benefit amount, measures of protection provided by Social Security, and trust fund financial data. The latest Fact Sheet is shown below.

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FACT SHEET ON THE OLD-AGE, SURVIVORS, AND DISABILITY INSURANCE PROGRAM

A. Beneficiaries in Current-Payment Status, June 30, 2010

Type of benefit Number of
beneficiaries
[In thousands]		 Monthly
rate
[In millions]		 Average
monthly
amount
Total 53,398 $57,092 a
 Retired workers and their family members, total 37,048 41,615 a
  Retired workers 34,138 39,938 $1,170
  Spouses 2,331 1,345 577
  Children 580 333 574
 Survivors of deceased workers, total 6,391 6,334 a
  Children 1,930 1,449 751
  Widowed mothers and fathers with child beneficiaries in their care 157 132 839
  Aged widow(er)s, and aged parents 4,066 4,590 1,129
  Disabled widow(er)s 239 163 682
 Disabled workers and their family members, total 9,958 9,143 a
  Disabled workers 8,002 8,525 1,065
  Spouses 160 46 286
  Children 1,796 572 318
a Since the benefit amounts for workers and for the various types of family members and survivors are based on different proportions of the worker's benefit, average monthly amounts for groups of these different kinds of beneficiaries are not meaningful.

 

B. Selected Categories of Beneficiaries (Included Above) in
Current-Payment Status, June 30, 2010

Type of benefit Number of
beneficiaries
[In thousands]		 Monthly
rate
[In millions]
Disabled beneficiaries (OASDI)—Workers, disabled children aged 18 and over, and disabled widow(er)s 9,175 $9,321
Children (OASDI) 4,306 2,353
 Student children 177 115
 Disabled children aged 18 and over 935 633
 Children under age 18 3,195 1,605
Survivor children and widowed mothers and fathers 2,087 1,580
Beneficiaries aged 62 and over (OASDI) 42,202 47,762
Beneficiaries aged 65 and over (OASDI) 36,965 42,285

 

C. Average Monthly Family Benefits in
Current-Payment Status, June 30, 2010

Selected family a group Number of
families
[In thousands]		 Average
family
benefit		 Average
number of
beneficiaries
per family
Retired worker alone 31,431 $1,158 1.000
Retired worker and spouse, aged 62 and over 2,214 1,900 2.000
Disabled worker, spouse under full retirement age, and 1 or more children 72 1,803 3.972
Widowed parent and 2 children 49 2,392 3.000
Children of deceased workerb 1,171 986 1.327
Aged widow(er) alone 3,883 1,128 1.000
a A family means beneficiaries entitled on one worker's account.
b In most cases, the family includes a widowed parent whose benefits are withheld due to earnings.

 

D. Measures of Protection

  1. Coverage
    About 156 million people will work in OASDI-covered employment in 2010.

    About 93 percent of workers in paid employment and self-employment are covered under the OASDI program.

  2. Benefit receipt among the elderly
    As of June 30, 2010, about 91 percent of the population aged 65 and over were receiving benefits.

  3. Protection for survivors of young workers
    About 97 percent of persons aged 20-49 who worked in covered employment in 2009 have acquired survivorship protection for their children under age 18 (and surviving spouses caring for children under age 16).

  4. Disability protection
    About 91 percent of persons aged 21-64 who worked in covered employment in 2009 can count on monthly cash benefits if they suffer a severe and prolonged disability.

 

E. Operations of OASI and DI Trust Funds, Combined
[In billions]

Calendar
year
2009		 Fiscal
year
2009		 Cumulative 1937 through end of —
Calendar year 2009 Fiscal year 2009
Income $807.5 $807.0 $13,866.2 $13,656.4
 Contributions 667.3 668.2 12,237.7 12,091.6
 Other 140.2 138.8 1,628.6 1,564.9
Expenditures 685.8 669.7 11,325.9 11,152.8
 Benefit payments 675.5 659.6 11,097.6 10,926.1
  OASI 557.2 544.5 9,598.5 9,457.2
  DI 118.3 115.1 1,499.1 1,468.9
 Other 10.3 10.1 228.3 226.7
Assets, end of period 2,540.3 2,503.6 2,540.3 2,503.6
Note: Totals may not equal the sums of rounded components.

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Last reviewed or modified July 1, 2010