Fast Facts & Figures About Social Security, 2019

 

Did You Know That…

67.9 million people received benefits from programs administered by the Social Security Administration (SSA) in 2018.

5.6 million people were newly awarded Social Security benefits in 2018.

55% of adult Social Security beneficiaries in 2018 were women.

54.7 was the average age of disabled-worker beneficiaries in 2018.

86% of Supplemental Security Income (SSI) recipients received payments because of disability or blindness in 2018.

Abbreviations

AIME
average indexed monthly earnings
DI
Disability Insurance
FICA
Federal Insurance Contributions Act
FRA
full retirement age
HI
Hospital Insurance
OASDI
Old-Age, Survivors, and Disability Insurance
OASI
Old-Age and Survivors Insurance
PIA
primary insurance amount
SECA
Self-Employment Contributions Act
SSA
Social Security Administration
SSI
Supplemental Security Income