Annual Statistical Supplement, 2008

Highlights and Trends

Social Security (OASDI)

Employment and Earnings

Workers in OASDI covered employment, 2007 162.5 million
Average earnings, 2007 $39,173
Earnings required in 2008 for—
1 quarter of coverage $1,050
Maximum of 4 quarters of coverage $4,200
Earnings test exempt amounts for 2008
Under full retirement age for entire year $13,560
For months before reaching full retirement age in 2008 $36,120
Beginning with month of reaching full retirement age in 2008 Test eliminated

Program Data

Cost-of-living adjustment for December 2007 2.3 percent
Average monthly benefit, December 2007
Retired workers $1,079
Widows and widowers, nondisabled $1,040
Disabled workers $1,004
Number of beneficiaries, December 2007
Old-Age, Survivors, and Disability Insurance 49.9 million
Old-Age Insurance
Total 34.5 million
Retired workers 31.5 million
Survivors Insurance
Total 6.5 million
Widows and widowers, nondisabled 4.2 million
Disability Insurance
Total 8.9 million
Disabled workers 7.1 million
Benefit payments, 2007
Old-Age, Survivors, and Disability Insurance $585.0 billion
Old-Age and Survivors Insurance $485.9 billion
Disability Insurance $99.1 billion
Administrative expenses, 2007
Old-Age and Survivors Insurance
Amount $3.1 billion
As a percentage of total benefits paid 0.6 percent
Disability Insurance
Amount $2.5 billion
As a percentage of total benefits paid 2.5 percent

Program Trends

Supplemental Security Income

Annual Payment Adjustments

Monthly federal benefit rate, effective January 2008
Individual living in his or her own household $637
Couple with both members eligible $956
Cost-of-living adjustment 2.3 percent

Program Data

Federally administered payments
Benefits paid in 2007 $41.2 billion
Number of recipients, December 2007 7.4 million
Average benefit, December 2007 $468.37
Federal SSI payments
Benefits paid in 2007 $36.9 billion
Number of recipients, December 2007 7.1 million
Average benefit, December 2007 $437.06
Federally administered state supplementation
Benefits paid in 2007 $4.3 billion
Number of recipients, December 2007 2.3 million a
Average benefit, December 2007 $156.56
a. Includes 2.0 million persons receiving federal SSI and state supplementation and 0.3 million persons receiving state supplementation only.

Program Trends

Health Care


Total benefits paid in calendar year 2007
Hospital Insurance (Part A) $200.2 billion
Supplementary Medical Insurance (Part B) $225.1 billion
Number of enrollees in July 2007 (one or both of Parts A and B) 44.3 million
Aged 37.0 million
Disabled 7.3 million
Administrative costs, 2007
Hospital Insurance
Amount $2.9 billion
As a percentage of total benefits paid 1.5 percent
Supplementary Medical Insurance
Amount $3.4 billion
As a percentage of total benefits paid 1.5 percent


Medical service expenditures in fiscal year 2006 $268.5 billion
Number of unduplicated recipients, fiscal year 2006 57.7 million
Average 2006 vendor payment per unduplicated recipient
Persons aged 65 or older $13,283
Permanently and totally disabled persons $13,947
Dependent children under age 21 $1,668
Average 2006 vendor payment for medical services
Nursing facility services $26,519
Inpatient general hospital care $5,818
Prescribed drugs $1,034
Physicians services $455

Other Social Insurance Programs and Veterans' Benefits

Unemployment Insurance

Total payments, 2007 $32.2 billion
Weekly benefit amount (regular programs) $287.70
Duration of benefits 15.2 weeks
Weekly insured unemployment 2.6 million
Covered employment 133.6 million

Workers' Compensation

Benefit payments, 2006 $54.7 billion
Compensation payments $28.2 billion
Medical and hospitalization $26.5 billion
Benefits paid by—
Private insurance carriers $27.5 billion
State and federal funds $14.0 billion
Employers' self-insurance $13.1 billion
Covered workers per month 130.3 million
Costs as a percentage of covered payroll 1.58 percent

Temporary Disability Insurance

Average weekly benefit, 2005
State fund $365
Private plans $521
New York
Private plans $188
NOTE: Programs in effect in California, Hawaii, New Jersey, New York, Rhode Island, Puerto Rico, and the railroad industry.

Black Lung Benefits

Basic benefit to miner or widow $584.00
Maximum family benefit $1,168.00
Part B (claims filed before July 1, 1973)
Number of monthly benefits to miners, widows, and dependents, December 2007 36,231
Total benefits paid, calendar year 2007 $282.4 million
Part C (claims filed July 1, 1973, or later)
Total benefits paid, fiscal year 2007
Disability and survivors benefits $254.7 million
Medical benefits $38.8 million

Veterans' Benefits

Number of veterans with disability compensation or pension, 2007
Service-connected disability 3,167,000
Non-service-connected disability 323,000
Monthly payment in 2008 for—
Service-connected disability
10 percent disability $117
Total disability $2,527
Non-service-connected disability (maximum payment)
Without dependent $932
With one dependent and in need of aid and attendance $1,801

Poverty Data

Weighted average poverty thresholds, 2007
Individual, aged 65 or older $9,944
Couple, householder aged 65 or older $12,550
Family of four $21,203
Percentage of population with income below poverty level, 2006
All ages 12.3 percent
Children under the age of 18 living in families 16.9 percent
Persons aged 65 or older 9.4 percent