Annual Statistical Supplement, 2013

 

Highlights and Trends

Social Security (Old-Age, Survivors, and Disability Insurance)

Employment and Earnings

Workers in OASDI covered employment, 2012 160.9 million
Average earnings, 2012 $42,870
Earnings required in 2013 for—
1 quarter of coverage $1,160
Maximum of 4 quarters of coverage $4,640
Earnings test exempt amounts for 2013
Under full retirement age for entire year $15,120
For months before reaching full retirement age in 2013 $40,080
Beginning with month of reaching full retirement age in 2013 Test eliminated

Program Data

Cost-of-living adjustment for December 2012 1.7 percent
Average monthly benefit, December 2012
Retired workers $1,262
Widows and widowers, nondisabled $1,215
Disabled workers $1,130
Number of beneficiaries, December 2012
Old-Age, Survivors, and Disability Insurance 56.8 million
Old-Age Insurance
Total 39.6 million
Retired workers 36.7 million
Survivors Insurance
Total 6.3 million
Widows and widowers, nondisabled 3.9 million
Disability Insurance
Total 10.9 million
Disabled workers 8.8 million
Benefit payments, 2012
Old-Age, Survivors, and Disability Insurance $774.8 billion
Old-Age and Survivors Insurance $637.9 billion
Disability Insurance $136.9 billion
Administrative expenses, 2012
Old-Age and Survivors Insurance
Amount $3.4 billion
As a percentage of total benefits paid 0.5 percent
Disability Insurance
Amount $2.9 billion
As a percentage of total benefits paid 2.1 percent

Program Trends

Supplemental Security Income

Annual Payment Adjustments

Monthly federal benefit rate, effective January 2013
Individual living in his or her own household $710
Couple with both members eligible $1,066
Cost-of-living adjustment 1.7 percent

Program Data

Federally administered payments
Benefits paid in 2012 $52.1 billion
Number of recipients, December 2012 8.3 million
Average benefit, December 2012 $519.43
Federal SSI payments
Benefits paid in 2012 $48.8 billion
Number of recipients, December 2012 8.0 million
Average benefit, December 2012 $500.29
Federally administered state supplementation
Benefits paid in 2012 $3.3 billion
Number of recipients, December 2012 a 2.2 million
Average benefit, December 2012 $121.79
a. Includes 2.0 million persons receiving federal SSI and state supplementation and 0.2 million persons receiving state supplementation only.

Program Trends

Health Care

Medicare

Total benefits paid in calendar year 2012
Hospital Insurance (Part A) $262.9 billion
Supplementary Medical Insurance (Part B) $303.0 billion
Number of enrollees in July 2012 (one or both of Parts A and B) 50.8 million
Aged 42.2 million
Disabled 8.6 million
Administrative costs, 2012
Hospital Insurance
Amount $3.9 billion
As a percentage of total benefits paid 1.5 percent
Supplementary Medical Insurance
Amount $4.4 billion
As a percentage of total benefits paid 1.4 percent

Medicaid

Medical service expenditures in fiscal year 2010 $338.8 billion
Number of unduplicated recipients, fiscal year 2010 65.6 million
Average 2010 vendor payment per unduplicated recipient
Persons aged 65 or older $15,206
Permanently and totally disabled persons $15,817
Dependent children under age 21 $2,027
Average 2010 vendor payment for medical services
Nursing facility services $31,686
Inpatient general hospital care $7,230
Prescribed drugs $922
Physicians services $495

Other Social Insurance Programs and Veterans' Benefits

Unemployment Insurance

Total payments, 2011 $46.6 billion
Average—
Weekly benefit amount (regular programs) $295.79
Duration of benefits 17.5 weeks
Weekly insured unemployment 3.7 million
Covered employment 127.5 million

Workers' Compensation

Benefit payments, 2011 $60.2 billion
Compensation payments $30.3 billion
Medical and hospitalization $29.9 billion
Benefits paid by—
Private insurance carriers $32.2 billion
State and federal funds $13.6 billion
Employers' self-insurance $14.4 billion
Covered workers per month 125.8 million
Costs as a percentage of covered payroll 1.27 percent

Temporary Disability Insurance

Average weekly benefit, 2010
California
State fund $449
Private plans $893
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 monthly benefit to miner or widow $625
Maximum monthly family benefit $1,251
Part B (claims filed before July 1, 1973)
Number of monthly benefits to miners, widows, and dependents, December 2012 19,490
Total benefits paid, calendar year 2012 $160.8 million
Part C (claims filed July 1, 1973, or later)
Total benefits paid, fiscal year 2012
Disability and survivors benefits $179.5 million
Medical benefits $30.7 million

Veterans' Benefits

Number of veterans with disability compensation or pension, 2012
Service-connected disability 3,537,000
Nonservice-connected disability 315,000
Monthly payment in 2013 for—
Service-connected disability
10 percent disability $129
Total disability $2,816
Nonservice-connected disability (maximum payment)
Without dependent $1,039
With one dependent and in need of aid and attendance $2,054

Poverty Data

Weighted average poverty thresholds, 2012
Individual, aged 65 or older $11,011
Couple, householder aged 65 or older $13,892
Family of four $23,492
Percentage of population with income below poverty level, 2012
All ages 15.0 percent
Children under age 18 living in families 21.2 percent
Persons aged 65 or older 9.1 percent