Highlights and Trends
Social Security (Old-Age, Survivors, and Disability Insurance)
Employment and Earnings
|Workers in OASDI covered employment, 2013||163.2 million|
|Average earnings, 2013||$43,786|
|Earnings required in 2014 for—|
|1 quarter of coverage||$1,200|
|Maximum of 4 quarters of coverage||$4,800|
|Earnings test exempt amounts for 2014|
|Under full retirement age for entire year||$15,480|
|For months before reaching full retirement age in 2014||$41,400|
|Beginning with month of reaching full retirement age in 2014||Test eliminated|
|Cost-of-living adjustment for December 2013||1.5 percent|
|Average monthly benefit, December 2013|
|Widows and widowers, nondisabled||$1,244|
|Number of beneficiaries, December 2013|
|Old-Age, Survivors, and Disability Insurance||58.0 million|
|Retired workers||37.9 million|
|Widows and widowers, nondisabled||3.9 million|
|Disabled workers||8.9 million|
|Benefit payments, 2013|
|Old-Age, Survivors, and Disability Insurance||$812.3 billion|
|Old-Age and Survivors Insurance||$672.1 billion|
|Disability Insurance||$140.1 billion|
|Administrative expenses, 2013|
|Old-Age and Survivors Insurance|
|As a percentage of total benefits paid||0.5 percent|
|As a percentage of total benefits paid||2.0 percent|
- About 58.0 million persons received Social Security benefits for December 2013, an increase of 1,220,425 (2.2 percent) since December 2012. Seventy percent were retired workers and their spouses and children, 11 percent were survivors of deceased workers, and 19 percent were disabled workers and their spouses and children.
- Seventy-three percent of the 37.9 million retired workers received reduced benefits because of entitlement prior to full retirement age. Relatively more women (75.4 percent) than men (70.3 percent) received reduced benefits.
- The number of beneficiaries aged 65 or older rose from about 35.7 million in 2008 to almost 40.8 million in 2013 (14.1 percent). The number of beneficiaries aged 85 or older increased at a lesser rate during the 5-year period (11.7 percent), from about 4.9 million in 2008 to more than 5.5 million in 2013. In 2013, about 57,000 centenarians were receiving Social Security.
- About 22.8 million women aged 65 or older received benefits for December 2013. About 10.9 million (47.8 percent) were entitled solely to a retired-worker benefit. About 6.4 million (28.2 percent) were dually entitled to a retired-worker benefit and a wife's or widow's benefit, and about 5.5 million (23.9 percent) were receiving wife's or widow's benefits only.
- More than 3.2 million children under age 18 received benefits, including 1,200,282 children of deceased workers, 1,710,618 children of disabled workers, and 325,846 children of retired workers.
- About 10.2 million persons received benefits based on disability—8,940,950 disabled workers, 1,030,166 disabled adult children, and 257,248 disabled widows and widowers. In addition, 156,672 spouses and 1,771,155 minor and student children of disabled workers received benefits.
- Average monthly benefits for December 2013, including the 1.5 percent cost-of-living adjustment, were $1,294 for retired workers, $1,146 for disabled workers, and $1,244 for nondisabled widows and widowers. Among retired workers, monthly benefits averaged $1,451 for men and $1,134 for women. For disabled workers, average monthly benefits were $1,271 for men and $1,011 for women.
- Average monthly family benefits for December 2013 were $2,298 for a widowed mother or father and children; $1,973 for a disabled worker, wife, and children; and $2,672 for a retired worker, wife, and children.
- Total OASDI benefit payments for calendar year 2013 were $812.3 billion. Payments from the OASI trust fund were $672.1 billion—an increase of 5.4 percent from the $637.9 billion paid in 2012.
- Benefit payments from the DI trust fund, from which benefits are paid to disabled workers, their spouses, and children, increased by 2.4 percent from $136.9 billion in 2012 to $140.1 billion in 2013.
- OASDI benefit awards in calendar year 2013 totaled 5,533,395, including 2,794,285 to retired workers, 510,867 to their spouses and children, and 861,668 to survivors of insured workers. Benefits were awarded to 868,965 disabled workers and to 497,610 of their spouses and children.
Supplemental Security Income
Annual Payment Adjustments
|Monthly federal benefit rate, effective January 2014|
|Individual living in his or her own household||$721|
|Couple with both members eligible||$1,082|
|Cost-of-living adjustment||1.5 percent|
|Federally administered payments|
|Benefits paid in 2013||$53.9 billion|
|Number of recipients, December 2013||8.4 million|
|Average benefit, December 2013||$529.15|
|Federal SSI payments|
|Benefits paid in 2013||$50.6 billion|
|Number of recipients, December 2013||8.1 million|
|Average benefit, December 2013||$510.21|
|Federally administered state supplementation|
|Benefits paid in 2013||$3.3 billion|
|Number of recipients, December 2013||a 2.2 million|
|Average benefit, December 2013||$121.48|
|a. Includes 2.0 million persons receiving federal SSI and state supplementation and 0.2 million persons receiving state supplementation only.|
- In December 2013, 8,363,477 persons received federally administered SSI payments—100,600 more than the previous year. Of the total, 2,107,524 (25.2 percent) were aged 65 or older; 4,934,272 (59.0 percent) were blind or disabled aged 18–64; and 1,321,681 (15.8 percent) were blind or disabled under age 18.
- The number of blind or disabled aged 18–64 rose by 64,788 (1.3 percent) between December 2012 and December 2013, and the number under age 18 increased by 9,820 (0.7 percent).
- During 2013, 912,243 persons were awarded federally administered payments, a decrease of 51,387 from the previous year. Of the 2013 awards, 623,389 went to blind or disabled recipients aged 18–64, 175,000 to those blind or disabled under age 18, and 113,854 to recipients aged 65 or older.
- Total federally administered SSI payments were $53.9 billion in 2013, up 3.5 percent from 2012. Federal SSI payments in 2013 were $50.6 billion (an increase of 3.8 percent over the previous year). Federally administered state supplementation totaled $3.3 billion.
|Total benefits paid in calendar year 2013|
|Hospital Insurance (Part A)||$261.9 billion|
|Supplementary Medical Insurance (Part B)||$313.1 billion|
|Number of enrollees in July 2013 (one or both of Parts A and B)||52.4 million|
|Administrative costs, 2013|
|As a percentage of total benefits paid||1.6 percent|
|Supplementary Medical Insurance|
|As a percentage of total benefits paid||1.2 percent|
|Medical service expenditures in fiscal year 2012||$369.6 billion|
|Number of unduplicated recipients, fiscal year 2012||69.3 million|
|Average 2012 vendor payment per unduplicated recipient|
|Persons aged 65 or older||$15,350|
|Permanently and totally disabled persons||$15,841|
|Dependent children under age 21||$2,089|
|Average 2012 vendor payment for medical services|
|Nursing facility services||$31,401|
|Inpatient general hospital care||$7,732|
Other Social Insurance Programs and Veterans' Benefits
|Total payments, 2012||$42.6 billion|
|Weekly benefit amount (regular programs)||$302.67|
|Duration of benefits||17.0 weeks|
|Weekly insured unemployment||3.3 million|
|Covered employment||129.5 million|
|Benefit payments, 2012||$61.8 billion|
|Compensation payments||$31.0 billion|
|Medical and hospitalization||$30.8 billion|
|Benefits paid by—|
|Private insurance carriers||$33.4 billion|
|State and federal funds||$13.7 billion|
|Employers' self-insurance||$14.8 billion|
|Covered workers per month||127.9 million|
|Costs as a percentage of covered payroll||1.32 percent|
Temporary Disability Insurance
|Average weekly benefit, 2011|
|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||$631|
|Maximum monthly family benefit||$1,263|
|Part B (claims filed before July 1, 1973)|
|Number of monthly benefits to miners, widows, and dependents, December 2013||16,958|
|Total benefits paid, calendar year 2013||$139.9 million|
|Part C (claims filed July 1, 1973, or later)|
|Total benefits paid, fiscal year 2013|
|Disability and survivors benefits||$164.4 million|
|Medical benefits||$34.6 million|
|Number of veterans with disability compensation or pension, 2013|
|Monthly payment in 2014 for—|
|10 percent disability||$131|
|Nonservice-connected disability (maximum payment)|
|With one dependent and in need of aid and attendance||$2,085|
|Weighted average poverty thresholds, 2013|
|Individual, aged 65 or older||$11,173|
|Couple, householder aged 65 or older||$14,095|
|Family of four||$23,836|
|Percentage of population with income below poverty level, 2013|
|All ages||14.5 percent|
|Children under age 18 living in families||19.5 percent|
|Persons aged 65 or older||9.5 percent|