CATEGORY: RETIREMENT AGE CHANGES
PROPOSAL:Increase the FRA from 67: At a rate of 1 month every 2 years starting in 2023
Start date: 2023  End date: not applicable  Proposed by: Social Security Advisory Board

Projected effects on beneficiaries in 2070

Table 1. Individual benefit changes, 2070: Longevity Index FRA vs. Scheduled
POPULATION: current law beneficiaries aged 60+
Characteristic All Beneficiaries Affected Beneficiaries
Median Percent Change Percent With Median Percent Change Percent With
Lower Benefits Higher Benefits Lower Benefits Higher Benefits
Total -6% 80% 0% -8% 100% 0%
Sex
Female -6% 81% 0% -8% 100% 0%
Male -6% 80% 0% -8% 100% 0%
Ethnicity/Race
Hispanic -7% 76% 0% -9% 100% 0%
White -6% 82% 0% -7% 100% 0%
Black -6% 77% 0% -8% 100% 0%
Other -6% 83% 0% -8% 100% 0%
Country of Birth
U.S. -6% 81% 0% -8% 100% 0%
Foreign -6% 79% 0% -8% 100% 0%
Age
60-69 -11% 76% 0% -11% 100% 0%
70-79 -8% 83% 0% -9% 100% 0%
80-89 -5% 81% 0% -6% 100% 0%
90+ -3% 81% 0% -4% 100% 0%
Marital Status
Married -8% 83% 0% -9% 100% 0%
Divorced -5% 81% 0% -7% 100% 0%
Widowed -3% 70% 0% -5% 100% 0%
Never Married -8% 81% 0% -9% 100% 0%
Education
Graduate -6% 85% 0% -7% 100% 0%
Bachelor -6% 85% 0% -7% 100% 0%
Associate -6% 80% 0% -8% 100% 0%
High School -6% 77% 0% -8% 100% 0%
Less than 12 Yrs -7% 75% 0% -9% 100% 0%
Official Poverty
Above poverty -6% 80% 0% -8% 100% 0%
In poverty -8% 77% 0% -9% 100% 0%
Household Income Quintile
$221,317+ -6% 87% 0% -7% 100% 0%
$116,305 - $221,317 -7% 84% 0% -8% 100% 0%
$67,516 - $116,305 -7% 82% 0% -8% 100% 0%
$36,533 - $67,516 -6% 77% 0% -8% 100% 0%
$0-$36,533 -6% 71% 0% -8% 100% 0%
Current Law Benefit Type
Retired worker -8% 88% 0% -8% 100% 0%
Widow(er) -1% 61% 0% -3% 99% 1%
Spouse -8% 83% 0% -9% 100% 0%
Disabled worker 0% 0% 0% . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Note: . . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 1. Individual benefit changes, 2070: Longevity Index FRA vs. Payable
POPULATION: current law beneficiaries aged 60+
Characteristic All Beneficiaries Affected Beneficiaries
Median Percent Change Percent With Median Percent Change Percent With
Lower Benefits Higher Benefits Lower Benefits Higher Benefits
Total 2% 98% 3% 97%
Sex
Female 2% 98% 3% 97%
Male 3% 97% 3% 97%
Ethnicity/Race
Hispanic 2% 97% 3% 97%
White 2% 98% 3% 97%
Black 2% 98% 2% 97%
Other 3% 97% 4% 96%
Country of Birth
U.S. 2% 97% 3% 97%
Foreign 2% 98% 3% 97%
Age
60-69 8% 91% 11% 89%
70-79 0% 100% 0% 100%
80-89 0% 100% 0% 100%
90+ 0% 100% 0% 100%
Marital Status
Married 3% 97% 3% 97%
Divorced 2% 97% 3% 97%
Widowed 0% 99% 1% 99%
Never Married 3% 97% 3% 96%
Education
Graduate 3% 97% 3% 96%
Bachelor 3% 97% 3% 97%
Associate 2% 98% 3% 97%
High School 2% 98% 2% 97%
Less than 12 Yrs 2% 98% 3% 97%
Official Poverty
Above poverty 2% 97% 3% 97%
In poverty 0% 100% 0% 100%
Household Income Quintile
$221,317+ 4% 95% 5% 95%
$116,305 - $221,317 4% 96% 5% 95%
$67,516 - $116,305 2% 97% 3% 97%
$36,533 - $67,516 0% 99% 1% 99%
$0-$36,533 0% 100% 0% 100%
Current Law Benefit Type
Retired worker 3% 97% 3% 97%
Widow(er) 0% 100% 1% 99%
Spouse 2% 98% 2% 98%
Disabled worker 0% 100% . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Note: . . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 2. Household income changes, 2070: Longevity Index FRA vs. Scheduled
POPULATION: current law beneficiaries aged 60+
Characteristic All Beneficiaries Affected Beneficiaries
Median Percent Change Percent With Median Percent Change Percent With
Lower Income Higher Income Lower Income Higher Income
Total -2% 70% 0% -2% 83% 0%
Sex
Female -2% 70% 0% -2% 83% 0%
Male -2% 71% 0% -2% 84% 0%
Ethnicity/Race
Hispanic -2% 70% 0% -3% 86% 0%
White -2% 71% 0% -2% 83% 0%
Black -2% 70% 0% -3% 88% 0%
Other -1% 66% 0% -2% 77% 0%
Country of Birth
U.S. -2% 71% 0% -2% 84% 0%
Foreign -2% 67% 0% -2% 80% 0%
Age
60-69 -2% 71% 0% -3% 89% 0%
70-79 -2% 75% 0% -2% 85% 0%
80-89 -2% 70% 0% -2% 81% 0%
90+ -1% 52% 0% -1% 63% 0%
Marital Status
Married -2% 79% 0% -2% 86% 0%
Divorced -1% 67% 0% -2% 82% 0%
Widowed -1% 51% 0% -1% 73% 0%
Never Married -2% 70% 0% -3% 85% 0%
Education
Graduate -1% 67% 0% -2% 75% 0%
Bachelor -1% 69% 0% -2% 79% 0%
Associate -2% 74% 0% -3% 87% 0%
High School -2% 71% 0% -3% 87% 0%
Less than 12 Yrs -2% 69% 0% -3% 86% 0%
Official Poverty
Above poverty -2% 71% 0% -2% 83% 0%
In poverty -4% 67% 1% -6% 87% 1%
Household Income Quintile
$221,317+ 0% 44% 0% 0% 49% 0%
$116,305 - $221,317 -1% 75% 0% -2% 85% 0%
$67,516 - $116,305 -2% 82% 0% -3% 92% 0%
$36,533 - $67,516 -3% 80% 0% -4% 96% 0%
$0-$36,533 -4% 72% 0% -6% 97% 0%
Current Law Benefit Type
Retired worker -2% 78% 0% -3% 85% 0%
Widow(er) 0% 44% 0% -1% 71% 0%
Spouse -2% 80% 0% -2% 84% 0%
Disabled worker 0% 13% 0% . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Note: . . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 2. Household income changes, 2070: Longevity Index FRA vs. Payable
POPULATION: current law beneficiaries aged 60+
Characteristic All Beneficiaries Affected Beneficiaries
Median Percent Change Percent With Median Percent Change Percent With
Lower Income Higher Income Lower Income Higher Income
Total 2% 94% 2% 93%
Sex
Female 1% 94% 2% 93%
Male 2% 93% 2% 92%
Ethnicity/Race
Hispanic 2% 93% 2% 92%
White 2% 94% 2% 94%
Black 1% 95% 2% 94%
Other 2% 90% 2% 89%
Country of Birth
U.S. 2% 94% 2% 93%
Foreign 1% 92% 2% 91%
Age
60-69 5% 86% 7% 82%
70-79 0% 97% 0% 97%
80-89 0% 98% 0% 97%
90+ 0% 96% 0% 96%
Marital Status
Married 2% 93% 2% 92%
Divorced 2% 95% 2% 94%
Widowed 0% 96% 1% 96%
Never Married 2% 92% 2% 91%
Education
Graduate 2% 92% 2% 91%
Bachelor 2% 93% 2% 92%
Associate 1% 95% 2% 95%
High School 1% 95% 2% 94%
Less than 12 Yrs 2% 93% 2% 91%
Official Poverty
Above poverty 2% 94% 2% 93%
In poverty 3% 83% 3% 84%
Household Income Quintile
$221,317+ 3% 80% 3% 79%
$116,305 - $221,317 3% 94% 3% 94%
$67,516 - $116,305 2% 97% 2% 96%
$36,533 - $67,516 0% 99% 0% 99%
$0-$36,533 0% 98% 0% 98%
Current Law Benefit Type
Retired worker 2% 93% 2% 92%
Widow(er) 0% 97% 0% 98%
Spouse 2% 94% 2% 93%
Disabled worker 0% 97% . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Note: . . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 3. Poverty, 2070: Longevity Index FRA vs. Scheduled
POPULATION: current law beneficiaries aged 60+
Characteristic Poverty Rate Population Change (thousands)
Scheduled Option Change
Total 2.1% 2.5%
Sex
Female 2.4% 2.9%
Male 1.8% 2.1%
Ethnicity/Race
Hispanic 2.9% 3.6%
White 1.4% 1.6%
Black 4.2% 4.9%
Other 2.3% 2.6%
Country of Birth
U.S. 1.6% 2.0%
Foreign 3.9% 4.5%
Age
60-69 2.4% 3.0%
70-79 2.0% 2.5%
80-89 2.1% 2.4%
90+ 1.6% 1.7%
Marital Status
Married 0.7% 0.9%
Divorced 2.6% 3.1%
Widowed 1.9% 2.2%
Never Married 5.3% 6.4%
Education
Graduate 0.8% 0.9%
Bachelor 0.8% 1.0%
Associate 1.5% 1.8%
High School 2.9% 3.5%
Less than 12 Yrs 5.5% 6.7%
Official Poverty
Above poverty 0.0% 0.4%
In poverty 100.0% 99.8% -0.2% -3
Household Income Quintile
$221,317+ 0.0% 0.0% 0.0% 0
$116,305 - $221,317 0.0% 0.0% 0.0% 0
$67,516 - $116,305 0.0% 0.1% 0.0%
$36,533 - $67,516 0.2% 0.3%
$0-$36,533 10.3% 12.3%
Current Law Benefit Type
Retired worker 2.2% 2.7%
Widow(er) 1.4% 1.5% 0.0%
Spouse 1.9% 2.2%
Disabled worker 3.2% 3.2% 0.0% 0
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 3. Poverty, 2070: Longevity Index FRA vs. Payable
POPULATION: current law beneficiaries aged 60+
Characteristic Poverty Rate Population Change (thousands)
Payable Option Change
Total 4.7% 2.5% -2.1% -2,120
Sex
Female 5.3% 2.9% -2.4% -1,228
Male 4.0% 2.1% -1.9% -892
Ethnicity/Race
Hispanic 6.3% 3.6% -2.7% -640
White 3.2% 1.6% -1.5% -863
Black 9.0% 4.9% -4.1% -407
Other 4.8% 2.6% -2.2% -208
Country of Birth
U.S. 3.9% 2.0% -2.0% -1,524
Foreign 7.2% 4.5% -2.7% -596
Age
60-69 4.9% 3.0% -1.9% -521
70-79 4.5% 2.5% -2.0% -753
80-89 4.9% 2.4% -2.6% -635
90+ 4.0% 1.7% -2.3% -210
Marital Status
Married 1.5% 0.9% -0.6% -279
Divorced 6.1% 3.1% -2.9% -598
Widowed 5.2% 2.2% -2.9% -446
Never Married 10.8% 6.4% -4.4% -796
Education
Graduate 1.6% 0.9% -0.8% -104
Bachelor 1.7% 1.0% -0.8% -165
Associate 3.7% 1.8% -1.9% -396
High School 6.6% 3.5% -3.1% -1,004
Less than 12 Yrs 11.0% 6.7% -4.3% -449
Official Poverty
Above poverty 2.6% 0.4% -2.2% -2,120
In poverty 99.8% 99.8% 0.0% 0
Household Income Quintile
$221,317+ 0.0% 0.0% 0.0% -4
$116,305 - $221,317 0.1% 0.0% 0.0% -9
$67,516 - $116,305 0.2% 0.1% -0.1% -23
$36,533 - $67,516 0.7% 0.3% -0.5% -91
$0-$36,533 22.3% 12.3% -10.0% -1,991
Current Law Benefit Type
Retired worker 4.6% 2.7% -1.9% -1,465
Widow(er) 4.5% 1.5% -3.0% -408
Spouse 4.0% 2.2% -1.8% -99
Disabled worker 6.8% 3.2% -3.6% -148
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 4. Beneficiary characteristics, 2070: Longevity Index FRA vs. Scheduled
POPULATION: current law beneficiaries aged 60+
Characteristic All beneficiaries Affected beneficiaries Beneficiaries with lower benefits Beneficiaries with higher benefits
Number (thousands) Percent Number (thousands) Percent Number (thousands) Percent Number (thousands) Percent
Total 99,367 100.0 79,920 100.0 79,859 100.0 61 100.0
Sex
Female 51,669 52.0 41,647 52.1 41,602 52.1 45 73.4
Male 47,698 48.0 38,273 47.9 38,257 47.9 16 26.6
Ethnicity/Race
Hispanic 23,798 23.9 18,153 22.7 18,136 22.7 17 27.9
White 55,862 56.2 46,038 57.6 46,008 57.6 30 48.8
Black 10,043 10.1 7,742 9.7 7,736 9.7 6 9.9
Other 9,664 9.7 7,987 10.0 7,979 10.0 8 13.4
Country of Birth
U.S. 77,479 78.0 62,713 78.5 62,673 78.5 40 64.4
Foreign 21,888 22.0 17,207 21.5 17,185 21.5 22 35.6
Age
60-69 28,040 28.2 21,334 26.7 21,315 26.7 19 30.9
70-79 37,436 37.7 31,197 39.0 31,171 39.0 26 42.4
80-89 24,883 25.0 20,125 25.2 20,116 25.2 9 14.8
90+ 9,008 9.1 7,264 9.1 7,256 9.1 7 12.0
Marital Status
Married 45,743 46.0 38,060 47.6 38,058 47.7 2 3.0
Divorced 20,504 20.6 16,655 20.8 16,632 20.8 23 36.9
Widowed 15,160 15.3 10,585 13.2 10,548 13.2 37 60.0
Never Married 17,960 18.1 14,621 18.3 14,621 18.3 . . . . . .
Education
Graduate 13,734 13.8 11,703 14.6 11,703 14.7 . . . . . .
Bachelor 22,043 22.2 18,845 23.6 18,837 23.6 8 13.0
Associate 21,221 21.4 16,984 21.3 16,967 21.2 16 26.8
High School 31,969 32.2 24,603 30.8 24,572 30.8 30 49.3
Less than 12 Yrs 10,400 10.5 7,785 9.7 7,778 9.7 7 11.0
Official Poverty
Above poverty 97,260 97.9 78,302 98.0 78,243 98.0 60 97.0
In poverty 2,107 2.1 1,618 2.0 1,616 2.0 2 3.0
Household Income Quintile
$221,317+ 19,874 20.0 17,193 21.5 17,191 21.5 1 2.0
$116,305 - $221,317 19,873 20.0 16,766 21.0 16,764 21.0 2 3.0
$67,516 - $116,305 19,873 20.0 16,355 20.5 16,343 20.5 12 18.9
$36,533 - $67,516 19,870 20.0 15,373 19.2 15,361 19.2 12 19.0
$0-$36,533 19,877 20.0 14,234 17.8 14,199 17.8 35 57.2
Current Law Benefit Type
Retired worker 76,149 76.6 66,927 83.7 66,926 83.8 1 1.6
Widow(er) 13,655 13.7 8,453 10.6 8,393 10.5 60 98.4
Spouse 5,494 5.5 4,540 5.7 4,540 5.7 . . . . . .
Disabled worker 4,069 4.1 . . . . . . . . . . . . . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Note: . . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 4. Beneficiary characteristics, 2070: Longevity Index FRA vs. Payable
POPULATION: current law beneficiaries aged 60+
Characteristic All beneficiaries Affected beneficiaries Beneficiaries with lower benefits Beneficiaries with higher benefits
Number (thousands) Percent Number (thousands) Percent Number (thousands) Percent Number (thousands) Percent
Total 99,367 100.0 99,195 100.0 2,275 100.0 96,920 100.0
Sex
Female 51,669 52.0 51,609 52.0 1,054 46.3 50,555 52.2
Male 47,698 48.0 47,586 48.0 1,221 53.7 46,365 47.8
Ethnicity/Race
Hispanic 23,798 23.9 23,739 23.9 556 24.5 23,182 23.9
White 55,862 56.2 55,785 56.2 1,256 55.2 54,530 56.3
Black 10,043 10.1 10,022 10.1 178 7.8 9,844 10.2
Other 9,664 9.7 9,648 9.7 284 12.5 9,364 9.7
Country of Birth
U.S. 77,479 78.0 77,347 78.0 1,820 80.0 75,527 77.9
Foreign 21,888 22.0 21,848 22.0 455 20.0 21,393 22.1
Age
60-69 28,040 28.2 27,868 28.1 2,255 99.1 25,613 26.4
70-79 37,436 37.7 37,436 37.7 16 0.7 37,420 38.6
80-89 24,883 25.0 24,883 25.1 4 0.2 24,879 25.7
90+ 9,008 9.1 9,008 9.1 . . . . . . 9,008 9.3
Marital Status
Married 45,743 46.0 45,666 46.0 1,224 53.8 44,442 45.9
Divorced 20,504 20.6 20,479 20.6 490 21.5 19,989 20.6
Widowed 15,160 15.3 15,153 15.3 70 3.1 15,083 15.6
Never Married 17,960 18.1 17,897 18.0 490 21.6 17,407 18.0
Education
Graduate 13,734 13.8 13,698 13.8 407 17.9 13,291 13.7
Bachelor 22,043 22.2 22,015 22.2 628 27.6 21,387 22.1
Associate 21,221 21.4 21,189 21.4 456 20.1 20,733 21.4
High School 31,969 32.2 31,915 32.2 573 25.2 31,342 32.3
Less than 12 Yrs 10,400 10.5 10,378 10.5 210 9.3 10,168 10.5
Official Poverty
Above poverty 97,260 97.9 97,088 97.9 2,272 99.9 94,816 97.8
In poverty 2,107 2.1 2,107 2.1 3 0.1 2,104 2.2
Household Income Quintile
$221,317+ 19,874 20.0 19,815 20.0 867 38.1 18,948 19.6
$116,305 - $221,317 19,873 20.0 19,836 20.0 814 35.8 19,022 19.6
$67,516 - $116,305 19,873 20.0 19,825 20.0 496 21.8 19,328 19.9
$36,533 - $67,516 19,870 20.0 19,844 20.0 80 3.5 19,764 20.4
$0-$36,533 19,877 20.0 19,875 20.0 18 0.8 19,857 20.5
Current Law Benefit Type
Retired worker 76,149 76.6 75,982 76.6 2,120 93.2 73,862 76.2
Widow(er) 13,655 13.7 13,652 13.8 46 2.0 13,606 14.0
Spouse 5,494 5.5 5,491 5.5 109 4.8 5,382 5.6
Disabled worker 4,069 4.1 4,069 4.1 . . . . . . 4,069 4.2
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Note: . . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 5. Beneficiary Status, 2070: Longevity Index FRA vs. Scheduled (in thousands)
POPULATION: current law or option beneficiaries aged 60+
Characteristic Current Law Beneficiaries Changes in beneficiary status under proposed option Policy Option Beneficiaries
Added Removed Net Change
Total 99,367 -401 -397 98,969
Sex
Female 51,669 -197 -193 51,475
Male 47,698 -204 -203 47,494
Ethnicity/Race
Hispanic 23,798 -105 -104 23,693
White 55,862 -209 -206 55,656
Black 10,043 -29 -28 10,014
Other 9,664 -58 -57 9,606
Country of Birth
U.S. 77,479 -325 -324 77,154
Foreign 21,888 -76 -72 21,815
Age
60-69 28,040 -401 -397 27,643
70-79 37,436 0 0 37,436
80-89 24,883 0 0 24,883
90+ 9,008 0 0 9,008
Marital Status
Married 45,743 -194 -190 45,553
Divorced 20,504 -74 -74 20,430
Widowed 15,160 -11 -11 15,149
Never Married 17,960 -122 -121 17,838
Education
Graduate 13,734 -98 -98 13,636
Bachelor 22,043 -139 -138 21,904
Associate 21,221 -58 -55 21,166
High School 31,969 -79 -78 31,891
Less than 12 Yrs 10,400 -27 -27 10,373
Official Poverty
Above poverty 97,260 -401 -397 96,863
In poverty 2,107 0 0 2,107
Household Income Quintile
$221,317+ 19,874 -212 -212 19,662
$116,305 - $221,317 19,873 -113 -110 19,763
$67,516 - $116,305 19,873 -68 -68 19,805
$36,533 - $67,516 19,870 -6 -6 19,864
$0-$36,533 19,877 +1 0 19,876
Current Law Benefit Type
Retired worker 76,149 -385 -385 75,763
Widow(er) 13,655 -7 -6 13,648
Spouse 5,494 -8 -8 5,486
Disabled worker 4,069 0 0 4,069
None 0 0 3
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
Table 5. Beneficiary Status, 2070: Longevity Index FRA vs. Payable (in thousands)
POPULATION: current law or option beneficiaries aged 60+
Characteristic Current Law Beneficiaries Changes in beneficiary status under proposed option Policy Option Beneficiaries
Added Removed Net Change
Total 99,367 -401 -397 98,969
Sex
Female 51,669 -197 -193 51,475
Male 47,698 -204 -203 47,494
Ethnicity/Race
Hispanic 23,798 -105 -104 23,693
White 55,862 -209 -206 55,656
Black 10,043 -29 -28 10,014
Other 9,664 -58 -57 9,606
Country of Birth
U.S. 77,479 -325 -324 77,154
Foreign 21,888 -76 -72 21,815
Age
60-69 28,040 -401 -397 27,643
70-79 37,436 0 0 37,436
80-89 24,883 0 0 24,883
90+ 9,008 0 0 9,008
Marital Status
Married 45,743 -194 -190 45,553
Divorced 20,504 -74 -74 20,430
Widowed 15,160 -11 -11 15,149
Never Married 17,960 -122 -121 17,838
Education
Graduate 13,734 -98 -98 13,636
Bachelor 22,043 -139 -138 21,904
Associate 21,221 -58 -55 21,166
High School 31,969 -79 -78 31,891
Less than 12 Yrs 10,400 -27 -27 10,373
Official Poverty
Above poverty 97,260 -401 -397 96,863
In poverty 2,107 0 0 2,107
Household Income Quintile
$221,317+ 19,874 -212 -212 19,662
$116,305 - $221,317 19,873 -113 -110 19,763
$67,516 - $116,305 19,873 -68 -68 19,805
$36,533 - $67,516 19,870 -6 -6 19,864
$0-$36,533 19,877 +1 0 19,876
Current Law Benefit Type
Retired worker 76,149 -385 -385 75,763
Widow(er) 13,655 -7 -6 13,648
Spouse 5,494 -8 -8 5,486
Disabled worker 4,069 0 0 4,069
None 0 0 3
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v1
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.