CATEGORY: RETIREMENT AGE CHANGES
PROPOSAL:Increase the FRA from 67: To 68, at a rate of 1 month every 2 years
Start date: 2023  End date: 2049  Proposed by: Social Security Advisory Board

Projected effects on beneficiaries in 2070

Table 1. Individual benefit changes, 2070: Increase FRA to 68 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 -5% 77% 0% -6% 100% 0%
Sex
Female -5% 77% 0% -6% 100% 0%
Male -5% 77% 0% -6% 100% 0%
Ethnicity/Race
Hispanic -6% 73% 0% -6% 100% 0%
White -5% 79% 0% -6% 100% 0%
Black -5% 74% 0% -6% 100% 0%
Other -5% 78% 0% -6% 100% 0%
Country of Birth
U.S. -5% 78% 0% -6% 100% 0%
Foreign -5% 75% 0% -6% 100% 0%
Age
60-69 -6% 74% 0% -6% 100% 0%
70-79 -6% 78% 0% -6% 100% 0%
80-89 -5% 79% 0% -6% 100% 0%
90+ -3% 81% 0% -4% 100% 0%
Marital Status
Married -6% 80% 0% -6% 100% 0%
Divorced -4% 78% 0% -6% 100% 0%
Widowed -3% 67% 0% -4% 99% 1%
Never Married -6% 78% 0% -6% 100% 0%
Education
Graduate -5% 80% 0% -6% 100% 0%
Bachelor -5% 81% 0% -6% 100% 0%
Associate -5% 77% 0% -6% 100% 0%
High School -5% 74% 0% -6% 100% 0%
Less than 12 Yrs -6% 72% 0% -6% 100% 0%
Official Poverty
Above poverty -5% 77% 0% -6% 100% 0%
In poverty -6% 76% 0% -6% 100% 0%
Household Income Quintile
$221,317+ -5% 81% 0% -6% 100% 0%
$116,305 - $221,317 -5% 80% 0% -6% 100% 0%
$67,516 - $116,305 -5% 79% 0% -6% 100% 0%
$36,533 - $67,516 -5% 75% 0% -6% 100% 0%
$0-$36,533 -5% 70% 0% -6% 100% 0%
Current Law Benefit Type
Retired worker -6% 84% 0% -6% 100% 0%
Widow(er) -1% 59% 1% -2% 99% 1%
Spouse -6% 79% 0% -6% 100% 0%
Disabled worker 0% 0% 0% . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v2
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: Increase FRA to 68 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% 2% 98%
Sex
Female 2% 98% 2% 98%
Male 2% 98% 2% 97%
Ethnicity/Race
Hispanic 2% 98% 2% 98%
White 2% 98% 2% 98%
Black 1% 99% 2% 98%
Other 2% 98% 3% 97%
Country of Birth
U.S. 2% 98% 2% 98%
Foreign 2% 98% 2% 98%
Age
60-69 6% 94% 8% 92%
70-79 0% 100% 0% 100%
80-89 0% 100% 0% 100%
90+ 0% 100% 0% 100%
Marital Status
Married 2% 98% 2% 97%
Divorced 2% 98% 2% 98%
Widowed 0% 100% 1% 99%
Never Married 2% 98% 3% 97%
Education
Graduate 2% 98% 3% 97%
Bachelor 2% 98% 3% 97%
Associate 2% 98% 2% 98%
High School 1% 99% 2% 98%
Less than 12 Yrs 1% 99% 2% 98%
Official Poverty
Above poverty 2% 98% 2% 98%
In poverty 0% 100% 0% 100%
Household Income Quintile
$221,317+ 3% 97% 4% 96%
$116,305 - $221,317 3% 97% 4% 96%
$67,516 - $116,305 2% 98% 2% 98%
$36,533 - $67,516 0% 100% 0% 100%
$0-$36,533 0% 100% 0% 100%
Current Law Benefit Type
Retired worker 2% 98% 2% 97%
Widow(er) 0% 100% 1% 99%
Spouse 1% 98% 2% 98%
Disabled worker 0% 100% . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v2
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: Increase FRA to 68 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 -1% 62% 0% -2% 76% 0%
Sex
Female -1% 62% 0% -2% 76% 0%
Male -1% 63% 0% -2% 77% 0%
Ethnicity/Race
Hispanic -1% 62% 0% -2% 78% 0%
White -1% 63% 0% -1% 76% 0%
Black -1% 63% 0% -2% 81% 0%
Other -1% 56% 0% -1% 68% 0%
Country of Birth
U.S. -1% 63% 0% -2% 77% 0%
Foreign -1% 59% 0% -2% 73% 0%
Age
60-69 -1% 59% 0% -2% 76% 0%
70-79 -1% 64% 0% -2% 77% 0%
80-89 -1% 66% 0% -2% 79% 0%
90+ -1% 52% 0% -1% 63% 0%
Marital Status
Married -1% 69% 0% -2% 77% 0%
Divorced -1% 58% 0% -2% 75% 0%
Widowed 0% 47% 0% -1% 70% 0%
Never Married -1% 62% 0% -2% 79% 0%
Education
Graduate -1% 57% 0% -1% 68% 0%
Bachelor -1% 60% 0% -1% 71% 0%
Associate -1% 66% 0% -2% 80% 0%
High School -1% 64% 0% -2% 80% 0%
Less than 12 Yrs -1% 61% 0% -2% 79% 0%
Official Poverty
Above poverty -1% 62% 0% -2% 76% 0%
In poverty -3% 67% 1% -5% 87% 1%
Household Income Quintile
$221,317+ 0% 27% 0% 0% 33% 0%
$116,305 - $221,317 -1% 63% 0% -1% 74% 0%
$67,516 - $116,305 -2% 75% 0% -2% 88% 0%
$36,533 - $67,516 -2% 76% 0% -3% 94% 0%
$0-$36,533 -3% 70% 0% -4% 96% 0%
Current Law Benefit Type
Retired worker -1% 68% 0% -2% 78% 0%
Widow(er) 0% 39% 0% -1% 66% 1%
Spouse -1% 70% 0% -2% 74% 0%
Disabled worker 0% 11% 0% . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v2
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: Increase FRA to 68 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 1% 95% 2% 94%
Sex
Female 1% 95% 1% 95%
Male 1% 95% 2% 94%
Ethnicity/Race
Hispanic 1% 95% 2% 94%
White 1% 96% 2% 95%
Black 1% 96% 1% 95%
Other 2% 92% 2% 91%
Country of Birth
U.S. 1% 96% 2% 95%
Foreign 1% 93% 2% 92%
Age
60-69 4% 90% 6% 87%
70-79 0% 98% 0% 97%
80-89 0% 98% 0% 97%
90+ 0% 96% 0% 96%
Marital Status
Married 2% 95% 2% 94%
Divorced 1% 96% 2% 95%
Widowed 0% 96% 0% 96%
Never Married 2% 94% 2% 93%
Education
Graduate 2% 93% 2% 92%
Bachelor 2% 94% 2% 94%
Associate 1% 96% 1% 96%
High School 1% 96% 1% 95%
Less than 12 Yrs 1% 94% 2% 93%
Official Poverty
Above poverty 1% 95% 2% 95%
In poverty 4% 84% 3% 85%
Household Income Quintile
$221,317+ 3% 84% 3% 83%
$116,305 - $221,317 2% 96% 3% 95%
$67,516 - $116,305 1% 98% 2% 97%
$36,533 - $67,516 0% 100% 0% 100%
$0-$36,533 0% 98% 0% 98%
Current Law Benefit Type
Retired worker 2% 95% 2% 94%
Widow(er) 0% 97% 0% 98%
Spouse 2% 95% 2% 95%
Disabled worker 0% 97% . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v2
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: Increase FRA to 68 vs. Scheduled
POPULATION: current law beneficiaries aged 60+
Characteristic Poverty Rate Population Change (thousands)
Scheduled Option Change
Total 2.1% 2.4%
Sex
Female 2.4% 2.8%
Male 1.8% 2.0%
Ethnicity/Race
Hispanic 2.9% 3.3%
White 1.4% 1.5%
Black 4.2% 4.7%
Other 2.3% 2.5%
Country of Birth
U.S. 1.6% 1.8%
Foreign 3.9% 4.3%
Age
60-69 2.4% 2.7%
70-79 2.0% 2.4%
80-89 2.1% 2.4%
90+ 1.6% 1.7%
Marital Status
Married 0.7% 0.8%
Divorced 2.6% 2.9%
Widowed 1.9% 2.1%
Never Married 5.3% 6.0%
Education
Graduate 0.8% 0.9%
Bachelor 0.8% 0.9%
Associate 1.5% 1.7%
High School 2.9% 3.3%
Less than 12 Yrs 5.5% 6.2%
Official Poverty
Above poverty 0.0% 0.3%
In poverty 100.0% 99.9% -0.1% -1
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% 0.0% 0.0% 0
$36,533 - $67,516 0.2% 0.2% 0.0%
$0-$36,533 10.3% 11.6%
Current Law Benefit Type
Retired worker 2.2% 2.5%
Widow(er) 1.4% 1.5% 0.0%
Spouse 1.9% 2.1%
Disabled worker 3.2% 3.2% 0.0% 0
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v2
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: Increase FRA to 68 vs. Payable
POPULATION: current law beneficiaries aged 60+
Characteristic Poverty Rate Population Change (thousands)
Payable Option Change
Total 4.7% 2.4% -2.3% -2,269
Sex
Female 5.3% 2.8% -2.5% -1,316
Male 4.0% 2.0% -2.0% -952
Ethnicity/Race
Hispanic 6.3% 3.3% -3.0% -705
White 3.2% 1.5% -1.7% -923
Black 9.0% 4.7% -4.2% -424
Other 4.8% 2.5% -2.2% -216
Country of Birth
U.S. 3.9% 1.8% -2.1% -1,627
Foreign 7.2% 4.3% -2.9% -642
Age
60-69 4.9% 2.7% -2.2% -612
70-79 4.5% 2.4% -2.2% -806
80-89 4.9% 2.4% -2.6% -640
90+ 4.0% 1.7% -2.3% -210
Marital Status
Married 1.5% 0.8% -0.6% -295
Divorced 6.1% 2.9% -3.2% -651
Widowed 5.2% 2.1% -3.0% -460
Never Married 10.8% 6.0% -4.8% -861
Education
Graduate 1.6% 0.9% -0.8% -105
Bachelor 1.7% 0.9% -0.8% -173
Associate 3.7% 1.7% -2.0% -427
High School 6.6% 3.3% -3.3% -1,069
Less than 12 Yrs 11.0% 6.2% -4.7% -493
Official Poverty
Above poverty 2.6% 0.3% -2.3% -2,271
In poverty 99.8% 99.9%
Household Income Quintile
$221,317+ 0.0% 0.0% 0.0% -4
$116,305 - $221,317 0.1% 0.0% -0.1% -10
$67,516 - $116,305 0.2% 0.0% -0.1% -25
$36,533 - $67,516 0.7% 0.2% -0.5% -98
$0-$36,533 22.3% 11.6% -10.7% -2,131
Current Law Benefit Type
Retired worker 4.6% 2.5% -2.1% -1,606
Widow(er) 4.5% 1.5% -3.0% -408
Spouse 4.0% 2.1% -1.9% -106
Disabled worker 6.8% 3.2% -3.6% -148
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v2
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: Increase FRA to 68 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 76,700 100.0 76,577 100.0 123 100.0
Sex
Female 51,669 52.0 40,047 52.2 39,963 52.2 84 68.4
Male 47,698 48.0 36,653 47.8 36,614 47.8 39 31.6
Ethnicity/Race
Hispanic 23,798 23.9 17,485 22.8 17,446 22.8 39 32.0
White 55,862 56.2 44,186 57.6 44,128 57.6 58 47.7
Black 10,043 10.1 7,462 9.7 7,450 9.7 12 9.8
Other 9,664 9.7 7,567 9.9 7,554 9.9 13 10.5
Country of Birth
U.S. 77,479 78.0 60,273 78.6 60,184 78.6 89 72.8
Foreign 21,888 22.0 16,426 21.4 16,393 21.4 33 27.2
Age
60-69 28,040 28.2 20,673 27.0 20,628 26.9 44 36.2
70-79 37,436 37.7 29,071 37.9 29,018 37.9 54 44.0
80-89 24,883 25.0 19,692 25.7 19,675 25.7 17 13.7
90+ 9,008 9.1 7,264 9.5 7,256 9.5 7 6.0
Marital Status
Married 45,743 46.0 36,481 47.6 36,464 47.6 16 13.4
Divorced 20,504 20.6 16,004 20.9 15,958 20.8 46 37.5
Widowed 15,160 15.3 10,226 13.3 10,173 13.3 53 43.2
Never Married 17,960 18.1 13,989 18.2 13,982 18.3 7 5.9
Education
Graduate 13,734 13.8 10,944 14.3 10,938 14.3 6 4.6
Bachelor 22,043 22.2 17,958 23.4 17,944 23.4 15 12.0
Associate 21,221 21.4 16,408 21.4 16,383 21.4 25 20.4
High School 31,969 32.2 23,869 31.1 23,804 31.1 66 53.5
Less than 12 Yrs 10,400 10.5 7,520 9.8 7,509 9.8 12 9.5
Official Poverty
Above poverty 97,260 97.9 75,086 97.9 74,968 97.9 118 96.2
In poverty 2,107 2.1 1,614 2.1 1,610 2.1 5 3.8
Household Income Quintile
$221,317+ 19,874 20.0 16,058 20.9 16,040 20.9 18 14.5
$116,305 - $221,317 19,873 20.0 15,971 20.8 15,957 20.8 14 11.6
$67,516 - $116,305 19,873 20.0 15,818 20.6 15,799 20.6 19 15.8
$36,533 - $67,516 19,870 20.0 14,933 19.5 14,915 19.5 18 14.6
$0-$36,533 19,877 20.0 13,919 18.1 13,866 18.1 53 43.5
Current Law Benefit Type
Retired worker 76,149 76.6 64,238 83.8 64,215 83.9 23 18.8
Widow(er) 13,655 13.7 8,106 10.6 8,010 10.5 96 78.6
Spouse 5,494 5.5 4,355 5.7 4,352 5.7 3 2.6
Disabled worker 4,069 4.1 . . . . . . . . . . . . . . . . . .
Source: SSA/Office of Retirement Policy, using MINT 7 Run: 03/09/2015 Ref #: SSAB0714v2
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: Increase FRA to 68 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 99,288 100.0 1,684 100.0 97,605 100.0
Sex
Female 51,669 52.0 51,645 52.0 785 46.6 50,860 52.1
Male 47,698 48.0 47,644 48.0 899 53.4 46,745 47.9
Ethnicity/Race
Hispanic 23,798 23.9 23,787 24.0 424 25.2 23,363 23.9
White 55,862 56.2 55,817 56.2 933 55.4 54,884 56.2
Black 10,043 10.1 10,038 10.1 115 6.9 9,922 10.2
Other 9,664 9.7 9,647 9.7 211 12.5 9,435 9.7
Country of Birth
U.S. 77,479 78.0 77,419 78.0 1,344 79.8 76,074 77.9
Foreign 21,888 22.0 21,870 22.0 339 20.2 21,531 22.1
Age
60-69 28,040 28.2 27,964 28.2 1,669 99.2 26,295 26.9
70-79 37,436 37.7 37,433 37.7 11 0.6 37,422 38.3
80-89 24,883 25.0 24,883 25.1 4 0.2 24,879 25.5
90+ 9,008 9.1 9,008 9.1 . . . . . . 9,008 9.2
Marital Status
Married 45,743 46.0 45,708 46.0 897 53.3 44,811 45.9
Divorced 20,504 20.6 20,485 20.6 362 21.5 20,124 20.6
Widowed 15,160 15.3 15,157 15.3 58 3.5 15,099 15.5
Never Married 17,960 18.1 17,938 18.1 367 21.8 17,571 18.0
Education
Graduate 13,734 13.8 13,727 13.8 315 18.7 13,412 13.7
Bachelor 22,043 22.2 22,021 22.2 478 28.4 21,543 22.1
Associate 21,221 21.4 21,202 21.4 337 20.0 20,865 21.4
High School 31,969 32.2 31,946 32.2 405 24.1 31,540 32.3
Less than 12 Yrs 10,400 10.5 10,393 10.5 148 8.8 10,245 10.5
Official Poverty
Above poverty 97,260 97.9 97,182 97.9 1,684 100.0 95,498 97.8
In poverty 2,107 2.1 2,107 2.1 . . . . . . 2,107 2.2
Household Income Quintile
$221,317+ 19,874 20.0 19,849 20.0 660 39.2 19,188 19.7
$116,305 - $221,317 19,873 20.0 19,846 20.0 614 36.5 19,232 19.7
$67,516 - $116,305 19,873 20.0 19,855 20.0 361 21.4 19,494 20.0
$36,533 - $67,516 19,870 20.0 19,864 20.0 42 2.5 19,822 20.3
$0-$36,533 19,877 20.0 19,875 20.0 7 0.4 19,868 20.4
Current Law Benefit Type
Retired worker 76,149 76.6 76,074 76.6 1,558 92.5 74,516 76.3
Widow(er) 13,655 13.7 13,655 13.8 44 2.6 13,611 13.9
Spouse 5,494 5.5 5,490 5.5 82 4.9 5,409 5.5
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 #: SSAB0714v2
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: Increase FRA to 68 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 -325 -322 99,045
Sex
Female 51,669 -174 -171 51,498
Male 47,698 -151 -151 47,547
Ethnicity/Race
Hispanic 23,798 -92 -91 23,706
White 55,862 -173 -169 55,693
Black 10,043 -18 -17 10,025
Other 9,664 -43 -42 9,621
Country of Birth
U.S. 77,479 -276 -275 77,203
Foreign 21,888 -49 -46 21,841
Age
60-69 28,040 -325 -322 27,718
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 -148 -145 45,598
Divorced 20,504 -56 -55 20,448
Widowed 15,160 -8 -8 15,152
Never Married 17,960 -113 -112 17,847
Education
Graduate 13,734 -83 -82 13,651
Bachelor 22,043 -115 -115 21,928
Associate 21,221 -41 -38 21,183
High School 31,969 -63 -63 31,906
Less than 12 Yrs 10,400 -23 -22 10,377
Official Poverty
Above poverty 97,260 -325 -322 96,938
In poverty 2,107 0 0 2,107
Household Income Quintile
$221,317+ 19,874 -170 -170 19,704
$116,305 - $221,317 19,873 -90 -87 19,786
$67,516 - $116,305 19,873 -60 -59 19,814
$36,533 - $67,516 19,870 -5 -4 19,866
$0-$36,533 19,877 +1 0 19,876
Current Law Benefit Type
Retired worker 76,149 -311 -310 75,838
Widow(er) 13,655 -7 -6 13,648
Spouse 5,494 -8 -7 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 #: SSAB0714v2
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: Increase FRA to 68 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 -325 -322 99,045
Sex
Female 51,669 -174 -171 51,498
Male 47,698 -151 -151 47,547
Ethnicity/Race
Hispanic 23,798 -92 -91 23,706
White 55,862 -173 -169 55,693
Black 10,043 -18 -17 10,025
Other 9,664 -43 -42 9,621
Country of Birth
U.S. 77,479 -276 -275 77,203
Foreign 21,888 -49 -46 21,841
Age
60-69 28,040 -325 -322 27,718
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 -148 -145 45,598
Divorced 20,504 -56 -55 20,448
Widowed 15,160 -8 -8 15,152
Never Married 17,960 -113 -112 17,847
Education
Graduate 13,734 -83 -82 13,651
Bachelor 22,043 -115 -115 21,928
Associate 21,221 -41 -38 21,183
High School 31,969 -63 -63 31,906
Less than 12 Yrs 10,400 -23 -22 10,377
Official Poverty
Above poverty 97,260 -325 -322 96,938
In poverty 2,107 0 0 2,107
Household Income Quintile
$221,317+ 19,874 -170 -170 19,704
$116,305 - $221,317 19,873 -90 -87 19,786
$67,516 - $116,305 19,873 -60 -59 19,814
$36,533 - $67,516 19,870 -5 -4 19,866
$0-$36,533 19,877 +1 0 19,876
Current Law Benefit Type
Retired worker 76,149 -311 -310 75,838
Widow(er) 13,655 -7 -6 13,648
Spouse 5,494 -8 -7 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 #: SSAB0714v2
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.