Workers in OASDI covered employment, 2002 | 152.8 million |
---|---|
Average earnings, 2002 | $32,466 |
Earnings required in 2003 for— | |
1 quarter of coverage | $890 |
Maximum of 4 quarters of coverage | $3,560 |
Earnings test exempt amounts for 2003 | |
Under full retirement age for entire year | $11,520 |
For months before reaching full retirement age in 2003 | $30,720 |
Beginning with month of reaching full retirement age in 2003 | Test eliminated |
Cost-of-living adjustment for December 2002 | 1.4 percent |
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Average monthly benefit, December 2002 | |
Retired workers | $895 |
Widows and widowers, nondisabled | $861 |
Disabled workers | $834 |
Number of beneficiaries, December 2002 | |
Old-Age, Survivors, and Disability Insurance | 46.4 million |
Old-Age Insurance | |
Total | 32.3 million |
Retired workers | 29.2 million |
Survivors Insurance | |
Total | 6.9 million |
Widows and widowers, nondisabled | 4.6 million |
Disability Insurance | |
Total | 7.2 million |
Disabled workers | 5.5 million |
Benefit payments, 2002 | |
Old-Age, Survivors, and Disability Insurance | $453.8 billion |
Old-Age and Survivors Insurance | $388.1 billion |
Disability Insurance | $65.7 billion |
Administrative expenses, 2002 | |
Old-Age and Survivors Insurance | |
Amount | $2.1 billion |
As a percentage of total benefits paid | 0.6 percent |
Disability Insurance | |
Amount | $2.0 billion |
As a percentage of total benefits paid | 3.1 percent |
Monthly federal benefit rate, effective January 2003 | |
---|---|
Individual living in his or her own household | $552 |
Couple with both members eligible | $829 |
Cost-of-living adjustment | 1.4 percent |
Total | |
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Benefits paid in 2002 | $34.6 billion |
Number of recipients, December 2002 | 6.9 million |
Average benefit, December 2002 | $408.64 |
Federally administered payments | |
Benefits paid in 2002 | $33.7 billion |
Number of recipients, December 2002 | 6.8 million |
Average benefit, December 2002 | $407.42 |
Federal SSI payments | |
Benefits paid in 2002 | $29.9 billion |
Number of recipients, December 2002 | 6.5 million |
Average benefit, December 2002 | $376.76 |
Federally administered state supplementation | |
Benefits paid in 2002 | $3.8 billion |
Number of recipients, December 2002 | 2.5 million a |
Average benefit, December 2002 | $127.53 |
State-administered supplementation | |
Benefits paid in 2002 | $0.8 billion |
Number of recipients, December 2002 | 0.6 million b |
Average benefit, December 2002 | $110.62 |
Total benefits paid in calendar year 2002 | |
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Hospital Insurance (Part A) | $149.9 billion |
Supplementary Medical Insurance (Part B) | $111.0 billion |
Number of enrollees in July 2002 (one or both of Parts A and B) | 40.5 million |
Aged | 34.7 million |
Disabled | 5.8 million |
Administrative costs, 2002 | |
Hospital Insurance | |
Amount | $2.6 billion |
As a percentage of total benefits paid | 1.7 percent |
Supplementary Medical Insurance | |
Amount | $2.2 billion |
As a percentage of total benefits paid | 2.0 percent |
Medical service expenditures in fiscal year 2000 | $168.3 billion |
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Number of unduplicated recipients, fiscal year 2000 | 42.8 million |
Average 2000 vendor payment per unduplicated recipient | |
Persons aged 65 or older | $11,929 |
Permanently and totally disabled persons | $10,559 |
Dependent children under age 21 | $1,358 |
Average 2000 vendor payment for medical services | |
Nursing facility services | $20,220 |
Inpatient general hospital care | $4,919 |
Prescribed drugs | $975 |
Physicians services | $356 |
Total payments, 2002 | $42.1 billion |
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Average— | |
Weekly benefit amount (regular programs) | $257 |
Duration of benefits | 16.5 weeks |
Weekly insured unemployment | 3.6 million |
Covered employment | 126.5 million |
Benefit payments, 2001 | $49.4 billion |
---|---|
Compensation payments | $27.4 billion |
Medical and hospitalization | $22.0 billion |
Benefits paid by— | |
Private insurance carriers | $27.1 billion |
State and federal funds | $11.0 billion |
Employers' self-insurance | $11.3 billion |
Covered workers per month | 127.0 million |
Costs as a percentage of covered payroll | 1.39 percent |
Average weekly benefit, 2000 | |
---|---|
California b | |
State fund | $256 |
Private plans | $399 |
New York | |
State fund | $146 |
Private plans | $185 |
Basic benefit to miner or widow | $534.60 |
---|---|
Maximum family benefit | $1,069.20 |
Part B (claims filed before July 1, 1973) | |
Number of monthly benefits to miners, widows, and dependents, December 2002 | 71,600 |
Total benefits paid, calendar year 2002 | $439.3 million |
Part C (claims filed July 1, 1973, or later) | |
Total benefits paid, fiscal year 2002 | |
Disability and survivors benefits | $320.0 million |
Medical benefits | $64.2 million |
Number of veterans with disability compensation or pension, 2002 | |
---|---|
Service-connected disability | 2,398,000 |
Non-service-connected disability | 347,000 |
Monthly payment in 2003 for— | |
Service-connected disability | |
10 percent disability | $104 |
Total disability | $2,193 |
Non-service-connected disability (maximum payment) | |
Without dependent | $807 |
With one dependent and in need of aid and attendance | $1,597 |
Total payments, 2002 | $10.1 billion |
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Average monthly number of— | |
Recipients | 5.1 million |
Families | 2.1 million |
Average monthly payment | |
Per recipient | $167 |
Per family | $412 |
Monthly benefits, beginning October 1, 2003 | |
---|---|
Four-person household with no income | $471 |
Standard deduction (one-person to four-person households) | $134 |
Fiscal year 2002 | |
Average number of participants | 19.1 million |
Total benefits | $18.3 billion |
(Funds issued by the Department of Health and Human Services in fiscal year 2001.)
Block grants to— | |
---|---|
50 states and the District of Columbia | $1.36 billion |
Puerto Rico, Virgin Islands, American Samoa, Guam, and Northern Mariana Islands | $1.9 million |
Direct block grants to 128 Indian tribes and tribal organizations | $12.5 million |
Leveraging incentive awards to— | |
37 states | $19.2 million |
30 Indian tribes and tribal organizations | $1.4 million |
Residential Emergency Assistance Challenge (REACH) program awards to— | |
5 states | $4.5 million |
8 Indian tribes and tribal organizations | $1.2 million |
Emergency contingency funds to— | |
50 states and the District of Columbia | $451 million |
128 Indian tribes and tribal organizations | $4.0 million |
Weighted average poverty thresholds, 2002 | |
---|---|
Individual, aged 65 or older | $8,628 |
Couple, householder aged 65 or older | $10,885 |
Family of four | $18,392 |
Percentage of population with income below poverty level, 2001 | |
All ages | 11.7 percent |
Children under age 18 living in families | 15.7 percent |
Persons aged 65 or older | 10.1 percent |