| Workers in OASDI covered employment, 2003 | 154.3 million |
|---|---|
| Average earnings, 2003 | $32,808 |
| Earnings required in 2004 for— | |
| 1 quarter of coverage | $900 |
| Maximum of 4 quarters of coverage | $3,600 |
| Earnings test exempt amounts for 2004 | |
| Under full retirement age for entire year | $11,640 |
| For months before reaching full retirement age in 2004 | $31,080 |
| Beginning with month of reaching full retirement age in 2004 | Test eliminated |
| Cost-of-living adjustment for December 2003 | 2.1 percent |
|---|---|
| Average monthly benefit, December 2003 | |
| Retired workers | $922 |
| Widows and widowers, nondisabled | $888 |
| Disabled workers | $862 |
| Number of beneficiaries, December 2003 | |
| Old-Age, Survivors, and Disability Insurance | 47.0 million |
| Old-Age Insurance | |
| Total | 32.7 million |
| Retired workers | 29.5 million |
| Survivors Insurance | |
| Total | 6.8 million |
| Widows and widowers, nondisabled | 4.5 million |
| Disability Insurance | |
| Total | 7.6 million |
| Disabled workers | 5.9 million |
| Benefit payments, 2003 | |
| Old-Age, Survivors, and Disability Insurance | $470.8 billion |
| Old-Age and Survivors Insurance | $399.8 billion |
| Disability Insurance | $70.9 billion |
| Administrative expenses, 2003 | |
| Old-Age and Survivors Insurance | |
| Amount | $2.6 billion |
| As a percentage of total benefits paid | 0.6 percent |
| Disability Insurance | |
| Amount | $2.0 billion |
| As a percentage of total benefits paid | 2.8 percent |
| Monthly federal benefit rate, effective January 2004 | |
|---|---|
| Individual living in his or her own household | $564 |
| Couple with both members eligible | $846 |
| Cost-of-living adjustment | 2.1 percent |
| Total | |
|---|---|
| Benefits paid in 2003 | $35.6 billion |
| Number of recipients, December 2003 | 7.1 million |
| Average benefit, December 2003 | $418.04 |
| Federally administered payments | |
| Benefits paid in 2003 | $34.7 billion |
| Number of recipients, December 2003 | 6.9 million |
| Average benefit, December 2003 | $417.16 |
| Federal SSI payments | |
| Benefits paid in 2003 | $30.7 billion |
| Number of recipients, December 2003 | 6.6 million |
| Average benefit, December 2003 | $383.59 |
| Federally administered state supplementation | |
| Benefits paid in 2003 | $4.0 billion |
| Number of recipients, December 2003 | 2.5 million a |
| Average benefit, December 2003 | $138.38 |
| State-administered supplementation | |
| Benefits paid in 2003 | $0.9 billion |
| Number of recipients, December 2003 | 0.6 million b |
| Average benefit, December 2003 | $124.38 |
| Total benefits paid in calendar year 2003 | |
|---|---|
| Hospital Insurance (Part A) | $152.1 billion |
| Supplementary Medical Insurance (Part B) | $123.8 billion |
| Number of enrollees in July 2003 (one or both of Parts A and B) | 41.1 million |
| Aged | 35.0 million |
| Disabled | 6.1 million |
| Administrative costs, 2003 | |
| Hospital Insurance | |
| Amount | $2.5 billion |
| As a percentage of total benefits paid | 1.7 percent |
| Supplementary Medical Insurance | |
| Amount | $2.3 billion |
| As a percentage of total benefits paid | 1.9 percent |
| Medical service expenditures in fiscal year 2002 | $213.5 billion |
|---|---|
| Number of unduplicated recipients, fiscal year 2002 | 49.8 million |
| Average 2002 vendor payment per unduplicated recipient | |
| Persons aged 65 or older | $10,870 |
| Permanently and totally disabled persons | $11,408 |
| Dependent children under age 21 | $1,271 |
| Average 2002 vendor payment for medical services | |
| Nursing facility services | $22,247 |
| Inpatient general hospital care | $5,766 |
| Prescribed drugs | $1,163 |
| Physicians services | $378 |
| Total payments, 2003 | $41.4 billion |
|---|---|
| Average— | |
| Weekly benefit amount (regular programs) | $262 |
| Duration of benefits | 16.4 weeks |
| Weekly insured unemployment | 3.5 million |
| Covered employment | 126.1 million |
| Benefit payments, 2002 | $53.4 billion |
|---|---|
| Compensation payments | $29.2 billion |
| Medical and hospitalization | $24.3 billion |
| Benefits paid by— | |
| Private insurance carriers | $29.0 billion |
| State and federal funds | $12.5 billion |
| Employers' self-insurance | $11.9 billion |
| Covered workers per month | 125.6 million |
| Costs as a percentage of covered payroll | 1.58 percent |
| Average weekly benefit, 2001 | |
|---|---|
| California a | |
| State fund | $288 |
| Private plans | $449 |
| New York | |
| State fund | $145 |
| Private plans | $191 |
| Basic benefit to miner or widow | $549.00 |
|---|---|
| Maximum family benefit | $1,098.00 |
| Part B (claims filed before July 1, 1973) | |
| Number of monthly benefits to miners, widows, and dependents, December 2003 | 64,237 |
| Total benefits paid, calendar year 2003 | $411.6 million |
| Part C (claims filed July 1, 1973, or later) | |
| Total benefits paid, fiscal year 2003 | |
| Disability and survivors benefits | $336.9 million |
| Medical benefits | $55 million |
| Number of veterans with disability compensation or pension, 2003 | |
|---|---|
| Service-connected disability | 2,485,000 |
| 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, 2003 | $9.5 billion |
|---|---|
| Average monthly number of— | |
| Recipients | 4.9 million |
| Families | 2.0 million |
| Average monthly payment | |
| Per recipient | $162 |
| Per family | $393 |
| Monthly benefits, beginning October 1, 2004 | |
|---|---|
| Four-person household with no income | $499 |
| Standard deduction (one-person to four-person households) | $134 |
| Fiscal year 2003 | |
| Average number of participants | 21.3 million |
| Total benefits | $21.4 billion |
| Block grants to— | |
|---|---|
| 50 states and the District of Columbia | $1.65 billion |
| Puerto Rico, Virgin Islands, American Samoa, Guam, and Northern Mariana Islands | $2.3 million |
| Direct block grants to 132 Indian tribes and tribal organizations | $16.4 million |
| Leveraging incentive awards to— | |
| 38 states | $19.0 million |
| 28 Indian tribes and tribal organizations | $1.6 million |
| Residential Emergency Assistance Challenge (REACH) program awards to— | |
| 6 states | $5.5 million |
| 7 Indian tribes and tribal organizations | $1.0 million |
| Emergency contingency funds to— | |
| 33 states and the District of Columbia | $99.4 million |
| 46 Indian tribes and tribal organizations | $613 thousand |
| Weighted average poverty thresholds, 2003 | |
|---|---|
| Individual, aged 65 or older | $8,825 |
| Couple, householder aged 65 or older | $11,133 |
| Family of four | $18,810 |
| Percentage of population with income below poverty level, 2002 | |
| All ages | 12.1 percent |
| Children under age 18 living in families | 16.2 percent |
| Persons aged 65 or older | 10.4 percent |