Annual Statistical Supplement, 2012

 

Highlights and Trends

Social Security (Old-Age, Survivors, and Disability Insurance)

Employment and Earnings

Workers in OASDI covered employment, 2011 157.7 million
Average earnings, 2011 $41,809
Earnings required in 2012 for—
1 quarter of coverage $1,130
Maximum of 4 quarters of coverage $4,520
Earnings test exempt amounts for 2012
Under full retirement age for entire year $14,640
For months before reaching full retirement age in 2012 $38,880
Beginning with month of reaching full retirement age in 2012 Test eliminated

Program Data

Cost-of-living adjustment for December 2011 3.6 percent
Average monthly benefit, December 2011
Retired workers $1,229
Widows and widowers, nondisabled $1,185
Disabled workers $1,111
Number of beneficiaries, December 2011
Old-Age, Survivors, and Disability Insurance 55.4 million
Old-Age Insurance
Total 38.5 million
Retired workers 35.6 million
Survivors Insurance
Total 6.3 million
Widows and widowers, nondisabled 4.0 million
Disability Insurance
Total 10.6 million
Disabled workers 8.6 million
Benefit payments, 2011
Old-Age, Survivors, and Disability Insurance $725.1 billion
Old-Age and Survivors Insurance $596.2 billion
Disability Insurance $128.9 billion
Administrative expenses, 2011
Old-Age and Survivors Insurance
Amount $3.5 billion
As a percentage of total benefits paid 0.6 percent
Disability Insurance
Amount $2.9 billion
As a percentage of total benefits paid 2.2 percent

Program Trends

Supplemental Security Income

Annual Payment Adjustments

Monthly federal benefit rate, effective January 2012
Individual living in his or her own household $698
Couple with both members eligible $1,048
Cost-of-living adjustment 3.6 percent

Program Data

Federally administered payments
Benefits paid in 2011 $49.5 billion
Number of recipients, December 2011 8.1 million
Average benefit, December 2011 $501.64
Federal SSI payments
Benefits paid in 2011 $46.0 billion
Number of recipients, December 2011 7.9 million
Average benefit, December 2011 $481.31
Federally administered state supplementation
Benefits paid in 2011 $3.5 billion
Number of recipients, December 2011 2.4 million a
Average benefit, December 2011 $118.57
a. Includes 2.1 million persons receiving federal SSI and state supplementation and 0.2 million persons receiving state supplementation only.

Program Trends

Health Care

Medicare

Total benefits paid in calendar year 2011
Hospital Insurance (Part A) $252.9 billion
Supplementary Medical Insurance (Part B) $288.5 billion
Number of enrollees in July 2011 (one or both of Parts A and B) 48.8 million
Aged 40.5 million
Disabled 8.4 million
Administrative costs, 2011
Hospital Insurance
Amount $3.8 billion
As a percentage of total benefits paid 1.5 percent
Supplementary Medical Insurance
Amount $4.0 billion
As a percentage of total benefits paid 1.4 percent

Medicaid

Medical service expenditures in fiscal year 2010 $338.8 billion
Number of unduplicated recipients, fiscal year 2010 65.6 million
Average 2010 vendor payment per unduplicated recipient
Persons aged 65 or older $15,206
Permanently and totally disabled persons $15,817
Dependent children under age 21 $2,027
Average 2010 vendor payment for medical services
Nursing facility services $31,686
Inpatient general hospital care $7,230
Prescribed drugs $922
Physicians services $495

Other Social Insurance Programs and Veterans' Benefits

Unemployment Insurance

Total payments, 2010 $58.5 billion
Average—
Weekly benefit amount (regular programs) $299.33
Duration of benefits 18.9 weeks
Weekly insured unemployment 4.5 million
Covered employment 125.8 million

Workers' Compensation

Benefit payments, 2010 $57.5 billion
Compensation payments $29.5 billion
Medical and hospitalization $28.1 billion
Benefits paid by—
Private insurance carriers $30.5 billion
State and federal funds $13.6 billion
Employers' self-insurance $13.4 billion
Covered workers per month 124.5 million
Costs as a percentage of covered payroll 1.23 percent

Temporary Disability Insurance

Average weekly benefit, 2009
California
State fund $435
Private plans $700
New York
Private plans $194
NOTE: Programs in effect in California, Hawaii, New Jersey, New York, Rhode Island, Puerto Rico, and the railroad industry.

Black Lung Benefits

Basic benefit to miner or widow $625
Maximum family benefit $1,251
Part B (claims filed before July 1, 1973)
Number of monthly benefits to miners, widows, and dependents, December 2011 21,944
Total benefits paid, calendar year 2011 $183.2 million
Part C (claims filed July 1, 1973, or later)
Total benefits paid, fiscal year 2011
Disability and survivors benefits $192.0 million
Medical benefits $33.4 million

Veterans' Benefits

Number of veterans with disability compensation or pension, 2011
Service-connected disability 3,355,000
Nonservice-connected disability 314,000
Monthly payment in 2012 for—
Service-connected disability
10 percent disability $127
Total disability $2,769
Nonservice-connected disability (maximum payment)
Without dependent $1,021
With one dependent and in need of aid and attendance $2,020

Poverty Data

Weighted average poverty thresholds, 2011
Individual, aged 65 or older $10,788
Couple, householder aged 65 or older $13,609
Family of four $23,021
Percentage of population with income below poverty level, 2011
All ages 15.0 percent
Children under age 18 living in families 21.4 percent
Persons aged 65 or older 8.7 percent