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Payment Calculation Base for 2001

Automatic Increases

Payment Calculation Bases

Section 411.500 of the Code of Federal Regulations defines the Title II payment calculation base for any year to mean—

In connection with a title II disability beneficiary (including a concurrent title II/title XVI disability beneficiary), the average monthly disability insurance benefit payable under section 223 of the Social Security Act for months during the preceding calendar year to all beneficiaries who are in current pay status for the month for which the benefit is payable.

The table below shows the number of beneficiaries and corresponding payment amounts for 2000, together with the resulting average amounts. The average amount per beneficiary for calendar year 2000 is the Title II payment calculation base for 2001.

Title II benefits for months in 2000
Month Number of
beneficiaries
Benefit amount Average
amount
Jan 4,890,213 $3,688,406,261 $754.24
Feb 4,900,885 3,697,062,861 754.37
Mar 4,914,885 3,708,655,678 754.58
Apr 4,931,158 3,722,425,946 754.88
May 4,944,090 3,733,980,038 755.24
Jun 4,959,525 3,747,911,664 755.70
Jul 4,973,407 3,760,778,194 756.18
Aug 4,987,041 3,775,574,363 757.08
Sep 5,002,218 3,789,444,132 757.55
Oct 5,016,453 3,802,570,964 758.02
Nov 5,028,152 3,817,540,431 759.23
Dec 5,042,334 3,965,303,700 786.40
Average 4,965,863 3,767,471,186 758.67
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