Annual Statistical Supplement, 2007

Highlights and Trends

Social Security (OASDI)

Employment and Earnings

Workers in OASDI covered employment, 2006 161.6 million
Average earnings, 2006 $37,346
Earnings required in 2007 for—
1 quarter of coverage $1,000
Maximum of 4 quarters of coverage $4,000
Earnings test exempt amounts for 2007
Under full retirement age for entire year $12,960
For months before reaching full retirement age in 2007 $34,440
Beginning with month of reaching full retirement age in 2007 Test eliminated

Program Data

Cost-of-living adjustment for December 2006 3.3 percent
Average monthly benefit, December 2006
Retired workers $1,044
Widows and widowers, nondisabled $1,008
Disabled workers $978
Number of beneficiaries, December 2006
Old-Age, Survivors, and Disability Insurance 49.1 million
Old-Age Insurance
Total 33.9 million
Retired workers 30.9 million
Survivors Insurance
Total 6.6 million
Widows and widowers, nondisabled 4.3 million
Disability Insurance
Total 8.6 million
Disabled workers 6.8 million
Benefit payments, 2006
Old-Age, Survivors, and Disability Insurance $546.2 billion
Old-Age and Survivors Insurance $454.5 billion
Disability Insurance $91.7 billion
Administrative expenses, 2006
Old-Age and Survivors Insurance
Amount $3.0 billion
As a percentage of total benefits paid 0.7 percent
Disability Insurance
Amount $2.3 billion
As a percentage of total benefits paid 2.5 percent

Program Trends

Supplemental Security Income

Annual Payment Adjustments

Monthly federal benefit rate, effective January 2007
Individual living in his or her own household $623
Couple with both members eligible $934
Cost-of-living adjustment 3.3 percent

Program Data

Federally administered payments
Benefits paid in 2006 $38.9 billion
Number of recipients, December 2006 7.2 million
Average benefit, December 2006 $454.75
Federal SSI payments
Benefits paid in 2006 $34.7 billion
Number of recipients, December 2006 6.9 million
Average benefit, December 2006 $423.05
Federally administered state supplementation
Benefits paid in 2006 $4.2 billion
Number of recipients, December 2006 2.3 million a
Average benefit, December 2006 $156.24
a. Includes 2.0 million persons receiving federal SSI and state supplementation and 0.3 million persons receiving state supplementation only.

Program Trends

Health Care

Medicare

Total benefits paid in calendar year 2006
Hospital Insurance (Part A) $189.0 billion
Supplementary Medical Insurance (Part B) $213.0 billion
Number of enrollees in July 2006 (one or both of Parts A and B) 43.3 million
Aged 36.3 million
Disabled 7.0 million
Administrative costs, 2006
Hospital Insurance
Amount $2.9 billion
As a percentage of total benefits paid 1.6 percent
Supplementary Medical Insurance
Amount $3.4 billion
As a percentage of total benefits paid 1.6 percent

Medicaid

Medical service expenditures in fiscal year 2004 $257.7 billion
Number of unduplicated recipients, fiscal year 2004 55.0 million
Average 2004 vendor payment per unduplicated recipient
Persons aged 65 or older $13,790
Permanently and totally disabled persons $14,070
Dependent children under age 21 $1,530
Average 2004 vendor payment for medical services
Nursing facility services $24,585
Inpatient general hospital care $6,435
Prescribed drugs $1,433
Physicians services $426

Other Social Insurance Programs and Veterans' Benefits

Unemployment Insurance

Total payments, 2006 $34.0 billion
Average—
Weekly benefit amount (regular programs) $277.20
Duration of benefits 15.2 weeks
Weekly insured unemployment 2.5 million
Covered employment 132.2 million

Workers' Compensation

Benefit payments, 2005 $55.3 billion
Compensation payments $29.1 billion
Medical and hospitalization $26.2 billion
Benefits paid by—
Private insurance carriers $28.1 billion
State and federal funds $14.0 billion
Employers' self-insurance $13.1 billion
Covered workers per month 128.1 million
Costs as a percentage of covered payroll 1.70 percent

Temporary Disability Insurance

Average weekly benefit, 2004
California
State fund $338
Private plans $489
New York
Private plans $185
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 $584.00
Maximum family benefit $1,168.00
Part B (claims filed before July 1, 1973)
Number of monthly benefits to miners, widows, and dependents, December 2006 40,018
Total benefits paid, calendar year 2006 $312.5 million
Part C (claims filed July 1, 1973, or later)
Total benefits paid, fiscal year 2006
Disability and survivors benefits $304.4 million
Medical benefits $40 million

Veterans' Benefits

Number of veterans with disability compensation or pension, 2006
Service-connected disability 2,726,000
Non-service-connected disability 330,000
Monthly payment in 2007 for—
Service-connected disability
10 percent disability $115
Total disability $2,471
Non-service-connected disability (maximum payment)
Without dependent $911
With one dependent and in need of aid and attendance $1,801

Poverty Data

Weighted average poverty thresholds, 2006
Individual, aged 65 or older $9,669
Couple, householder aged 65 or older $12,201
Family of four $20,614
Percentage of population with income below poverty level, 2005
All ages 12.6 percent
Children under the age of 18 living in families 17.1 percent
Persons aged 65 or older 10.1 percent