Single-Year Tables Consistent With the 2019 SSI Annual Report
Table IV.A2.—SSI Federal Benefit Rate Increases and Levels:
Historical and Projected on the Basis of the Intermediate Assumptions of the 2019 OASDI Trustees Report
1974-2043
Historical and Projected on the Basis of the Intermediate Assumptions of the 2019 OASDI Trustees Report
1974-2043
Federal benefit rate | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Year | Social Security benefit rate increasea | SSI benefit rate increaseb | Individual | Couple | Essential personc | |||||
Historical data: | ||||||||||
Initial benefit paid January 1, 1974 d | — | — | $140.00 | $210.00 | $70.00 | |||||
1974 | 8.0 | e 4.3 | 146.00 | 219.00 | 73.00 | |||||
1975 | 6.4 | 8.0 | 157.70 | 236.60 | 78.90 | |||||
1976 | 5.9 | 6.4 | 167.80 | 251.80 | 84.00 | |||||
1977 | 6.5 | 5.9 | 177.80 | 266.70 | 89.00 | |||||
1978 | 9.9 | 6.5 | 189.40 | 284.10 | 94.80 | |||||
1979 | 14.3 | 9.9 | 208.20 | 312.30 | 104.20 | |||||
1980 | 11.2 | 14.3 | 238.00 | 357.00 | 119.20 | |||||
1981 | 7.4 | 11.2 | 264.70 | 397.00 | 132.60 | |||||
1982 | 3.5 | 7.4 | 284.30 | 426.40 | 142.50 | |||||
1983 | 3.5 | e 7.0 | 304.30 | 456.40 | 152.50 | |||||
1984 | 3.5 | 3.5 | 314.00 | 472.00 | 157.00 | |||||
1985 | 3.1 | 3.5 | 325.00 | 488.00 | 163.00 | |||||
1986 | 1.3 | 3.1 | 336.00 | 504.00 | 168.00 | |||||
1987 | 4.2 | 1.3 | 340.00 | 510.00 | 170.00 | |||||
1988 | 4.0 | 4.2 | 354.00 | 532.00 | 177.00 | |||||
1989 | 4.7 | 4.0 | 368.00 | 553.00 | 184.00 | |||||
1990 | 5.4 | 4.7 | 386.00 | 579.00 | 193.00 | |||||
1991 | 3.7 | 5.4 | 407.00 | 610.00 | 204.00 | |||||
1992 | 3.0 | 3.7 | 422.00 | 633.00 | 211.00 | |||||
1993 | 2.6 | 3.0 | 434.00 | 652.00 | 217.00 | |||||
1994 | 2.8 | 2.6 | 446.00 | 669.00 | 223.00 | |||||
1995 | 2.6 | 2.8 | 458.00 | 687.00 | 229.00 | |||||
1996 | 2.9 | 2.6 | 470.00 | 705.00 | 235.00 | |||||
1997 | 2.1 | 2.9 | 484.00 | 726.00 | 242.00 | |||||
1998 | 1.3 | 2.1 | 494.00 | 741.00 | 247.00 | |||||
1999 | f 2.5 | 1.3 | 500.00 | 751.00 | 250.00 | |||||
2000 | 3.5 | f 2.5 | g 513.00 | 769.00 | 257.00 | |||||
2001 | 2.6 | 3.5 | g 531.00 | 796.00 | 266.00 | |||||
2002 | 1.4 | 2.6 | 545.00 | 817.00 | 273.00 | |||||
2003 | 2.1 | 1.4 | 552.00 | 829.00 | 277.00 | |||||
2004 | 2.7 | 2.1 | 564.00 | 846.00 | 282.00 | |||||
2005 | 4.1 | 2.7 | 579.00 | 869.00 | 290.00 | |||||
2006 | 3.3 | 4.1 | 603.00 | 904.00 | 302.00 | |||||
2007 | 2.3 | 3.3 | 623.00 | 934.00 | 312.00 | |||||
2008 | 5.8 | 2.3 | 637.00 | 956.00 | 319.00 | |||||
2009 | 0.0 | 5.8 | 674.00 | 1,011.00 | 338.00 | |||||
2010 | 0.0 | 0.0 | 674.00 | 1,011.00 | 338.00 | |||||
2011 | 3.6 | 0.0 | 674.00 | 1,011.00 | 338.00 | |||||
2012 | 1.7 | 3.6 | 698.00 | 1,048.00 | 350.00 | |||||
2013 | 1.5 | 1.7 | 710.00 | 1,066.00 | 356.00 | |||||
2014 | 1.7 | 1.5 | 721.00 | 1,082.00 | 361.00 | |||||
2015 | 0.0 | 1.7 | 733.00 | 1,100.00 | 367.00 | |||||
2016 | 0.3 | 0.0 | 733.00 | 1,100.00 | 367.00 | |||||
2017 | 2.0 | 0.3 | 735.00 | 1,103.00 | 368.00 | |||||
2018 | 2.8 | 2.0 | 750.00 | 1,125.00 | 376.00 | |||||
2019 | 1.8 | 2.8 | 771.00 | 1,157.00 | 386.00 | |||||
Projected: |
||||||||||
2020 | 2.7 | 1.8 | 785.00 | 1,178.00 | 393.00 | |||||
2021 | 2.6 | 2.7 | 806.00 | 1,209.00 | 404.00 | |||||
2022 | 2.6 | 2.6 | 827.00 | 1,241.00 | 414.00 | |||||
2023 | 2.6 | 2.6 | 849.00 | 1,273.00 | 425.00 | |||||
2024 | 2.6 | 2.6 | 871.00 | 1,306.00 | 436.00 | |||||
2025 | 2.6 | 2.6 | 893.00 | 1,340.00 | 448.00 | |||||
2026 | 2.6 | 2.6 | 917.00 | 1,375.00 | 459.00 | |||||
2027 | 2.6 | 2.6 | 941.00 | 1,411.00 | 471.00 | |||||
2028 | 2.6 | 2.6 | 965.00 | 1,448.00 | 483.00 | |||||
2029 | 2.6 | 2.6 | 990.00 | 1,485.00 | 496.00 | |||||
2030 | 2.6 | 2.6 | 1,016.00 | 1,524.00 | 509.00 | |||||
2031 | 2.6 | 2.6 | 1,042.00 | 1,564.00 | 522.00 | |||||
2032 | 2.6 | 2.6 | 1,069.00 | 1,604.00 | 536.00 | |||||
2033 | 2.6 | 2.6 | 1,097.00 | 1,646.00 | 550.00 | |||||
2034 | 2.6 | 2.6 | 1,126.00 | 1,689.00 | 564.00 | |||||
2035 | 2.6 | 2.6 | 1,155.00 | 1,733.00 | 579.00 | |||||
2036 | 2.6 | 2.6 | 1,185.00 | 1,778.00 | 594.00 | |||||
2037 | 2.6 | 2.6 | 1,216.00 | 1,824.00 | 609.00 | |||||
2038 | 2.6 | 2.6 | 1,248.00 | 1,871.00 | 625.00 | |||||
2039 | 2.6 | 2.6 | 1,280.00 | 1,920.00 | 641.00 | |||||
2040 | 2.6 | 2.6 | 1,313.00 | 1,970.00 | 658.00 | |||||
2041 | 2.6 | 2.6 | 1,347.00 | 2,021.00 | 675.00 | |||||
2042 | 2.6 | 2.6 | 1,383.00 | 2,074.00 | 693.00 | |||||
2043 | 2.6 | 2.6 | 1,418.00 | 2,128.00 | 711.00 |
a Increases prior to 1984 were effective for the
payment due for June of the year. Increases shown for 1984 and later are effective
for the payment due for December of the year.
b Increases prior to 1984 were effective for the
payment due on July 1 of the year. Increases shown for 1984 and later are effective
for the payment due on January 1 of the year.
c A concept carried over from the former State
assistance plans. Fewer than 20 of those cases currently remain.
d Benefits paid in January, 1974 were based on
the Federal benefit rates established by Public Law 92-603, enacted October 30, 1972:
$130.00 for individuals; $195.00 for couples; and $65.00 for essential persons.
Retroactive payments were subsequently made to adjust initial payments to the higher
Federal benefit rates established by Public Law 93-233, enacted December 31, 1973.
e Ad hoc increases as specified in the law.
f Originally determined as 2.4 percent, but pursuant to
Public Law 106-554, enacted December 21, 2000, is effectively now 2.5 percent.
g Benefits originally paid in 2000 and through July 2001
were based on Federal benefit rates of $512.00 and $530.00, respectively. Pursuant to
Public Law 106-554, monthly payments beginning in August 2001 were effectively based on the
higher $531 amount. Lump-sum compensation payments were made based on an adjusted benefit
rate for months prior to August 2001.