Annual Statistical Supplement, 2003

Old-Age, Survivors, and Disability Insurance

Benefits Awarded

Retired Workers

Table 6.B1 Number of initial awards to retired workers aged 62–64, average primary insurance amount, average monthly benefit, and number of months benefits withheld due to earnings, by sex and age in month of award, 2002
Age All initial
awards a		 Benefits received for all
entitlement months b		 Benefits withheld due to earnings for—
All entitlement
months		 Less than one-half of
entitlement months		 One-half or more of
entitlement months
Number
All beneficiaries
Total 1,226,100 1,144,800 11,400 41,400 21,800
62 882,600 827,400 8,600 26,800 15,200
63 124,900 110,900 2,200 6,700 4,400
64 218,600 206,500 600 7,900 2,200
Men
Subtotal 653,300 606,700 7,500 23,700 11,100
62 459,600 427,800 5,700 14,800 8,200
63 69,200 62,200 1,400 3,600 1,500
64 124,500 116,700 400 5,300 1,400
Women
Subtotal 572,800 538,100 3,900 17,700 10,700
62 423,000 399,600 2,900 12,000 7,000
63 55,700 48,700 800 3,100 2,900
64 94,100 89,800 200 2,600 800
Average primary insurance amount c (dollars)
All beneficiaries
Total 1,040.10 1,036.80 1,140.50 1,137.90 1,015.20
62 1,032.90 1,031.30 1,092.20 1,088.80 1,022.00
63 1,049.60 1,043.70 1,291.80 1,149.00 954.30
64 1,063.70 1,055.40 1,278.40 1,295.00 1,089.90
Men
Subtotal 1,253.30 1,252.30 1,293.00 1,332.90 1,218.70
62 1,261.70 1,263.60 1,231.10 1,288.30 1,231.90
63 1,241.50 1,234.40 1,490.20 1,372.70 1,128.60
64 1,229.00 1,220.30 d 1,430.30 1,238.20
Women
Subtotal 796.90 794.00 847.10 876.80 804.10
62 784.30 782.60 819.10 842.70 776.20
63 811.20 800.10 944.50 889.30 864.10
64 845.10 841.20 d 1,019.20 830.40
Average monthly benefit c (dollars)
All beneficiaries
Total 878.30 876.00 933.70 965.70 840.60
62 829.80 828.90 864.90 875.50 809.80
63 927.50 923.30 1,118.00 1,007.40 843.20
64 1,046.10 1,039.60 1,243.60 1,236.20 1,048.30
Men
Subtotal 1,037.50 1,036.20 1,051.00 1,125.80 999.40
62 989.90 990.90 968.80 1,020.40 971.50
63 1,079.60 1,072.80 1,285.60 1,204.80 995.10
64 1,189.90 1,182.80 d 1,366.50 1,167.80
Women
Subtotal 696.70 695.40 708.00 751.30 675.80
62 655.80 655.40 660.80 696.80 620.40
63 738.60 732.30 824.60 778.20 764.60
64 855.70 853.60 d 970.70 839.10
a. Includes 6,700 awards for which benefits were withheld for reasons other than earnings.
b. Months of entitlement begin with the month of award and end either in December 2002 or the month before the retired-worker benefit is terminated.
c. Amount for December 2002 or the amount for the latest month of entitlement multiplied by the December benefit increase.
d. Average amounts not shown for groups with fewer than 500 beneficiaries.
SOURCE: Social Security Administration, Master Beneficiary Record, 1 percent sample.
NOTE: Excludes persons whose benefits were converted from disabled worker to retired worker in 2002. Includes conversions from nondisabled widow(er)'s benefits to higher retired-worker benefits.
CONTACT: Diane Wallace (410) 965-0165 or Barbara Lingg (410) 965-0156.
Table 6.B3 Number and percentage distribution with and without reduction for early retirement, by sex and monthly benefit, 2002
Sex and monthly benefit (dollars) Total Without reduction
for early retirement		 With reduction
for early retirement
Number Percent Number Percent Number Percent
All retired workers 1,812,551 100.0 523,669 100.0 1,288,882 100.0
Less than 500.00 288,590 15.9 63,418 12.1 225,172 17.5
500.00–549.90 85,995 4.7 18,376 3.5 67,619 5.2
550.00–599.90 89,718 4.9 18,881 3.6 70,837 5.5
600.00–649.90 86,961 4.8 19,617 3.7 67,344 5.2
650.00–699.90 75,914 4.2 19,922 3.8 55,992 4.3
700.00–749.90 71,734 4.0 20,064 3.8 51,670 4.0
750.00–799.90 69,232 3.8 20,208 3.9 49,024 3.8
800.00–849.90 67,294 3.7 19,683 3.8 47,611 3.7
850.00–899.90 64,524 3.6 18,939 3.6 45,585 3.5
900.00–949.90 63,910 3.5 18,753 3.6 45,157 3.5
950.00–999.90 63,464 3.5 18,777 3.6 44,687 3.5
1,000.00–1,049.90 62,261 3.4 18,428 3.5 43,833 3.4
1,050.00–1,099.90 60,838 3.4 17,892 3.4 42,946 3.3
1,100.00–1,149.90 60,189 3.3 17,731 3.4 42,458 3.3
1,150.00–1,199.90 73,856 4.1 16,507 3.2 57,349 4.4
1,200.00–1,249.90 87,213 4.8 16,371 3.1 70,842 5.5
1,250.00–1,299.90 85,086 4.7 17,679 3.4 67,407 5.2
1,300.00–1,349.90 77,835 4.3 18,561 3.5 59,274 4.6
1,350.00–1,399.90 70,397 3.9 17,743 3.4 52,654 4.1
1,400.00–1,449.90 49,711 2.7 22,509 4.3 27,202 2.1
1,450.00–1,499.90 38,484 2.1 19,324 3.7 19,160 1.5
1,500.00 or more 119,345 6.6 84,286 16.1 35,059 2.7
Average benefit (dollars) 914.30 1,015.00 873.30
Men 1,001,135 100.0 308,153 100.0 692,982 100.0
Less than 500.00 93,214 9.3 24,700 8.0 68,514 9.9
500.00–549.90 20,958 2.1 5,874 1.9 15,084 2.2
550.00–599.90 21,328 2.1 6,095 2.0 15,233 2.2
600.00–649.90 22,597 2.3 6,555 2.1 16,042 2.3
650.00–699.90 23,543 2.4 6,824 2.2 16,719 2.4
700.00–749.90 25,170 2.5 7,061 2.3 18,109 2.6
750.00–799.90 26,842 2.7 7,631 2.5 19,211 2.8
800.00–849.90 29,461 2.9 8,270 2.7 21,191 3.1
850.00–899.90 31,240 3.1 8,555 2.8 22,685 3.3
900.00–949.90 33,684 3.4 9,170 3.0 24,514 3.5
950.00–999.90 36,004 3.6 9,740 3.2 26,264 3.8
1,000.00–1,049.90 38,355 3.8 10,205 3.3 28,150 4.1
1,050.00–1,099.90 39,888 4.0 10,565 3.4 29,323 4.2
1,100.00–1,149.90 42,072 4.2 11,156 3.6 30,916 4.5
1,150.00–1,199.90 56,112 5.6 11,060 3.6 45,052 6.5
1,200.00–1,249.90 70,682 7.1 11,461 3.7 59,221 8.5
1,250.00–1,299.90 72,256 7.2 13,206 4.3 59,050 8.5
1,300.00–1,349.90 68,352 6.8 14,625 4.7 53,727 7.8
1,350.00–1,399.90 62,913 6.3 14,271 4.6 48,642 7.0
1,400.00–1,449.90 42,673 4.3 18,068 5.9 24,605 3.6
1,450.00–1,499.90 33,470 3.3 15,936 5.2 17,534 2.5
1,500.00 or more 110,321 11.0 77,125 25.0 33,196 4.8
Average benefit (dollars) 1,077.30 1,161.00 1,040.20
Women 811,416 100.0 215,516 100.0 595,900 100.0
Less than 500.00 195,376 24.1 38,718 18.0 156,658 26.3
500.00–549.90 65,037 8.0 12,502 5.8 52,535 8.8
550.00–599.90 68,390 8.4 12,786 5.9 55,604 9.3
600.00–649.90 64,364 7.9 13,062 6.1 51,302 8.6
650.00–699.90 52,371 6.5 13,098 6.1 39,273 6.6
700.00–749.90 46,564 5.7 13,003 6.0 33,561 5.6
750.00–799.90 42,390 5.2 12,577 5.8 29,813 5.0
800.00–849.90 37,833 4.7 11,413 5.3 26,420 4.4
850.00–899.90 33,284 4.1 10,384 4.8 22,900 3.8
900.00–949.90 30,226 3.7 9,583 4.4 20,643 3.5
950.00–999.90 27,460 3.4 9,037 4.2 18,423 3.1
1,000.00–1,049.90 23,906 2.9 8,223 3.8 15,683 2.6
1,050.00–1,099.90 20,950 2.6 7,327 3.4 13,623 2.3
1,100.00–1,149.90 18,117 2.2 6,575 3.1 11,542 1.9
1,150.00–1,199.90 17,744 2.2 5,447 2.5 12,297 2.1
1,200.00–1,249.90 16,531 2.0 4,910 2.3 11,621 2.0
1,250.00–1,299.90 12,830 1.6 4,473 2.1 8,357 1.4
1,300.00–1,349.90 9,483 1.2 3,936 1.8 5,547 0.9
1,350.00–1,399.90 7,484 0.9 3,472 1.6 4,012 0.7
1,400.00–1,449.90 7,038 0.9 4,441 2.1 2,597 0.4
1,450.00–1,499.90 5,014 0.6 3,388 1.6 1,626 0.3
1,500.00 or more 9,024 1.1 7,161 3.3 1,863 0.3
Average benefit (dollars) 713.00 806.20 679.40
SOURCE: Social Security Administration, Master Beneficiary Record, 100 percent data.
NOTE: Benefits awarded before the December increase are converted to the December rates before computation of the percentages.
CONTACT: Jennie H. Park (410) 965-9358 or Joseph Bondar (410) 965-0162.
Table 6.B4 Number and percentage distribution with and without reduction for early retirement, by sex and primary insurance amount, 2002
Sex and primary insurance amount (dollars) Total Without reduction
for early retirement		 With reduction
for early retirement
Number Percent Number Percent Number Percent
All retired workers 1,812,551 100.0 523,669 100.0 1,288,882 100.0
Less than 500.00 231,652 12.8 68,300 13.0 163,352 12.7
500.00–549.90 55,894 3.1 20,128 3.8 35,766 2.8
550.00–599.90 76,083 4.2 20,113 3.8 55,970 4.3
600.00–649.90 72,411 4.0 19,869 3.8 52,542 4.1
650.00–699.90 70,106 3.9 19,964 3.8 50,142 3.9
700.00–749.90 67,189 3.7 19,731 3.8 47,458 3.7
750.00–799.90 65,697 3.6 19,737 3.8 45,960 3.6
800.00–849.90 63,363 3.5 19,414 3.7 43,949 3.4
850.00–899.90 62,523 3.4 19,342 3.7 43,181 3.4
900.00–949.90 59,986 3.3 18,609 3.6 41,377 3.2
950.00–999.90 58,495 3.2 18,188 3.5 40,307 3.1
1,000.00–1,049.90 57,042 3.1 17,859 3.4 39,183 3.0
1,050.00–1,099.90 55,642 3.1 17,287 3.3 38,355 3.0
1,100.00–1,149.90 54,792 3.0 16,872 3.2 37,920 2.9
1,150.00–1,199.90 53,176 2.9 16,051 3.1 37,125 2.9
1,200.00–1,249.90 52,312 2.9 15,895 3.0 36,417 2.8
1,250.00–1,299.90 53,107 2.9 17,026 3.3 36,081 2.8
1,300.00–1,349.90 53,895 3.0 18,673 3.6 35,222 2.7
1,350.00–1,399.90 53,003 2.9 17,926 3.4 35,077 2.7
1,400.00–1,449.90 64,004 3.5 22,558 4.3 41,446 3.2
1,450.00–1,499.90 64,995 3.6 19,075 3.6 45,920 3.6
1,500.00 or more 367,184 20.3 81,052 15.5 286,132 22.2
Average primary insurance amount (dollars) 1,026.50 1,000.00 1,037.30
Men 1,001,135 100.0 308,153 100.0 692,982 100.0
Less than 500.00 71,453 7.1 25,582 8.3 45,871 6.6
500.00–549.90 14,479 1.4 6,058 2.0 8,421 1.2
550.00–599.90 18,183 1.8 6,092 2.0 12,091 1.7
600.00–649.90 18,421 1.8 6,439 2.1 11,982 1.7
650.00–699.90 19,140 1.9 6,817 2.2 12,323 1.8
700.00–749.90 19,743 2.0 7,053 2.3 12,690 1.8
750.00–799.90 20,877 2.1 7,623 2.5 13,254 1.9
800.00–849.90 22,145 2.2 8,051 2.6 14,094 2.0
850.00–899.90 23,980 2.4 8,762 2.8 15,218 2.2
900.00–949.90 25,399 2.5 9,208 3.0 16,191 2.3
950.00–999.90 26,882 2.7 9,615 3.1 17,267 2.5
1.000.00–1,049.90 28,895 2.9 10,257 3.3 18,638 2.7
1,050.00–1,099.90 30,634 3.1 10,602 3.4 20,032 2.9
1,100.00–1,149.90 32,797 3.3 11,069 3.6 21,728 3.1
1,150.00–1,199.90 34,057 3.4 11,116 3.6 22,941 3.3
1,200.00–1,249.90 35,400 3.5 11,542 3.7 23,858 3.4
1,250.00–1,299.90 38,018 3.8 13,087 4.2 24,931 3.6
1,300.00–1,349.90 40,638 4.1 14,985 4.9 25,653 3.7
1,350.00–1,399.90 41,113 4.1 14,650 4.8 26,463 3.8
1,400.00–1,449.90 51,333 5.1 18,396 6.0 32,937 4.8
1,450.00–1,499.90 53,886 5.4 15,955 5.2 37,931 5.5
1,500.00 or more 333,662 33.3 75,194 24.4 258,468 37.3
Average primary insurance amount (dollars) 1,219.70 1,154.10 1,248.90
Women 811,416 100.0 215,516 100.0 595,900 100.0
Less than 500.00 160,199 19.7 42,718 19.8 117,481 19.7
500.00–549.90 41,415 5.1 14,070 6.5 27,345 4.6
550.00–599.90 57,900 7.1 14,021 6.5 43,879 7.4
600.00–649.90 53,990 6.7 13,430 6.2 40,560 6.8
650.00–699.90 50,966 6.3 13,147 6.1 37,819 6.3
700.00–749.90 47,446 5.8 12,678 5.9 34,768 5.8
750.00–799.90 44,820 5.5 12,114 5.6 32,706 5.5
800.00–849.90 41,218 5.1 11,363 5.3 29,855 5.0
850.00–899.90 38,543 4.8 10,580 4.9 27,963 4.7
900.00–949.90 34,587 4.3 9,401 4.4 25,186 4.2
950.00–999.90 31,613 3.9 8,573 4.0 23,040 3.9
1,000.00–1,049.90 28,147 3.5 7,602 3.5 20,545 3.4
1,050.00–1,099.90 25,008 3.1 6,685 3.1 18,323 3.1
1,100.00–1,149.90 21,995 2.7 5,803 2.7 16,192 2.7
1,150.00–1,199.90 19,119 2.4 4,935 2.3 14,184 2.4
1,200.00–1,249.90 16,912 2.1 4,353 2.0 12,559 2.1
1,250.00–1,299.90 15,089 1.9 3,939 1.8 11,150 1.9
1,300.00–1,349.90 13,257 1.6 3,688 1.7 9,569 1.6
1,350.00–1,399.90 11,890 1.5 3,276 1.5 8,614 1.4
1,400.00–1,449.90 12,671 1.6 4,162 1.9 8,509 1.4
1,450.00–1,499.90 11,109 1.4 3,120 1.4 7,989 1.3
1,500.00 or more 33,522 4.1 5,858 2.7 27,664 4.6
Average primary insurance amount (dollars) 788.10 779.60 791.20
SOURCE: Social Security Administration, Master Beneficiary Record, 100 percent data.
NOTE: Primary insurance amounts awarded before the December increase are converted to the December rates before computation of the percentages.
CONTACT: Jennie H. Park (410) 965-9358 or Joseph Bondar (410) 965-0162.
Table 6.B5 Number, average age, and percentage distribution, by sex and age, selected years 1940–2002
Year Number
(thousands)		 Average
age		 Percentage distribution by age a
Total,
all ages		 62 63 64 65 66–69 70–74 75 or
older
Total Newly
entitled		 Disability
conversions
Men
1940 117 68.1 100.0 . . . . . . . . . 17.1 17.1 . . . 58.8 16.5 7.6
1945 166 69.6 100.0 . . . . . . . . . 15.9 15.9 . . . 43.3 28.1 12.7
1950 444 68.7 100.0 . . . . . . . . . 21.9 21.9 . . . 47.3 21.0 9.8
1955 629 68.4 100.0 . . . . . . . . . 29.4 29.4 . . . 38.0 24.7 7.8
1960 630 66.8 100.0 . . . . . . . . . 48.1 42.3 5.8 36.6 13.2 2.1
1965 743 65.7 100.0 15.6 10.0 6.0 31.6 25.8 5.8 25.9 7.7 3.2
1970 814 64.4 100.0 19.0 12.8 8.5 48.7 39.6 9.1 9.3 1.3 0.4
1975 902 64.0 100.0 25.8 14.1 9.0 43.6 32.0 11.6 6.5 0.7 0.2
1980 942 63.9 100.0 30.1 13.1 8.5 42.4 31.8 10.6 5.2 0.6 0.1
1985 986 63.7 100.0 45.5 8.2 11.6 31.2 18.2 13.1 2.9 0.5 0.2
1986 1,011 63.7 100.0 47.0 8.2 11.8 29.2 17.2 12.0 3.1 0.6 0.1
1987 970 63.6 100.0 47.6 8.1 11.4 28.8 16.8 12.0 3.4 0.6 0.1
1988 944 63.7 100.0 48.2 8.1 9.9 28.6 16.6 12.0 4.1 0.9 0.2
1989 983 63.7 100.0 48.0 7.1 9.3 30.1 17.5 12.6 4.6 0.7 0.2
1990 964 63.7 100.0 47.2 7.6 11.3 27.6 16.4 11.1 5.1 1.0 0.2
1991 996 63.7 100.0 46.8 8.1 10.9 27.9 17.2 10.7 5.1 0.9 0.2
1992 989 63.7 100.0 48.2 7.3 11.4 27.2 16.6 10.6 5.0 0.8 0.1
1993 980 63.7 100.0 48.7 8.0 11.0 26.7 16.1 10.5 4.5 0.9 0.2
1994 923 63.6 100.0 49.0 7.4 11.4 27.1 15.7 11.5 4.0 1.0 0.1
1995 916 63.7 100.0 49.3 7.3 10.5 27.5 15.8 11.8 4.0 1.1 0.3
1996 895 63.6 100.0 49.9 7.1 9.7 27.6 14.9 12.6 4.5 1.1 0.1
1997 b 904 63.7 100.0 50.5 6.6 9.7 26.9 14.9 12.0 4.7 1.3 0.2
1998 b 909 63.8 100.0 49.6 7.1 9.9 27.3 14.7 12.6 4.6 1.3 0.2
1999 b 940 63.7 100.0 49.3 7.3 9.8 27.4 14.8 12.6 4.7 1.3 0.2
2000 b 1,115 64.1 100.0 41.6 6.1 9.4 31.7 20.3 11.4 9.9 1.1 0.2
2001 b 992 63.7 100.0 46.8 6.7 12.1 30.8 18.1 12.7 2.8 0.7 0.2
2002 b 1,001 63.7 100.0 46.4 7.1 13.8 29.7 17.1 12.6 2.1 0.7 0.2
Women
1940 15 67.4 100.0 . . . . . . . . . 20.8 20.8 . . . 62.3 12.5 4.3
1945 20 68.5 100.0 . . . . . . . . . 24.0 24.0 . . . 45.0 23.6 7.3
1950 123 68.0 100.0 . . . . . . . . . 22.3 22.3 . . . 53.6 19.6 4.4
1955 281 67.8 100.0 . . . . . . . . . 36.6 36.6 . . . 38.7 18.1 6.6
1960 351 65.2 100.0 27.1 13.3 8.1 18.4 17.4 1.0 22.2 8.2 2.7
1965 440 65.3 100.0 32.6 12.1 6.0 19.9 16.9 3.0 17.4 6.7 5.4
1970 524 63.9 100.0 35.8 14.3 7.2 31.3 25.7 5.5 9.2 1.7 0.6
1975 603 63.7 100.0 41.6 13.7 7.0 29.3 22.0 7.3 6.8 1.2 0.4
1980 671 63.5 100.0 45.9 11.5 6.5 29.9 22.1 7.7 5.0 0.9 0.2
1985 697 63.4 100.0 57.9 7.4 9.8 21.3 12.2 9.1 2.6 0.8 0.2
1986 713 63.4 100.0 57.5 7.0 10.4 21.6 12.6 8.9 2.5 0.9 0.2
1987 681 63.3 100.0 58.9 7.2 9.6 20.8 11.8 9.0 2.6 0.7 0.2
1988 667 63.3 100.0 59.4 6.9 7.9 21.8 12.8 9.0 3.1 0.7 0.2
1989 674 63.4 100.0 57.9 6.5 9.4 21.6 12.8 8.8 3.3 1.0 0.3
1990 679 63.5 100.0 55.9 7.2 9.8 21.5 12.7 8.9 4.1 1.0 0.5
1991 685 63.5 100.0 56.1 7.1 9.5 22.3 13.9 8.4 3.8 0.9 0.3
1992 708 63.5 100.0 56.7 6.9 9.8 21.5 12.5 9.0 3.7 1.1 0.3
1993 704 63.5 100.0 56.0 6.8 10.2 22.4 13.6 8.8 3.1 1.1 0.3
1994 690 63.4 100.0 57.6 6.7 10.2 21.0 11.8 9.1 3.3 1.0 0.3
1995 684 63.5 100.0 55.4 6.6 10.1 22.6 12.8 9.7 3.5 1.4 0.4
1996 684 63.4 100.0 57.4 5.9 9.4 22.7 12.5 10.2 3.4 1.0 0.3
1997 b 809 65.4 100.0 48.2 5.5 7.5 19.5 10.5 8.9 4.4 6.4 8.5
1998 b 733 64.0 100.0 53.1 7.0 8.9 22.0 12.4 9.6 4.1 2.4 2.5
1999 b 737 63.6 100.0 55.1 6.8 9.2 22.6 12.5 10.1 3.8 1.8 0.7
2000 b 854 63.8 100.0 52.2 5.9 9.3 23.6 13.9 9.7 6.5 2.2 0.4
2001 b 795 63.7 100.0 51.3 7.1 11.5 23.7 12.8 10.9 3.1 2.6 0.6
2002 b 811 63.6 100.0 52.9 6.6 12.2 23.9 12.7 11.2 2.3 1.8 0.3
a. Age in year of award for 1940 1980. Age in month of award for 1985 2002.
b. Includes conversions from nondisabled widow(er)'s benefits to higher retired-worker benefits.
SOURCE: Social Security Administration, Master Beneficiary Record. Data for 1985–2001 are based on a 1 percent sample. All other years are 100 percent data.
NOTE: . . . = not applicable.
CONTACT: Jennie H. Park (410) 965-9358 or Joseph Bondar (410) 965-0162.