Social Security Fast Facts

Personal Injury Blog

The Social Security Administration (SSA) released their 2016 edition of Fast Facts & Figures about Social Security, which highlights data for Social Security and Supplemental Security Income (SSI) benefits. We have listed some highlights for you below.

Current Social Security Benefit Statistics

  • 85% of married couples and 84% of single people 65 years or older received Social Security benefits in 2014.
  • 48% of aged beneficiary couples and 71% of aged unmarried beneficiaries count on Social Security as their major source of income (Social Security provides over 50% of total income).
  • Social Security benefits provide 90% or more of total income for 21% of aged beneficiary couples and 43% of aged non-married beneficiaries.

New Benefit Award Statistics for 2015

Social Security benefits were awarded to approximately 5.4 million people nationwide in 2015. Of those, 14% were disabled workers and another 52% were retired. Survivors or spouses account for the remaining 34%. These numbers include anyone who received new benefits, including if the individual was reclassified and entitled to different benefits.

New Social Security Benefit Awards by Type of Beneficiary

Retirees & Dependents 3,305,000 (63%)

  • Retired Workers = 2,794,000 (52%)
  • Spouses & Children = 511,000 (10%)

Disabled Workers & Dependents = 1,367,000 (21%)

  • Disabled Workers = 869,000 (14%)
  • Disabled Workers’ Spouses & Children = 498,000 (8%)

Survivors of Deceased Workers = 862,000 (16%)

Beneficiaries by Age

  • Under 18 = 5%
  • 18-61 = 14%
  • 62-64 = 9%
  • 65-74 = 41%
  • 75-84 = 22%
  • 85 or older = 9%

Contact a proven Pennsylvania Social Security Disability attorneyat Handler, Henning & Rosenberg LLP today for a free consultation about your SSD claim.

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