Current Law Projections
- Early Eligibility
Age Beneficiaries
in 2050
Oldest Old
in 2050- Scheduled
vs. Payable
Benefits - Spousal-Only
Beneficiaries
in 2050 - Survivor-Only
Beneficiaries
in 2050 - Women & Dual
Entitlement,
2025–2080 - Why Will
Poverty Decline
for Beneficiaries?
Scheduled vs. Payable Benefits
Released: April 2012Next expected update: Spring 2014
DEFINITIONS:
- Scheduled benefits are benefits specified under current law without regard to the balances in the Social Security trust funds.
- Payable benefits are what can be paid to all beneficiaries after trust fund exhaustion, currently projected to occur in 2036.
Average (Median) Monthly Benefit, 2030–2070a
In 2012 dollars
SOURCE: Modeling Income in the Near Term, Version 6 (MINT6) microsimulation model using 2011 Trustees Report intermediate assumptions.
Difference Between Scheduled and Payable Benefits, 2012–2080a
SOURCE: Assumptions from the 2011 Trustees Report.
Poverty Rate, 2012–2080a
SOURCE: Modeling Income in the Near Term, Version 6 (MINT6) microsimulation model using 2011 Trustees Report intermediate assumptions.
a. All projections are for beneficiaries aged 60 or older.