Annual Statistical Supplement, 2004

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, 2003
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 1,208,100 1,128,600 27,300 29,100 17,100
62 884,300 833,600 16,600 19,300 11,100
63 125,000 111,000 5,600 4,600 2,900
64 198,800 184,000 5,100 5,200 3,100
Men
Subtotal 632,300 588,400 15,300 16,900 8,500
62 452,200 423,800 9,500 11,200 5,600
63 66,000 59,100 2,600 2,400 1,300
64 114,100 105,500 3,200 3,300 1,600
Women
Subtotal 575,800 540,200 12,000 12,200 8,600
62 432,100 409,800 7,100 8,100 5,500
63 59,000 51,900 3,000 2,200 1,600
64 84,700 78,500 1,900 1,900 1,500
Average primary insurance amount c (dollars)
All beneficiaries
Total 1,077.10 1,072.90 1,144.60 1,170.80 1,131.80
62 1,073.00 1,069.90 1,126.70 1,140.10 1,121.40
63 1,086.40 1,085.90 1,071.40 1,144.00 1,111.90
64 1,089.10 1,078.40 1,283.10 1,308.80 1,187.60
Men
Subtotal 1,299.90 1,296.40 1,367.60 1,362.70 1,376.30
62 1,309.20 1,308.20 1,327.10 1,322.00 1,363.70
63 1,298.70 1,295.50 1,401.10 1,349.20 1,350.60
64 1,264.10 1,249.40 1,460.40 1,510.60 1,441.20
Women
Subtotal 832.30 829.50 860.30 905.00 890.20
62 825.90 823.60 858.60 888.40 874.80
63 849.00 847.10 785.70 920.30 917.90
64 853.40 848.70 984.50 958.20 917.20
Average monthly benefit c (dollars)
All beneficiaries
Total 895.70 891.90 959.90 976.60 943.90
62 851.90 849.90 885.40 900.00 882.00
63 948.00 947.10 944.40 987.20 984.60
64 1,057.70 1,048.90 1,219.20 1,251.40 1,127.60
Men
Subtotal 1,061.00 1,056.80 1,140.10 1,129.70 1,135.80
62 1,016.00 1,014.90 1,037.10 1,028.80 1,064.20
63 1,115.30 1,112.00 1,207.50 1,166.60 1,163.20
64 1,208.20 1,194.50 1,391.10 1,445.40 1,364.40
Women
Subtotal 714.10 712.20 730.10 764.50 754.30
62 680.10 679.20 682.50 722.00 696.60
63 760.90 759.40 716.40 791.60 839.40
64 854.90 853.30 929.70 914.50 875.10
SOURCE: Social Security Administration, Master Beneficiary Record, 1 percent sample.
NOTE: Excludes persons whose benefits were converted from disabled worker to retired worker in 2003. Includes conversions from nondisabled widow(er)'s benefits to higher retired-worker benefits.
a. Includes 6,000 awards for which benefits were withheld for reasons other than earnings.
b. Months of entitlements begin with the month of award and end either in December 2003 or the month before the retired-worker benefit is terminated.
c. Amount for December 2003 or the amount for the latest month of entitlement multiplied by the December benefit increase.
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, 2003
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 1,791,316 100.0 443,198 100.0 1,348,118 100.0
Less than 500.00 266,115 14.9 51,484 11.6 214,631 15.9
500.00–549.90 77,674 4.3 13,915 3.1 63,759 4.7
550.00–599.90 84,836 4.7 15,686 3.5 69,150 5.1
600.00–649.90 85,598 4.8 16,052 3.6 69,546 5.2
650.00–699.90 77,738 4.3 16,302 3.7 61,436 4.6
700.00–749.90 70,407 3.9 16,476 3.7 53,931 4.0
750.00–799.90 67,451 3.8 16,137 3.6 51,314 3.8
800.00–849.90 66,794 3.7 16,926 3.8 49,868 3.7
850.00–899.90 63,112 3.5 15,841 3.6 47,271 3.5
900.00–949.90 62,126 3.5 15,901 3.6 46,225 3.4
950.00–999.90 61,612 3.4 15,631 3.5 45,981 3.4
1,000.00–1,049.90 60,019 3.4 15,316 3.5 44,703 3.3
1,050.00–1,099.90 59,162 3.3 14,953 3.4 44,209 3.3
1,100.00–1,149.90 57,475 3.2 14,486 3.3 42,989 3.2
1,150.00–1,199.90 58,560 3.3 13,768 3.1 44,792 3.3
1,200.00–1,249.90 82,206 4.6 13,388 3.0 68,818 5.1
1,250.00–1,299.90 82,396 4.6 13,040 2.9 69,356 5.1
1,300.00–1,349.90 77,854 4.3 14,401 3.2 63,453 4.7
1,350.00–1,399.90 72,274 4.0 14,240 3.2 58,034 4.3
1,400.00–1,449.90 59,767 3.3 12,849 2.9 46,918 3.5
1,450.00–1,499.90 41,152 2.3 15,487 3.5 25,665 1.9
1,500.00 or more 156,988 8.8 90,919 20.5 66,069 4.9
Average benefit (dollars) 941.30 1,040.38 906.10
Men 969,208 100.0 250,878 100.0 718,330 100.0
Less than 500.00 85,520 8.8 20,006 8.0 65,514 9.1
500.00–549.90 18,913 2.0 4,234 1.7 14,679 2.0
550.00–599.90 19,981 2.1 4,883 1.9 15,098 2.1
600.00–649.90 20,739 2.1 5,129 2.0 15,610 2.2
650.00–699.90 21,603 2.2 5,299 2.1 16,304 2.3
700.00–749.90 23,204 2.4 5,499 2.2 17,705 2.5
750.00–799.90 24,690 2.5 5,893 2.3 18,797 2.6
800.00–849.90 26,894 2.8 6,471 2.6 20,423 2.8
850.00–899.90 28,434 2.9 6,577 2.6 21,857 3.0
900.00–949.90 30,590 3.2 7,138 2.8 23,452 3.3
950.00–999.90 32,972 3.4 7,499 3.0 25,473 3.5
1,000.00–1,049.90 34,327 3.5 7,655 3.1 26,672 3.7
1,050.00–1,099.90 36,140 3.7 7,989 3.2 28,151 3.9
1,100.00–1,149.90 37,358 3.9 8,129 3.2 29,229 4.1
1,150.00–1,199.90 40,870 4.2 8,230 3.3 32,640 4.5
1,200.00–1,249.90 63,058 6.5 8,631 3.4 54,427 7.6
1,250.00–1,299.90 66,837 6.9 8,729 3.5 58,108 8.1
1,300.00–1,349.90 65,707 6.8 10,487 4.2 55,220 7.7
1,350.00–1,399.90 63,208 6.5 10,905 4.3 52,303 7.3
1,400.00–1,449.90 52,892 5.5 9,929 4.0 42,963 6.0
1,450.00–1,499.90 34,508 3.6 11,938 4.8 22,570 3.1
1,500.00 or more 140,763 14.5 79,628 31.7 61,135 8.5
Average benefit (dollars) 1,111.60 1,205.00 1,079.00
Women 822,108 100.0 192,320 100.0 629,788 100.0
Less than 500.00 180,595 22.0 31,478 16.4 149,117 23.7
500.00–549.90 58,761 7.1 9,681 5.0 49,080 7.8
550.00–599.90 64,855 7.9 10,803 5.6 54,052 8.6
600.00–649.90 64,859 7.9 10,923 5.7 53,936 8.6
650.00–699.90 56,135 6.8 11,003 5.7 45,132 7.2
700.00–749.90 47,203 5.7 10,977 5.7 36,226 5.8
750.00–799.90 42,761 5.2 10,244 5.3 32,517 5.2
800.00–849.90 39,900 4.9 10,455 5.4 29,445 4.7
850.00–899.90 34,678 4.2 9,264 4.8 25,414 4.0
900.00–949.90 31,536 3.8 8,763 4.6 22,773 3.6
950.00–999.90 28,640 3.5 8,132 4.2 20,508 3.3
1,000.00–1,049.90 25,692 3.1 7,661 4.0 18,031 2.9
1,050.00–1,099.90 23,022 2.8 6,964 3.6 16,058 2.5
1,100.00–1,149.90 20,117 2.4 6,357 3.3 13,760 2.2
1,150.00–1,199.90 17,690 2.2 5,538 2.9 12,152 1.9
1,200.00–1,249.90 19,148 2.3 4,757 2.5 14,391 2.3
1,250.00–1,299.90 15,559 1.9 4,311 2.2 11,248 1.8
1,300.00–1,349.90 12,147 1.5 3,914 2.0 8,233 1.3
1,350.00–1,399.90 9,066 1.1 3,335 1.7 5,731 0.9
1,400.00–1,449.90 6,875 0.8 2,920 1.5 3,955 0.6
1,450.00–1,499.90 6,644 0.8 3,549 1.8 3,095 0.5
1,500.00 or more 16,225 2.0 11,291 5.9 4,934 0.8
Average benefit (dollars) 740.40 844.00 708.80
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, 2003
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 1,791,316 100.0 443,198 100.0 1,348,118 100.0
Less than 500.00 216,317 12.1 55,764 12.6 160,553 11.9
500.00–549.90 40,810 2.3 15,734 3.6 25,076 1.9
550.00–599.90 69,817 3.9 16,977 3.8 52,840 3.9
600.00–649.90 70,441 3.9 17,103 3.9 53,338 4.0
650.00–699.90 68,316 3.8 16,988 3.8 51,328 3.8
700.00–749.90 65,133 3.6 16,642 3.8 48,491 3.6
750.00–799.90 63,348 3.5 16,483 3.7 46,865 3.5
800.00–849.90 62,502 3.5 16,824 3.8 45,678 3.4
850.00–899.90 59,895 3.3 15,801 3.6 44,094 3.3
900.00–949.90 58,518 3.3 15,807 3.6 42,711 3.2
950.00–999.90 57,021 3.2 15,288 3.4 41,733 3.1
1,000.00–1,049.90 55,027 3.1 14,564 3.3 40,463 3.0
1,050.00–1,099.90 54,038 3.0 14,074 3.2 39,964 3.0
1,100.00–1,149.90 52,164 2.9 13,615 3.1 38,549 2.9
1,150.00–1,199.90 50,838 2.8 12,920 2.9 37,918 2.8
1,200.00–1,249.90 50,074 2.8 12,606 2.8 37,468 2.8
1,250.00–1,299.90 49,278 2.8 12,311 2.8 36,967 2.7
1,300.00–1,349.90 50,041 2.8 14,035 3.2 36,006 2.7
1,350.00–1,399.90 49,613 2.8 14,115 3.2 35,498 2.6
1,400.00–1,449.90 47,247 2.6 12,853 2.9 34,394 2.6
1,450.00–1,499.90 54,901 3.1 15,346 3.5 39,555 2.9
1,500.00 or more 445,977 24.9 87,348 19.7 358,629 26.6
Average primary insurance amount (dollars) 1,068.20 1,027.90 1,081.50
Men 969,208 100.0 250,878 100.0 718,330 100.0
Less than 500.00 66,403 6.9 20,736 8.3 45,667 6.4
500.00–549.90 10,569 1.1 4,535 1.8 6,034 0.8
550.00–599.90 15,999 1.7 4,906 2.0 11,093 1.5
600.00–649.90 16,869 1.7 5,110 2.0 11,759 1.6
650.00–699.90 17,470 1.8 5,270 2.1 12,200 1.7
700.00–749.90 17,541 1.8 5,435 2.2 12,106 1.7
750.00–799.90 18,730 1.9 5,946 2.4 12,784 1.8
800.00–849.90 19,988 2.1 6,428 2.6 13,560 1.9
850.00–899.90 20,936 2.2 6,587 2.6 14,349 2.0
900.00–949.90 22,461 2.3 7,117 2.8 15,344 2.1
950.00–999.90 23,767 2.5 7,474 3.0 16,293 2.3
1.000.00–1,049.90 25,131 2.6 7,619 3.0 17,512 2.4
1,050.00–1,099.90 26,815 2.8 7,959 3.2 18,856 2.6
1,100.00–1,149.90 28,212 2.9 8,102 3.2 20,110 2.8
1,150.00–1,199.90 29,645 3.1 8,231 3.3 21,414 3.0
1,200.00–1,249.90 31,306 3.2 8,626 3.4 22,680 3.2
1,250.00–1,299.90 32,668 3.4 8,750 3.5 23,918 3.3
1,300.00–1,349.90 35,130 3.6 10,578 4.2 24,552 3.4
1,350.00–1,399.90 36,353 3.8 11,148 4.4 25,205 3.5
1,400.00–1,449.90 35,651 3.7 10,271 4.1 25,380 3.5
1,450.00–1,499.90 42,679 4.4 12,123 4.8 30,556 4.3
1,500.00 or more 394,885 40.7 77,927 31.1 316,958 44.1
Average primary insurance amount (dollars) 1,274.30 1,196.70 1,301.40
Women 822,108 100.0 192,320 100.0 629,788 100.0
Less than 500.00 149,914 18.2 35,028 18.2 114,886 18.2
500.00–549.90 30,241 3.7 11,199 5.8 19,042 3.0
550.00–599.90 53,818 6.5 12,071 6.3 41,747 6.6
600.00–649.90 53,572 6.5 11,993 6.2 41,579 6.6
650.00–699.90 50,846 6.2 11,718 6.1 39,128 6.2
700.00–749.90 47,592 5.8 11,207 5.8 36,385 5.8
750.00–799.90 44,618 5.4 10,537 5.5 34,081 5.4
800.00–849.90 42,514 5.2 10,396 5.4 32,118 5.1
850.00–899.90 38,959 4.7 9,214 4.8 29,745 4.7
900.00–949.90 36,057 4.4 8,690 4.5 27,367 4.3
950.00–999.90 33,254 4.0 7,814 4.1 25,440 4.0
1,000.00–1,049.90 29,896 3.6 6,945 3.6 22,951 3.6
1,050.00–1,099.90 27,223 3.3 6,115 3.2 21,108 3.4
1,100.00–1,149.90 23,952 2.9 5,513 2.9 18,439 2.9
1,150.00–1,199.90 21,193 2.6 4,689 2.4 16,504 2.6
1,200.00–1,249.90 18,768 2.3 3,980 2.1 14,788 2.3
1,250.00–1,299.90 16,610 2.0 3,561 1.9 13,049 2.1
1,300.00–1,349.90 14,911 1.8 3,457 1.8 11,454 1.8
1,350.00–1,399.90 13,260 1.6 2,967 1.5 10,293 1.6
1,400.00–1,449.90 11,596 1.4 2,582 1.3 9,014 1.4
1,450.00–1,499.90 12,222 1.5 3,223 1.7 8,999 1.4
1,500.00 or more 51,092 6.2 9,421 4.9 41,671 6.6
Average primary insurance amount (dollars) 825.30 807.80 830.60
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 1940–2003
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
2003 b 969 63.6 100 48.3 7.2 11.9 29.6 20.3 9.3 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
2003 b 822 63.6 100 53.5 6.7 10.6 23.8 15.1 8.7 2.7 2.2 0.5
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.
a. Age in year of award for 1940–1980. Age in month of award for 1985–2003.
b. Includes conversions from nondisabled widow(er)'s benefits to higher retired-worker benefits.
CONTACT: Jennie H. Park (410) 965-9358 or Joseph Bondar (410) 965-0162.