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Absent Reform, Average Disability Benefit Could Fall Below Poverty Level

Created on August 1, 2014

Absent Reform, Average Disability Benefit Could Fall Below Poverty Level

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Read the original report, "Social Security Disability Insurance Trust Fund Will Be Exhausted in Just Two Years: Beneficiaries Facing Nearly 20 Percent Cut in Benefits," by Rachel Greszler.

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Source: Author’s calculations based on data from the Social Security Administration, “Monthly Statistical Snapshot, April 2014,” http://www.ssa.gov/policy/docs/quickfacts/stat_snapshot/ (accessed June 20, 2014); Social Security Administration, 2014 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds, July 28, 2014, http://www.socialsecurity.gov/OACT/TR/2014/ index.html (accessed July 28, 2014); and the U.S. Department of Health and Human Services 2014 Federal Poverty Guidelines, http://aspe.hhs.gov/poverty/14poverty.cfm (accessed July 21, 2014).

CHART 1 • BG 2937

Tags: Social-Security, disability-insurance, trust-fund, beneficiaries, poverty-level