What was maximum Social Security benefit in 2011?
Taxes payable
| Type of earner | Total | OASI |
|---|---|---|
| Average earner | 2,459 | 1,562 |
| Maximum earner | 4,486 | 3,834 |
| Self-employed maximum earner | 11,107 | 9,495 |
| NOTE: Totals do not necessarily equal the sum of rounded components. |
What was the maximum Social Security benefit in 2010?
Worker with steady earnings at the maximum level since age 22
| Retirement in Jan. | Retirement at age 62 a | Retirement at age 66 c |
|---|---|---|
| AIME | Monthly benefits | |
| 2008 | 7,260 | 2,212 |
| 2009 | 7,685 | 2,323 |
| 2010 | 7,949 | 2,346 |
What was SSI in 2010?
The 2010 federal SSI benefit rate for an individual living in his or her own household and with no other countable income is $674 monthly; for a couple (with both husband and wife eligible), the SSI benefit rate is $1,011 monthly. Payments under SSI began in January 1974.
What was SGA in 2011?
Monthly substantial gainful activity amounts by disability type
| Year | Blind | Non-blind |
|---|---|---|
| 2009 | 1,640 | 980 |
| 2010 | 1,640 | 1,000 |
| 2011 | 1,640 | 1,000 |
| 2012 | 1,690 | 1,010 |
What was the retirement age in 2000?
62
The age for collecting full Social Security retirement benefits will gradually increase from 65 to 67 over a 22-year period beginning in 2000 for those retiring at 62. The earliest a person can start receiving reduced Social Security retirement benefits will remain age 62.
What was the full retirement age in 2010?
67
Age for full retirement benefit for retired workers
| Year of birth | Full retirement age |
|---|---|
| 1957 | 66 and 6 months |
| 1958 | 66 and 8 months |
| 1959 | 66 and 10 months |
| 1960 and later | 67 |
What is the meaning of invalidity pension?
What Invalidity Pension is. Invalidity Pension is a weekly payment to people who cannot work because of a long-term illness or disability and are covered by social insurance (PRSI). Once you reach the age of 66, you transfer automatically to the State Pension (Contributory) at the full rate.
Do class A contributions count for invalidity pension?
Only class A, E, H and S contributions count for Invalidity Pension. To get Invalidity Pension you must have at least: 260 weeks of paid PRSI contributions (5 years) since entering social insurance and 48 weeks of paid or credited PRSI contributions in the last OR second-last complete contribution year before the relevant date.
Which PRSI contributions count for invalidity pension?
Only class A, E, H and S contributions count for Invalidity Pension. To get Invalidity Pension you must have at least: 260 weeks of paid PRSI contributions (5 years) since entering social insurance and
Are PRSI and USC charged on invalidity pension payments?
PRSI and USC are not charged on Invalidity Pension payments. To qualify you must satisfy both medical and social insurance (PRSI) conditions. have been incapable of work for at least 12 months and be likely to be incapable of work for at least another 12 months (you may have been getting Illness Benefit or Disability Allowance during that time) or