94-486 – Supplemental Security Income (SSI) – 1/25/2013

$5.95

Supplemental Security Income (SSI)

Description

Author: Umar Moulta-Ali, Analyst in Disability Policy

Pages: 3

The Supplemental Security Income (SSI) program, enacted in 1974, is a needs-based program that provides cash benefits designed to ensure a minimum income to aged, blind, or disabled persons with limited income and assets. The SSI program is a means-tested program that does not have work or contribution requirements, but restricts benefits to those who meet asset and resource limitations. In December 2012, the SSI program had more than 8.2 million participants, who received almost $4.6 billion in benefits. The Social Security Administration (SSA) estimates that federal payments for SSI benefits will reach approximately $52 billion in calendar year 2012. Funding for the SSI program is provided by Congress in the annual Departments of Labor, Health and Human Services, Education and Related Agencies appropriations bill.