Adjustment to Ssi Checks of Persons with Disabilities As a Result of Employment
Total Page:16
File Type:pdf, Size:1020Kb
ADJUSTMENT TO SSI CHECKS OF PERSONS WITH DISABILITIES AS A RESULT OF EMPLOYMENT
Many persons with permanent disabilities currently receive an SSI check of $733/mo. maximum and $488.00 minimum check (if living in the home of someone else furnishing room and board). It is not true that the SSI check of a person with disabilities will be automatically terminated when they go to work. Instead, when a person receives a wage as a result of employment, adjustments will be made according to the following chart: (SS CHECK) (YOU EARN) (SS CHECK REDUCED) (NEW SS CHECK AMT) (NEW SS CHECK + YOUR EARNINGS)
$733 mo 0 0 $733.00 mo $733.00 mo
$733 mo $240 mo $ 77.50 mo $655.50 mo $895.50 mo
$733 mo $320 mo $117.50 mo $615.50 mo $935.50 mo
$733 mo $400 mo $157.50 mo $575.50 mo $975.50 mo
$733 mo $480 mo $197.50 mo $535.50 mo $1,015.50 mo
$733 mo $560 mo $237.50 mo $495.50 mo $1,055.50 mo
$733 mo $640 mo $277.50 mo $455.50 mo $1,095.50 mo
$733 mo $680 mo $297.50 mo $435.50 mo $1,115.50 mo
$733 mo $760 mo $337.50 mo $395.50 mo $1,155.50 mo
$733 mo $840 mo $377.50 mo $355.50 mo $1,195.50 mo
$733 mo $920 mo $417.50 mo $315.50 mo $1,235.50 mo
$733 mo $1,000 mo $457.50 mo $275.50 mo $1,275.50 mo
$733 mo $1,200 mo $557.50 mo $175.50 mo $1,375.50 mo
(*1)The KY Threshold amount = $29,651 for 2015 (*2)Your adjusted check may vary slightly, depending on: a) the number of weeks in preceding months, and b) the time lag between receipt of information by Social Security. (*3)All above earnings are calculated on a 4week month. MINIMUM WAGE = $7.25 per hr. (Revised 01/15/2015)
ADJUSTMENT TO SSI CHECKS OF PERSONS WITH DISABILITIES AS A RESULT OF EMPLOYMENT
Many persons with permanent disabilities currently receive an SSI check of $733/month maximum and $488.00 minimum check (if living in the home of someone else furnishing room and board). It is not true that the SSI check of a person with disabilities will be automatically terminate when they go to work. Instead, when a person receives a wage as a result of employment, his check will be adjusted according to the following chart:
(SS CHECK) (YOU EARN) (SS CHECK REDUCED) (NEW SS CHECK AMT) (NEW SS CHECK + YOUR EARNINGS)
$488.00 mo 0 0 $488.00 mo $488.00 mo
$488.00 mo $160 mo $ 37.50 mo $450.50 mo $610.50 mo
$488.00 mo $240 mo $ 77.50 mo $410.50 mo $650.50 mo
$488.00 mo $320 mo $117.50 mo $370.50 mo $690.50 mo
$488.00 mo $400 mo $157.50 mo $330.50 mo $730.50 mo
$488.00 mo $480 mo $197.50 mo $290.50 mo $770.50 mo
$488.00 mo $560 mo $237.50 mo $250.50 mo $810.50 mo
$488.00 mo $640 mo $277.50 mo $210.50 mo $850.50 mo
$488.00 mo $720 mo $317.50 mo $170.50 mo $890.50 mo
(*1)The KY Threshold amount = $29,651 for 2015 (*2)Your adjusted check may vary slightly, depending on: a) the number of weeks in preceding month, and b) the time lag between receipt of information by Social Security. (*3)Above earnings are calculated on a 4 week month.
For further information and assistance, be sure to contact your local Social Security Office. Web address: http://www.socialsecurity.gov/work (Revised 01/15/2015)