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Old 01-16-2015, 06:54 AM
 
Location: Texas
29 posts, read 45,500 times
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I have heard several theories on how your benefit is calculated. Highest of total years worked, top 15 years out of total, top years in the past X amount of years

I've read SSI web site, but it is vague. (or I'm just dense!)
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Old 01-16-2015, 01:41 PM
 
Location: Traveling
7,020 posts, read 6,244,557 times
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It's my understanding that it is the top 5 years of 35 years, but there are a lot more knowledgeable people on here than me.
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Old 01-16-2015, 01:48 PM
 
Location: Pennsylvania
30,304 posts, read 16,055,064 times
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How Is Your Social Security Benefit Calculated - Wage Earners - AARP



simplest explanation I've found.
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Old 01-16-2015, 01:53 PM
 
Location: Traveling
7,020 posts, read 6,244,557 times
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Perfect. I knew someone would come through.
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Old 01-16-2015, 06:02 PM
 
1,774 posts, read 1,181,221 times
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SSI is Supplemental Security Income, a program for disabled people. You do not have to have paid in to collect. Are you talking about that or Social Security for ordinary working folks?
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Old 01-17-2015, 09:00 AM
 
Location: Texas
29 posts, read 45,500 times
Reputation: 45
Quote:
Originally Posted by HollyhockGarden View Post
SSI is Supplemental Security Income, a program for disabled people. You do not have to have paid in to collect. Are you talking about that or Social Security for ordinary working folks?
My mistake. Social Security for non disabled folks.
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Old 07-05-2015, 01:10 PM
 
3,960 posts, read 3,574,905 times
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I think Social Security for elderly/non disabled people is called SSA
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Old 07-05-2015, 02:36 PM
 
Location: Central IL
20,726 posts, read 16,250,320 times
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The main difference between Social Security Disability (SSD, or SSDI) and Supplemental Security Income (SSI) is the fact that SSD is available to workers who have accumulated a sufficient number of work credits, while SSI disability benefits are available to low-income individuals who have either never worked or who haven't earned enough work credits to qualify for SSD.

While many people don't distinguish between SSI (Supplemental Security Income) and SSDI (Social Security Disability Insurance), they are two completely different governmental programs. While both programs are overseen and managed by the Social Security Administration, and medical eligibility is determined in the same manner for both programs, there are distinct differences between the two.
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Old 07-05-2015, 04:09 PM
 
Location: Northern panhandle WV
3,007 posts, read 3,116,257 times
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Social security retirement benefits are taken from your 35 highest years of work, if you worked less than 35 years, any missing years will be calculated at 0.
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Old 07-05-2015, 04:16 PM
 
Location: Northern panhandle WV
3,007 posts, read 3,116,257 times
Reputation: 6796
Social security retirement benefits are taken from your 35 highest years of work, if you worked less than 35 years, any missing years will be calculated at 0.
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