SSDI (social security disability) payments are based on what you have
earned during your work history. It is a highly complicated process
because it is based on your earnings over time and how much you have
paid into the system. You will not receive how much you were making
when you stopped working, because as a general rule no one has earned
that same amount the entire time they have worked. How much you made
when you were 16 effects your benefits. At the same time, the longer
you work generally the higher this amount will become because in later
years of working most people earn more it so it makes the amount go up.
Using me as an example, I started working at 16, and stopped at 35.
The amount I receive is about 30% of the salary I was making when I left
work. As anyone can see, if your salary has grown over time, your
benefit will not match that because the years you paid in much less
still count in the calculation.
The average payment is around $1100, but can range from $100 up to close
to $2000 a month. Keep in mind, if someone receiving SSDI payments has
minor children, under 18, they receive benefits based on yours, at 1/2
of that amount. So for example, if your benefit amount is $800 a month
each of your minor children get $400 a month paid to you. If you have
minor children you are required every year to report the "amount of
benefits spent on their care".
Hope that helps
Kelly
On 10/2/2010 10:05 PM, Dave Fales wrote:
> out of curiosity how do they figure out how much to pay each month I know
> if I was paying rent or if my house wasn't paid off and I was paying
> payments there would be no way I would be able to pay the rent or payments
> they should pay more then they do do they pay every one the same amount or
> how do they determine the amount they pay
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