or their payment levels when Federal standards are increased. Length and Time Phasing of Assistance: Benefits are paid monthly. Accrued benefits are paid in a lump sum unless they exceed a specified amount in which case they are paid in up to three installments at 6 month intervals. 459 POST ASSISTANCE REQUIREMENTS: Reports: Any change of address or any event affecting eligibility or benefit amount (such as an increase in resources or income or improvement of disabling condition) must be reported to the Social Security Administration when the event occurs. Audits: None. Records: None. FINANCIAL INFORMATION: Account Identification: 75-0406-0-1-609. Obligations: (Benefit Payments) FY 99 $28,117,000,000; FY 00 est $29,189,000,000; and FY 01 est $30,483,000,000. Range and Average of Financial Assistance: Monthly Federal cash payments range from $1 to $512 for an aged, blind, or disabled individual who does not have an eligible spouse, and from $1 to $769 for an aged, blind, or disabled individual and an eligible spouse. These rates became effective January 2000. The estimated average Federal monthly benefit for fiscal year 1999 is $368. The estimated average Federal monthly benefit for fiscal year 2000 is $378. PROGAM ACCOMPLISHMENTS: In fiscal year 1999, an average of 6,604,200 persons per month were Federal Supplemental Security Income recipients. It is estimated that in fiscal
|
