Supplemental Security Income recipients are eagerly anticipating their first June payment, amounting to $914 for individual filers, scheduled to arrive in just over a week. The initial payment, slated for distribution on June 1, marks the first of two checks scheduled for June, owing to a scheduling anomaly at the Social Security Administration. The second payment will be dispatched on June 30, as July 1 falls on a Saturday.
The amount of money received by different groups varies within the Supplemental Security Income program. Individual filers are granted $914 per month, eligible couples receive $1,371, and essential persons—those who reside with SSI recipients and provide them with necessary care—receive a Social Security monthly payment of $458.
Regular Social Security benefits received by retirees
It’s important to note that SSI payments are distinct from regular Social Security benefits received by retirees. SSI offers monthly financial assistance to adults and children with blindness or other disabilities and limited income. To qualify for SSI, an individual must be 65 or older, completely or partially blind, or have a “physical or mental condition(s) that significantly restricts their daily activities for a minimum of 12 months or is expected to result in death.”
While SSI payments are typically disbursed on the first day of each month, exceptions are made when the first day falls on a weekend or holiday. In such cases, the Social Security Administration ensures that monthly SSI checks are sent on the last business day prior to the beginning of the month.
Beneficiaries can rest assured that despite the adjusted schedule, they will still receive a total of 12 checks per year, albeit with some months receiving two payments while others receive none. In the current year, four months—March, June, September, and December—will see the delivery of two payments within the same month. This occurrence is a result of weekends or holidays falling on the first day of the month in April, July, and October. It is worth noting that January 1 is consistently observed as a holiday.
The Social Security Administration initiated SSI payments in January 1974, and since 1975, the agency has made adjustments to the payment rates to account for changes in the cost of living.