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Current as of October 02, 2022 | Updated by FindLaw Staff
The amount of each monthly outcome payment under the outcome payment system is calculated as follows:
(1) For title II disability beneficiaries (including concurrent title II/title XVI disability beneficiaries), an outcome payment is equal to 67% of the payment calculation base as defined in § 411.500(a)(1) for the calendar year in which the month occurs, rounded to the nearest whole dollar;
(2) For title XVI disability beneficiaries (who are not concurrently title II/title XVI disability beneficiaries), an outcome payment is equal to 67% of the payment calculation base as defined in § 411.500(a)(2) for the calendar year in which the month occurs, rounded to the nearest whole dollar.
Chart II—New Outcome Payment System Table—Title II and Concurrent |
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[2008 figures for illustration only] |
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Payment type |
Beneficiary earnings |
Title II amount of monthly outcome payment |
Title II total outcome payments |
Outcome payments 1-36 (67% of PCB) |
Monthly cash benefit not payable due to SGA |
$657.00 |
$23,652 |
Chart III—New Outcome Payment System Table—Title XVI Only |
|||
---|---|---|---|
[2008 figures for illustration only] |
|||
Payment type |
Beneficiary earnings |
Title XVI amount of monthly outcome payment |
Title XVI total outcome payments |
Outcome payments 1-60 (67% of PCB) |
Earnings sufficient to “0” out Federal SSI cash benefits |
$377.00 |
$22,620 |
Note: Outcome payment (outcome payment system) = 67% of PCB Individual payments are rounded to the nearest dollar amount.
2008 non-blind SGA level = $940.
2008 Blind SGA = $1570.
2008 TWP service amount = $670.
Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.411.550 How are the outcome payments calculated under the outcome payment system? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-411-550/
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