Examples of monthly cash benefit awards to selected beneficiary families under the 1971, 1972, and 1973 amendments to the Social Security Act-Continued 356.80 1 surviving child. $93.80 Widow aged 65 and over and 1 child 2 140.80 Widowed mother and 2 children.. 140.80 181.20 257.10 296.80 351.70 93.80 120.80 171.40 194.10 214.40 236.80 259.00 278.20 299.40 320.20 367.50 393.50 426.80 449.00 224.60 336.80 785.80 673.60 785.80 472.60 519.40 549.30 579.80 643.10 688.70 747.00 785.80 Maximum family benefits.. 1 For beneficiaries on the rolls before the effective date of the benefits under the amendments, the benefits for the indicated beneficiary families may be higher than those shown in the table because the amendments specified that each beneficiary was to get an increase of at least 10 percent under the 1971 amendments, 20 percent under the 1972 amendments, and 11 percent under the 1973 amendments, irrespective of the applicable maximum family benefit amount. Limited to amount husband would have been receiving if still living but not less than 821⁄2 percent of his PIA. Sole survivor. NOTE: The higher monthly earnings shown in the column headings on the right are not, in general, possible now, since earnings in some of the earlier years, when the maximum amount creditable was lower, must be included in the average. Therefore, the benefit amounts shown in these columns are not generally payable until later. (In 1974, the highest average monthly earnings possible is $511 for a male worker retiring at age 65 and $543 for a woman.) |