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Social Security Retirement Insurance

Program Information

Popular name

Retirement (RIB)

Program Number

96.002

Sub-agency

N/A

Program objective

The Social Security Retirement benefit is a monthly payment that replaces part of your income when you reduce your hours or stop working altogether. The monthly payment does not replace all of your income.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

Code of Federal Regulations, Title 20, Parts 401, 404, and 422. "Your Social Security", "Thinking About Retiring", and many other publications are available from any Social Security office without charge.

Program details

Eligible applicants

Eligible beneficiaries

  • Child (6-15)
  • Individual/Family
  • Infant (0-5)
  • Pension Recipient
  • Senior Citizen (60+)
  • Women
  • Youth (16-21)

Additional resources