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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 20 - Employees' Benefits |
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Chapter III - Social Security Administration |
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Part 416 - Supplemental Security Income for the Aged, Blind, and Disabled |
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Subpart E - Payment of Benefits, Overpayments, and Underpayments |
§ 416.503 - Minimum monthly benefit amount.
Latest version.
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§ 416.503 Minimum monthly benefit amount.
If you receive an SSI benefit that does not include a State supplement the minimum monthly SSI benefit amount payable is $1. When an SSI benefit amount of less than $1 is payable, the benefit amount will be increased to $1. If you receive an SSI benefit that does include a State supplement and the SSI benefit amount is less than $1 but when added to the State supplement exceeds $1, the SSI benefit amount will not be increased to $1. Rather, we pay the actual amount of the SSI benefit plus the State supplement.
[50 FR 48572, Nov. 26, 1985]