Minimum Ss Payment 2024. In august 2024, the average social security monthly check for all retirement beneficiaries was $1,920.48, according to the social security administration's (ssa) monthly. These “credits” equate to quarters of coverage, or years in which you earned income subject to social.
For each year in which a benefit increase became effective, we provide a special minimum table which relates a year of coverage to a special minimum benefit called a primary insurance. Minimum social security benefits boost payments for low income people with a number of paid work years or a minimum threshold.