Overview of Social Security Disability Programs and Work Incentives - slide 18
PASS Example:
Unearned Income $ 220.00
General Income Exclusion (GIE) – $ 20.00
Countable Unearned Income $ 200.00
Gross Earned Income $ 462.00
Student-Earned Income Exclusion – $ 0
Remainder $ 462.00
GIE if not used above – $ 0
Remainder $ 462.00
Earned Income Exclusion – $ 65.00
Remainder $ 397.00
Impair. Related Work Exp. – $ 0
Remainder $ 397.00
Divided by 2 $ /2
Remainder $ 198.50
Work Expenses if Blind – $ 0
Total Countable Earned Income $ 198.50
Total Countable Unearned Income $ 200.00
Total Countable Earned Income + $ 198.50
Countable Income $ 398.50
PASS Deduction – $ 150.00
Total Countable Income $ 248.50
Base SSI Rate $ 674.00
Total Countable Income – $ 248.50
SSI Payment $ 425.50
Let’s look at an example of a PASS. Jerry is receiving $220 in SSDI and is working earning $462 per month. He has a PASS approved to assist him in reaching his occupational goal of being a graphic designer. For his PASS, he is putting $150 away each month to help him meet this goal. He is using his PASS money to help pay for the schooling he needs to become a graphic designer. So you would insert the unearned income or SSDI into the equation and the earned income from work into the equation to come up with a total countable unearned income of $200 and Total countable earned income of $198.50. In the next step you add these two figures together and then subtract the amount of money he is using for his PASS.
This leaves Jerry with a Total countable income of $248.50. When you deduct this from the base SSI rate for 2010, Jerry will have an adjusted SSI payment of $425.50.