The second of two March Supplemental Security Income payments, worth $914 for individual filers, was disbursed Friday. The first disbursement, March's regular payment, was sent to all eligible recipients on March 1.
The first disbursement, March's regular payment, was sent to all eligible recipients on March 1. The second payment took the place of April's payment because April 1 is on a Saturday this year.Groups that also qualified for payments included certain couples, who received two payments of $1,371 each in March, and essential people, who live with a person receiving SSI and provide them with necessary care. Essential people received two checks for $458 each.
The Social Security Administration typically issues one monthly SSI check, disbursed on the first day of the month. But when the first day of a month lands on a holiday or weekend, the administration releases the checks on the last business day of the previous month to ensure recipients have the check by the first, according to the agency.
There are three other months this year in which people will see two payments: June, September, and December. This is because the first of the month occurs on a weekend in July and October. December sees two checks every year because Jan. 1 is a federal holiday.SSI payments were first issued by the Social Security Administration in January 1974, and the amount recipients receive has increased for cost-of-living adjustments each year since 1975, the agency said.
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Social Security update: Direct payment worth $914 to arrive in one dayThe second of March's double Supplemental Security Income payments, worth $914 for individual filers, will be sent out to recipients Friday. The payment will be delivered on the last day of March.
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