Beneficiaries who have between 30 and 39 quarters of coverage
may buy into Part A at a reduced monthly premium rate, which is $234 for 2014, a decrease of $9.
Alternately, Title XVI Supplemental Security Income disability benefits may be awarded to disabled individuals who have not worked or who do not have sufficient quarters of coverage
, provided they meet a defined income and resources test.
(1) He or she is fully insured by: (a) accumulating 40 quarters of coverage
(a total of ten years of covered work); or (b) accumulating at least six quarters of coverage
provided he or she has acquired at least as many quarters of coverage
as there are years elapsing after 1950 (or, if later, after the year in which he or she reaches age 21) and before the year in which he or she becomes disabled.
This is a second qualifier used to determine if you are eligible for SSDI benefits, and it's also based on your quarters of coverage
. If you have 40 quarters of coverage
, you are fully insured.
A transitional provision provides credit for retroactive hospital quarters of coverage
for federal employees who were employed before 1983 and also on January 1, 1983.
(3) The number of credits (i.e., quarters of coverage
, not exceeding 40) that the individual has for both Social Security and Medicare Hospital Insurance purposes, and the number the individual needs to be eligible for Social Security benefits and also for Medicare Hospital Insurance coverage.
He is fully insured by: (1) accumulating 40 quarters of coverage
(a total of ten years of covered work); or (2) accumulating at least six quarters of coverage
provided he has acquired at least as many quarters of coverage
as there are years elapsing after 1950 (or, if later, after the year in which he reaches age 21) and before the year in which he becomes disabled.
If both are fully insured (having a minimum of 40 consecutive quarters of coverage
) under social security, they can take advantage of a little-known option for married workers that can stretch their retirement income.
Quarters of coverage
can be acquired even before age 21 or after retirement age.
Beneficiaries who have less than 30 quarters of coverage
would have to pay $432, up $13 from the current $419.
The Court stated that in all likelihood, Nierotko "reflected concern that the benefits scheme created in 1939 would be disserved by allowing an employer's wrongdoing to reduce the quarters of coverage
an employee would otherwise be entitled to claim toward eligibility.
As a general rule, fully insured status is obtained once the individual acquires 40 quarters of coverage
. Full benefits are available at age 65, with reduced benefits available at age 62.