SOCIAL SECURITY ADMINISTRATION Old Age and Survivors Insurance Benefits Upon Retirement or Death After March 31, 1952(a) Average Monthly Wage After 1950(b) Retired Worker Worker and Spouse or Child Child or Widow or Widower or Parent Widow and Two Children Lump-Sum Death Payment $30 or less $20.00 $ 30.00 $15.00 $ 40.00* $ 60.00 $35-$50 25.00 37.50 18.80 40.00* 75.00 $100 50.00 75.00 37.50 80.00* 150.00 $150 57.50 86.30 43.20 115.20 172.50 $200 65.00 97.50 48.80 130.20 195.00 $250 72.50 108.80 54.40 145.20 217.50 $300 80.00 120.00 60.00 150.00* 240.00 *Maximum family benefits are 80% of the average monthly wage or $150 whichever is the least. There is no adjust- ment for maximum unless family benefits of more than $40 are payable. (a) If a higher benefit would result by using wages earned in covered employment after 1936, the old formula would be used, and the resulting amount converted to a higher benefit as provided by law. (b) Average monthly wage equals wages earned in covered employment, and self-employment income after 1950, divided by all months after 1950 and up to the point of computation. Only $3600 a calendar year can be used. NOTE: The nearest social security office should be con- sulted when the worker becomes 65 or dies. No benefits can be paid for any month in which the beneficiary, while under age 75, works for "wages" or self-employment income of more than $50.