Friday, July 30, 2010

2010 PASS Update: $178,780,000 (About $179 Million!) Still Available Yearly for WV Economic Development

In December 2009, there were 25,540 individuals in West Virginia receiving both SSI and SSDI benefits. Click here for the 2009 version of this post, which briefly describes the "perfect Plan to Achieve Self-Support (PASS) potential" of SSI/SSDI beneficiaries. The average PASS totals about $7,000/year, which means that there is potentially $178,780,000 available for these beneficiaries to use towards a work goal.

Some West Virginia PASSes from the last year or so:

Over the life of these four PASSes (assuming the self-employment PASS will be approved), approximately $82,000 of additional resources will be set aside by these individuals for use towards a work goal.