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Automatic Increases
Contribution & Benefit Base
Wage-indexed Amounts |
Method for determining the base
The formula for determining the OASDI contribution and benefit base
is set by law. The formula is applicable only if a
cost-of-living increase becomes
effective for December of the year in which a determination of
the base would ordinarily be made. Because there is no cost-of-living increase for December 2009, the formula is not applicable. Thus the base for 2010 is the
same as the 2009 base, $106,800.
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www.socialsecurity.gov
