Proposed Provision: Price indexing of PIA formula factors beginning with those newly eligible for OASDI benefits in 2018: Reduce PIA formula factors so that initial benefits grow by inflation rather than by increases in real wages.

OASDI Cost Rates and Income Rates
(as a percentage of taxable payroll)

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201112.512.513.313.3
201212.912.913.213.2
201312.912.913.213.2
201412.912.913.213.2
201512.912.913.213.2
201613.013.013.313.3
201713.013.013.513.5
201813.013.013.613.6
201913.013.013.913.9
202013.113.114.214.2
202113.113.114.514.5
202213.113.114.814.7
202313.113.115.115.0
202413.113.115.415.2
202513.113.115.715.4
202613.213.115.915.6
202713.213.216.115.7
202813.213.216.315.8
202913.213.216.515.9
203013.213.216.715.9
203113.213.216.815.9
203213.213.216.915.9
203313.213.216.915.9
203413.213.217.015.8
203513.213.217.015.7
203613.213.217.015.6
203713.213.217.015.5
203813.213.217.015.4
203913.213.217.015.2
204013.213.217.015.0
204113.213.116.914.9
204213.213.116.914.7
204313.213.116.814.5
204413.213.116.814.3
204513.213.116.814.2
204613.213.116.814.0
204713.213.116.713.8
204813.213.116.713.7
204913.213.116.713.5
205013.213.116.713.3
205113.213.116.713.2
205213.213.116.713.0
205313.213.016.712.9
205413.213.016.712.7
205513.313.016.712.6
205613.313.016.712.5
205713.313.016.812.4
205813.313.016.812.2
205913.313.016.812.1
206013.313.016.812.0
206113.313.016.811.8
206213.313.016.811.7
206313.313.016.811.6
206413.313.016.811.5
206513.313.016.911.4
206613.313.016.911.3
206713.313.016.911.2
206813.313.016.911.1
206913.313.017.011.0
207013.312.917.010.9
207113.312.917.010.8
207213.312.917.110.7
207313.312.917.110.6
207413.312.917.110.5
207513.312.917.210.4
207613.312.917.210.3
207713.312.917.210.2
207813.312.917.310.1
207913.312.917.310.0
208013.312.917.49.9
208113.312.917.49.9
208213.312.917.49.8
208313.312.917.59.7
208413.312.917.59.6
208513.312.917.69.5
208613.312.917.69.4
back