|
Table 1.--Indexing Factors and Average
Wages 1951-2008
| Year |
National
Wage
Series |
Indexing Factors for worker
where first year of eligibility is in |
|
1951 |
2,799.16 |
13.2014390 |
13.8082175 |
14.4348590 |
14.7669194 |
|
1952 |
2,973.32 |
12.4281746 |
12.9994114 |
13.5893479 |
13.9019581 |
|
1953 |
3,139.44 |
11.7705514 |
12.3115619 |
12.8702826 |
13.1663513 |
|
1954 |
3,155.64 |
11.7101254 |
12.2483585 |
12.8042109 |
13.0987597 |
|
1955 |
3,301.44 |
11.1929764 |
11.7074398 |
12.2387443 |
12.5202851 |
|
1956 |
3,532.36 |
10.4612610 |
10.9420925 |
11.4386642 |
11.7017999 |
|
1957 |
3,641.72 |
10.1471118 |
10.6135041 |
11.0951638 |
11.3503976 |
|
1958 |
3,673.80 |
10.0585062 |
10.5208259 |
10.9982797 |
11.2512848 |
|
1959 |
3,855.80 |
9.5837284 |
10.0242258 |
10.4791431 |
10.7202059 |
|
1960 |
4,007.12 |
9.2218202 |
9.6456832 |
10.0834215 |
10.3153811 |
|
1961 |
4,086.76 |
9.0421116 |
9.4577147 |
9.8869226 |
10.1143620 |
|
1962 |
4,291.40 |
8.6109288 |
9.0067134 |
9.4154542 |
9.6320478 |
|
1963 |
4,396.64 |
8.4048137 |
8.7911246 |
9.1900815 |
9.4014907 |
|
1964 |
4,576.32 |
8.0748156 |
8.4459588 |
8.8292515 |
9.0323601 |
|
1965 |
4,658.72 |
7.9319942 |
8.2965729 |
8.6730862 |
8.8726023 |
|
1966 |
4,938.36 |
7.4828364 |
7.8267704 |
8.1819632 |
8.3701816 |
|
1967 |
5,213.44 |
7.0880148 |
7.4138016 |
7.7502532 |
7.9285405 |
|
1968 |
5,571.76 |
6.6321844 |
6.9370199 |
7.2518343 |
7.4186559 |
|
1969 |
5,893.76 |
6.2698413 |
6.5580224 |
6.8556371 |
7.0133446 |
|
1970 |
6,186.24 |
5.9734087 |
6.2479648 |
6.5315086 |
6.6817598 |
|
1971 |
6,497.08 |
5.6876227 |
5.9490433 |
6.2190215 |
6.3620842 |
|
1972 |
7,133.80 |
5.1799798 |
5.4180675 |
5.6639491 |
5.7942429 |
|
1973 |
7,580.16 |
4.8749551 |
5.0990230 |
5.3304257 |
5.4530472 |
|
1974 |
8,030.76 |
4.6014250 |
4.8129206 |
5.0313395 |
5.1470807 |
|
1975 |
8,630.92 |
4.2814601 |
4.4782491 |
4.6814801 |
4.7891731 |
|
1976 |
9,226.48 |
4.0050962 |
4.1891827 |
4.3792952 |
4.4800368 |
|
1977 |
9,779.44 |
3.7786356 |
3.9523132 |
4.1316763 |
4.2267216 |
|
1978 |
10,556.03 |
3.5006475 |
3.6615479 |
3.8277155 |
3.9157685 |
|
1979 |
11,479.46 |
3.2190486 |
3.3670059 |
3.5198067 |
3.6007765 |
|
1980 |
12,513.46 |
2.9530554 |
3.0887868 |
3.2289615 |
3.3032407 |
|
1981 |
13,773.10 |
2.6829791 |
2.8062971 |
2.9336518 |
3.0011377 |
|
1982 |
14,531.34 |
2.5429823 |
2.6598655 |
2.7805750 |
2.8445395 |
|
1983 |
15,239.24 |
2.4248545 |
2.5363082 |
2.6514104 |
2.7124036 |
|
1984 |
16,135.07 |
2.2902250 |
2.3954907 |
2.5042023 |
2.5618092 |
|
1985 |
16,822.51 |
2.1966365 |
2.2976007 |
2.4018699 |
2.4571226 |
|
1986 |
17,321.82 |
2.1333174 |
2.2313712 |
2.3326348 |
2.3862949 |
|
1987 |
18,426.51 |
2.0054226 |
2.0975980 |
2.1927907 |
2.2432338 |
|
1988 |
19,334.04 |
1.9112891 |
1.9991378 |
2.0898622 |
2.1379375 |
|
1989 |
20,099.55 |
1.8384959 |
1.9229988 |
2.0102679 |
2.0565122 |
|
1990 |
21,027.98 |
1.7573224 |
1.8380943 |
1.9215103 |
1.9657128 |
|
1991 |
21,811.60 |
1.6941875 |
1.7720575 |
1.8524767 |
1.8950911 |
|
1992 |
22,935.42 |
1.6111735 |
1.6852279 |
1.7617066 |
1.8022330 |
|
1993 |
23,132.67 |
1.5974351 |
1.6708581 |
1.7466847 |
1.7868655 |
|
1994 |
23,753.53 |
1.5556820 |
1.6271859 |
1.7010405 |
1.7401611 |
|
1995 |
24,705.66 |
1.4957277 |
1.5644759 |
1.6354746 |
1.6730972 |
|
1996 |
25,913.90 |
1.4259891 |
1.4915320 |
1.5592203 |
1.5950887 |
|
1997 |
27,426.00 |
1.3473689 |
1.4092981 |
1.4732546 |
1.5071454 |
|
1998 |
28,861.44 |
1.2803568 |
1.3392059 |
1.3999814 |
1.4321867 |
|
1999 |
30,469.84 |
1.2127711 |
1.2685137 |
1.3260811 |
1.3565864 |
|
2000 |
32,154.82 |
1.1492193 |
1.2020409 |
1.2565917 |
1.2854984 |
|
2001 |
32,921.92 |
1.1224418 |
1.1740327 |
1.2273124 |
1.2555455 |
|
2002 |
33,252.09 |
1.1112968 |
1.1623754 |
1.2151260 |
1.2430789 |
|
2003 |
34,064.95 |
1.0847789 |
1.1346387 |
1.1861306 |
1.2134164 |
|
2004 |
35,648.55
|
1.0365903 |
1.0842351 |
1.1334396 |
1.1595134 |
|
2005 |
36,952.94
|
1.0000000 |
1.0459631 |
1.0934307 |
1.1185841 |
|
2006 |
38,651.41 |
1.0000000 |
1.0000000 |
1.0453818 |
1.0694298 |
|
2007 |
40,405.48 |
1.0000000 |
1.0000000 |
1.0000000 |
1.0230041 |
|
2008 |
41,334.97 |
1.0000000 |
1.0000000 |
1.0000000 |
1.0000000 |
|
2009 |
---------- |
1.0000000 |
1.0000000 |
1.0000000 |
1.0000000 |
|
2010 |
---------- |
1.0000000 |
1.0000000 |
1.0000000 |
1.0000000 |
Table 2.--Employee Full Retirement Age
with Less than 30 Years of Service
|
1937 or earlier |
65 |
20.00% |
|
1938 |
65 and 2 months |
20.833% |
|
1939 |
65 and 4 months |
21.667% |
|
1940 |
65 and 6 months |
22.50% |
|
1941 |
65 and 8 months |
23.333% |
|
1942 |
65 and 10 months |
24.167%
|
|
1943 through 1954 |
66 |
25.00% |
|
1955 |
66 and 2 months |
25.833% |
|
1956 |
66 and 4 months |
26.667% |
|
1957 |
66 and 6 months |
27.50% |
|
1958 |
66 and 8 months |
28.333% |
|
1959 |
66 and 10 months |
29.167% |
|
1960 or later |
67 |
30.00% |
*A person attains a given age the day before his or her birthday.
Consequently, someone born on January 1 is considered to have been born on
December 31 of the previous year.
Table 3.--Tier 1
Maximum Annual Taxable Earnings 1937-2010
|
1937 - 1950 |
$3,000 |
|
1951 - 1954 |
3,600 |
|
1955 - 1958 |
4,200 |
|
1959 - 1965 |
4,800 |
|
1966 - 1967 |
6,600 |
|
1968 - 1971 |
7,800 |
|
1972 |
9,000 |
|
1973 |
10,800 |
|
1974 |
13,200 |
|
1975 |
14,100 |
|
1976 |
15,300 |
|
1977 |
16,500 |
|
1978 |
17,700 |
|
1979 |
22,900 |
|
1980 |
25,900 |
|
1981 |
29,700 |
|
1982 |
32,400 |
|
1983 |
35,700 |
|
1984 |
37,800 |
|
1985 |
39,600 |
|
1986 |
42,000 |
|
1987 |
43,800 |
|
1988 |
45,000 |
|
1989 |
48,000 |
|
1990 |
51,300 |
|
1991 |
53,400 |
|
1992 |
55,500 |
|
1993 |
57,600 |
|
1994 |
60,600 |
|
1995 |
61,200 |
|
1996 |
62,700 |
|
1997 |
65,400 |
|
1998 |
68,400 |
|
1999 |
72,600 |
|
2000 |
76,200 |
|
2001 |
80,400 |
|
2002 |
84,900 |
|
2003 |
87,000 |
|
2004 |
87,900 |
|
2005 |
90,000 |
|
2006 |
94,200 |
|
2007 |
97,500 |
|
2008 |
102,000 |
|
2009 |
106,800 |
|
2010 |
106,800 |
Table 4.--Tier 2
Maximum Annual Taxable Earnings Base * 1973 - 2010
|
1973 |
$900 |
|
1974 |
1,100 |
|
1975 |
1,175 |
|
1976 |
1,275 |
|
1977 |
1,375 |
|
1978 |
1,475 |
|
1979 |
1,575 |
|
1980 |
1,700 |
|
1981 |
1,850 |
|
1982 |
2,025 |
|
1983 |
2,225 |
|
1984 |
2,350 |
|
1985 |
29,700 |
|
1986 |
31,500 |
|
1987 |
32,700 |
|
1988 |
33,600 |
|
1989 |
35,700 |
|
1990 |
38,100 |
|
1991 |
39,600 |
|
1992 |
41,400 |
|
1993 |
42,900 |
|
1994 |
45,000 |
|
1995 |
45,300 |
|
1996 |
46,500 |
|
1997 |
48,600 |
|
1998 |
50,700 |
|
1999 |
53,700 |
|
2000 |
56,700 |
|
2001 |
59,700 |
|
2002 |
63,000 |
|
2003 |
64,500 |
|
2004 |
65,100 |
|
2005 |
66,900 |
|
2006 |
69,900 |
|
2007 |
72,600 |
|
2008 |
75,900 |
|
2009 |
79,200 |
|
2010 |
79,200 |
*Earnings bases are monthly through 1984 and annual for 1985 and later.
Table 5.--Bend Point Table Dollar Amounts
(Bend Points) in PIA Formula 1979-2010
|
1979 |
$180 |
$1,085 |
|
1980 |
194 |
1,171 |
|
1981 |
211 |
1,274 |
|
1982 |
230 |
1,388 |
|
1983 |
254 |
1,528 |
|
1984 |
267 |
1,612 |
|
1985 |
280 |
1,691 |
|
1986 |
297 |
1,790 |
|
1987 |
310 |
1,866 |
|
1988 |
319 |
1,922 |
|
1989 |
339 |
2,044 |
|
1990 |
356 |
2,145 |
|
1991 |
370 |
2,230 |
|
1992 |
387 |
2,333 |
|
1993 |
401 |
2,420 |
|
1994 |
422 |
2,545 |
|
1995 |
426 |
2,567 |
|
1996 |
437 |
2,635 |
|
1997 |
455 |
2,741 |
|
1998 |
477 |
2,875 |
|
1999 |
505 |
3,043 |
|
2000 |
531 |
3,202 |
|
2001 |
561 |
3,381 |
|
2002 |
592 |
3,567 |
|
2003 |
606 |
3,653 |
|
2004 |
612 |
3,689 |
|
2005 |
627 |
3,779 |
|
2006 |
656 |
3,955 |
|
2007 |
680 |
4,100 |
|
2008 |
711 |
4,288 |
|
2009 |
744 |
4,483 |
|
2010 |
761 |
4,586 |
|