|
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 |
12.1697045 |
12.7354456 |
13.2014390 |
13.8082175 |
|
1952 |
2,973.32 |
11.4568731 |
11.9894764 |
12.4281746 |
12.9994114 |
|
1953 |
3,139.44 |
10.8506453 |
11.3550665 |
11.7705514 |
12.3115619 |
|
1954 |
3,155.64 |
10.7949418 |
11.2967734 |
11.7101254 |
12.2483585 |
|
1955 |
3,301.44 |
10.3182096 |
10.7978791 |
11.1929764 |
11.7074398 |
|
1956 |
3,532.36 |
9.6436801 |
10.0919923 |
10.4612610 |
10.9420925 |
|
1957 |
3,641.72 |
9.3540827 |
9.7889322 |
10.1471118 |
10.6135041 |
|
1958 |
3,673.80 |
9.2724019 |
9.7034542 |
10.0585062 |
10.5208259 |
|
1959 |
3,855.80 |
8.8347295 |
9.2454354 |
9.5837284 |
10.0242258 |
|
1960 |
4,007.12 |
8.5011055 |
8.8963021 |
9.2218202 |
9.6456832 |
|
1961 |
4,086.76 |
8.3354418 |
8.7229370 |
9.0421116 |
9.4577147 |
|
1962 |
4,291.40 |
7.9379573 |
8.3069744 |
8.6109288 |
9.0067134 |
|
1963 |
4,396.64 |
7.7479507 |
8.1081348 |
8.4048137 |
8.7911246 |
|
1964 |
4,576.32 |
7.4437430 |
7.7897852 |
8.0748156 |
8.4459588 |
|
1965 |
4,658.72 |
7.3120836 |
7.6520053 |
7.9319942 |
8.2965729 |
|
1966 |
4,938.36 |
6.8980289 |
7.2187022 |
7.4828364 |
7.8267704 |
|
1967 |
5,213.44 |
6.5340639 |
6.8378173 |
7.0880148 |
7.4138016 |
|
1968 |
5,571.76 |
6.1138581 |
6.3980771 |
6.6321844 |
6.9370199 |
|
1969 |
5,893.76 |
5.7798332 |
6.0485242 |
6.2698413 |
6.5580224 |
|
1970 |
6,186.24 |
5.5065678 |
5.7625553 |
5.9734087 |
6.2479648 |
|
1971 |
6,497.08 |
5.2431169 |
5.4868572 |
5.6876227 |
5.9490433 |
|
1972 |
7,133.80 |
4.7751479 |
4.9971334 |
5.1799798 |
5.4180675 |
|
1973 |
7,580.16 |
4.4939619 |
4.7028757 |
4.8749551 |
5.0990230 |
|
1974 |
8,030.76 |
4.2418090 |
4.4390008 |
4.6014250 |
4.8129206 |
|
1975 |
8,630.92 |
3.9468504 |
4.1303303 |
4.2814601 |
4.4782491 |
|
1976 |
9,226.48 |
3.6920852 |
3.8637216 |
4.0050962 |
4.1891827 |
|
1977 |
9,779.44 |
3.4833232 |
3.6452547 |
3.7786356 |
3.9523132 |
|
1978 |
10,556.03 |
3.2270607 |
3.3770793 |
3.5006475 |
3.6615479 |
|
1979 |
11,479.46 |
2.9674697 |
3.1054205 |
3.2190486 |
3.3670059 |
|
1980 |
12,513.46 |
2.7222647 |
2.8488164 |
2.9530554 |
3.0887868 |
|
1981 |
13,773.10 |
2.4732958 |
2.5882735 |
2.6829791 |
2.8062971 |
|
1982 |
14,531.34 |
2.3442401 |
2.4532184 |
2.5429823 |
2.6598655 |
|
1983 |
15,239.24 |
2.2353444 |
2.3392604 |
2.4248545 |
2.5363082 |
|
1984 |
16,135.07 |
2.1112366 |
2.2093830 |
2.2902250 |
2.3954907 |
|
1985 |
16,822.51 |
2.0249624 |
2.1190982 |
2.1966365 |
2.2976007 |
|
1986 |
17,321.82 |
1.9665918 |
2.0580141 |
2.1333174 |
2.2313712 |
|
1987 |
18,426.51 |
1.8486925 |
1.9346339 |
2.0054226 |
2.0975980 |
|
1988 |
19,334.04 |
1.7619158 |
1.8438231 |
1.9112891 |
1.9991378 |
|
1989 |
20,099.55 |
1.6948116 |
1.7735994 |
1.8384959 |
1.9229988 |
|
1990 |
21,027.98 |
1.6199820 |
1.6952912 |
1.7573224 |
1.8380943 |
|
1991 |
21,811.60 |
1.5617813 |
1.6343849 |
1.6941875 |
1.7720575 |
|
1992 |
22,935.42 |
1.4852551 |
1.5543012 |
1.6111735 |
1.6852279 |
|
1993 |
23,132.67 |
1.4725905 |
1.5410478 |
1.5974351 |
1.6708581 |
|
1994 |
23,753.53 |
1.4341005 |
1.5007685 |
1.5556820 |
1.6271859 |
|
1995 |
24,705.66 |
1.3788318 |
1.4429305 |
1.4957277 |
1.5644759 |
|
1996 |
25,913.90 |
1.3145435 |
1.3756536 |
1.4259891 |
1.4915320 |
|
1997 |
27,426.00 |
1.2420677 |
1.2998086 |
1.3473689 |
1.4092981 |
|
1998 |
28,861.44 |
1.1802928 |
1.2351619 |
1.2803568 |
1.3392059 |
|
1999 |
30,469.84 |
1.1179891 |
1.1699618 |
1.2127711 |
1.2685137 |
|
2000 |
32,154.82 |
1.0594042 |
1.1086534 |
1.1492193 |
1.2020409 |
|
2001 |
32,921.92 |
1.0347194 |
1.0828211 |
1.1224418 |
1.1740327 |
|
2002 |
33,252.09 |
1.0244454 |
1.0720695 |
1.1112968 |
1.1623754 |
|
2003 |
34,064.95 |
1.0000000 |
1.0464877 |
1.0847789 |
1.1346387 |
|
2004 |
35,648.55
|
1.0000000 |
1.0000000 |
1.0365903 |
1.0842351 |
|
2005 |
36,952.94
|
1.0000000 |
1.0000000 |
1.0000000 |
1.0459631 |
|
2006 |
38,651.41 |
1.0000000 |
1.0000000 |
1.0000000 |
1.0000000 |
|
2007 |
---------- |
1.0000000 |
1.0000000 |
1.0000000 |
1.0000000 |
|
2008 |
---------- |
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 1937-2008
|
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 |
Table 4.--Tier 2 Maximum Annual Taxable
Earnings Base * 1973 - 2008
|
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 |
*Earnings bases are monthly through 1984 and annual for 1985 and later.
Table 5.--Bend Point Table Dollar Amounts
(Bend Points) in PIA Formula 1979-2008
|
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 |
|