OASDI: Benefit Computation & Automatic Adjustments

Table 2.A8.—Factors for indexing earnings, 1951–2000
Annual
maximum
taxable
earnings

Average
annual
wage 1

1987

1988

1989

1990

1991

1992

1993

1951...........................
1952...........................
1953...........................
1954...........................

$3,600
3,600
3,600
3,600

$2,799.16
2,973.32
3,139.44
3,155.64

6.0098422
5.6578202
5.3584429
5.3309345

6.1882208
5.8257503
5.5174872
5.4891623

6.5828713
6.1972845
5.8693621
5.8392307

6.9070864
6.5025090
6.1584359
6.1268205

7.1805649
6.7599687
6.4022724
6.3694053

7.5122465
7.0722223
6.6980035
6.6636182

7.7921948
7.3357728
6.9476085
6.9119418

1955...........................
1956...........................
1957...........................
1958...........................
1959...........................

4,200
4,200
4,200
4,200
4,200

3,301.44
3,532.36
3,641.72
3,673.80
3,855.80

5.0955068
4.7623996
4.6193859
4.5790489
4.3629104

5.2467469
4.9037527
4.7564942
4.7149600
4.4924062

5.5813554
5.2164870
5.0598371
5.0156541
4.7789071

5.8562445
5.4734059
5.3090408
5.2626817
5.0142746

6.0881161
5.6901194
5.5192464
5.4710518
5.2128093

6.3693358
5.9529550
5.7741891
5.7237683
5.4535972

6.6066928
6.1747953
5.9893677
5.9370679
5.6568287

1960...........................
1961...........................
1962...........................
1963...........................
1964...........................

4,800
4,800
4,800
4,800
4,800

4,007.12
4,086.76
4,291.40
4,396.64
4,576.32

4.1981548
4.1163440
3.9200517
3.8262196
3.6759908

4.3227605
4.2385215
4.0364030
3.9397858
3.7850981

4.5984423
4.5088310
4.2938225
4.1910436
4.0264907

4.8249216
4.7308968
4.5052990
4.3974581
4.2248007

5.0159591
4.9182115
4.6836813
4.5715706
4.3920770

5.2476542
5.1453915
4.9000280
4.7827386
4.5949540

5.4432111
5.3371375
5.0826304
4.9609702
4.7661877

1965...........................
1966...........................
1967...........................
1968...........................
1969...........................

4,800
6,600
6,600
7,800
7,800

4,658.72
4,938.36
5,213.44
5,571.76
5,893.76

3.6109725
3.4064973
3.2267581
3.0192453
2.8542917

3.7181500
3.5076058
3.3225318
3.1088597
2.9390101

3.9552731
3.7313015
3.5344245
3.3071256
3.1264439

4.1500756
3.9150730
3.7084996
3.4700059
3.2804254

4.3143932
4.0700860
3.8553335
3.6073969
3.4103102

4.5136819
4.2580897
4.0334175
3.7740283
3.5678378

4.6818869
4.4167699
4.1837251
3.9146697
3.7007954

1970...........................
1971...........................
1972...........................
1973...........................
1974...........................

7,800
7,800
9,000
10,800
13,200

6,186.24
6,497.08
7,133.80
7,580.16
8,030.76

2.7193433
2.5892416
2.3581415
2.2192817
2.0947594

2.8000563
2.6660931
2.4281337
2.2851523
2.1569341

2.9786284
2.8361218
2.5829866
2.4308867
2.2944914

3.1253298
2.9758045
2.7102021
2.5506111
2.4074982

3.2490738
3.0936282
2.8175096
2.6515997
2.5028204

3.3991536
3.2365278
2.9476548
2.7740813
2.6184296

3.5258251
3.3571389
3.0575009
2.8774591
2.7160070

1975...........................
1976...........................
1977...........................
1978...........................
1979...........................

14,100
15,300
16,500
17,700
22,900

8,630.92
9,226.48
9,779.44
10,556.03
11,479.46

1.9490981
1.8232858
1.7201915
1.5936398
1.4654444

2.0069494
1.8774029
1.7712487
1.6409408
1.5089403

2.1349416
1.9971333
1.8842091
1.7455909
1.6051722

2.2400903
2.0954947
1.9770089
1.8315636
1.6842290

2.3287842
2.1784635
2.0552864
1.9040823
1.7509142

2.4363544
2.2790902
2.1502233
1.9920349
1.8317917

2.5271466
2.3640218
2.2303527
2.0662692
1.9000545

1980...........................
1981...........................
1982...........................
1983...........................
1984...........................

25,900
29,700
32,400
35,700
37,800

12,513.46
13,773.10
14,531.34
15,239.24
16,135.07

1.3443532
1.2214033
1.1576709
1.1038943
1.0426053

1.3842550
1.2576559
1.1920318
1.1366590
1.0735510

1.4725352
1.3378622
1.2680530
1.2091489
1.1420161

1.5450595
1.4037537
1.3305063
1.2687011
1.1982619

1.6062344
1.4593338
1.3831863
1.3189339
1.2457058

1.6804289
1.5267427
1.4470778
1.3798575
1.3032469

1.7430511
1.5836377
1.5010040
1.4312787
1.3518132

1985...........................
1986...........................
1987...........................
1988...........................
1989...........................

39,600
42,000
43,800
45,000
48,000

16,822.51
17,321.82
18,426.51
19,334.04
20,099.55

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0296811
1.0000000
1.0000000
1.0000000
1.0000000

1.0953484
1.0637745
1.0000000
1.0000000
1.0000000

1.1492958
1.1161668
1.0492513
1.0000000
1.0000000

1.1948009
1.1603602
1.0907953
1.0395939
1.0000000

1.2499906
1.2139590
1.1411808
1.0876144
1.0461916

1.2965723
1.2591979
1.1837076
1.1281450
1.0851785

1990...........................
1991...........................
1992...........................
1993...........................
1994...........................

51,300
53,400
55,500
57,600
60,600

21,027.98
21,811.60
22,935.42
23,132.67
23,753.53

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0372656
1.0000000
1.0000000
1.0000000
1.0000000

1995...........................
1996...........................
1997...........................
1998...........................
1999...........................
2000...........................

61,200
62,700
65,400
68,400
72,600
76,200

24,705.66
25,913.90
27,426.00
28,861.44
...
...

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

Year

Factors 2 for workers who were first eligible (attained age 62, became disabled, or died) in—

See footnotes at end of table.

Social Security Bulletin • Annual Statistical Supplement • 2000

79

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A8.—Factors for indexing earnings, 1951–2000—Continued
Annual
maximum
taxable
earnings

Average
annual
wage 1

1994

1995

1996

1997

1998

1999

2000

1951...........................
1952...........................
1953...........................
1954...........................

$3,600
3,600
3,600
3,600

$2,799.16
2,973.32
3,139.44
3,155.64

8.1936795
7.7137409
7.3055768
7.2680724

8.2641471
7.7800809
7.3684065
7.3305795

8.4859494
7.9888912
7.5661679
7.5273257

8.8260978
8.3091157
7.8694481
7.8290489

9.2577416
8.7154763
8.2543065
8.2119317

9.7979394
9.2240324
8.7359529
8.6911054

10.3107504
9.7068059
9.1931809
9.1459862

1955...........................
1956...........................
1957...........................
1958...........................
1959...........................

4,200
4,200
4,200
4,200
4,800

3,301.44
3,532.36
3,641.72
3,673.80
3,855.80

6.9470958
6.4929452
6.2979636
6.2429691
5.9482909

7.0068425
6.5487861
6.3521276
6.2966601
5.9994476

7.1948998
6.7245496
6.5226129
6.4656568
6.1604673

7.4832982
6.9940946
6.7840636
6.7248244
6.4074018

7.8492718
7.3361435
7.1158409
7.0537046
6.7207583

8.3072841
7.7642143
7.5310568
7.4652948
7.1129208

8.7420762
8.1705828
7.9252221
7.8560183
7.4852015

1960...........................
1961...........................
1962...........................
1963...........................
1964...........................

4,800
4,800
4,800
4,800
4,800

4,007.12
4,086.76
4,291.40
4,396.64
4,576.32

5.7236669
5.6121279
5.3445076
5.2165790
5.0117605

5.7728918
5.6603936
5.3904716
5.2614428
5.0548629

5.9278310
5.8123134
5.5351470
5.4026552
5.1905308

6.1654405
6.0452926
5.7570164
5.6192138
5.3985866

6.4669638
6.3409400
6.0385655
5.8940236
5.6626066

6.8443171
6.7109397
6.3909214
6.2379453
5.9930250

7.2025395
7.0621813
6.7254136
6.5644310
6.3066918

1965...........................
1966...........................
1967...........................
1968...........................
1969...........................

4,800
6,600
6,600
7,800
7,800

4,658.72
4,938.36
5,213.44
5,571.76
5,893.76

4.9231162
4.6443394
4.3992872
4.1163690
3.8914751

4.9654562
4.6842818
4.4371221
4.1517707
3.9249427

5.0987245
4.8100037
4.5562105
4.2632005
4.0302846

5.3031004
5.0028066
4.7388404
4.4340855
4.1918334

5.5624506
5.2474708
4.9705952
4.6509361
4.3968367

5.8870248
5.5536656
5.2606341
4.9223226
4.6533961

6.1951437
5.8443370
5.5359686
5.1799503
4.8969486

1970...........................
1971...........................
1972...........................
1973...........................
1974...........................

7,800
7,800
9,000
10,800
13,200

6,186.24
6,497.08
7,133.80
7,580.16
8,030.76

3.7074895
3.5301120
3.2150355
3.0257171
2.8559464

3.7393748
3.5604718
3.2426855
3.0517390
2.8805082

3.8397363
3.6560316
3.3297163
3.1336449
2.9578184

3.9936472
3.8025790
3.4631837
3.2592531
3.0763788

4.1889581
3.9885456
3.6325521
3.4186482
3.2268303

4.4333876
4.2212809
3.8445148
3.6181294
3.4151189

4.6654252
4.4422171
4.0457316
3.8074975
3.5938616

1975...........................
1976...........................
1977...........................
1978...........................
1979...........................

14,100
15,300
16,500
17,700
22,900

8,630.92
9,226.48
9,779.44
10,556.03
11,479.46

2.6573552
2.4858256
2.3452693
2.1727316
1.9979529

2.6802091
2.5072043
2.3654391
2.1914176
2.0151357

2.7521435
2.5744954
2.4289254
2.2502333
2.0692202

2.8624596
2.6776907
2.5262858
2.3404310
2.1521622

3.0024493
2.8086443
2.6498348
2.4548907
2.2574145

3.1776450
2.9725312
2.8044551
2.5981359
2.3891368

3.3439587
3.1281095
2.9512365
2.7341188
2.5141810

1980...........................
1981...........................
1982...........................
1983...........................
1984...........................

25,900
29,700
32,400
35,700
37,800

12,513.46
13,773.10
14,531.34
15,239.24
16,135.07

1.8328600
1.6652330
1.5783417
1.5050239
1.4214639

1.8486230
1.6795543
1.5919158
1.5179674
1.4336889

1.8982384
1.7246321
1.6346414
1.5587083
1.4721678

1.9743268
1.7937618
1.7001639
1.6211871
1.5311777

2.0708821
1.8814864
1.7833111
1.7004719
1.6060606

2.1917200
1.9912728
1.8873690
1.7996960
1.6997757

2.3064316
2.0954934
1.9861513
1.8938897
1.7887397

1985...........................
1986...........................
1987...........................
1988...........................
1989...........................

39,600
42,000
43,800
45,000
48,000

16,822.51
17,321.82
18,426.51
19,334.04
20,099.55

1.3633768
1.3240768
1.2446969
1.1862715
1.1410912

1.3751022
1.3354642
1.2554016
1.1964737
1.1509049

1.4120087
1.3713068
1.2890954
1.2285860
1.1817941

1.4686072
1.4262739
1.3407672
1.2778323
1.2291648

1.5404301
1.4960264
1.4063379
1.3403251
1.2892776

1.6303156
1.5833209
1.4883991
1.4185344
1.3645082

1.7156441
1.6661898
1.5662999
1.4927785
1.4359247

1990...........................
1991...........................
1992...........................
1993...........................
1994...........................

51,300
53,400
55,500
57,600
60,600

21,027.98
21,811.60
22,935.42
23,132.67
23,753.53

1.0907096
1.0515240
1.0000000
1.0000000
1.0000000

1.1000900
1.0605673
1.0086002
1.0000000
1.0000000

1.1296154
1.0890320
1.0356702
1.0268391
1.0000000

1.1748946
1.1326844
1.0771837
1.0679986
1.0400837

1.2323533
1.1880788
1.1298638
1.1202295
1.0400494

1.3042622
1.2574043
1.1957924
1.1855960
1.1546077

1.3725256
1.3232152
1.2583785
1.2476485
1.2150379

1995...........................
1996...........................
1997...........................
1998...........................
1999...........................
2000...........................

61,200
62,700
65,400
68,400
72,600
76,200

24,705.66
25,913.90
27,426.00
28,861.44
...
...

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0000000
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.0489054
1.0000000
1.0000000
1.0000000
1.0000000
1.0000000

1.1101100
1.0583509
1.0000000
1.0000000
1.0000000
1.0000000

1.1682117
1.1137436
1.0523387
1.0000000
1.0000000
1.0000000

Year

Factors 2 for workers who were first eligible (attained age 62, became disabled, or died) in—

1 National average wage levels. For years before 1978, average wages were determined from wages earned during the first quarter of the year and reported to the
Social Security Administration (SSA) for Social Security tax purposes. These wages were then multiplied by 4 to obtain the average wage for the year. For 1973–77, from
data collected on all taxable wages reported to SSA; for 1957–72, based on 1% statistical sample; for 1951–56, based on 1/10 of 1% statistical sample. For 1978–84,
from wage data collected by the Internal Revenue Service during processing of annual tax returns. For years after 1984, from W-2 data processed by SSA. For years
after 1977, the average wage amounts have been adjusted to be consistent with the pre-1978 series.
2 The indexing factor for a given year represents the ratio of the average annual wage (col. 2) for the second year before the year of first eligibility to the average annual
wage for the year to be indexed. Multiplying a worker’s covered earnings, up to the maximum taxable amounts for various years after 1951, by the indicated factors gives
the indexed earnings. Earnings in the year before the year of first eligibility, and any earnings thereafter, are not indexed. The actual taxable earnings for those years are
considered in calculating the average indexed earnings (AIME).

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

80

Social Security Bulletin • Annual Statistical Supplement • 2000

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A9.—Indexed earnings for workers with maximum earnings, 1951–2000
Annual maximum indexed earnings 2 for workers who were first eligible
(attained age 62, became disabled, or died) in—

Annual
maximum
taxable
earnings

Average
annual
wage 1

1993

1994

1995

1996

1997

1998

1999

2000

1951...........................
1952...........................
1953...........................
1954...........................

$3,600
3,600
3,600
3,600

$2,799.16
2,973.32
3,139.44
3,155.64

$28,051.90
26,408.78
25,011.39
24,882.99

$29,497.25
27,769.47
26,300.08
26,165.06

$29,750.93
28,008.29
26,526.26
26,390.09

$30,549.42
28,760.01
27,238.20
27,098.37

$31,773.95
29,912.82
28,330.01
28,184.58

$33,327.87
31,375.71
29,715.50
29,562.95

$35,272.58
33,206.52
31,449.43
31,287.98

$37,118.70
34,944.50
33,095.45
32,925.55

1955...........................
1956...........................
1957...........................
1958...........................
1959...........................

4,200
4,200
4,200
4,200
4,800

3,301.44
3,532.36
3,641.72
3,673.80
3,855.80

27,748.11
25,934.14
25,155.34
24,935.69
27,152.78

29,177.80
27,270.37
26,451.45
26,220.47
28,551.80

29,428.74
27,504.90
26,678.94
26,445.97
28,797.35

30,218.58
28,243.11
27,394.97
27,155.76
29,570.24

31,429.85
29,375.20
28,493.07
28,244.26
30,755.53

32,966.94
30,811.80
29,886.53
29,625.56
32,259.64

34,890.59
32,609.70
31,630.44
31,354.24
34,142.02

36,716.72
34,316.45
33,285.93
32,995.28
35,928.97

1960...........................
1961...........................
1962...........................
1963...........................
1964...........................

4,800
4,800
4,800
4,800
4,800

4,007.12
4,086.76
4,291.40
4,396.64
4,576.32

26,127.41
25,618.26
24,396.63
23,812.66
22,877.70

27,473.60
26,938.21
25,653.64
25,039.58
24,056.45

27,709.88
27,169.89
25,874.26
25,254.93
24,263.34

28,453.59
27,899.10
26,568.71
25,932.75
24,914.55

29,594.11
29,017.40
27,633.68
26,972.23
25,913.22

31,041.43
30,436.51
28,985.11
28,291.31
27,180.51

32,852.72
32,212.51
30,676.42
29,942.14
28,766.52

34,572.19
33,898.47
32,281.99
31,509.27
30,272.12

1965...........................
1966...........................
1967...........................
1968...........................
1969...........................

4,800
6,600
6,600
7,800
7,800

4,658.72
4,938.36
5,213.44
5,571.76
5,893.76

22,473.06
29,150.68
27,612.59
30,534.42
28,866.20

23,630.96
30,652.64
29,035.30
32,107.68
30,353.51

23,834.19
30,916.26
29,285.01
32,383.81
30,614.55

24,473.88
31,746.02
30,070.99
33,252.96
31,436.22

25,454.88
33,018.52
31,276.35
34,585.87
32,696.30

26,699.76
34,633.31
32,805.93
36,277.30
34,295.33

28,257.72
36,654.19
34,720.18
38,394.12
36,296.49

29,736.69
38,572.62
36,537.39
40,403.61
38,196.20

1970...........................
1971...........................
1972...........................
1973...........................
1974...........................

7,800
7,800
9,000
10,800
13,200

6,186.24
6,497.08
7,133.80
7,580.16
8,030.76

27,501.44
26,185.68
27,517.51
31,076.56
35,851.29

28,918.42
27,534.87
28,935.32
32,677.75
37,698.49

29,167.12
27,771.68
29,184.17
32,958.78
38,022.71

29,949.94
28,517.05
29,967.45
33,843.37
39,043.20

31,150.45
29,660.12
31,168.65
35,199.93
40,608.20

32,673.87
31,110.66
32,692.97
36,921.40
42,594.16

34,580.42
32,925.99
34,600.63
39,075.80
45,079.57

36,390.32
34,649.29
36,411.58
41,120.97
47,438.97

1975...........................
1976...........................
1977...........................
1978...........................
1979...........................

14,100
15,300
16,500
17,700
22,900

8,630.92
9,226.48
9,779.44
10,556.03
11,479.46

35,632.77
36,169.53
36,800.82
36,572.97
43,511.25

37,468.71
38,033.13
38,696.94
38,457.35
45,753.12

37,790.95
38,360.23
39,029.75
38,788.09
46,146.61

38,805.22
39,389.78
40,077.27
39,829.13
47,385.14

40,360.68
40,968.67
41,683.72
41,425.63
49,284.51

42,334.54
42,972.26
43,722.27
43,451.57
51,694.79

44,804.79
45,479.73
46,273.51
45,987.00
54,711.23

47,149.82
47,860.08
48,695.40
48,393.90
57,574.74

1980...........................
1981...........................
1982...........................
1983...........................
1984...........................

25,900
29,700
32,400
35,700
37,800

12,513.46
13,773.10
14,531.34
15,239.24
16,135.07

45,145.02
47,034.04
48,632.53
51,096.65
51,098.54

47,471.07
49,457.42
51,138.27
53,729.35
53,731.34

47,879.34
49,882.76
51,578.07
54,191.44
54,193.44

49,164.37
51,221.57
52,962.38
55,645.89
55,647.94

51,135.07
53,274.72
55,085.31
57,876.38
57,878.52

53,635.85
55,880.15
57,779.28
60,706.85
60,709.09

56,765.55
59,140.80
61,150.75
64,249.15
64,251.52

59,736.58
62,236.15
64,351.30
67,611.86
67,614.36

1985...........................
1986...........................
1987...........................
1988...........................
1989...........................

39,600
42,000
43,800
45,000
48,000

16,822.51
17,321.82
18,426.51
19,334.04
20,099.55

51,344.26
52,886.31
51,846.39
50,766.52
52,088.57

53,989.72
55,611.23
54,517.72
53,382.22
54,772.38

54,454.05
56,089.50
54,986.59
53,841.32
55,243.43

55,915.54
57,594.89
56,462.38
55,286.37
56,726.12

58,156.85
59,903.50
58,725.60
57,502.45
58,999.91

61,001.03
62,833.11
61,597.60
60,314.63
61,885.33

64,560.50
66,499.48
65,191.88
63,834.05
65,496.39

67,939.51
69,979.97
68,603.93
67,175.03
68,924.38

1990...........................
1991...........................
1992...........................
1993...........................
1994...........................

51,300
53,400
55,500
57,600
60,600

21,027.98
21,811.60
22,935.42
23,132.67
23,753.53

53,211.72
53,400.00
55,500.00
57,600.00
60,600.00

55,953.40
56,151.38
55,500.00
57,600.00
60,600.00

56,434.62
56,634.29
55,977.31
57,600.00
60,600.00

57,949.27
58,154.31
57,479.69
59,145.93
60,600.00

60,272.09
60,485.35
59,783.69
61,516.72
63,029.07

63,219.72
63,443.41
62,707.44
64,525.22
66,111.54

66,908.65
67,145.39
66,366.48
68,290.33
69,969.20

70,410.56
70,659.69
69,840.01
71,864.55
73,631.30

1995...........................
1996...........................
1997...........................
1998...........................
1999...........................
2000...........................

61,200
62,700
65,400
68,400
72,600
76,200

24,705.66
25,913.90
27,426.00
28,861.44
...
...

61,200.00
62,700.00
65,400.00
68,400.00
72,600.00
76,200.00

61,200.00
62,700.00
65,400.00
68,400.00
72,600.00
76,200.00

61,200.00
62,700.00
65,400.00
68,400.00
72,600.00
76,200.00

61,200.00
62,700.00
65,400.00
68,400.00
72,600.00
76,200.00

61,200.00
62,700.00
65,400.00
68,400.00
72,600.00
76,200.00

64,193.01
62,700.00
65,400.00
68,400.00
72,600.00
76,200.00

67,938.73
66,358.60
65,400.00
68,400.00
72,600.00
76,200.00

71,494.55
69,831.72
68,822.95
68,400.00
72,600.00
76,200.00

Year

1 National average wage levels. For years before 1978, average wages were determined from wages earned during the first quarter of the year and reported to the
Social Security Administration (SSA) for Social Security tax purposes. These wages were then multiplied by 4 to obtain the average wage for the year. For 1973–77, from
data collected on all taxable wages reported to SSA; for 1957–72, based on 1% statistical sample; for 1951–56, based on 1/10 of 1% statistical sample. For 1978–84,
from wage data collected by the Internal Revenue Service during processing of annual tax returns. For years after 1984, from W-2 data processed by SSA. For years
after 1977, the average wage amounts have been adjusted to be consistent with the pre-1978 series.
2 A worker’s earnings for each year after 1950 and through the second year before the year of first eligibility are indexed by multiplying covered earnings, up to the
maximum taxable amounts, by specified indexing factors (see table 2.A8). The indexing factor for a given year represents the ratio of the average annual wage (col. 2) for
the second year before the year of first eligibility to the average annual wage for the year to be indexed. For example, if the year of first eligibility is 1999, the indexing
factor for 1982 is $27,426.00/14,531.34, or 1.8873690. Multiplication of maximum taxable earnings of $32,400 for 1982 by this factor gives maximum indexed earnings of
$61,150.75 for 1982.

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

Social Security Bulletin • Annual Statistical Supplement • 2000

81

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A10.—Average monthly wage (AMW) and average indexed monthly earnings (AIME)
Year
enacted
1939 ........................

Earnings measure
AMW

Provision
Computed using creditable earnings after 1936 and before year of death or retirement, divided by
months after 1936 and before quarter of death or retirement, excluding months before age 22 in
quarters not QC.

1950 ........................

Alternatively, computed using creditable earnings after 1950 (or year aged 21, if later) and before year of
death, year of retirement or subsequent year, or year age 65 attained if then insured, divided by
number of months in those years.

1954 ........................

Earnings and months in 4 years may be excluded in all cases, 5 years if worker has 20 QC. Period of
disability may be excluded.

1956 ........................

Earnings and months in 5 years may be excluded in all cases. Computation period may end at age 62 for
women then insured.

1960 ........................

Earnings may be used for any year after 1950 and before year of retirement but including year of death
with the number of years equal to the years elapsed after 1955 (or year age 26 attained) and before
year of death or age 65 attained (62 for women).
Same method may be used for earnings after 1936 and year elapsed after 1941.

1972 ........................

Number of years for men reaching age 62 after 1972, measured to age 62 or to 1975, if later.

1977 ........................

For workers who attain age 62, become disabled, or die after 1978, excludes earnings in year of
attainment of age 62 and later, computed using creditable earnings after 1936.
For workers who attain age 62 after 1978 and before 1984, excludes earnings in year of attainment of
age 62 and later, computed using creditable earnings after 1950.

1977 ........................

1980 ........................

AIME

For workers who attain age 62, become disabled, or die after 1978, AIME is computed by using indexed
earnings after 1950 for the same computation period applicable in calculating the AMW. Indexed
earnings for a given year equal actual creditable earnings multiplied by the national average wage for
the second year before worker attains age 62, becomes disabled, or dies, divided by the national
average wage for the given year, except that for years after the second year before the worker attains
age 62, becomes disabled, or dies, indexed earnings equal actual creditable earnings.
For disabled workers, the number of years of earnings used equals the number of years elapsed after
1950 (or year age 21 attained, if later) and before year of disability, minus dropout years equal to onefifth of the number of elapsed years rounded to the next lower integer (to a maximum of 5 dropout
years). However, the number of years of earnings used is at least 2. Effective for initial entitlement
after June 1980.
Disabled workers who receive less than 3 dropout years under the one-fifth rule may be credited with
additional dropout years based on child care, up to a total of 3 dropout years. (To receive this credit, a
worker must have had no earnings in that year and have been liviing with a child under age 3.)
However, the number of years of earnings used is at least 2. Effective for July 1981.

1983 ........................

For workers who die after 1978 but before attaining age 62, indexed earnings for a given year equal
actual creditable earnings, multipled by the national average wage for the earlier of (1) the year in
which the worker reached or would have reached age 60 or (2) the second year before the survivor
becomes eligible for aged- or disabled-widow(er) benefits, and then divided by the national average
wage for the given year. This computation method applies only if it results in a higher benefit. Effective
for surviving spouses newly eligible after 1984.

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

82

Social Security Bulletin • Annual Statistical Supplement • 2000

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A11.—Formulas for computing PIA from AIME, increases in PIA based on cost-of-living adjustments, and minimum
PIA, for workers who were first eligible (attained age 62, became disabled, or died) in 1979 or later
Percent of AIME applicable to PIA
Year
enacted
1977 1

......................

1981 4 ......................

Minimum PIA
based on
indexed earnings

Year
of first eligibility

90 percent
of next—

Plus 32 percent
of next—

Plus 15 percent
above—

Effective for—

Percent increase

2 1979
2 1980
2 1981

1984

$180
194
211
230
254
267

$905
977
1,063
1,158
1,274
1,345

$1,085
1,171
1,274
1,388
1,528
1,612

June 1979
1980
1981
1982
Dec. 1983
1984

9.9
14.3
11.2
7.4
3.5
3.5

1985
1986
1987
1988
1989

280
297
310
319
339

1,411
1,493
1,556
1,603
1,705

1,691
1,790
1,866
1,922
2,044

1985
1986
1987
1988
1989

3.1
1.3
4.2
4.0
4.7

(4)
(4)
(4)
(4)
(4)

1990
1991
1992
1993
1994

356
370
387
401
422

1,789
1,860
1,946
2,019
2,123

2,145
2,230
2,333
2,420
2,545

1990
1991
1992
1993
1994

5.4
3.7
3.0
2.6
2.8

(4)
(4)
(4)
(4)
(4)

1995
1996
1997
1998
1999
2000

426
437
455
477
505
531

2,141
2,198
2,286
2,398
2,538
2,671

2,567
2,635
2,741
2,875
3,043
3,202

1995
1996
1997
1998
1999
2000

2.6
2.9
2.1
1.3
2.4
...

(4)
(4)
(4)
(4)
(4)
(4)

2 1982

1983.........................

First applicable cost-of-living adjustment

2 1983

3

$122
3 122
3 122

(4)
(4)
(4)

1 The 1977 amendments provided for annual automatic adjustments of bend points (AIME brackets) in benefit formula in proportion to increases in average wage level.
As a result, separate formulas are applicable to workers who were first eligible (attained age 62, became disabled, or died) in successive calendar years. The legislation also
“froze” the minimum PIA at $122.
2 For workers who attained age 62 in the 1979–83 period, PIA cannot be less than that derived from PIA table in effect in December 1978 (approximated by PIA formula
in table 2.A16) based on provisions in effect before 1979 but excluding earnings after year aged 61 in computations of AMW, and including any general benefit increase after
year aged 61.
3 Not subject to automatic adjustments until earlier of year of attainment of age 65 or year of first receipt of benefits.
4 Minimum PIA eliminated by 1981 legislation for workers who attain age 62 or die after 1981 (after 1991 for members of certain religious orders). August 1981
legislation would have eliminated the minimum PIA effective March 1982 for workers who attained age 62 before November 1981 or who died (before attaining age 62)
before March 1982; for all others, the minimum would have been eliminated effective November 1981. This legislation was superseded by December 1981 legislation that
restored the minimum PIA for workers who attained age 62 or died (before attaining age 62) before 1982.

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

Social Security Bulletin • Annual Statistical Supplement • 2000

83

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A11.1.—Computation of PIA based on Windfall Elimination Provision (WEP)
Year enacted

Effective

1983 ......................................

1986

Provision
Workers first eligible for pensions based on noncovered employment 1 and disability or
retirement workers after Dec. 31, 1985. Benefits computation uses a reduced factor of
the usual first AIME bendpoint. 1
Factor
80%
70%
60%
50%
40%

Year eligible
1986
1987
1988
1989
1990 and later

WEP is not applicable to persons who were federal employees or nonprofit employees on
Jan. 1, 1984 and who were covered by Social Security on that date; to persons with
Railroad Retirement pensions; or to workers with 30 years of substantial Social Security
earnings. Workers with 26–29 years of coverage have less than full WEP applied. 2 For
benefits payable before January 1989:
Factor
80%
70%
60%
50%
1988 ......................................

1989

5% added to factor for each year of coverage over 20.
Factor
85%
80%
75%
70%
65%
60%
55%
40%
45%

1991

Years of coverage
29
28
27
26
25
24
23
22
21

Earnings required for a year of substantial coverage (decoupled from the definition of a
year of coverage for Special Minimum PIA). 2
Year
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000

1 Reduction in PIA will not be greater
2 See table 2.A12 for the definition of

Years of coverage
29
28
27
26

Earnings
$9,000
10,350
10,725
11,250
11,325
11,625
12,150
12,675
13,425
14,175

than one-half of the periodic payment based on noncovered employment performed after 1956.
a year of coverage before 1991.

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

84

Social Security Bulletin • Annual Statistical Supplement • 2000

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A12.—Special minimum PIA: 1 Formula applies to years of coverage
Years of coverage

Year
enacted

Applicable
period

1972 ........................... 1937–50

Number

PIA Computation
Amount 2 Maximum amount 2
per year
for workers with
of coverage
30 or more years
over 10 years
of coverage

The number (disregarding any remainder and not
exceeding 14) obtained by dividing total creditable
wages in 1937–50 by $900

After 1950 Number of years with creditable earnings equal to at
least 25% of the effective annual maximum taxable
earnings, that is:
1951–54 ........................................... $900
1955–58 ........................................... 1,050
1959–65 ........................................... 1,200
1966–67 ........................................... 1,650
1968–71 ........................................... 1,950
1972 ................................................. 2,250
1973 ................................................. 2,700
1974 ................................................. 3,300
1975 ................................................. 3,525
1976 ................................................. 3,825
1977 ................................................. 4,125
1978 ................................................. 4,425
1973 ........................... . . .
...
1977 3 .........................

After 1978 Number of years with creditable earnings equal to
at least 25% of what the annual taxable maximum
would have been if the statutory increases
in the maximum under the 1977 amendments
had not been enacted, that is:
1979 ................................................. $4,725
1980 ................................................. 5,100
1981 ................................................. 5,500
1982 ................................................. 6,075
1983 ................................................. 6,675
1984 ................................................. 7,050
1985 ................................................. 7,425
1986 ................................................. 7,875
1987 ................................................. 8,175
1988 ................................................. 8,400
1989 ................................................. 8,925
1990 ................................................. 9,525

1990 ........................... After 1990 Number of years with creditable earnings equal to at
least 15% of what the annual taxable maximum would
have been if the statutory increases in the maximum
under the 1977 amendments had not been enacted,
that is:
1991 ................................................. $5,940
1992 ................................................. 6,210
1993 ................................................. 6,435
1994 ................................................. 6,750
1995 ................................................. 6,795
1996 ................................................. 6,975
1997 ................................................. 7,290
1998 ................................................. 7,605
1999 ................................................. 8,055
2000 ................................................. 8,505

4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4

Effective for–

$8.50

$170.00

January 1973

9.00

180.00

March 1974

11.50
12.64
14.45
16.07
17.26
17.86
18.49
19.06
19.31
20.12
20.92
21.90
23.08
23.93
24.65
25.29
26.00
26.68
27.45
28.03
28.29
29.07
...

230.00
252.80
289.00
321.40
345.10
357.10
369.50
380.90
385.80
402.00
418.00
437.60
461.20
478.20
492.50
505.30
519.40
532.90
548.30
559.80
567.00
580.60
...

January 1979
June 1979
June 1980
June 1981
June 1982
December 1983
December 1984
December 1985
December 1986
December 1987
December 1988
December 1989
December 1990
December 1991
December 1992
December 1993
December 1994
December 1995
December 1996
December 1997
December 1998
December 1999
...

1 Alternative PIA applicable when it exceeds the regularly computed PIA. The usual rates of actuarial reduction apply for retirement before age 65.
No delayed retirement credits are applicable to the benefit derived from the special minimum PIA. However, the resulting Old-Age Insurance benefit
will be raised if necessary to equal the benefit derived from the regularly computed PIA plus any delayed retirement credits.
2 The amount effective for a given month applies, as of that month, to all workers from the date of entitlement to benefits.
3 Provision for future automatic cost-of-living increases of amount per year of coverage (and maximum amount), beginning with the June 1979
increase.
4 Factors were obtained by applying cost-of-living increases to initial 1979 factor of $11.50 and rounding each one to nearest cent. An approximate
PIA may be computed by multiplying factor in year of entitlement by the number of years of coverage in excess of 10 with a maximum of 20. Actual
PIA’s are published yearly in the Federal Register.

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

Social Security Bulletin • Annual Statistical Supplement • 2000

85

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A13.—Formulas for computing maximum family benefit from PIA, and increases in maximum based on
cost-of-living adjustments, for workers who attained age 62 or died (before attaining age 62) in 1979 or later
Percent of PIA applicable to maximum family benefit
Year
enacted
1977

1

Year of
first eligibility

............................

150 percent Plus 272 percent of Plus 134 percent of
of first—
next—
next—

First applicable cost-of-living adjustment

Plus 175 percent
above—

Effective for—

Percent
increase

1979
1980
1981
1982
1983
1984

$230
248
270
294
324
342

$102
110
120
131
144
151

$101
109
118
129
142
150

$433
467
508
554
610
643

June 1979
1980
1981
1982
Dec. 1983
1984

9.9
14.3
11.2
7.4
3.5
3.5

1985
1986
1987
1988
1989

358
379
396
407
433

159
169
175
181
193

158
166
174
179
190

675
714
745
767
816

1985
1986
1987
1988
1989

3.1
1.3
4.2
4.0
4.7

1990
1991
1992
1993
1994

455
473
495
513
539

201
209
219
227
240

200
208
217
226
237

856
890
931
966
1,016

1990
1991
1992
1993
1994

5.4
3.7
3.0
2.6
2.8

1995
1996
1997
1998
1999
2000

544
559
581
609
645
679

241
247
258
271
286
301

239
246
255
267
283
298

1,024
1,052
1,094
1,147
1,214
1,278

1995
1996
1997
1998
1999
2000

2.6
2.9
2.1
1.3
2.4
...

1 The 1977 amendments provided for annual automatic adjustments of bend points (PIA brackets) in maximum family benefit formula in proportion to increases in
average wage level. As a result, separate formulas are applicable to workers first eligible in successive calendar years.

Table 2.A14.—Formulas for computing maximum family benefit, and increases in maximum based on cost-of-living
adjustments, for workers first eligible for disability benefits in 1979 or later
Year
enacted
1977 1 ........................

Year of first eligibility

Formula for maximum family benefit

1979 2

150% of first $230 of PIA + 272% of next $102 of PIA + 134% of next $101 of PIA
+ 175% of PIA over $433 3

1980 2

150% of first $248 of PIA + 272% of next $110 of PIA + 134% of next $109 of PIA
+ 175% of PIA over $467 3

1980 4 ........................ 1979 or later

Smaller of (1) 85% of the AIME (or 100% of PIA, if larger) and (2) 150% of PIA 5

1 The 1977 amendments provided for annual automatic adjustments of bend points (PIA brackets) in maximum family benefit formula in proportion
to increases in average wage level. As a result, separate formulas are applicable to workers first eligible in successive calendar years.
2 Applicability of formula limited to workers with initial entitlement before July 1980, as a result of 1980 amendments.
3 Calculated amount subject to cost-of-living adjustments beginning with the one effective for June of the year of first eligibility.
4 Formula for computing maximum family benefit revised effective for workers with initial entitlement in or after July 1980. New formula remains
unchanged for workers eligible in successive calendar years because it has no bend points requiring adjustments.
5 Calculated amount subject to cost-of-living adjustments beginning with the one effective in year of first eligibility (or in 1981, if later).

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

86

Social Security Bulletin • Annual Statistical Supplement • 2000

OASDI: Benefit Computation & Automatic Adjustments
Table 2.A15.—Formulas for computing PIA 1 from creditable earnings after 1936
Year
enacted

Formula

Special provisions

Limited to—

Effective for—

Formula applied to cumulative wages after 1936
1935 ......

1/2 of 1% of first $3,000 of wages plus

...

...

1/12 of 1% of next $42,000 of wages plus

January 1942, but never
applicable; superseded by
new formula under 1939
Act.

1/24 of 1% of next $84,000 of wages
Formula applied to AMW based on earnings after 1936
1939 ......

40% of first $50 of AMW plus
10% of next $200 of AMW

Sum increased by 1% for
each increment year—year
with at least $200 of
creditable wages—to
obtain primary insurance
benefit (PIB).

...

January 1940

Number of increment years
limited to 14 for years
before 1951. Conversion
table in the law, reflecting
1950 benefit increase,
introduced for determining
PIA from PIB.

...

September 1950

1950 ......

...

1960 ......

...

1967 ......

...

1967 simplified old-start
formula: Total creditable
wages for 1937–50
distributed over 9–14
years, with 14 increment
years assumed.

Workers with at least 1 QC Applications for benefits
and recomputations filed
before 1951 who attained
after Jan. 2, 1968.
age 21 before 1937 or
attained age 21 after 1950
but with fewer than 6 QC. 2

1977 ......

...

1977 simplified old-start
formula: Total creditable
wages for 1937–50
distributed over 1–14
years. Number of
increment years equal to
total 1937–50 wages,
divided by $1,650, with
4–14 increment years
credited.

Workers with at least 1 QC Workers first eligible
after 1977.
before 1951 who either
attained age 22 after 1936
and before 1950 or
attained age 22 after 1950,
but have fewer than 6 QC
after 1950. 3

1990 ......

...

...

...

Workers with at least 1 QC Applications for benefits
before 1951 and, if age 22 and recomputations filed
attained after 1950, with
after 1960.
fewer than 6 QC after
1950.

Applicability of pre-1977
Persons becoming newly
formulas terminated. 1977
entitled after May 1992.
old-start formula expanded
to apply to all workers with
pre-1951 earnings.

1 Old-age benefit under 1935 Act and primary insurance benefit (PIB) under 1939 Act. Effective for September 1950, the PIB became an
intermediate step in benefit computations based on creditable earnings after 1936; a conversion table was introduced into the law for determining the
PIA from the PIB. Each time a benefit increase becomes effective (see table 2.A16 for benefit increases since 1950), a new conversion table
incorporating the increase takes effect.
2 Under this computation method, a period of disability that began before 1951 is not taken into account. Earlier provisions remained in effect for
workers who attained age 21 after 1936 and before 1951 or for whom consideration of a period of disability that began before 1951 resulted in a
higher PIA.
3 Under this computation method, a period of disability that began before 1951 is not taken into account. The 1967 simplified old-start method
remained in effect for workers with first eligibility before 1978. The pre-1967 old-start formula remained in effect only for workers, irrespective of date
of first eligibility, for whom consideration of a period of disability that began before 1951 resulted in a higher PIA.

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

Social Security Bulletin • Annual Statistical Supplement • 2000

87

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A16.—Formulas for computing PIA from AMW based on earnings after 1950, and percentage increases in PIA
Sept. 1952
2 12.5

Sept. 1954
3 13.0

50.00
15.00
...
...
...

6 55.00
7 15.00

...
...
...

55.00
8 20.00
...
...
...

58.85
21.40
...
...
...

Sept. 1972
20.0

(9)
(9)

June 1974
11.0

June 1975 10
8.0

First $110 ...............................................
Next 290.................................................
Next 150.................................................
Next 100.................................................
Next 100.................................................
Next 250.................................................
Next 175.................................................
Next 100.................................................
Next 100.................................................
Next 100.................................................
Next 435.................................................
Next 250.................................................

108.01
39.29
36.71
43.15
24.00
11 20.00
...
...
...
...
...
...

114.38
41.61
38.88
45.70
25.42
21.18
12 20.00
...
...
...
...
...

119.89
43.61
40.75
47.90
26.64
22.20
13 20.00
...
...
...
...
...

129.48
47.10
44.01
51.73
28.77
23.98
21.60
20.00
...
...
...
...

Effective for ............................................
Percentage increase in PIA ...................

June 1980
14.3

June 1981
11.2

June 1982
7.4

Dec. 1983
3.5

195.18
70.98
66.34
78.00
43.38
36.15
32.56
30.16
28.33
26.76
25.12
22.86
20.00
...
...
...
...
...
...
...

217.04
78.93
73.77
86.74
48.24
40.20
36.21
33.54
31.50
29.76
27.93
25.42
22.24
20.00
...
...
...
...
...
...

233.10
84.77
79.23
93.16
51.81
43.17
38.89
36.02
33.83
31.96
30.00
27.30
23.89
21.48
20.00
...
...
...
...
...

Effective for ............................................
Percentage increase in PIA ...................

Apr. 1952
1 77.0

AMW
First $110 ...............................................
Next 290.................................................
Next 150.................................................
Next 100.................................................
Next 100.................................................

Effective for ............................................
Percentage increase in PIA ...................

Jan. 1965
5 7.0

Feb. 1968
13.0

Jan. 1970
15.0

Jan. 1971
10.0

62.97
22.90
21.40
...
...

71.16
25.88
24.18
28.43
...

81.83
29.76
27.81
32.69
...

90.01
32.74
30.59
35.96
20.00

June 1976
6.4

June 1977
5.9

June 1978
6.5

June 1979
9.9

137.77
50.10
46.82
55.05
30.61
25.51
22.98
21.28
20.00
...
...
...

145.90
53.06
49.58
58.30
32.42
27.02
24.34
22.54
21.18
20.00
...
...

155.38
56.51
52.81
62.09
34.53
28.78
25.92
24.01
22.56
21.30
20.00
...

170.76
62.10
58.04
68.24
37.95
31.63
28.49
26.39
24.79
23.41
21.98
20.00

Dec. 1984
3.5

Dec. 1985
3.1

Dec. 1986
1.3

Dec. 1987
4.2

257.44
93.62
87.50
102.88
57.22
47.67
42.95
39.78
37.36
35.30
33.14
30.16
26.39
23.72
22.08
21.34
20.63
20.00
...
...

260.79
94.84
88.64
104.22
57.96
48.29
43.51
40.30
37.85
35.76
33.57
30.55
26.73
24.03
22.37
21.62
20.90
20.26
20.00
...

271.74
98.82
92.36
108.60
60.39
50.32
45.34
41.99
39.44
37.26
34.98
31.83
27.85
25.04
23.31
22.53
21.78
21.11
20.84
20.00

Percent of AMW applicable to PIA
6
7

AMW

Percent of AMW applicable to PIA
241.26
87.74
82.00
96.42
53.62
44.68
40.25
37.28
35.01
33.08
31.05
28.26
24.73
22.23
20.70
20.00
...
...
...
...

1 Average increase in benefits of about 77%--from 100% at the lowest level to 50% at the highest level.
2 Increase of 12.5% or $5, if larger.
3 Beginning June 1975 all benefit increases are based on automatic cost-of-living adjustments.
4 Effective for January 1979. PIA formulas based on AMW after 1950 (as shown here) apply only to workers

249.70
90.81
84.87
99.79
55.50
46.24
41.66
38.58
36.24
34.24
32.14
29.25
25.60
23.01
21.42
20.70
20.00
...
...
...

who attained age 62, became disabled, or died before

1979.
5 Applied to next $150 effective for January 1973 and to next $350 effective for January 1979.
6 Applied to next $50.
7 Applied to next $100 before January 1975.
8 Effective data for automatic cost-of-living adjustments moved from June to December beginning with 1983.
9
10
11
12
13

See footnotes at end of table.
.

88

9

Percent of AMW applicable to PIA

AMW
First $110 ...............................................
Next 290.................................................
Next 150.................................................
Next 100.................................................
Next 100.................................................
Next 250.................................................
Next 175.................................................
Next 100.................................................
Next 100.................................................
Next 100.................................................
Next 435.................................................
Next 250.................................................
Next 315.................................................
Next 225.................................................
Next 275.................................................
Next 175.................................................
Next 150.................................................
Next 200.................................................
Next 150.................................................
Next 100.................................................

Jan. 1959
4 7.0

Social Security Bulletin • Annual Statistical Supplement • 2000

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A16.—Formulas for computing PIA from AMW based on earnings after 1950, and percentage increases in
PIA—Continued1 2 3 4 5 6 7 8 9 10 11 12 13
Effective for ........... Dec. 1988
Percentage
increase in PIA ..

Dec. 1989

Dec. 1990

Dec. 1991

Dec. 1992

Dec. 1993

Dec. 1994

Dec. 1995

Dec. 1996

Dec. 1997

Dec. 1998

Dec. 1999

4.0

4.7

5.4

3.7

3.0

2.6

2.8

2.6

2.9

2.1

1.3

2.4

282.61
102.77
96.05
112.94
62.81
52.33
47.15
43.67
41.02
38.75
36.38
33.10
28.96
26.04
24.24
23.43
22.65
21.95
21.67
20.80
20.00
...
...
...
...
...
...
...
...
...
...
...

295.89
107.60
100.56
118.25
65.76
54.79
49.37
45.72
42.95
40.57
38.09
34.66
30.32
27.26
25.38
24.53
23.71
22.98
22.69
21.78
20.94
20.00
...
...
...
...
...
...
...
...
...
...

311.87
113.42
105.99
124.64
69.31
57.75
52.04
48.19
45.27
42.76
40.15
36.53
31.96
28.73
26.75
25.85
24.99
24.22
23.92
22.96
22.07
21.08
20.00
...
...
...
...
...
...
...
...
...

323.41
117.62
109.91
129.25
71.87
59.89
53.97
49.97
46.94
44.34
41.64
37.88
33.14
29.79
27.74
26.81
25.91
25.12
24.81
23.81
22.89
21.86
20.74
20.00
...
...
...
...
...
...
...
...

333.11
121.15
113.21
133.13
74.03
61.69
55.59
51.47
48.35
45.67
42.89
39.02
34.13
30.68
28.57
27.61
26.69
25.87
25.55
24.52
23.58
22.52
21.36
20.60
20.00
...
...
...
...
...
...
...

360.47
131.10
122.50
144.06
80.11
66.75
60.16
55.70
52.33
49.42
46.42
42.22
36.94
33.20
30.91
29.88
28.88
27.99
27.64
26.53
25.52
24.38
23.12
22.29
21.64
21.09
20.52
20.00
...
...
...
...

370.93
134.90
126.06
148.24
82.43
68.69
61.91
57.32
53.84
50.86
47.76
43.44
38.01
34.16
31.81
30.74
29.72
28.80
28.44
27.30
26.26
25.08
23.79
22.94
22.27
21.71
21.12
20.58
20.00
...
...
...

378.72
137.73
128.71
151.35
84.16
70.13
63.21
58.52
54.97
51.93
48.76
44.35
38.81
34.88
32.48
31.39
30.34
29.40
29.04
27.87
26.81
25.61
24.29
23.42
22.74
22.17
21.56
21.01
20.42
20.00
...
...

383.64
139.52
130.38
153.32
85.26
71.04
64.03
59.28
55.69
52.60
49.40
44.93
39.31
35.33
32.90
31.79
30.74
29.79
29.41
28.24
27.16
25.94
24.61
23.73
23.03
22.45
21.84
21.29
20.69
20.26
20.00
...

392.85
142.87
133.51
157.00
87.30
72.75
65.57
60.71
57.02
53.87
50.58
46.01
40.26
36.18
33.69
32.56
31.48
30.50
30.12
28.91
27.81
26.56
25.20
24.30
23.59
22.99
22.37
21.80
21.18
20.75
20.48
20.00

AMW
First $110 ..............
Next 290................
Next 150................
Next 100................
Next 100................
Next 250................
Next 175................
Next 100................
Next 100................
Next 100................
Next 435................
Next 250................
Next 315................
Next 225................
Next 275................
Next 175................
Next 150................
Next 200................
Next 150................
Next 100................
Next 250................
Next 275................
Next 175................
Next 175................
Next 175................
Next 250................
Next 50..................
Next 125................
Next 225................
Next 250................
Next 350................
Next 300................

Percent of AMW applicable to PIA
341.77
124.30
116.15
136.59
75.95
63.29
57.04
52.81
49.61
46.86
44.01
40.03
35.02
31.48
29.31
28.33
27.38
26.54
26.21
25.16
24.19
23.11
21.92
21.14
20.52
20.00
...
...
...
...
...
...

351.34
127.78
119.40
140.41
78.08
65.06
58.64
54.29
51.00
48.17
45.24
41.15
36.00
32.36
30.13
29.12
28.15
27.28
26.94
25.86
24.87
23.76
22.53
21.73
21.09
20.56
20.00
...
...
...
...
...

1 Average increase in benefits of about 77%—from 100% at the lowest level to 50% at the highest level.
2 Increase of 12.5% or $5, if larger.
3 Average increase of about 13%, with minimum increase of $5.
4 Increase of 7% or $3, if larger.
5 Increase of 7% or $4, if larger.
6 Applied to first $100 of AMW.
7 Applied to next $200 of AMW.
8 Applied to next $190 before 1955 and to next $240 effective for January 1955.
9 Increase of 5.9% effective for June 1974 but never applicable. Effective date of first automatic cost-of-living
10 Beginning June 1975 all benefit increases are based on automatic cost-of-living adjustments.
11 Applied to next $150 effective for January 1973 and to next $350 effective for January 1974.
12 Applied to next $50.
13 Applied to next $100 before January 1975.

adjustment postponed to January 1975.

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

Social Security Bulletin • Annual Statistical Supplement • 2000

89

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A17.—Minimum PIA and maximum family benefit for workers who attained age 62, were first eligible for
disabled-worker benefits, or died before 1979
Year
enacted

Effective for—

Maximum family benefit

Minimum PIA 1
(based on earnings)

1935 ............................. . . .

$10.00

1939 ............................. . . .

...

Percent of AMW

But not less than—

...

...

Lesser of 80% of AMW, $85, or 200% of PIA

$20.00

1950 ............................. September 1950

20.00

80% of first $187.50

40.00

1952 ............................. September 1952

25.00

80% of first $210.93

45.00

1954 ............................. September 1954

30.00

80% of first $250

1958 ............................. January 1959

33.00

80% of first $317.50

1961 ............................. August 1961

40.00

...

1965 ............................. January 1965

44.00

80% of first $370 + 40% of next $180

...

1967 ............................. February 1968

55.00

80% of first $436 + 40% of next $214

...

1969 ............................. January 1970

64.00

...

...

50.00 or 150% of PIA
20.00 + PIA or 150% of PIA
150% of PIA

$191 2

1971 ............................. January 1971

70.40

88% of first $436 + 44% of next

1972 ............................. September 1972

84.50

105.6% of first $436 + 52.8% of next $191 2

...

1973 3 ........................... June 1974

89.50

111.8% of first $436 + 55.9% of next $191 2

...

1973 4 ...........................

90.50
93.80
101.40
107.90
114.30
121.80
133.90
153.10
170.30

113.0% of first $436 +
117.2% of first $436 +
126.6% of first $436 +
134.7% of first $436 +
142.6% of first $436 +
151.9% of first $436 +
167.0% of first $436 +
190.9% of first $436 +
212.2% of first $436 +

March 1974
June 1974
June 1975
June 1976
June 1977
June 1978
June 1979
June 1980
June 1981

1981 5 ........................... March 1982

6(6)

1981 ............................. June 1982
December 1983
December 1984
December 1985
December 1986
December 1987
December 1988
December 1989
December 1990
December 1991
December 1992
December 1993
December 1994
December 1995
December 1996
December 1997
December 1998
December 1999

182.90
189.30
195.90
201.90
204.50
213.00
221.50
231.90
244.40
253.40
261.00
267.70
275.10
282.20
290.30
296.30
300.10
307.30

56.5% of next $191 2
58.6% of next $191 2
63.3% of next $191 2
67.3% of next $191 2
71.3% of next $191 2
76.0% of next $191 2
83.5% of next $191 2
95.4% of next $191 2
106.1% of next $191 2

...
227.9% of first $436 +
235.9% of first $436 +
244.2% of first $436 +
251.8% of first $436 +
255.1% of first $436 +
265.8% of first $436 +
276.4% of first $436 +
289.4% of first $436 +
305.0% of first $436 +
316.3% of first $436 +
325.8% of first $436 +
334.3% of first $436 +
343.7% of first $436 +
352.6% of first $436 +
362.8% of first $436 +
370.4% of first $436 +
375.2% of first $436 +
384.2% of first $436 +

...
...
...
...
...
...
...
...
...
...

114.0% of next $191 2
118.0% of next $191 2
122.1% of next $191 2
125.9% of next $191 2
127.5% of next $191 2
132.9% of next $191 2
138.2% of next $191 2
144.7% of next $191 2
152.5% of next $191 2
158.1% of next $191 2
162.8% of next $191 2
167.0% of next $191 2
171.7% of next $191 2
176.2% of next $191 2
181.3% of next $191 2
185.1% of next $191 2
187.5% of next $191 2
192.0% of next $191 2

1 Subject

to reduction if claimed before age 65.
AMW of $628 or more, 175% of PIA.
3 Superseded by 1973 legislation.
4 Beginning in 1975, minimum PIA and percentages in maximum family benefit formula subject to automatic cost-of-living increases.
(Superseded 1972 legislation for automatic increases beginning in 1974.)
5 Superseded by 1981 legislation that restored the minimum PIA for these groups.
6 Minimum PIA eliminated by 1981 legislation.
2 For

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

90

...

Social Security Bulletin • Annual Statistical Supplement • 2000

...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A18.—Automatic adjustment provisions
Year
enacted
1972 .............

1983 .............

Adjustment of—

Provision

Benefits Under the original provisions (based on the 1972, and 1973 legislation), the arithmetical mean of the
Consumer Price Index (CPI) for January, February, and March in the year of determination was
compared with the arithmetical mean of the CPI for the later of (a) January, February, and March of
the year in which the last effective cost-of-living increase was established or (b) the 3 months of the
calendar quarter in which the effective month of the last general benefit increase occurred. (Before
the introduction, in 1977, of the alternative CPI series for "All Urban Consumers,'' or the CPI-U, the
CPI-W was referred to as the CPI.) If the percentage increase in the CPI, rounded to the nearest onetenth of 1 percent, was at least 3.0 (the triggering requirement), a cost-of-living benefit increase was
established and the level of benefits increased by the same percentage, effective for June of the year
in which the determination was made.
The 1983 Act moved the effective date for a cost-of-living benefit increase from June to December,
beginning in 1983, and eliminated the "triggering requirement'' for the 1983 increase only. Effective
with the determination made in 1984, the two periods used in calculating the CPI-W percentage
increase were shifted from the first to the third quarter.
The 1983 Act also introduced an alternative method for determining the size of a cost-of-living
adjustment. This method, called the stabilizer provision, is applied when the ratio of the combined
OASDI Trust Fund assets to estimated outgo falls below a certain percentage. The "triggering''
percentage is 15 percent for the years 1985–88 and 20 percent for years after 1988. Under these
circumstances, the cost-of-living adjustment is based on the lesser of the CPI-W percentage increase
determined above or the increase in average wages. The latter increase is the percentage, rounded
to the nearest one-tenth of 1 percent, by which the national average wage for the year before the year
of determination exceeds the average wage for the year before the most recent year in which either a
cost-of-living increase or a general benefit increase occurred. (See column 2 in table 2.A8 for the
annual amount of the average wage after 1950 and footnote 1 in table 2.A8 for the underlying data
sources.)
The 1983 legislation also included a provision for making up any benefit increases that are based on a
lower wage increase rather than on the increase in the cost of living. When the fund ratio is greater
than 32 percent, additional increases will be provided so that benefits are increased to the level at
which they would have been if all increases had been based on the CPI-W. (See table 2.A19 for the
cumulative effect of statutory and automatic increases in benefits.)

1986 .............
1972 .............

Triggering requirement eliminated for cost-of-living increases in and after 1986 by P.L. 99–509 (signed
Oct. 21, 1986).
Maximum amount of taxable The 1972 Act (as modified by the 1973 legislation) mandated a determination in 1974, and in every
and creditable earnings
subsequent year in which a cost-of-living benefit increase is established, as to whether or not an
adjustment is required in the maximum amount of annual earnings that will be taxed and credited
toward benefits.
The determination in the years after 1975 is made by multiplying the "maximum'' in effect in the year of
determination by the following quotient: the national average wage for the year before the year of
determination, divided by the average wage for the year before the most recent year in which an
automatic determination was made that resulted in an increase or in which an increase in the
maximum was enacted. (See column 2 in table 2.A8 for annual amounts of the average wage after
1950.) The resulting product, rounded to the nearest multiple of $300, is the new maximum amount
of taxable and creditable earnings, effective with respect to remuneration paid after the year of
determination and with respect to taxable years beginning after that year. In no case, however, is the
maximum reduced to an amount below the maximum in the year of determination.

1976 .............

In the 1974 and 1975 determinations the quotient was the average wage for the year of determination,
estimated from data for the first calendar quarter, divided by the corresponding amount for the year
before the year of determination. Public Law 94–202 (signed Jan. 2, 1976) revised the adjustment
method by increasing by a year the lag in average wages used in the computation. Thus, for
example, the 1976 determination was based on the percentage increase in the average wage from
1974 to 1975.

1977 .............

Statutory in lieu of automatic increases in the maximum instituted for the years 1979, 1980, and 1981.
Also, for purposes of establishing a "year of coverage'' used in the computation of the special
minimum PIA, annual maximum taxable and creditable earnings after 1978 are the amounts that
would have been determined under the automatic adjustment provisions if the statutory increases in
the maximum under the 1977 Act had not been enacted (see table 2.A12).

1989 .............

Automatic increases in the maximum for 1990, 1991, and 1992 determined under a transitional rule,
specified by the Omnibus Budget Reconciliation Act of 1989, for computing "deemed'' average annual
wage for 1988, 1989, and 1990. The purpose of the legislation was to include contributions to certain
"deferred compensation'' plans, most importantly sections 401(k) pension plans, in the average
annual average wage.

Social Security Bulletin • Annual Statistical Supplement • 2000

91

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A18.—Automatic adjustment provisions —Continued
Year
enacted

Adjustment of—

Provision

1994 .............

The determination for years after 1994 is made by multiplying $60,600, the "maximum'' for 1994, by the
following quotient: the national average wage index for the year before the year in which the
determination is made, divided by the national average wage index for 1992. (See column 2 in table
2.A8 for annual amounts of the national average wage index.) The resulting product, rounded to the
nearest $300, is the new maximum amount of taxable and creditable earnings, effective with respect
to renumeration paid in (and taxable years beginning in) the year following the year the determination
is made. In no case, however, is the new maximum reduced to an amount below the maximum in the
year of determination.

1977 .............

Quarter of coverage Mandatory annual determination, beginning in 1978, as to whether or not an adjustment is required in
the amount of wages and self-employment earnings an individual needs in order to be credited with a
quarter of coverage in the succeeding year. The amount required for a quarter of coverage is the
product of $250 (in effect in 1978) multiplied by the following quotient: the national average wage for
the year before the year of determination, divided by the average wage for 1976 (see column 2 in
table 2.A8 for average annual wages after 1950). The resulting product, rounded to the nearest
multiple of $10, is the new amount required for a quarter of coverage. In no case, however, is the new
amount reduced below the amount in effect in the year of determination.

1977 ............. Bend points in PIA formula and New benefit computation method based on average indexed monthly earnings (AIME) after 1950,
maximum family benefit formula
effective for workers first eligible after 1978. Provision for automatic adjustment of the dollar
amounts, or bend points, defining (1) the AIME brackets in the PIA formula (see table 2.A11) and (2)
the PIA brackets in the maximum family benefit formula (see table 2.A13). New bend points are
established by multiplying the bend points in effect in 1979–$180 and $1,085 for the PIA formula and
$230, $332, and $433 for the maximum family benefit formula–by the following quotient: the national
average wage for the second year before the year for which the determination was made, divided by
the average wage for 1977 (see column 2 in table 2.A8 for average annual wages after 1950). The
resulting products, rounded to the nearest dollar, are the new bend points.
1980 .............

Modified maximum family benefit formula applicable to workers with initial entitlement to disability
benefits in or after July 1980 (see table 2.A14). New formula for disabled workers has no bend points
subject to automatic adjustment.

1972 .............

Earnings test The 1972 Act (as modified by the 1973 and 1973 Acts) mandated a determination in 1974, and in every
subsequent year in which a cost-of-living increase is established, as to whether or not an adjustment
in the exempt amount–the amount of earnings permitted without reduction in benefits–is required.
The determination in the years after 1975 is made by multiplying the monthly exempt amount in effect in
the year of determination by the following quotient: the national average wage for the year before the
year of determination, divided by the average wage for the year before the most recent year in which
an automatic determination was made that resulted in an increase or in which an increase in the
exempt amount was enacted. (See column 2 in table 2.A8 for annual amounts of the average wage
after 1950.) The resulting product, rounded to the nearest multiple of $10, is the new monthly exempt
amount, effective with respect to remuneration paid after the year of determination and with respect to
taxable year beginning after that year. In no case, however, is the new exempt amount reduced
below the exempt amount in the year of determination. The new annual exempt amount is
determined by multiplying the new monthly amount by 12.

1976 .............

In the 1974 and 1975 determinations the quotient was the average wage for the year of determination,
estimated from data for the first calendar quarter, divided by the corresponding amount for the year
before the year of determination. Public Law 94–202 (signed Jan. 2, 1976) revised the adjustment
method by increasing by a year the lag in average wages used in the computation. Thus, for
example, the 1976 determination was based on the percentage increase in the average wage from
1974 to 1975.

1994 .............

The determination for years after 1994 is made by multiplying the monthly exempt amounts in effect for
1994 ($930 for beneficiaries who have, $670 for beneficiaries who have not yet, reached "normal
retirement age”–see footnote 6 in table 2.A29) by the following quotient: the national average wage
index for the year before the year in which the determination is made, divided by the national average
wage index for 1992. (See column 2 in table 2.A8 for annual amounts of the national average wage
index.) The resulting products, rounded to the nearest $10, are the new monthly exempt amounts
effective for the year following the year the determination is made. The new annual exempt amounts
are determined by multiplying the new monthly amounts by 12.

1996 .............

Public Law 104–121, enacted Mar. 29, 1996, suspended the automatic indexing of the exempt
amounts through the year 2002 for workers aged 65–69. It legislated "ad hoc'' increases in the
annual exempt amounts to $12,500 in 1996; $13,500 in 1997; $14,500 in 1998; $15,500 in 1999;
$17,000 in 2000; $25,000 in 2001; and $30,000 in 2002. Thereafter, the exempt amounts will
increase automatically based on the annual increase in the national average wage index as under
the 1994 legislation.

2000 .............

Public Law 106–182, enacted April 7, 2000, eliminated the earnings test beginning with the month a
beneficiary reaches full retirement age (FRA). The annual earnings test that applies in the year of
attainment of FRA is based on the annual limits established under P.L. 104–121 (including the $1 for
$3 withholding rate). In determining annual earnings for purposes of the annual earnings test under
this legislation, only earnings before the month of attainment of FRA will be considered. Public Law
106–182 did not change the annual exempt amount for beneficiaries who are under FRA throughout
the year, which continues to be pegged to increases in the average wage.

CONTACT: Joseph Bondar/Curt Pauzenga (410) 965-0162/7210 for further information.

92

Social Security Bulletin • Annual Statistical Supplement • 2000

2.A OASDI: Benefit Computation & Automatic Adjustments
Table 2.A19.—Cumulative effect of statutory and automatic increases in benefits: $100 base benefit
Illustrated benefit growth
(Cost-of-living adjustment (COLA) increases only. Rounded to nearest dollar)
Base dates/
COLA
Aug. 1950...........
Sept. 1950..........
Sept. 1952..........
Sept. 1954..........
Jan. 1959 ...........
Jan. 1965 ...........
Feb. 1968...........
Jan. 1970 ...........
Jan. 1971 ...........
Sept. 1972..........
June 1974 ..........
June1975 ...........

Aug. 1950...........
Sept. 1950..........
Sept. 1952..........
Sept. 1954..........
Jan. 1959 ...........
Jan. 1965 ...........
Feb. 1968...........
Jan. 1970 ...........
Jan. 1971 ...........
Sept. 1972..........
June 1974 ..........
June1975 ...........
June 1976 ..........
June 1977 ..........
June 1978 ..........
June 1979 ..........
June 1980 ..........
June 1981 ..........
June 1982 ..........
Dec. 1983...........
Dec. 1984...........
Dec. 1985...........
Dec. 1986...........
Dec. 1987...........

Aug. 1950
...

Jan. 1959
7.0

Jan. 1965
7.0

Feb. 1968
13.0

$100
...
...
...
...
...
...
...
...
...
...
...

$177
100
...
...
...
...
...
...
...
...
...
...

$199
113
100
...
...
...
...
...
...
...
...
...

$225
127
113
100
...
...
...
...
...
...
...
...

$241
136
121
107
100
...
...
...
...
...
...
...

$258
146
129
114
107
100
...
...
...
...
...
...

$291
164
146
129
121
113
100
...
...
...
...
...

June 1976
6.4

June 1977
5.9

June 1978
6.5

June 1979
9.9

June 1980
14.3

June 1981
11.2

June 1982
7.4

$564
318
283
250
234
219
194
168
153
128
115
106
100
...
...
...
...
...
...
...
...
...
...
...

$597
337
300
265
248
232
205
178
162
135
122
113
106
100
...
...
...
...
...
...
...
...
...
...

$636
359
319
283
264
247
218
190
173
144
130
120
113
107
100
...
...
...
...
...
...
...
...
...

$699
395
351
310
290
271
240
209
190
158
142
132
124
117
110
100
...
...
...
...
...
...
...
...

$799
451
401
355
332
310
274
239
217
181
163
151
142
134
126
114
100

$888
502
446
395
369
345
305
265
241
201
181
168
158
149
140
127
111
100
...
...
...
...
...
...

$954
539
479
424
396
370
328
285
259
216
194
180
169
160
150
137
119
107
100
...
...
...
...
...

Dec. 1988
4.0
Aug. 1950...........
Sept. 1950..........
Sept. 1952..........
Sept. 1954..........
Jan. 1959 ...........
Jan. 1965 ...........
Feb. 1968...........
Jan. 1970 ...........
Jan. 1971 ...........
Sept. 1972..........
June 1974 ..........
June1975 ...........
June 1976 ..........
June 1977 ..........
June 1978 ..........
June 1979 ..........
June 1980 ..........
June 1981 ..........
June 1982 ..........
Dec. 1983...........
Dec. 1984...........
Dec. 1985...........
Dec. 1986...........
Dec. 1987...........
Dec. 1988...........
Dec. 1989...........
Dec. 1990...........
Dec. 1991...........
Dec. 1992...........
Dec. 1993...........
Dec. 1994...........
Dec. 1995...........
Dec. 1996...........
Dec. 1997...........
Dec. 1998...........
Dec. 1999...........

Sept. 1950 Sept. 1952 Sept. 1954
77.0
12.5
13.0

$1,156
653
581
514
480
449
397
345
314
262
236
218
205
194
182
166
145
130
121
117
113
110
108
104
100
...
...
...
...
...
...
...
...
...
...
...

Dec. 1989
4.7
$1,211
684
608
538
503
470
416
362
329
274
247
229
215
203
190
173
152
136
127
123
118
115
113
109
105
100
...
...
...
...
...
...
...
...
...
...

Dec. 1990
5.4
$1,276
721
641
567
530
495
438
381
347
289
260
241
226
214
201
183
160
144
134
129
125
121
120
115
110
105
100
...
...
...
...
...
...
...
...
...

Dec. 1991
3.7
$1,323
748
665
588
550
514
455
395
359
299
270
250
235
222
208
189
166
149
139
134
130
126
124
119
114
109
104
100
...
...
...
...
...
...
...
...

...
...
...
...
...
...
Dec. 1992
3.0
$1,363
770
684
606
566
529
468
407
370
308
278
257
242
228
214
195
171
153
143
138
133
129
128
123
118
113
107
103
100
...
...
...
...
...
...
...

Dec. 1993
2.6
$1,398
790
702
621
581
543
480
418
380
316
285
264
248
234
220
200
175
157
147
142
137
133
131
126
121
116
110
106
103
100
...
...
...
...
...
...

Dec. 1994
2.8
$1,437
812
722
639
597
558
494
429
390
325
293
271
255
241
226
206
180
162
151
146
141
136
135
129
124
119
113
109
105
103
100
...
...
...
...
...

Jan. 1970
15.0

Jan. 1971
10.0

$335
189
168
149
139
130
115
100
...
...
...
...
Dec. 1983
3.5

$368
208
185
164
153
143
127
110
100
...
...
...
Dec. 1984
3.5

$987
558
496
439
410
383
339
295
268
223
201
186
175
165
155
141
124
111
104
100
...
...
...
...
Dec. 1995
2.6

$1,022
577
513
454
424
397
351
305
277
231
208
193
181
171
161
146
128
115
107
104
100
...
...
...
Dec. 1996
2.9

$1,475
833
741
655
613
573
507
441
401
334
301
278
262
247
232
211
185
166
155
149
144
140
138
133
128
122
116
111
108
105
103
100
...
...
...
...

$1,518
857
762
674
630
589
521
453
412
343
309
286
269
254
239
217
190
171
159
154
149
144
142
137
131
125
119
115
111
109
106
103
100
...
...
...

Sept. 1972
20.0

June 1974
11.0

June 1975
8.0

$442
250
222
196
184
172
152
132
120
100
...
...

$491
277
246
218
204
190
168
147
133
111
100
...

$530
299
266
235
220
206
182
158
144
120
108
100

Dec. 1985
3.1
$1,053
595
529
468
437
409
362
315
286
238
215
199
187
176
166
151
132
119
110
107
103
100
...
...
Dec. 1997
2.1
$1,549
875
778
689
644
601
532
463
421
351
316
292
275
260
244
222
194
174
162
157
152
147
145
139
134
128
121
117
114
111
108
105
102
100
...
...

Dec. 1986
1.3
$1,067
603
536
474
443
414
367
319
290
241
218
201
189
179
168
153
134
120
112
108
104
101
100
...
Dec. 1998
1.3
$1,570
887
788
698
652
609
539
469
426
355
320
296
278
263
247
225
197
177
165
159
154
149
147
141
136
130
123
119
115
112
109
106
103
101
100
...

Dec. 1987
4.2
$1,112
628
558
494
462
432
382
332
302
252
227
210
197
186
175
159
139
125
117
113
109
106
104
100
Dec. 1999
2.4
$1,607
908
807
714
668
624
552
480
436
364
328
303
285
269
253
230
201
181
169
163
157
153
151
145
139
133
126
121
118
115
112
109
106
104
102
100

CONTACT: Curt Pauzenga/Joseph Bondar (410) 965-7210/0162 for further information.

Social Security Bulletin • Annual Statistical Supplement • 2000

93