Proposed Provision: Increase the first PIA bend point above the current law level for workers newly eligible for benefits in 2019 and later; by 1 percent for 2019, by 2 percent for 2020,..., and by 15 percent for 2033 and later.

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

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201212.912.913.813.8
201312.812.814.014.0
201412.912.914.014.0
201513.013.014.014.0
201613.013.013.913.9
201713.013.013.913.9
201813.013.014.014.0
201913.113.114.114.1
202013.113.114.414.4
202113.113.114.714.7
202213.113.115.015.0
202313.113.115.315.3
202413.213.215.615.6
202513.213.215.915.9
202613.213.216.216.2
202713.213.216.416.5
202813.213.216.616.7
202913.213.216.816.9
203013.213.317.017.1
203113.313.317.117.3
203213.313.317.217.4
203313.313.317.317.5
203413.313.317.417.6
203513.313.317.417.7
203613.313.317.417.7
203713.313.317.417.7
203813.313.317.417.8
203913.313.317.417.7
204013.313.317.417.7
204113.313.317.317.7
204213.313.317.317.7
204313.313.317.217.7
204413.313.317.217.7
204513.313.317.217.7
204613.313.317.217.7
204713.313.317.117.7
204813.313.317.117.7
204913.313.317.117.7
205013.313.317.117.7
205113.313.317.117.7
205213.313.317.117.7
205313.313.317.117.7
205413.313.317.117.7
205513.313.317.117.7
205613.313.317.117.8
205713.313.317.117.8
205813.313.317.117.8
205913.313.317.117.8
206013.313.317.217.8
206113.313.317.217.9
206213.313.317.217.9
206313.313.317.217.9
206413.313.317.217.9
206513.313.317.217.9
206613.313.317.217.9
206713.313.317.218.0
206813.313.317.318.0
206913.313.317.318.0
207013.313.317.318.0
207113.313.317.418.1
207213.313.317.418.1
207313.313.317.418.1
207413.313.317.418.2
207513.313.317.518.2
207613.313.317.518.2
207713.313.317.518.2
207813.313.417.518.3
207913.313.417.618.3
208013.313.417.618.3
208113.313.417.618.4
208213.313.417.718.4
208313.313.417.718.5
208413.313.417.818.5
208513.313.417.818.5
208613.313.417.818.6
208713.313.417.918.6
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