Proposed Provision: For each year from 2011-2041, multiply the 32 and 15 percent formula factors by 0.987, reducing the factors to 21 percent and 10 percent respectively, for new eligibles in 2041 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
201012.312.313.113.1
201112.912.913.013.0
201212.912.912.812.8
201312.912.912.812.8
201412.912.912.912.8
201512.912.913.012.9
201613.013.013.113.0
201713.013.013.313.2
201813.013.013.513.4
201913.013.013.813.6
202013.013.014.113.9
202113.113.114.514.2
202213.113.114.714.4
202313.113.115.014.6
202413.113.115.314.8
202513.113.115.515.0
202613.113.115.815.1
202713.213.116.015.3
202813.213.116.115.4
202913.213.116.315.5
203013.213.116.415.5
203113.213.216.515.5
203213.213.216.615.5
203313.213.216.715.5
203413.213.216.715.5
203513.213.216.715.4
203613.213.216.715.4
203713.213.216.715.3
203813.213.216.715.2
203913.213.116.715.1
204013.213.116.615.0
204113.213.116.614.9
204213.213.116.614.8
204313.213.116.514.6
204413.213.116.514.5
204513.213.116.414.4
204613.213.116.414.4
204713.213.116.414.3
204813.213.116.414.2
204913.213.116.414.1
205013.213.116.314.0
205113.213.116.314.0
205213.213.116.313.9
205313.213.116.313.9
205413.213.116.313.9
205513.213.116.413.8
205613.213.116.413.8
205713.213.116.413.8
205813.213.116.413.8
205913.213.116.513.8
206013.213.116.513.8
206113.213.116.513.8
206213.213.116.513.8
206313.213.116.613.8
206413.313.116.613.8
206513.313.116.613.8
206613.313.116.713.8
206713.313.116.713.8
206813.313.116.713.9
206913.313.116.813.9
207013.313.116.813.9
207113.313.116.813.9
207213.313.116.914.0
207313.313.116.914.0
207413.313.117.014.0
207513.313.117.014.1
207613.313.117.114.1
207713.313.117.114.1
207813.313.117.214.2
207913.313.117.214.2
208013.313.117.314.2
208113.313.117.314.3
208213.313.117.314.3
208313.313.117.414.3
208413.313.117.414.4
208513.313.117.514.4
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