| Year | Scheduled | Payable | 38 years | 40 years |
|---|---|---|---|---|
| 1940 | 17.60% | 17.70% | 17.60% | 17.60% |
| 1945 | 17.50% | 17.60% | 17.60% | 17.60% |
| 1950 | 15.20% | 15.30% | 15.20% | 15.20% |
| 1955 | 14.80% | 15.00% | 14.70% | 14.70% |
| 1960 | 14.80% | 15.20% | 14.70% | 14.60% |
| 1965 | 14.90% | 15.60% | 14.80% | 14.80% |
| 1970 | 14.70% | 15.60% | 14.50% | 14.50% |
| 1975 | 15.10% | 16.70% | 14.90% | 14.90% |
| 1980 | 16.40% | 18.70% | 16.30% | 16.30% |
| 1985 | 18.40% | 20.70% | 18.30% | 18.30% |
| 1990 | 16.90% | 18.80% | 16.80% | 16.70% |
| 1995 | 16.80% | 18.40% | 16.70% | 16.70% |
| 2000 | 17.20% | 18.40% | 17.10% | 17.10% |
| 2005 | 16.90% | 17.80% | 16.80% | 16.70% |
| 2010 | 17.20% | 17.80% | 17.00% | 17.00% |
| 2015 | 17.60% | 18.20% | 17.50% | 17.40% |
| 2020 | 16.60% | 17.10% | 16.50% | 16.40% |
| SOURCE: Author's calculations from MINT (Modeling Income in the Near Term) data. | ||||