Tbl_IV1.html—Act. Study No.119

IV.1.—Contribution Rates to the OASI and DI Trust Funds

(Calendar years 1980-2014)

[Percent]
Year	Employee and employer rates, each			Self-employed rates
Year	OASI	DI	OASDI	OASI	DI	OASDI
1980	4.520	0.560	5.080	6.273	0.777	7.050
1981	4.700	.650	5.350	7.025	.975	8.000
1982	4.575	.825	5.400	6.813	1.237	8.050
1983	4.775	.625	5.400	7.113	.938	8.050
1984	¹5.200	¹.500	¹5.700	²10.400	²1.000	²11.400
1985	5.200	.500	5.700	²10.400	²1.000	²11.400
1986	5.200	.500	5.700	²10.400	²1.000	²11.400
1987	5.200	.500	5.700	²10.400	²1.000	²11.400
1988	5.530	.530	6.060	²11.060	²1.060	²12.120
1989	5.530	.530	6.060	²11.060	²1.060	²12.120
1990	5.600	.600	6.200	11.200	1.200	12.400
1991	5.600	.600	6.200	11.200	1.200	12.400
1992	5.600	.600	6.200	11.200	1.200	12.400
1993	5.600	.600	6.200	11.200	1.200	12.400
1994	5.260	.940	6.200	10.520	1.880	12.400
1995	5.260	.940	6.200	10.520	1.880	12.400
1996	5.260	.940	6.200	10.520	1.880	12.400
1997	5.350	.850	6.200	10.700	1.700	12.400
1998	5.350	.850	6.200	10.700	1.700	12.400
1999	5.350	.850	6.200	10.700	1.700	12.400
2000	5.300	.900	6.200	10.600	1.800	12.400
2001	5.300	.900	6.200	10.600	1.800	12.400
2002	5.300	.900	6.200	10.600	1.800	12.400
2003	5.300	.900	6.200	10.600	1.800	12.400
2004	5.300	.900	6.200	10.600	1.800	12.400
2005	5.300	.900	6.200	10.600	1.800	12.400
2006	5.300	.900	6.200	10.600	1.800	12.400
2007	5.300	.900	6.200	10.600	1.800	12.400
2008	5.300	.900	6.200	10.600	1.800	12.400
2009	5.300	.900	6.200	10.600	1.800	12.400
2010	5.300	.900	6.200	10.600	1.800	12.400
2011	5.300	.900	6.200	10.600	1.800	12.400
2012	5.300	.900	6.200	10.600	1.800	12.400
2013	5.300	.900	6.200	10.600	1.800	12.400
2014	5.300	.900	6.200	10.600	1.800	12.400

¹Employees were allowed an immediate credit against their FICA tax liability in 1984 in the following percentages:

—OASI 0.2736842 percent; DI, 0.0263158 percent; OASDI, 0.3 percent.

²Self-employed persons were allowed credit against their SECA tax liability for 1984-89 in the following percentages:

—1984: OASI, 2.01 Percent; DI, 0.19 percent; OASDI, 2.2 percent;

—1985: OASI, 1.70 Percent; DI, 0.16 percent; OASDI, 1.86 percent;

—1986-87: OASI, 1.45 Percent; DI, 0.14 percent; OASDI, 1.59 percent;

—1988-89: OASI, 1.47 Percent; DI, 0.14 percent; OASDI, 1.61 percent.

OASDI employee and employer rates from Internal Revenue Code, Subtitle C—Employment Taxes, Chapter 21—Federal Insurance Contributions Act, Subchapter A—Tax on Employees, Sec. 3101—Rate of tax, and Subchapter B—Tax on Employers, Sec. 3111—Rate of tax, respectively.

DI employee-employer rate, combined, from Social Security Act, section 201(b)(1).

OASDI self-employed rates from Internal Revenue Code, Subtitle A—Income Taxes, Chapter 2—Tax on Self-Employment Income, Sec. 1401—Rate of tax, subsection (a)—Old-Age, Survivors, and Disability Insurance.

DI self-employed rate from Social Security Act, section 201(b)(2).

OASI rates implied from OASDI and DI rates.

OASDI employee credit from Internal Revenue Code, Subtitle C—Employment Taxes, Chapter 25—General Provisions Relating to Employment Taxes, Sec. 3510—Credit for increased social security employee taxes and railroad retirement tier 1 employee taxes imposed during 1984.

OASDHI self-employed credit from Internal Revenue code, Subtitle A—Income Taxes, Chapter 2—Tax on Self-Employment Income, Sec. 1401—Rate of tax, subsection (c)—Credit Against Taxes Imposed by this Section.

OASI and DI credit from unpublished Treasury documents.

Short-Range Actuarial Projections of the Old-Age, Survivors, and Disability Insurance Program, 2005
ACTUARIAL STUDY NO. 119 by Chris Motsiopoulos and Richard B. Tucker

Short-Range Actuarial Projectionsof the Old-Age, Survivors, and Disability Insurance Program, 2005

Short-Range Actuarial Projections
of the Old-Age, Survivors, and
Disability Insurance Program, 2005