Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2017 until taxable earnings equal 90 percent of covered earnings. Provide benefit credit for earnings up to the revised taxable maximum.

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

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201612.912.914.014.0
201712.913.013.713.7
201813.013.113.913.9
201913.013.114.014.0
202013.013.214.114.1
202113.013.214.314.3
202213.013.314.514.5
202313.113.414.814.8
202413.113.415.015.0
202513.113.515.315.3
202613.113.515.515.5
202713.113.615.615.7
202813.213.615.815.8
202913.213.716.016.0
203013.213.716.116.1
203113.213.716.216.2
203213.213.816.316.3
203313.213.816.416.4
203413.213.816.516.5
203513.213.916.516.5
203613.213.916.616.6
203713.213.916.616.6
203813.214.016.616.7
203913.214.016.616.7
204013.214.016.616.6
204113.214.016.616.6
204213.214.116.516.6
204313.214.116.516.6
204413.214.116.516.5
204513.214.116.416.5
204613.214.116.416.5
204713.214.216.416.5
204813.214.216.416.5
204913.214.216.416.5
205013.214.216.416.5
205113.214.216.416.5
205213.214.316.416.5
205313.214.316.416.5
205413.214.316.416.6
205513.214.316.516.6
205613.214.316.516.7
205713.314.316.616.7
205813.314.316.616.8
205913.314.316.716.9
206013.314.316.716.9
206113.314.316.817.0
206213.314.316.817.0
206313.314.316.917.1
206413.314.316.917.2
206513.314.317.017.2
206613.314.317.017.3
206713.314.317.117.3
206813.314.417.117.4
206913.314.417.217.5
207013.314.417.217.5
207113.314.417.317.6
207213.314.417.317.6
207313.314.417.317.7
207413.314.417.417.7
207513.314.417.417.7
207613.314.417.417.8
207713.314.417.417.8
207813.314.417.417.8
207913.314.417.417.8
208013.314.417.417.8
208113.314.417.417.8
208213.314.417.417.8
208313.314.417.417.8
208413.314.417.417.9
208513.314.417.517.9
208613.314.417.517.9
208713.314.417.518.0
208813.314.417.618.0
208913.314.417.618.1
209013.314.417.718.1
209113.314.417.718.2
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