Proposed Provision: B4.2. Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2024-2032.

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

  Income Rates Cost Rates
Year Current Law Provision Current Law Provision
202313.313.314.514.5
202412.912.914.914.9
202513.013.015.015.0
202613.113.115.215.2
202713.113.115.415.4
202813.113.115.615.5
202913.213.215.715.7
203013.213.215.915.8
203113.213.216.016.0
203213.213.216.116.1
203313.213.216.316.2
203413.313.316.416.3
203513.313.316.516.3
203613.313.316.616.4
203713.313.316.616.4
203813.313.316.716.5
203913.313.316.716.5
204013.313.316.816.5
204113.313.316.816.5
204213.313.316.816.5
204313.313.316.816.5
204413.313.316.816.5
204513.313.316.916.5
204613.313.316.916.5
204713.313.316.916.5
204813.313.316.916.5
204913.313.317.016.5
205013.313.317.016.5
205113.313.317.016.5
205213.313.317.116.5
205313.313.317.116.5
205413.313.317.216.6
205513.313.317.216.6
205613.313.317.316.7
205713.413.317.416.8
205813.413.317.516.8
205913.413.317.516.9
206013.413.317.617.0
206113.413.317.717.0
206213.413.317.817.1
206313.413.317.817.1
206413.413.417.917.2
206513.413.417.917.3
206613.413.418.017.3
206713.413.418.117.4
206813.413.418.117.4
206913.413.418.217.5
207013.413.418.217.5
207113.413.418.317.6
207213.413.418.317.6
207313.413.418.417.7
207413.413.418.417.7
207513.413.418.517.7
207613.413.418.517.8
207713.413.418.517.8
207813.413.418.517.8
207913.413.418.517.8
208013.413.418.517.8
208113.413.418.417.7
208213.413.418.417.7
208313.413.418.317.6
208413.413.418.317.6
208513.413.418.217.5
208613.413.418.217.5
208713.413.418.117.4
208813.413.418.017.3
208913.413.418.017.3
209013.413.417.917.2
209113.413.417.817.2
209213.413.417.817.1
209313.413.417.817.1
209413.413.417.817.1
209513.413.417.717.1
209613.413.417.717.1
209713.413.417.817.1
209813.413.417.817.1
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