Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2012 and later, reduce PIA formula factors so that benefits grow by inflation rather than by increases in real wages

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

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
200512.712.711.111.1
200612.712.711.011.0
200712.712.710.910.9
200812.812.811.011.0
200912.812.811.111.1
201012.812.811.311.3
201112.812.811.411.4
201212.912.911.711.7
201312.912.911.911.9
201412.912.912.212.2
201512.912.912.512.4
201613.013.012.812.7
201713.013.013.113.0
201813.013.013.413.2
201913.013.013.713.5
202013.013.014.013.7
202113.113.014.314.0
202213.113.114.714.2
202313.113.115.014.4
202413.113.115.314.6
202513.113.115.514.8
202613.113.115.815.0
202713.213.116.115.1
202813.213.116.315.2
202913.213.116.515.3
203013.213.116.715.4
203113.213.116.915.4
203213.213.117.115.5
203313.213.117.215.5
203413.213.217.315.4
203513.213.117.415.4
203613.313.117.415.3
203713.313.117.515.2
203813.313.117.515.1
203913.313.117.515.0
204013.313.117.514.9
204113.313.117.514.7
204213.313.117.514.6
204313.313.117.514.4
204413.313.117.514.3
204513.313.117.514.2
204613.313.117.614.0
204713.313.117.613.9
204813.313.117.613.8
204913.313.117.613.7
205013.313.117.613.5
205113.313.117.713.4
205213.313.117.713.3
205313.313.117.813.2
205413.313.117.813.1
205513.313.117.813.0
205613.313.017.912.9
205713.313.017.912.8
205813.313.018.012.7
205913.313.018.112.6
206013.313.018.112.5
206113.313.018.212.4
206213.313.018.212.3
206313.313.018.312.2
206413.313.018.312.1
206513.313.018.412.0
206613.313.018.512.0
206713.313.018.511.9
206813.313.018.611.8
206913.313.018.611.7
207013.413.018.711.6
207113.413.018.711.5
207213.413.018.811.4
207313.413.018.811.3
207413.413.018.911.3
207513.413.018.911.2
207613.413.018.911.1
207713.413.019.011.0
207813.413.019.010.9
207913.413.019.110.8
208013.413.019.110.7
208113.412.919.210.6
208213.412.919.210.6
208313.412.919.310.5
208413.412.919.310.4
208513.412.919.410.3
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