Proposed Provision: Increase benefits by 20 percent for all beneficiaries as of the beginning of 2014 and for those newly eligible for benefits after the beginning of 2014.

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

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201312.712.713.913.9
201412.812.914.016.8
201512.913.014.016.7
201612.913.013.916.7
201712.913.013.916.6
201812.913.013.916.7
201912.913.114.116.8
202013.013.114.317.1
202113.013.114.417.3
202213.013.214.717.6
202313.013.215.017.9
202413.113.215.218.2
202513.113.215.518.5
202613.113.215.718.8
202713.113.215.919.1
202813.113.316.119.3
202913.113.316.319.6
203013.113.316.519.8
203113.113.316.619.9
203213.113.316.820.1
203313.213.316.920.2
203413.213.316.920.3
203513.213.317.020.4
203613.213.317.020.4
203713.213.317.020.4
203813.213.317.020.4
203913.213.317.020.4
204013.213.317.020.3
204113.213.316.920.3
204213.213.316.920.3
204313.213.316.920.2
204413.213.316.820.2
204513.213.316.820.2
204613.213.316.820.2
204713.213.316.820.1
204813.213.316.820.1
204913.213.316.820.1
205013.213.316.820.1
205113.213.316.820.1
205213.213.316.820.2
205313.213.316.820.2
205413.213.316.920.2
205513.213.316.920.3
205613.213.317.020.3
205713.213.317.020.4
205813.213.417.020.4
205913.213.417.120.5
206013.213.417.120.6
206113.213.417.220.6
206213.213.417.220.7
206313.213.417.320.7
206413.213.417.320.8
206513.213.417.420.8
206613.213.417.420.9
206713.213.417.420.9
206813.213.417.521.0
206913.213.417.521.0
207013.213.417.621.1
207113.213.417.621.1
207213.213.417.721.2
207313.213.417.721.2
207413.213.417.721.2
207513.213.417.721.3
207613.213.417.721.3
207713.213.417.721.3
207813.213.417.721.3
207913.213.417.721.3
208013.213.417.821.3
208113.213.417.821.3
208213.213.417.821.4
208313.213.417.821.4
208413.213.417.921.4
208513.213.417.921.5
208613.213.418.021.5
208713.213.418.021.6
208813.213.418.121.7
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