Proposed Provision: Increase the earliest eligibility age (EEA) by two months per year for those age 62 starting in 2018 and ending in 2035 (EEA reaches 65 for those age 62 in 2035).

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
201712.912.913.713.7
201813.013.013.913.8
201913.013.014.013.9
202013.013.014.114.0
202113.013.014.314.1
202213.013.114.514.3
202313.113.114.814.5
202413.113.115.014.7
202513.113.215.314.9
202613.113.215.515.0
202713.113.215.615.2
202813.213.215.815.3
202913.213.216.015.5
203013.213.216.115.6
203113.213.216.215.8
203213.213.216.315.9
203313.213.316.416.1
203413.213.316.516.2
203513.213.316.516.3
203613.213.316.616.4
203713.213.316.616.5
203813.213.316.616.6
203913.213.316.616.6
204013.213.316.616.6
204113.213.316.616.6
204213.213.316.516.7
204313.213.316.516.7
204413.213.316.516.7
204513.213.316.416.7
204613.213.316.416.7
204713.213.316.416.6
204813.213.316.416.6
204913.213.316.416.6
205013.213.316.416.6
205113.213.316.416.7
205213.213.316.416.7
205313.213.316.416.7
205413.213.316.416.8
205513.213.316.516.8
205613.213.316.516.9
205713.313.316.616.9
205813.313.316.617.0
205913.313.316.717.1
206013.313.316.717.1
206113.313.416.817.2
206213.313.416.817.2
206313.313.416.917.3
206413.313.416.917.3
206513.313.417.017.4
206613.313.417.017.5
206713.313.417.117.5
206813.313.417.117.6
206913.313.417.217.6
207013.313.417.217.7
207113.313.417.317.8
207213.313.417.317.8
207313.313.417.317.8
207413.313.417.417.9
207513.313.417.417.9
207613.313.417.417.9
207713.313.417.417.9
207813.313.417.417.9
207913.313.417.417.9
208013.313.417.417.9
208113.313.417.417.9
208213.313.417.417.9
208313.313.417.417.9
208413.313.417.417.9
208513.313.417.518.0
208613.313.417.518.0
208713.313.417.518.1
208813.313.417.618.1
208913.313.417.618.1
209013.313.417.718.2
209113.313.417.718.2
back