Annual Statistical Supplement, 2025

Program Provisions

Old-Age, Survivors, and Disability Insurance

NOTES: The following descriptive tables have moved to the Old-Age, Survivors, and Disability Insurance Program Reference for Statistical Publications: 2.A1, 2.A2, 2.A5, 2.A6, 2.A7, 2.A10, 2.A14, 2.A17.1, 2.A17.2, 2.A17.3, 2.A18, 2.A20, 2.A21, 2.A22, and 2.A25. The original table numbers are included in each new table's notes.

Also, we are discontinuing publication of—

  • Table 2.A11.1, which showed the history of primary insurance amount (PIA) computation factors based on the Windfall Elimination Provision (WEP). The Social Security Fairness Act (enacted January 2025) repealed the WEP retroactively to benefits payable in or after January 2024. See the Annual Statistical Supplement, 2024 for the final edition of this table.
  • Table 2.A17, which showed minimum PIAs and approximate maximum family benefit formulas for individuals first eligible for Social Security benefits before 1979. Actuarial Services releases the official tables for these values at Benefit Tables For Persons Eligible Before 1979.
  • Tables 2.A23 and 2.A24, because they covered information no longer pertinent to benefits in current-payment status. See the Annual Statistical Supplement, 2024 for the final editions of these tables.
  • Tables 2.A29, 2.A29.1, and 2.A30, which provided retirement earnings test and substantial gainful activity provisions. See instead Exempt Amounts Under the Earnings Test and Substantial Gainful Activity.
  • Tables 2.A31 and 2.A32, which provided information about federal income taxes for Social Security benefits. The Internal Revenue Service (IRS) maintains this information in IRS Publication 915, “Social Security and Equivalent Railroad Retirement Benefits.”
Table 2.A3 Annual maximum taxable earnings and contribution rates, 1937–2025
Year Annual maximum taxable earnings (dollars) Contribution rate (percent)
Employer and employee, each Self-employed person
OASDI HI Total, OASDI and HI OASI DI HI Total, OASDI and HI OASI DI HI
1937–1949 3,000 . . . 1.0 1.0 . . . . . . . . . . . . . . . . . .
1950 3,000 . . . 1.5 1.5 . . . . . . . . . . . . . . . . . .
1951–1953 3,600 . . . 1.5 1.5 . . . . . . 2.25 2.25 . . . . . .
1954 3,600 . . . 2.0 2.0 . . . . . . 3.0 3.0 . . . . . .
1955–1956 4,200 . . . 2.0 2.0 . . . . . . 3.0 3.0 . . . . . .
1957–1958 4,200 . . . 2.25 2.0 0.25 . . . 3.375 3.0 0.375 . . .
1959 4,800 . . . 2.5 2.25 0.25 . . . 3.75 3.375 0.375 . . .
1960–1961 4,800 . . . 3.0 2.75 0.25 . . . 4.5 4.125 0.375 . . .
1962 4,800 . . . 3.125 2.875 0.25 . . . 4.7 4.325 0.375 . . .
1963–1965 4,800 . . . 3.625 3.375 0.25 . . . 5.4 5.025 0.375 . . .
1966 6,600 6,600 4.2 3.5 0.35 0.35 6.15 5.275 0.525 0.35
1967 6,600 6,600 4.4 3.55 0.35 0.5 6.4 5.375 0.525 0.5
1968 7,800 7,800 4.4 3.325 0.475 0.6 6.4 5.0875 0.7125 0.6
1969 7,800 7,800 4.8 3.725 0.475 0.6 6.9 5.5875 0.7125 0.6
1970 7,800 7,800 4.8 3.65 0.55 0.6 6.9 5.475 0.825 0.6
1971 7,800 7,800 5.2 4.05 0.55 0.6 7.5 6.075 0.825 0.6
1972 9,000 9,000 5.2 4.05 0.55 0.6 7.5 6.075 0.825 0.6
1973 10,800 10,800 5.85 4.3 0.55 1.0 8.0 6.205 0.795 1.0
1974 13,200 13,200 5.85 4.375 0.575 0.9 7.9 6.185 0.815 0.9
1975 a 14,100 a 14,100 5.85 4.375 0.575 0.9 7.9 6.185 0.815 0.9
1976 a 15,300 a 15,300 5.85 4.375 0.575 0.9 7.9 6.185 0.815 0.9
1977 a 16,500 a 16,500 5.85 4.375 0.575 0.9 7.9 6.185 0.815 0.9
1978 a 17,700 a 17,700 6.05 4.275 0.775 1.0 8.1 6.01 1.09 1.0
1979 22,900 22,900 6.13 4.33 0.75 1.05 8.1 6.01 1.04 1.05
1980 25,900 25,900 6.13 4.52 0.56 1.05 8.1 6.2725 0.7775 1.05
1981 29,700 29,700 6.65 4.7 0.65 1.3 9.3 7.025 0.975 1.3
1982 a 32,400 a 32,400 6.7 4.575 0.825 1.3 9.35 6.8125 1.2375 1.3
1983 a 35,700 a 35,700 6.7 4.775 0.625 1.3 9.35 7.1125 0.9375 1.3
1984 a 37,800 a 37,800 b 7.0 5.2 0.5 1.3 b 14.0 10.4 1.0 2.6
1985 a 39,600 a 39,600 7.05 5.2 0.5 1.35 b 14.1 10.4 1.0 2.7
1986 a 42,000 a 42,000 7.15 5.2 0.5 1.45 b 14.3 10.4 1.0 2.9
1987 a 43,800 a 43,800 7.15 5.2 0.5 1.45 b 14.3 10.4 1.0 2.9
1988 a 45,000 a 45,000 7.51 5.53 0.53 1.45 b 15.02 11.06 1.06 2.9
1989 a 48,000 a 48,000 7.51 5.53 0.53 1.45 b 15.02 11.06 1.06 2.9
1990 c 51,300 c 51,300 7.65 5.6 0.6 1.45 15.3 11.2 1.2 2.9
1991 c 53,400 d 125,000 7.65 5.6 0.6 1.45 15.3 11.2 1.2 2.9
1992 c 55,500 130,200 7.65 5.6 0.6 1.45 15.3 11.2 1.2 2.9
1993 a 57,600 a 135,000 7.65 5.6 0.6 1.45 15.3 11.2 1.2 2.9
1994 a 60,600 e 7.65 5.26 0.94 1.45 15.3 10.52 1.88 2.9
1995 a 61,200 e 7.65 5.26 0.94 1.45 15.3 10.52 1.88 2.9
1996 a 62,700 e 7.65 5.26 0.94 1.45 15.3 10.52 1.88 2.9
1997 a 65,400 e 7.65 5.35 0.85 1.45 15.3 10.7 1.7 2.9
1998 a 68,400 e 7.65 5.35 0.85 1.45 15.3 10.7 1.7 2.9
1999 a 72,600 e 7.65 5.35 0.85 1.45 15.3 10.7 1.7 2.9
2000 a 76,200 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2001 a 80,400 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2002 a 84,900 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2003 a 87,000 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2004 a 87,900 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2005 a 90,000 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2006 a 94,200 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2007 a 97,500 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2008 a 102,000 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2009 a 106,800 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2010 a 106,800 e f 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2011 a 106,800 e g 7.65 5.3 0.9 1.45 g 15.3 10.6 1.8 2.9
2012 a 110,100 e g 7.65 5.3 0.9 1.45 g 15.3 10.6 1.8 2.9
2013 h a 113,700 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2014 h a 117,000 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2015 h a 118,500 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2016 h,i a 118,500 e 7.65 5.015 1.185 1.45 15.3 10.03 2.37 2.9
2017 h,i a 127,200 e 7.65 5.015 1.185 1.45 15.3 10.03 2.37 2.9
2018 h,i a 128,400 e 7.65 5.015 1.185 1.45 15.3 10.03 2.37 2.9
2019 h a 132,900 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2020 h a 137,700 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2021 h a 142,800 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2022 h a 147,000 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2023 h a 160,200 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2024 h a 168,600 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
2025 h a 176,100 e 7.65 5.3 0.9 1.45 15.3 10.6 1.8 2.9
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: DI = Disability Insurance; HI = Hospital Insurance; OASI = Old-Age and Survivors Insurance; OASDI = Old-Age, Survivors, and Disability Insurance; . . . = not applicable.
Table shows the contribution (tax) rates used to determine total amounts received by the trust funds. Occasional temporary tax credits and rate reductions affect the rates paid by employers, employees, or self-employed persons, and are summarized in footnotes as applicable.
a. Based on automatic adjustment, under legislation in 1972 (as modified by legislation in 1973), in proportion to increases in average wage level.
b. In 1984, the 5.7 percent OASDI tax on taxable wages of employees was offset by a tax credit of 0.3 percent, resulting in an effective employee tax rate of 5.4 percent. However, the OASDI trust funds received the full 5.7 percent because of a general revenue transfer equivalent to 0.3 percent of taxable wages. Similar credits of 2.7 percent, 2.3 percent, and 2.0 percent were allowed against the combined OASDI and HI taxes on net earnings from self-employment in 1984, 1985, and from 1986 to 1989, respectively.
c. Based on automatic adjustment, under legislation in 1972 (as modified by legislation in 1973), using a transitional rule, specified by the Omnibus Budget Reconciliation Act (OBRA) of 1989, for computing a "deemed" average annual wage for 1988, 1989, and 1990.
d. Based on legislation in 1990.
e. Upper limit on earnings subject to HI taxes was repealed by OBRA 1993.
f. For 2010, most employers were exempt from paying the employer share of OASDI tax on wages paid to certain qualified individuals hired after February 3. Amounts equal to the revenue forgone were transferred from the general fund of the Treasury to the OASI and DI Trust Funds.
g. For 2011 and 2012, the combined OASDI payroll tax rate was reduced by 2.0 percent for employees and for self-employed workers, resulting in a 4.2 percent effective tax rate for employees and a 10.4 percent effective tax rate for self-employed workers. The authorizing legislation does not specify percentage reductions attributable to the separate OASI and DI Trust Funds. Amounts equal to the revenue forgone were transferred from the general fund of the Treasury to the trust funds.
h. Beginning in 2013, an additional HI tax of 0.9 percent is assessed on earned income exceeding $200,000 for individuals and $250,000 for married couples filing jointly. This additional HI tax rate is not reflected in the contribution rates shown in the table.
i. Public Law 114-74, the Bipartisan Budget Act of 2015, temporarily re-allocated a portion of the OASI tax rate to DI for calendar years 2016 through 2018.
CONTACT: statistics@ssa.gov.
Table 2.A4 Maximum annual amount of contributions, 1937–2025 (in dollars)
Year Employee Self-employed person
Total, OASDI and HI Subtotal, OASDI OASI DI HI Total, OASDI and HI Subtotal, OASDI OASI DI HI
1937–1949 30.00 30.00 30.00 . . . . . . . . . . . . . . . . . . . . .
1950 45.00 45.00 45.00 . . . . . . . . . . . . . . . . . . . . .
1951–1953 54.00 54.00 54.00 . . . . . . 81.00 81.00 81.00 . . . . . .
1954 72.00 72.00 72.00 . . . . . . 108.00 108.00 108.00 . . . . . .
1955–1956 84.00 84.00 84.00 . . . . . . 126.00 126.00 126.00 . . . . . .
1957–1958 94.50 94.50 84.00 10.50 . . . 141.75 141.75 126.00 15.75 . . .
1959 120.00 120.00 108.00 12.00 . . . 180.00 180.00 162.00 18.00 . . .
1960–1961 144.00 144.00 132.00 12.00 . . . 216.00 216.00 198.00 18.00 . . .
1962 150.00 150.00 138.00 12.00 . . . 225.60 225.60 207.60 18.00 . . .
1963–1965 174.00 174.00 162.00 12.00 . . . 259.20 259.20 241.20 18.00 . . .
1966 277.20 254.10 231.00 23.10 23.10 405.90 382.80 348.15 34.65 23.10
1967 290.40 257.40 234.30 23.10 33.00 422.40 389.40 354.75 34.65 33.00
1968 343.20 296.40 259.35 37.05 46.80 499.20 452.40 396.825 55.575 46.80
1969 374.40 327.60 290.55 37.05 46.80 538.20 491.40 435.825 55.575 46.80
1970 374.40 327.60 284.70 42.90 46.80 538.20 491.40 427.05 64.35 46.80
1971 405.60 358.80 315.90 42.90 46.80 585.00 538.20 473.85 64.35 46.80
1972 468.00 414.00 364.50 49.50 54.00 675.00 621.00 546.75 74.25 54.00
1973 631.80 523.80 464.40 59.40 108.00 864.00 756.00 670.14 85.86 108.00
1974 772.20 653.40 577.50 75.90 118.80 1,042.80 924.00 816.42 107.58 118.80
1975 824.85 697.95 616.875 81.075 126.90 1,113.90 987.00 872.085 114.915 126.90
1976 895.05 757.35 669.375 87.975 137.70 1,208.70 1,071.00 946.305 124.695 137.70
1977 965.25 816.75 721.875 94.875 148.50 1,303.50 1,155.00 1,020.525 134.475 148.50
1978 1,070.85 893.85 756.675 137.175 177.00 1,433.70 1,256.70 1,063.77 192.93 177.00
1979 1,403.77 1,163.32 991.59 171.75 240.45 1,854.90 1,614.45 1,376.29 238.16 240.45
1980 1,587.67 1,315.72 1,170.68 145.04 271.95 2,097.90 1,825.95 1,624.58 201.37 271.95
1981 1,975.05 1,588.95 1,395.90 193.05 386.10 2,762.10 2,376.00 2,086.43 289.57 386.10
1982 2,170.80 1,749.60 1,482.30 267.30 421.20 3,029.40 2,608.20 2,207.25 400.95 421.20
1983 2,391.90 1,927.80 1,704.675 223.125 464.10 3,337.95 2,873.85 2,539.1625 334.6875 464.10
1984 a 2,646.00 2,154.60 1,965.60 189.00 491.40 5,292.00 4,309.20 3,931.20 378.00 982.80
1985 a 2,791.80 2,257.20 2,059.20 198.00 534.60 5,583.60 4,514.40 4,118.40 396.00 1,069.20
1986 a 3,003.00 2,394.00 2,184.00 210.00 609.00 6,006.00 4,788.00 4,368.00 420.00 1,218.00
1987 a 3,131.70 2,496.60 2,277.60 219.00 635.10 6,263.40 4,993.20 4,555.20 438.00 1,270.20
1988 a 3,379.50 2,727.00 2,488.50 238.50 652.50 6,759.00 5,454.00 4,977.00 477.00 1,305.00
1989 a 3,604.80 2,908.80 2,654.40 254.40 696.00 7,209.60 5,817.60 5,308.80 508.80 1,392.00
1990 3,924.45 3,180.60 2,872.80 307.80 743.85 7,848.90 6,361.20 5,745.60 615.60 1,487.70
1991 5,123.30 3,310.80 2,990.40 320.40 1,812.50 10,246.60 6,621.60 5,980.80 640.80 3,625.00
1992 5,328.90 3,441.00 3,108.00 333.00 1,887.90 10,657.80 6,882.00 6,216.00 666.00 3,775.80
1993 5,528.70 3,571.20 3,225.60 345.60 1,957.50 11,057.40 7,142.40 6,451.20 691.20 3,915.00
1994 b 3,757.20 3,187.56 569.64 b b 7,514.40 6,375.12 1,139.28 b
1995 b 3,794.40 3,219.12 575.28 b b 7,588.80 6,438.24 1,150.56 b
1996 b 3,887.40 3,298.02 589.38 b b 7,774.80 6,596.04 1,178.76 b
1997 b 4,054.80 3,498.90 555.90 b b 8,109.60 6,997.80 1,111.80 b
1998 b 4,240.80 3,659.40 581.40 b b 8,481.60 7,318.80 1,162.80 b
1999 b 4,501.20 3,884.10 617.10 b b 9,002.40 7,768.20 1,234.20 b
2000 b 4,724.40 4,038.60 685.80 b b 9,448.80 8,077.20 1,371.60 b
2001 b 4,984.80 4,261.20 723.60 b b 9,969.60 8,522.40 1,447.20 b
2002 b 5,236.80 4,499.70 764.10 b b 10,527.60 8,999.40 1,528.20 b
2003 b 5,394.00 4,611.00 783.00 b b 10,788.00 9,222.00 1,566.00 b
2004 b 5,449.80 4,658.70 791.10 b b 10,899.60 9,317.40 1,582.20 b
2005 b 5,580.00 4,770.00 810.00 b b 11,160.00 9,540.00 1,620.00 b
2006 b 5,840.40 4,992.60 847.80 b b 11,680.80 9,985.20 1,695.60 b
2007 b 6,045.00 5,167.50 877.50 b b 12,090.00 10,335.00 1,755.00 b
2008 b 6,324.00 5,406.00 918.00 b b 12,648.00 10,812.00 1,836.00 b
2009 b 6,621.60 5,660.40 961.20 b b 13,243.20 11,320.80 1,922.40 b
2010 b 6,621.60 5,660.40 961.20 b b 13,243.20 11,320.80 1,922.40 b
2011 c b 6,621.60 5,660.40 961.20 b b 13,243.20 11,320.80 1,922.40 b
2012 c b 6,826.20 5,835.30 990.90 b b 13,652.40 11,670.60 1,981.80 b
2013 d b 7,049.40 6,026.10 1,023.30 b b 14,098.80 12,052.20 2,046.60 b
2014 d b 7,254.00 6,201.00 1,053.00 b b 14,508.00 12,402.00 2,106.00 b
2015 d b 7,347.00 6,280.50 1,066.50 b b 14,694.00 12,561.00 2,133.00 b
2016 d,e b 7,347.00 5,942.78 1,404.23 b b 14,694.00 11,885.55 2,808.45 b
2017 d,e b 7,886.40 6,379.08 1,507.32 b b 15,772.80 12,758.16 3,014.64 b
2018 d,e b 7,960.80 6,439.26 1,521.54 b b 15,921.60 12,878.52 3,043.08 b
2019 d b 8,239.80 7,043.70 1,196.10 b b 16,479.60 14,087.40 2,392.20 b
2020 d b 8,537.40 7,298.10 1,239.30 b b 17,074.80 14,596.20 2,478.60 b
2021 d b 8,853.60 7,568.40 1,285.20 b b 17,707.20 15,136.80 2,570.40 b
2022 d b 9,114.00 7,791.00 1,323.00 b b 18,228.00 15,582.00 2,646.00 b
2023 d b 9,932.40 8,490.60 1,441.80 b b 19,864.80 16,981.20 2,883.60 b
2024 d b 10,453.20 8,935.80 1,517.40 b b 20,906.40 17,871.60 3,034.80 b
2025 d b 10,918.20 9,333.30 1,584.90 b b 21,836.40 18,666.60 3,169.80 b
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: DI = Disability Insurance; HI = Hospital Insurance; OASI = Old-Age and Survivors Insurance; OASDI = Old-Age, Survivors, and Disability Insurance; . . . = not applicable.
Table shows the maximum contributions (taxes) received by the trust funds from an individual worker. Occasional temporary tax credits and rate reductions affect the amounts paid by workers, and are summarized in footnotes as applicable.
a. In 1984, the 5.7 percent OASDI tax on taxable wages of employees was offset by a tax credit of 0.3 percent, resulting in an effective employee tax rate of 5.4 percent. However, the OASDI trust funds received the full 5.7 percent because of a general revenue transfer equivalent to 0.3 percent of taxable wages. Similar credits of 2.7 percent, 2.3 percent, and 2.0 percent were allowed against the combined OASDI and HI taxes on net earnings from self-employment in 1984, 1985, and from 1986 to 1989, respectively.
b. Upper limit on earnings subject to HI taxes was repealed by the Omnibus Budget Reconciliation Act (OBRA) of 1993.
c. For 2011 and 2012, the combined OASDI payroll tax rate was reduced by 2.0 percent for employees and for self-employed workers. Thus, for 2011, the maximum OASDI contribution for employees was $4,485.60 and for self-employed workers was $11,107.20; and for 2012, the maximum OASDI contribution for employees was $4,624.20 and for self-employed workers was $11,450.40. The authorizing legislation does not specify percentage reductions attributable to the separate OASI and DI Trust Funds. Amounts equal to the revenue forgone were transferred from the general fund of the Treasury to the trust funds.
d. Beginning in 2013, an additional HI tax of 0.9 percent is assessed on earned income exceeding $200,000 for individuals and $250,000 for married couples filing jointly. This additional HI tax amount is not reflected in the contribution amounts shown in the table.
e. Public Law 114-74, the Bipartisan Budget Act of 2015, temporarily re-allocated a portion of the OASI tax rate to DI for calendar years 2016 through 2018.
CONTACT: statistics@ssa.gov.
Table 2.A8 Factors for indexing earnings in a benefit computation, 1951–2025
Year Annual maximum taxable earnings (dollars) Average annual wage a (dollars) Factors for workers who were first eligible (attained age 62, became disabled, or died) in b—
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
1951 3,600 2,799.16 14.7669194 14.5442240 14.8879771 15.3544671 15.8339180 16.0362966 16.6055245 17.1832371 17.3774097 17.9774968 18.6290887 19.3272232 19.8733191 21.6404457 22.7908122 23.8006402
1952 3,600 2,973.32 13.9019581 13.6923069 14.0159250 14.4550906 14.9064581 15.0969825 15.6328683 16.1767418 16.3595408 16.9244784 17.5379038 18.1951455 18.7092543 20.3728727 21.4558574 22.4065355
1953 3,600 3,139.44 13.1663513 12.9677936 13.2742878 13.6902155 14.1176993 14.2981423 14.8056723 15.3207674 15.4938938 16.0289383 16.6099050 17.2323695 17.7192748 19.2948647 20.3205444 21.2209184
1954 3,600 3,155.64 13.0987597 12.9012213 13.2061420 13.6199345 14.0452238 14.2247405 14.7296650 15.2421157 15.4143533 15.9466511 16.5246353 17.1439042 17.6283099 19.1958113 20.2162256 21.1119773
1955 4,200 3,301.44 12.5202851 12.3314705 12.6229251 13.0184435 13.4249509 13.5965397 14.0791655 14.5689850 14.7336162 15.2424063 15.7948653 16.3867858 16.8497989 18.3480754 19.3234255 20.1796186
1956 4,200 3,532.36 11.7017999 11.5253287 11.7977301 12.1673923 12.5473253 12.7076968 13.1587720 13.6165708 13.7704396 14.2459687 14.7623119 15.3155369 15.7482816 17.1486117 18.0602005 18.8604219
1957 4,200 3,641.72 11.3503976 11.1792258 11.4434471 11.8020084 12.1705321 12.3260877 12.7636172 13.2076684 13.3569165 13.8181656 14.3190031 14.8556149 15.2753644 16.6336429 17.5178569 18.2940479
1958 4,200 3,673.80 11.2512848 11.0816076 11.3435217 11.6989520 12.0642577 12.2184550 12.6521640 13.0923376 13.2402825 13.6975039 14.1939681 14.7258942 15.1419783 16.4883962 17.3648892 18.1343024
1959 4,800 3,855.80 10.7202059 10.5585378 10.8080891 11.1467426 11.4948052 11.6417242 12.0549614 12.4743581 12.6153198 13.0509596 13.5239898 14.0308081 14.4272525 15.7101172 16.5452383 17.2783339
1960 4,800 4,007.12 10.3153811 10.1598180 10.3999456 10.7258106 11.0607294 11.2021003 11.5997325 12.0032916 12.1389302 12.5581190 13.0132864 13.5009658 13.8824393 15.1168595 15.9204441 16.6258560
1961 4,800 4,086.76 10.1143620 9.9618304 10.1972785 10.5167933 10.8451854 10.9838013 11.3736848 11.7693797 11.9023750 12.3133950 12.7596923 13.2378681 13.6119077 14.8222724 15.6101973 16.3018626
1962 4,800 4,291.40 9.6320478 9.4867899 9.7110104 10.0152887 10.3280212 10.4600270 10.8313185 11.2081442 11.3347975 11.7262176 12.1512327 12.6066062 12.9628093 14.1154565 14.8658084 15.5244908
1963 4,800 4,396.64 9.4014907 9.2597097 9.4785632 9.7755582 10.0808049 10.2096510 10.5720550 10.9398609 11.0634826 11.4455334 11.8603752 12.3048487 12.6525256 13.7775824 14.5099735 15.1528895
1964 4,800 4,576.32 9.0323601 8.8961458 9.1064065 9.3917405 9.6850024 9.8087896 10.1569645 10.5103293 10.6290972 10.9961476 11.3947014 11.8217236 12.1557496 13.2366334 13.9402686 14.5579418
1965 4,800 4,658.72 8.8726023 8.7387974 8.9453391 9.2256264 9.5137012 9.6352990 9.9773157 10.3244303 10.4410976 10.8016558 11.1931604 11.6126296 11.9407477 13.0025136 13.6937034 14.3004516
1966 6,600 4,938.36 8.3701816 8.2439535 8.4387995 8.7032152 8.9749775 9.0896897 9.4123393 9.7397982 9.8498591 10.1900003 10.5593355 10.9550519 11.2645899 12.2662321 12.9182826 13.4906730
1967 6,600 5,213.44 7.9285405 7.8089726 7.9935379 8.2440020 8.5014252 8.6100847 8.9157102 9.2258912 9.3301448 9.6523390 10.0021867 10.3770236 10.6702293 11.6190212 12.2366672 12.7788562
1968 7,800 5,571.76 7.4186559 7.3067774 7.4794733 7.7138301 7.9546983 8.0563700 8.3423407 8.6325739 8.7301230 9.0315968 9.3589458 9.7096770 9.9840266 10.8718017 11.4497268 11.9570477
1969 7,800 5,893.76 7.0133446 6.9075785 7.0708393 7.2923923 7.5201009 7.6162178 7.8865648 8.1609414 8.2531610 8.5381641 8.8476287 9.1791980 9.4385587 10.2778311 10.8241818 11.3037857
1970 7,800 6,186.24 6.6817598 6.5809943 6.7365362 6.9476144 7.1645571 7.2561297 7.5136949 7.7750993 7.8629588 8.1344872 8.4293206 8.7452136 8.9923120 9.7919043 10.3124240 10.7693526
1971 7,800 6,497.08 6.3620842 6.2661396 6.4142399 6.6152195 6.8217830 6.9089745 7.1542170 7.4031149 7.4867710 7.7453087 8.0260363 8.3268160 8.5620925 9.3234299 9.8190464 10.2541142
1972 9,000 7,133.80 5.7942429 5.7068617 5.8417435 6.0247848 6.2129118 6.2923211 6.5156747 6.7423575 6.8185469 7.0540091 7.3096807 7.5836146 7.7978917 8.4912767 8.9426575 9.3388937
1973 10,800 7,580.16 5.4530472 5.3708114 5.4977507 5.6700136 5.8470626 5.9217958 6.1319972 6.3453318 6.4170347 6.6386316 6.8792479 7.1370512 7.3387105 7.9912654 8.4160664 8.7889702
1974 13,200 8,030.76 5.1470807 5.0694592 5.1892760 5.3518733 5.5189882 5.5895283 5.7879354 5.9892999 6.0569797 6.2661429 6.4932584 6.7365965 6.9269409 7.5428814 7.9438472 8.2958275
1975 14,100 8,630.92 4.7891731 4.7169491 4.8284343 4.9797252 5.1352197 5.2008546 5.3854653 5.5728277 5.6358013 5.8304202 6.0417429 6.2681603 6.4452689 7.0183793 7.3914635 7.7189685
1976 15,300 9,226.48 4.4800368 4.4124747 4.5167637 4.6582890 4.8037464 4.8651447 5.0378389 5.2131073 5.2720160 5.4540724 5.6517545 5.8635568 6.0292333 6.5653499 6.9143520 7.2207169
1977 16,500 9,779.44 4.2267216 4.1629797 4.2613718 4.3948948 4.5321276 4.5900542 4.7529838 4.9183420 4.9739198 5.1456822 5.3321867 5.5320131 5.6883216 6.1941246 6.5233930 6.8124351
1978 17,700 10,556.03 3.9157685 3.8567160 3.9478696 4.0715695 4.1987063 4.2523714 4.4033145 4.5565075 4.6079966 4.7671227 4.9399064 5.1250319 5.2698410 5.7384329 6.0434775 6.3112553
1979 22,900 11,479.46 3.6007765 3.5464743 3.6302953 3.7440446 3.8609543 3.9103024 4.0491034 4.1899732 4.2373204 4.3836461 4.5425307 4.7127644 4.8459248 5.2768223 5.5573285 5.8035657
1980 25,900 12,513.46 3.3032407 3.2534255 3.3303203 3.4346703 3.5419197 3.5871901 3.7145218 3.8437514 3.8871863 4.0214209 4.1671768 4.3233438 4.4455011 4.8407930 5.0981207 5.3240111
1981 29,700 13,773.10 3.0011377 2.9558785 3.0257408 3.1205473 3.2179880 3.2591181 3.3748045 3.4922153 3.5316777 3.6536357 3.7860612 3.9279458 4.0389310 4.3980709 4.6318643 4.8370955
1982 32,400 14,531.34 2.8445395 2.8016418 2.8678587 2.9577183 3.0500745 3.0890585 3.1987084 3.3099927 3.3473960 3.4629903 3.5885059 3.7229870 3.8281810 4.1685811 4.3901753 4.5846976
1983 35,700 15,239.24 2.7124036 2.6714987 2.7346397 2.8203250 2.9083911 2.9455642 3.0501206 3.1562355 3.1919013 3.3021260 3.4218111 3.5500451 3.6503526 3.9749404 4.1862409 4.3717272
1984 37,800 16,135.07 2.5618092 2.5231753 2.5828106 2.6637387 2.7469153 2.7820245 2.8807759 2.9809992 3.0146848 3.1187897 3.2318298 3.3529442 3.4476826 3.7542490 3.9538180 4.1290059
1985 39,600 16,822.51 2.4571226 2.4200675 2.4772659 2.5548869 2.6346645 2.6683390 2.7630550 2.8591827 2.8914918 2.9913426 3.0997634 3.2159285 3.3067955 3.6008342 3.7922480 3.9602770
1986 42,000 17,321.82 2.3862949 2.3503079 2.4058575 2.4812410 2.5587190 2.5914228 2.6834086 2.7767654 2.8081431 2.9051156 3.0104111 3.1232278 3.2114755 3.4970384 3.6829346 3.8461201
1987 43,800 18,426.51 2.2432338 2.2094043 2.2616236 2.3324878 2.4053209 2.4360641 2.5225352 2.6102952 2.6397918 2.7309507 2.8299336 2.9359868 3.0189439 3.2873870 3.4621385 3.6155409
1988 45,000 19,334.04 2.1379375 2.1056960 2.1554641 2.2230020 2.2924164 2.3217165 2.4041287 2.4877692 2.5158813 2.6027612 2.6970980 2.7981731 2.8772362 3.1330788 3.2996275 3.4458292
1989 48,000 20,099.55 2.0565122 2.0254986 2.0733713 2.1383369 2.2051076 2.2332918 2.3125652 2.3930202 2.4200616 2.5036327 2.5943765 2.6916021 2.7676540 3.0137525 3.1739581 3.3145916
1990 51,300 21,027.98 1.9657128 1.9360685 1.9818275 2.0439248 2.1077474 2.1346872 2.2104605 2.2873633 2.3132108 2.3930920 2.4798293 2.5727621 2.6454562 2.8806890 3.0338211 3.1682454
1991 53,400 21,811.60 1.8950911 1.8665119 1.9106269 1.9704932 2.0320229 2.0579948 2.1310459 2.2051858 2.2301046 2.3071159 2.3907370 2.4803311 2.5504135 2.7771952 2.9248258 3.0544206
1992 55,500 22,935.42 1.8022330 1.7750540 1.8170075 1.8739404 1.9324551 1.9571545 2.0266261 2.0971332 2.1208310 2.1940688 2.2735925 2.3587966 2.4254450 2.6411145 2.7815113 2.9047560
1993 57,600 23,132.67 1.7868655 1.7599183 1.8015140 1.8579615 1.9159773 1.9404660 2.0093452 2.0792511 2.1027469 2.1753602 2.2542058 2.3386833 2.4047635 2.6185940 2.7577936 2.8799875
1994 60,600 23,753.53 1.7401611 1.7139183 1.7544268 1.8093989 1.8658982 1.8897469 1.9568258 2.0249045 2.0477862 2.1185015 2.1952863 2.2775558 2.3419088 2.5501502 2.6857116 2.8047116
1995 61,200 24,705.66 1.6730972 1.6478657 1.6868131 1.7396665 1.7939885 1.8169181 1.8814118 1.9468668 1.9688666 2.0368567 2.1106823 2.1897812 2.2516541 2.4518701 2.5822071 2.6966209
1996 62,700 25,913.90 1.5950887 1.5710337 1.6081651 1.6585543 1.7103435 1.7322040 1.7936906 1.8560938 1.8770679 1.9418879 2.0122714 2.0876823 2.1466703 2.3375513 2.4618112 2.5708905
1997 65,400 27,426.00 1.5071454 1.4844166 1.5195008 1.5671119 1.6160457 1.6367009 1.6947976 1.7537603 1.7735780 1.8348243 1.9013272 1.9725804 2.0283162 2.2086732 2.3260822 2.4291475
1998 68,400 28,861.44 1.4321867 1.4105883 1.4439276 1.4891707 1.5356708 1.5552987 1.6105059 1.6665360 1.6853681 1.7435682 1.8067636 1.8744730 1.9274367 2.0988236 2.2103932 2.3083325
1999 72,600 30,469.84 1.3565864 1.3361281 1.3677075 1.4105624 1.4546079 1.4731997 1.5254927 1.5785652 1.5964032 1.6515312 1.7113907 1.7755259 1.8256939 1.9880337 2.0937140 2.1864834
2000 76,200 32,154.82 1.2854984 1.2661122 1.2960368 1.3366460 1.3783834 1.3960010 1.4455537 1.4958451 1.5127483 1.5649875 1.6217102 1.6824846 1.7300237 1.8838566 1.9839990 2.0719071
2001 80,400 32,921.92 1.2555455 1.2366110 1.2658384 1.3055013 1.3462663 1.3634733 1.4118715 1.4609910 1.4775004 1.5285223 1.5839234 1.6432817 1.6897131 1.8399616 1.9377706 2.0236305
2002 84,900 33,252.09 1.2430789 1.2243324 1.2532695 1.2925386 1.3328988 1.3499350 1.3978526 1.4464844 1.4628299 1.5133452 1.5681962 1.6269651 1.6729354 1.8216921 1.9185299 2.0035372
2003 87,000 34,064.95 1.2134164 1.1951173 1.2233639 1.2616960 1.3010931 1.3177228 1.3644969 1.4119683 1.4279237 1.4772336 1.5307758 1.5881424 1.6330158 1.7782228 1.8727498 1.9557287
2004 87,900 35,648.55 1.1595134 1.1420271 1.1690189 1.2056482 1.2432952 1.2591861 1.3038825 1.3492451 1.3644917 1.4116111 1.4627748 1.5175930 1.5604730 1.6992296 1.7895575 1.8688502
2005 90,000 36,952.94 1.1185841 1.1017150 1.1277541 1.1630904 1.1994085 1.2147385 1.2578572 1.3016185 1.3163269 1.3617831 1.4111408 1.4640240 1.5053904 1.6392490 1.7263885 1.8028823
2006 94,200 38,651.41 1.0694298 1.0533021 1.0781969 1.1119804 1.1467025 1.1613589 1.2025828 1.2444211 1.2584832 1.3019419 1.3491306 1.3996899 1.4392386 1.5672150 1.6505253 1.7236577
2007 97,500 40,405.48 1.0230041 1.0075764 1.0313905 1.0637074 1.0969222 1.1109424 1.1503766 1.1903987 1.2038503 1.2454224 1.2905626 1.3389270 1.3767588 1.4991796 1.5788732 1.6488308
2008 102,000 41,334.97 1.0000000 0.9849193 1.0081979 1.0397881 1.0722560 1.0859609 1.1245084 1.1636305 1.1767796 1.2174169 1.2615420 1.3088189 1.3457999 1.4654679 1.5433695 1.6117539
2009 106,800 40,711.61 1.0000000 1.0000000 1.0236350 1.0557089 1.0886740 1.1025887 1.1417264 1.1814475 1.1947980 1.2360575 1.2808582 1.3288590 1.3664063 1.4879065 1.5670009 1.6364325
2010 106,800 41,673.83 1.0000000 1.0000000 1.0000000 1.0313333 1.0635372 1.0771307 1.1153647 1.1541687 1.1672109 1.2075178 1.2512841 1.2981766 1.3348569 1.4535518 1.5308199 1.5986484
2011 106,800 42,979.61 1.0000000 1.0000000 1.0000000 1.0000000 1.0312255 1.0444059 1.0814784 1.1191035 1.1317495 1.1708317 1.2132683 1.2587362 1.2943021 1.4093909 1.4843115 1.5500792
2012 110,100 44,321.67 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0127813 1.0487312 1.0852170 1.0974801 1.1353789 1.1765306 1.2206217 1.2551106 1.3667145 1.4393666 1.5031428
2013 113,700 44,888.16 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0354962 1.0715215 1.0836298 1.1210504 1.1616827 1.2052174 1.2392711 1.3494665 1.4212017 1.4841731
2014 117,000 46,481.52 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0347904 1.0464836 1.0826214 1.1218609 1.1639032 1.1967896 1.3032076 1.3724837 1.4332965
2015 118,500 48,098.63 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0113001 1.0462229 1.0841431 1.1247720 1.1565527 1.2593928 1.3263399 1.3851081
2016 118,500 48,642.15 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0345326 1.0720291 1.1122039 1.1436295 1.2453206 1.3115195 1.3696311
2017 127,200 50,321.89 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0362449 1.0750787 1.1054553 1.2037519 1.2677411 1.3239129
2018 128,400 52,145.80 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0374755 1.0667897 1.1616481 1.2233992 1.2776063
2019 132,900 54,099.99 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0282553 1.1196873 1.1792078 1.2314568
2020 137,700 55,628.60 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0889195 1.1468045 1.1976178
2021 142,800 60,575.07 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0531582 1.0998221
2022 147,000 63,795.13 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0443086
2023 160,200 66,621.80 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000
2024 168,600 69,846.57 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000
2025 176,100 -- 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTE: -- = not available.
a. National average wage levels. For years before 1978, average wages were determined from wages earned during the first quarter of the year and reported to the Social Security Administration (SSA) for Social Security tax purposes. These wages were then multiplied by 4 to obtain the average wage for the year. For 1973–1977, from data collected on all taxable wages reported to SSA; for 1957–1972, based on 1 percent statistical sample; for 1951–1956, based on 1/10 of 1 percent statistical sample. For 1978–1984, from wage data collected by the Internal Revenue Service during processing of annual tax returns. For years after 1984, from W-2 data processed by SSA. For years after 1977, the average wage amounts have been adjusted to be consistent with the pre-1978 series.
b. The indexing factor for a given year represents the ratio of the average annual wage for the second year before the year of first eligibility to the average annual wage for the year to be indexed. Multiplying a worker's covered earnings, up to the maximum taxable amounts for various years after 1951, by the indicated factors gives the indexed earnings. Earnings in the year before the year of first eligibility, and any earnings thereafter, are not indexed. The actual taxable earnings for those years are considered in calculating the average indexed monthly earnings (AIME).
CONTACT: statistics@ssa.gov.
Table 2.A9 Indexed earnings for workers with maximum earnings, 1951–2025 (in dollars)
Year Annual maximum taxable earnings Average annual wage a Annual maximum indexed earnings for workers who were first eligible (attained age 62, became disabled, or died) in b—
2018 2019 2020 2021 2022 2023 2024 2025
1951 3,600 2,799.16 62,558.67 64,718.99 67,064.72 69,578.00 71,543.95 77,905.60 82,046.92 85,682.30
1952 3,600 2,973.32 58,894.35 60,928.12 63,136.45 65,502.52 67,353.32 73,342.34 77,241.09 80,663.53
1953 3,600 3,139.44 55,778.02 57,704.18 59,795.66 62,036.53 63,789.39 69,461.51 73,153.96 76,395.31
1954 3,600 3,155.64 55,491.67 57,407.94 59,488.69 61,718.06 63,461.92 69,104.92 72,778.41 76,003.12
1955 4,200 3,301.44 61,881.19 64,018.11 66,338.43 68,824.50 70,769.16 77,061.92 81,158.39 84,754.40
1956 4,200 3,532.36 57,835.85 59,833.07 62,001.71 64,325.26 66,142.78 72,024.17 75,852.84 79,213.77
1957 4,200 3,641.72 56,099.05 58,036.30 60,139.81 62,393.58 64,156.53 69,861.30 73,575.00 76,835.00
1958 4,200 3,673.80 55,609.19 57,529.52 59,614.67 61,848.76 63,596.31 69,251.26 72,932.53 76,164.07
1959 4,800 3,855.80 60,553.53 62,644.61 64,915.15 67,347.88 69,250.81 75,408.56 79,417.14 82,936.00
1960 4,800 4,007.12 58,266.86 60,278.97 62,463.77 64,804.64 66,635.71 72,560.93 76,418.13 79,804.11
1961 4,800 4,086.76 57,131.40 59,104.30 61,246.52 63,541.77 65,337.16 71,146.91 74,928.95 78,248.94
1962 4,800 4,291.40 54,407.03 56,285.84 58,325.92 60,511.71 62,221.48 67,754.19 71,355.88 74,517.56
1963 4,800 4,396.64 53,104.72 54,938.56 56,929.80 59,063.27 60,732.12 66,132.40 69,647.87 72,733.87
1964 4,800 4,576.32 51,019.67 52,781.51 54,694.57 56,744.27 58,347.60 63,535.84 66,913.29 69,878.12
1965 4,800 4,658.72 50,117.27 51,847.95 53,727.17 55,740.62 57,315.59 62,412.07 65,729.78 68,642.17
1966 6,600 4,938.36 65,009.07 67,254.00 69,691.61 72,303.34 74,346.29 80,957.13 85,260.67 89,038.44
1967 6,600 5,213.44 61,578.96 63,705.44 66,014.43 68,488.36 70,423.51 76,685.54 80,762.00 84,340.45
1968 7,800 5,571.76 68,094.96 70,446.46 72,999.78 75,735.48 77,875.41 84,800.05 89,307.87 93,264.97
1969 7,800 5,893.76 64,374.66 66,597.68 69,011.50 71,597.74 73,620.76 80,167.08 84,428.62 88,169.53
1970 7,800 6,186.24 61,331.08 63,449.00 65,748.70 68,212.67 70,140.03 76,376.85 80,436.91 84,000.95
1971 7,800 6,497.08 58,396.81 60,413.41 62,603.08 64,949.17 66,784.32 72,722.75 76,588.56 79,982.09
1972 9,000 7,133.80 61,366.92 63,486.08 65,787.13 68,252.53 70,181.03 76,421.49 80,483.92 84,050.04
1973 10,800 7,580.16 69,303.98 71,697.22 74,295.88 77,080.15 79,258.07 86,305.67 90,893.52 94,920.88
1974 13,200 8,030.76 79,952.13 82,713.09 85,711.01 88,923.07 91,435.62 99,566.03 104,858.78 109,504.92
1975 14,100 8,630.92 79,464.80 82,208.92 85,188.58 88,381.06 90,878.29 98,959.15 104,219.64 108,837.46
1976 15,300 9,226.48 80,661.84 83,447.31 86,471.84 89,712.42 92,247.27 100,449.85 105,789.58 110,476.97
1977 16,500 9,779.44 82,069.68 84,903.76 87,981.08 91,278.22 93,857.31 102,203.06 107,635.98 112,405.18
1978 17,700 10,556.03 81,561.54 84,378.07 87,436.34 90,713.06 93,276.19 101,570.26 106,969.55 111,709.22
1979 22,900 11,479.46 97,034.64 100,385.50 104,023.95 107,922.30 110,971.68 120,839.23 127,262.82 132,901.65
1980 25,900 12,513.46 100,678.12 104,154.80 107,929.88 111,974.61 115,138.48 125,376.54 132,041.33 137,891.89
1981 29,700 13,773.10 104,890.83 108,512.98 112,446.02 116,659.99 119,956.25 130,622.71 137,566.37 143,661.74
1982 32,400 14,531.34 108,455.63 112,200.89 116,267.59 120,624.78 124,033.07 135,062.03 142,241.68 148,544.20
1983 35,700 15,239.24 113,950.88 117,885.90 122,158.65 126,736.61 130,317.59 141,905.37 149,448.80 156,070.66
1984 37,800 16,135.07 113,955.08 117,890.25 122,163.17 126,741.29 130,322.40 141,910.61 149,454.32 156,076.42
1985 39,600 16,822.51 114,503.08 118,457.17 122,750.63 127,350.77 130,949.10 142,593.04 150,173.02 156,826.97
1986 42,000 17,321.82 117,942.01 122,014.86 126,437.27 131,175.57 134,881.97 146,875.61 154,683.25 161,537.04
1987 43,800 18,426.51 115,622.88 119,615.64 123,951.09 128,596.22 132,229.74 143,987.55 151,641.67 158,360.69
1988 45,000 19,334.04 113,214.66 117,124.26 121,369.41 125,917.79 129,475.63 140,988.54 148,483.24 155,062.31
1989 48,000 20,099.55 116,162.96 120,174.37 124,530.07 129,196.90 132,847.39 144,660.12 152,349.99 159,100.40
1990 51,300 21,027.98 118,667.71 122,765.62 127,215.24 131,982.70 135,711.90 147,779.34 155,635.02 162,530.99
1991 53,400 21,811.60 119,087.59 123,199.99 127,665.36 132,449.68 136,192.08 148,302.22 156,185.70 163,106.06
1992 55,500 22,935.42 117,706.12 121,770.82 126,184.39 130,913.21 134,612.20 146,581.85 154,373.88 161,213.96
1993 57,600 23,132.67 121,118.22 125,300.75 129,842.26 134,708.16 138,514.38 150,831.01 158,848.91 165,887.28
1994 60,600 23,753.53 124,095.84 128,381.19 133,034.35 138,019.88 141,919.67 154,539.10 162,754.12 169,965.52
1995 61,200 24,705.66 120,494.64 124,655.63 129,173.76 134,014.61 137,801.23 150,054.45 158,031.07 165,033.20
1996 62,700 25,913.90 117,692.16 121,756.37 126,169.42 130,897.68 134,596.23 146,564.46 154,355.56 161,194.84
1997 65,400 27,426.00 115,992.00 119,997.51 124,346.80 129,006.76 132,651.88 144,447.22 152,125.77 158,866.25
1998 68,400 28,861.44 115,279.18 119,260.07 123,582.63 128,213.95 131,836.67 143,559.53 151,190.89 157,889.94
1999 72,600 30,469.84 115,898.87 119,901.16 124,246.96 128,903.18 132,545.37 144,331.25 152,003.64 158,738.70
2000 76,200 32,154.82 115,271.42 119,252.04 123,574.32 128,205.33 131,827.80 143,549.87 151,180.72 157,879.32
2001 80,400 32,921.92 118,791.03 122,893.20 127,347.44 132,119.85 135,852.93 147,932.92 155,796.76 162,699.89
2002 84,900 33,252.09 124,194.25 128,483.01 133,139.85 138,129.34 142,032.22 154,661.66 162,883.19 170,100.31
2003 87,000 34,064.95 124,229.36 128,519.33 133,177.49 138,168.39 142,072.37 154,705.38 162,929.24 170,148.40
2004 87,900 35,648.55 119,938.82 124,080.62 128,577.90 133,396.42 137,165.58 149,362.28 157,302.10 164,271.93
2005 90,000 36,952.94 118,469.42 122,560.48 127,002.67 131,762.16 135,485.13 147,532.41 155,374.96 162,259.40
2006 94,200 38,651.41 118,549.12 122,642.93 127,088.10 131,850.79 135,576.27 147,631.65 155,479.48 162,368.55
2007 97,500 40,405.48 117,375.41 121,428.68 125,829.85 130,545.39 134,233.98 146,170.01 153,940.14 160,761.00
2008 102,000 41,334.97 120,031.52 124,176.52 128,677.28 133,499.53 137,271.59 149,477.72 157,423.68 164,398.90
2009 106,800 40,711.61 127,604.43 132,010.94 136,795.66 141,922.14 145,932.19 158,908.42 167,355.70 174,770.99
2010 106,800 41,673.83 124,658.13 128,962.90 133,637.14 138,645.26 142,562.72 155,239.33 163,491.57 170,735.64
2011 106,800 42,979.61 120,870.84 125,044.83 129,577.06 134,433.02 138,231.47 150,522.95 158,524.47 165,548.46
2012 110,100 44,321.67 120,832.56 125,005.22 129,536.02 134,390.44 138,187.68 150,475.27 158,474.26 165,496.02
2013 113,700 44,888.16 123,208.71 127,463.43 132,083.33 137,033.21 140,905.13 153,434.35 161,590.64 168,750.48
2014 117,000 46,481.52 122,438.59 126,666.71 131,257.73 136,176.67 140,024.38 152,475.29 160,580.60 167,695.69
2015 118,500 48,098.63 119,839.06 123,977.42 128,470.96 133,285.48 137,051.49 149,238.05 157,171.27 164,135.30
2016 118,500 48,642.15 118,500.00 122,592.11 127,035.45 131,796.16 135,520.10 147,570.49 155,415.07 162,301.28
2017 127,200 50,321.89 127,200.00 127,200.00 131,810.35 136,750.01 140,613.91 153,117.24 161,256.67 168,401.72
2018 128,400 52,145.80 128,400.00 128,400.00 128,400.00 133,211.85 136,975.79 149,155.62 157,084.46 164,044.64
2019 132,900 54,099.99 132,900.00 132,900.00 132,900.00 132,900.00 136,655.13 148,806.44 156,716.72 163,660.61
2020 137,700 55,628.60 137,700.00 137,700.00 137,700.00 137,700.00 137,700.00 149,944.22 157,914.98 164,911.97
2021 142,800 60,575.07 142,800.00 142,800.00 142,800.00 142,800.00 142,800.00 142,800.00 150,390.99 157,054.59
2022 147,000 63,795.13 147,000.00 147,000.00 147,000.00 147,000.00 147,000.00 147,000.00 147,000.00 153,513.36
2023 160,200 66,621.80 160,200.00 160,200.00 160,200.00 160,200.00 160,200.00 160,200.00 160,200.00 160,200.00
2024 168,600 69,846.57 168,600.00 168,600.00 168,600.00 168,600.00 168,600.00 168,600.00 168,600.00 168,600.00
2025 176,100 -- 176,100.00 176,100.00 176,100.00 176,100.00 176,100.00 176,100.00 176,100.00 176,100.00
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTE: -- = not available.
a. National average wage levels. For years before 1978, average wages were determined from wages earned during the first quarter of the year and reported to the Social Security Administration (SSA) for Social Security tax purposes. These wages were then multiplied by 4 to obtain the average wage for the year. For 1973–1977, from data collected on all taxable wages reported to SSA; for 1957–1972, based on 1 percent statistical sample; for 1951–1956, based on 1/10 of 1 percent statistical sample. For 1978–1984, from wage data collected by the Internal Revenue Service during processing of annual tax returns. For years after 1984, from W-2 data processed by SSA. For years after 1977, the average wage amounts have been adjusted to be consistent with the pre-1978 series.
b. A worker's earnings for each year after 1950 and through the second year before the year of first eligibility are indexed by multiplying covered earnings, up to the maximum taxable amounts, by specified indexing factors (see Table 2.A8). The indexing factor for a given year represents the ratio of the average annual wage for the second year before the year of first eligibility to the average annual wage for the year to be indexed. For example, if the year of first eligibility is 2024, the indexing factor for 1982 is $63,795.13 ÷ 14,531.34 or 4.3901753. Multiplication of maximum taxable earnings of $32,400 for 1982 by this factor gives maximum indexed earnings of $142,241.68 for 1982.
CONTACT: statistics@ssa.gov.
Table 2.A11 Formulas for computing primary insurance amount (PIA) from average indexed monthly earnings (AIME), and cost-of-living adjustments (COLAs), for workers who were first eligible in 1979 or later, by year of first eligibility
Eligibility year Calculation of PIA (based on percentage of AIME) (dollars) First applicable COLA
90 percent of the first Plus 32 percent of the next Plus 15 percent of the amount above Effective date Percentage increase
  Enacted in 1977
1979 180 905 1,085 June 1979 9.9
1980 194 977 1,171 June 1980 14.3
  Enacted in 1981
1981 211 1,063 1,274 June 1981 11.2
1982 230 1,158 1,388 June 1982 7.4
  Enacted in 1983
1983 254 1,274 1,528 December 1983 3.5
1984 267 1,345 1,612 December 1984 3.5
1985 280 1,411 1,691 December 1985 3.1
1986 297 1,493 1,790 December 1986 1.3
1987 310 1,556 1,866 December 1987 4.2
1988 319 1,603 1,922 December 1988 4.0
1989 339 1,705 2,044 December 1989 4.7
1990 356 1,789 2,145 December 1990 5.4
1991 370 1,860 2,230 December 1991 3.7
1992 387 1,946 2,333 December 1992 3.0
1993 401 2,019 2,420 December 1993 2.6
1994 422 2,123 2,545 December 1994 2.8
1995 426 2,141 2,567 December 1995 2.6
1996 437 2,198 2,635 December 1996 2.9
1997 455 2,286 2,741 December 1997 2.1
1998 477 2,398 2,875 December 1998 1.3
1999 505 2,538 3,043 December 1999 a 2.5
2000 531 2,671 3,202 December 2000 3.5
2001 561 2,820 3,381 December 2001 2.6
2002 592 2,975 3,567 December 2002 1.4
2003 606 3,047 3,653 December 2003 2.1
2004 612 3,077 3,689 December 2004 2.7
2005 627 3,152 3,779 December 2005 4.1
2006 656 3,299 3,955 December 2006 3.3
2007 680 3,420 4,100 December 2007 2.3
2008 711 3,577 4,288 December 2008 5.8
2009 744 3,739 4,483 December 2009 0.0
2010 761 3,825 4,586 December 2010 0.0
2011 749 3,768 4,517 December 2011 3.6
2012 767 3,857 4,624 December 2012 1.7
2013 791 3,977 4,768 December 2013 1.5
2014 816 4,101 4,917 December 2014 1.7
2015 826 4,154 4,980 December 2015 0.0
2016 856 4,301 5,157 December 2016 0.3
2017 885 4,451 5,336 December 2017 2.0
2018 895 4,502 5,397 December 2018 2.8
2019 926 4,657 5,583 December 2019 1.6
2020 960 4,825 5,785 December 2020 1.3
2021 996 5,006 6,002 December 2021 5.9
2022 1,024 5,148 6,172 December 2022 8.7
2023 1,115 5,606 6,721 December 2023 3.2
2024 1,174 5,904 7,078 December 2024 2.5
2025 1,226 6,165 7,391 December 2025 --
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: Eligible workers are those who attained age 62, became disabled, or died in the given year.
For workers newly eligible during 1979–1981, the minimum PIA (based on indexed earnings) is $122, as established by the 1977 Amendments to the Social Security Act. Automatic COLAs for benefits based on this minimum PIA begin in the year of initial benefit receipt or attainment of age 65, whichever is earlier. In 1981, the minimum PIA provision was eliminated for workers newly eligible after 1981 (or after 1991 for members of certain religious orders).
For workers who attained age 62 during 1979–1983, the PIA cannot be less than that derived using the benefit formula in effect before January 1979.
-- = not available.
a. The COLA for December 1999 was originally determined to be 2.4 percent, based on the Consumer Price Index (CPI). The underlying CPI was later recomputed by the Bureau of Labor Statistics; a 2.5 percent COLA would have been consistent with the recomputed CPI. Pursuant to Public Law 106-554, benefits were calculated and paid in August 2001 and later as if the COLA for December 1999 had been 2.5 percent. Affected beneficiaries received a one-time payment to cover the shortfall that occurred before August 2001.
CONTACT: statistics@ssa.gov.
Table 2.A12a Special minimum primary insurance amount (PIA): Minimum covered earnings required to qualify for a year of coverage, 1937–2025 (in dollars)
Year Earnings required to qualify for a year of coverage
Enacted in 1972 a
1937–1950 b
1951–1954 900
1955–1958 1,050
1959–1965 1,200
1966–1967 1,650
1968–1971 1,950
1972 2,250
1973 2,700
1974 3,300
1975 3,525
1976 3,825
1977 4,125
1978 4,425
Enacted in 1977 c
1979 4,725
1980 5,100
1981 5,550
1982 6,075
1983 6,675
1984 7,050
1985 7,425
1986 7,875
1987 8,175
1988 8,400
1989 8,925
1990 9,525
Enacted in 1990 d
1991 5,940
1992 6,210
1993 6,435
1994 6,750
1995 6,795
1996 6,975
1997 7,290
1998 7,605
1999 8,055
2000 8,505
2001 8,955
2002 9,450
2003 9,675
2004 9,765
2005 10,035
2006 10,485
2007 10,890
2008 11,385
2009 11,880
2010 11,880
2011 11,880
2012 12,285
2013 12,645
2014 13,050
2015 13,230
2016 13,230
2017 14,175
2018 14,310
2019 14,805
2020 15,345
2021 15,930
2022 16,380
2023 17,820
2024 18,765
2025 19,620
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTE: The special minimum PIA is payable to some persons who have had covered employment or self-employment for many years at low earnings. The formula computes a benefit based on years of coverage rather than earnings, and it applies only if the resulting benefit exceeds the benefit computed by any other method. The usual rates of actuarial reduction apply for retirement before the full retirement age. Although delayed retirement credits are not applicable to the benefit derived from the special minimum PIA, the benefit will be raised if necessary to equal the benefit derived from the regularly computed PIA plus any delayed retirement credits.
a. For 1951–1978, the amount of Social Security covered earnings needed for a year of coverage is 25 percent of the effective annual maximum taxable earnings.
b. For 1937–1950, the years of coverage are determined by the number (not exceeding 14) obtained by dividing total creditable wages in 1937–1950 by $900 (any remainder is disregarded).
c. For 1979–1990, the amount of Social Security covered earnings needed for a year of coverage is 25 percent of what the annual maximum taxable earnings would have been if the statutory increases in the maximum under the 1977 amendments had not been enacted (the "old law" contribution and benefit base).
d. For 1991 and following, the amount of Social Security covered earnings needed for a year of coverage is 15 percent of the old law base.
CONTACT: statistics@ssa.gov.
Table 2.A12b Factors used in computing the special minimum primary insurance amount (PIA), by effective date
Effective date Amount a per year of coverage over 10 years (dollars) Maximum amount a for workers with 30 or more years of coverage (dollars)
  Enacted in 1972
January 1973 8.50 170.00
  Enacted in 1973
March 1974 9.00 180.00
  Enacted in 1977 b
January 1979 11.50 230.00
June 1979 12.64 252.80
June 1980 14.45 289.00
June 1981 16.07 321.40
June 1982 17.26 345.10
December 1983 17.86 357.10
December 1984 18.49 369.50
December 1985 19.06 380.90
December 1986 19.31 385.80
December 1987 20.12 402.00
December 1988 20.92 418.00
December 1989 21.90 437.60
December 1990 23.08 461.20
December 1991 23.93 478.20
December 1992 24.65 492.50
December 1993 25.29 505.30
December 1994 26.00 519.40
December 1995 26.68 532.90
December 1996 27.45 548.30
December 1997 28.03 559.80
December 1998 28.39 567.00
December 1999 c 29.10 c 581.10
December 2000 30.12 601.40
December 2001 30.90 617.00
December 2002 31.33 625.60
December 2003 31.99 638.70
December 2004 32.85 655.90
December 2005 34.20 682.70
December 2006 35.33 705.20
December 2007 36.14 721.40
December 2008 38.24 763.20
December 2009 38.24 763.20
December 2010 38.24 763.20
December 2011 39.62 790.60
December 2012 40.29 804.00
December 2013 40.89 816.00
December 2014 41.59 829.80
December 2015 41.59 832.20
December 2016 41.71 832.20
December 2017 42.54 848.80
December 2018 43.73 872.50
December 2019 44.43 886.46
December 2020 45.01 897.98
December 2021 47.67 950.96
December 2022 51.82 1,033.69
December 2023 53.48 1,066.77
December 2024 54.82 1,093.44
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTE: The special minimum PIA is payable to some persons who have had covered employment or self-employment for many years at low earnings. The formula computes a benefit based on years of coverage rather than earnings, and it applies only if the resulting benefit exceeds the benefit computed by any other method. The usual rates of actuarial reduction apply for retirement before the full retirement age. Although delayed retirement credits are not applicable to the benefit derived from the special minimum PIA, the benefit will be raised if necessary to equal the benefit derived from the regularly computed PIA plus any delayed retirement credits.
a. The amount effective for a given month applies, as of that month, to all workers from the date of entitlement to benefits.
b. The 1977 Amendments to the Social Security Act established an initial 1979 factor of $11.50 per year of coverage and automatic annual cost-of-living increases thereafter, beginning with the June 1979 increase. Factors are obtained by applying cost-of-living increases to the previous year's factor and rounding each one to nearest cent. An approximate PIA may be computed by multiplying factor in year of entitlement by the number of years of coverage in excess of 10 with a maximum of 20. Actual PIAs are published yearly in the Federal Register.
c. The cost-of-living adjustment (COLA) for December 1999 was originally determined to be 2.4 percent, based on the Consumer Price Index (CPI). The underlying CPI was later recomputed by the Bureau of Labor Statistics; a 2.5 percent COLA would have been consistent with the recomputed CPI. Pursuant to Public Law 106-554, benefits were calculated and paid in August 2001 and later as if the COLA for December 1999 had been 2.5 percent. Affected beneficiaries received a one-time payment to cover the shortfall that occurred before August 2001.
CONTACT: statistics@ssa.gov.
Table 2.A13 Formulas enacted in 1977 for computing Old-Age and Survivors Insurance (OASI) maximum family benefit from primary insurance amount (PIA) and cost-of-living adjustments (COLAs) for workers who were first eligible in 1979 or later, by year of first eligibility
Eligibility year Calculation of maximum family benefit (based on percentage of PIA) (dollars) First applicable COLA
150 percent of the first Plus 272 percent of the next Plus 134 percent of the next Plus 175 percent of the amount above Effective date Percentage increase
1979 230 102 101 433 June 1979 9.9
1980 248 110 109 467 June 1980 14.3
1981 270 120 118 508 June 1981 11.2
1982 294 131 129 554 June 1982 7.4
1983 324 144 142 610 December 1983 3.5
1984 342 151 150 643 December 1984 3.5
1985 358 159 158 675 December 1985 3.1
1986 379 169 166 714 December 1986 1.3
1987 396 175 174 745 December 1987 4.2
1988 407 181 179 767 December 1988 4.0
1989 433 193 190 816 December 1989 4.7
1990 455 201 200 856 December 1990 5.4
1991 473 209 208 890 December 1991 3.7
1992 495 219 217 931 December 1992 3.0
1993 513 227 226 966 December 1993 2.6
1994 539 240 237 1,016 December 1994 2.8
1995 544 241 239 1,024 December 1995 2.6
1996 559 247 246 1,052 December 1996 2.9
1997 581 258 255 1,094 December 1997 2.1
1998 609 271 267 1,147 December 1998 1.3
1999 645 286 283 1,214 December 1999 a 2.5
2000 679 301 298 1,278 December 2000 3.5
2001 717 317 315 1,349 December 2001 2.6
2002 756 336 332 1,424 December 2002 1.4
2003 774 344 340 1,458 December 2003 2.1
2004 782 347 343 1,472 December 2004 2.7
2005 801 355 352 1,508 December 2005 4.1
2006 838 372 368 1,578 December 2006 3.3
2007 869 386 381 1,636 December 2007 2.3
2008 909 403 399 1,711 December 2008 5.8
2009 950 422 417 1,789 December 2009 0.0
2010 972 431 427 1,830 December 2010 0.0
2011 957 425 421 1,803 December 2011 3.6
2012 980 435 430 1,845 December 2012 1.7
2013 1,011 448 444 1,903 December 2013 1.5
2014 1,042 463 457 1,962 December 2014 1.7
2015 1,056 468 463 1,987 December 2015 0.0
2016 1,093 485 480 2,058 December 2016 0.3
2017 1,131 502 497 2,130 December 2017 2.0
2018 1,144 507 503 2,154 December 2018 2.8
2019 1,184 524 520 2,228 December 2019 1.6
2020 1,226 544 539 2,309 December 2020 1.3
2021 1,272 565 558 2,395 December 2021 5.9
2022 1,308 581 574 2,463 December 2022 8.7
2023 1,425 631 626 2,682 December 2023 3.2
2024 1,500 666 659 2,825 December 2024 2.5
2025 1,567 695 688 2,950 December 2025 --
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: The 1977 amendments provided for annual automatic adjustments of bend points (PIA brackets) in the maximum family benefit formula in proportion to increases in the average wage level. As a result, separate formulas are applicable to workers first eligible in successive calendar years.
Eligible workers are those who attained age 62 or died in the given year.
-- = not available.
a. The COLA for December 1999 was originally determined to be 2.4 percent, based on the Consumer Price Index (CPI). The underlying CPI was later recomputed by the Bureau of Labor Statistics; a 2.5 percent COLA would have been consistent with the recomputed CPI. Pursuant to Public Law 106-554, benefits were calculated and paid in August 2001 and later as if the COLA for December 1999 had been 2.5 percent. Affected beneficiaries received a one-time payment to cover the shortfall that occurred before August 2001.
CONTACT: statistics@ssa.gov.
Table 2.A19 Illustrative benefit growth: Cumulative effect of statutory and automatic increases a in benefits using a 100 dollar base benefit, selected years
Base date Aug. 1950 Sept. 1954 Jan. 1965 Jan. 1970 June 1975 June 1980 Dec. 1985 Dec. 1990 Dec. 1995 Dec. 2000 Dec. 2005 Dec. 2010 Dec. 2015 Dec. 2020 Dec. 2021 Dec. 2022 Dec. 2023 Dec. 2024
Aug. 1950 100 225 258 335 530 799 1,053 1,276 1,475 1,665 1,890 2,112 2,296 2,482 2,628 2,857 2,948 3,022
Sept. 1954 . . . 100 114 149 235 355 468 567 655 740 839 937 1,017 1,100 1,165 1,266 1,307 1,340
Jan. 1965 . . . . . . 100 130 206 310 409 495 573 646 733 819 888 958 1,015 1,103 1,138 1,166
Jan. 1970 . . . . . . . . . 100 158 239 315 381 441 497 563 629 682 736 779 847 874 896
June 1975 . . . . . . . . . . . . 100 151 199 241 278 314 356 397 430 463 490 533 550 564
June 1980 . . . . . . . . . . . . . . . 100 132 160 185 209 235 262 283 303 321 349 360 369
Dec. 1985 . . . . . . . . . . . . . . . . . . 100 121 140 158 179 198 214 229 243 264 272 279
Dec. 1990 . . . . . . . . . . . . . . . . . . . . . 100 116 131 148 163 174 185 196 213 220 226
Dec. 1995 . . . . . . . . . . . . . . . . . . . . . . . . 100 113 127 141 152 163 173 188 194 199
Dec. 2000 . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 113 125 134 142 150 163 168 172
Dec. 2005 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 111 117 124 131 142 147 151
Dec. 2010 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 106 113 120 130 134 137
Dec. 2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 106 112 122 126 129
Dec. 2020 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 106 115 119 122
Dec. 2021 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 109 112 115
Dec. 2022 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 103 106
Dec. 2023 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 103
Dec. 2024 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: Growth reflects cost-of-living adjustments only. The amounts shown in the table are computed using unrounded data, with results rounded to the nearest dollar.
. . . = not applicable.
a. Ad hoc benefit increases were enacted by statute before 1975. Since then, automatic annual increases have been determined by formula (see https://www.ssa.gov/history/briefhistory3.html, “The Story of COLAs,” and Table 2.A13).
CONTACT: statistics@ssa.gov.
Table 2.A26 Monthly benefit for selected beneficiary families with first eligibility in 2024, by average indexed monthly earnings for stipulated yearly wage levels, effective December 2024 (in dollars)
Beneficiary family Federal minimum wage a 75 percent of average wage Average wage b 150 percent of average wage Maximum taxable earnings c
  Retired-worker families d
Average indexed monthly earnings 1,841.00 3,992.00 5,322.00 7,984.00 13,100.00
Primary insurance amount 1,301.70 2,007.20 2,443.40 3,158.70 3,945.30
Maximum family benefit 1,952.60 3,583.90 4,462.30 5,528.60 6,905.10
Monthly benefit amount for retired worker claiming benefits at age 62  
Worker alone 911.00 1,405.00 1,710.00 2,211.00 2,761.00
Worker with spouse claiming benefits at—  
Full retirement age or older e 1,561.00 2,408.00 2,931.00 3,790.00 4,733.00
Age 62 1,334.00 2,057.00 2,504.00 3,237.00 4,043.00
  Survivor families f
Average indexed monthly earnings 1,719.00 4,000.00 5,334.00 8,001.00 13,319.00
Primary insurance amount 1,261.70 2,009.90 2,447.40 3,161.40 3,979.00
Maximum family benefit 1,892.60 3,591.10 4,467.60 5,533.20 6,964.10
Monthly benefit amount for survivor of worker deceased at age 40  
1 surviving child 946.00 1,507.00 1,835.00 2,371.00 2,984.00
Widowed mother or father and 1 child 1,892.00 3,014.00 3,670.00 4,742.00 5,968.00
Widowed mother or father and 2 children 1,890.00 3,591.00 4,467.00 5,532.00 6,963.00
  Disabled-worker families g
Average indexed monthly earnings 1,741.00 3,994.00 5,326.00 7,989.00 13,200.00
Primary insurance amount 1,268.90 2,007.90 2,444.80 3,159.50 3,960.70
Maximum family benefit h 1,516.70 3,011.90 3,667.20 4,739.20 5,941.00
Monthly benefit amount for disabled worker age 50  
Worker alone 1,268.00 2,007.00 2,444.00 3,159.00 3,960.00
Worker, spouse, and 1 child 1,514.00 3,011.00 3,666.00 4,737.00 5,940.00
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
a. Annual earnings are calculated by multiplying the federal minimum wage by 2,080 hours (see Department of Labor "History of Federal Minimum Wage Rates Under the Fair Labor Standards Act" at https://www.dol.gov/agencies/whd/minimum-wage/history/chart). Increases in the minimum wage during the year are prorated.
b. See Table 2.A8.
c. See Table 2.A9.
d. Assumes the worker began to work at age 22, retired at age 62 in 2024 with maximum reduction, and had no prior period of disability.
e. The full retirement age is the earliest age at which an unreduced spousal benefit is payable.
f. Assumes the deceased worker began to work at age 22, died in 2024 at age 40, had no earnings in that year, and had no prior period of disability.
g. Assumes the worker began to work at age 22, became disabled at age 50 in 2024, had no earnings in that year, and had no prior period of disability.
h. The Amendments of 1980 to the Social Security Act provide for a different family maximum amount in disability cases. For disabled workers entitled after June 1980, the maximum is the smaller of (1) 85 percent of the worker's average indexed monthly earnings (or 100 percent of the primary insurance amount, if larger) or (2) 150 percent of the primary insurance amount.
CONTACT: statistics@ssa.gov.
Table 2.A27 Maximum monthly retired-worker benefits for individuals who retired at age 62, by year in which they attained age 62, 1982–2025 (in dollars)
Year of attainment of age 62 Full retirement age (FRA) Maximum benefit
At retirement Effective December 2024 a
1982 65 477.90 1,628.20
1983 65 530.00 1,681.30
1984 65 563.30 1,726.30
1985 65 595.40 1,764.30
1986 65 634.90 1,824.40
1987 65 666.70 1,891.40
1988 65 691.40 1,882.90
1989 65 739.10 1,935.10
1990 65 780.00 1,950.80
1991 65 815.60 1,935.10
1992 65 860.00 1,968.00
1993 65 899.80 1,999.20
1994 65 954.50 2,067.00
1995 65 972.60 2,048.80
1996 65 1,006.80 2,067.20
1997 65 1,056.40 2,108.40
1998 65 1,117.30 2,184.20
1999 65 1,191.90 b 2,300.00
2000 65 and 2 months 1,248.20 2,350.00
2001 65 and 4 months 1,314.30 2,391.00
2002 65 and 6 months 1,382.70 2,451.50
2003 65 and 8 months 1,412.00 2,469.10
2004 65 and 10 months 1,422.60 2,436.70
2005 66 1,452.90 2,423.40
2006 66 1,530.90 2,453.10
2007 66 1,598.20 2,478.80
2008 66 1,682.00 2,550.10
2009 66 1,769.50 2,535.90
2010 66 1,820.00 2,608.20
2011 66 1,803.50 2,584.60
2012 66 1,855.70 2,567.10
2013 66 1,923.20 2,616.10
2014 66 1,992.90 2,671.00
2015 66 2,025.30 2,668.90
2016 66 2,102.40 2,770.80
2017 66 and 2 months 2,153.90 2,830.00
2018 66 and 4 months 2,158.50 2,780.50
2019 66 and 6 months 2,209.70 2,769.00
2020 66 and 8 months 2,265.30 2,794.10
2021 66 and 10 months 2,324.60 2,830.40
2022 67 2,364.30 2,718.40
2023 67 2,572.50 2,721.10
2024 67 2,710.40 2,778.10
2025 67 2,831.30 . . .
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: Assumes the worker began to work at age 22 and had no prior disability.
Because a worker cannot claim benefits until the first full calendar month throughout which he or she is aged 62, values reflect benefits claimed at age 62 and 1 month.
Because the FRA varies by year of birth, the cumulative reduction percentage for workers claiming at age 62 also varies by year of birth. See "Old-Age, Survivors, and Disability Insurance Program Reference for Statistical Publications" Table 9 (https://www.ssa.gov/policy/about/oasdi-reference.html#table9) for maximum reduction percentages by year of birth and year of attainment of age 62.
Values reflect the Old-Age and Survivors Insurance benefit formula computations that apply to all beneficiaries. Final payment amounts may differ because of deductions or other adjustments that apply case by case.
. . . = not applicable.
a. Values reflect cumulative cost-of-living adjustments.
b. The cost-of-living adjustment (COLA) for December 1999 was originally determined to be 2.4 percent, based on the Consumer Price Index (CPI). The underlying CPI was later recomputed by the Bureau of Labor Statistics; a 2.5 percent COLA would have been consistent with the recomputed CPI. Pursuant to Public Law 106-554, benefits were calculated and paid in August 2001 and later as if the COLA for December 1999 had been 2.5 percent. Affected beneficiaries received a one-time payment to cover the shortfall that occurred before August 2001.
CONTACT: statistics@ssa.gov.
Table 2.A28 Minimum and maximum monthly retired-worker benefits for individuals who retired at their full retirement age of 65, by year in which they attained age 65, 1940–2002 (in dollars)
Year of attainment of age 65 Minimum benefit Maximum benefit
At retirement Effective December 2024 a At retirement Effective December 2024 a
Men Women Men Women
1940 10.00 460.60 41.20 41.20 1,120.60 1,120.60
1941 10.00 460.60 41.60 41.60 1,120.60 1,120.60
1942 10.00 460.60 42.00 42.00 1,133.60 1,133.60
1943 10.00 460.60 42.40 42.40 1,133.60 1,133.60
1944 10.00 460.60 42.80 42.80 1,133.60 1,133.60
1945 10.00 460.60 43.20 43.20 1,146.20 1,146.20
1946 10.00 460.60 43.60 43.60 1,160.00 1,160.00
1947 10.00 460.60 44.00 44.00 1,170.90 1,170.90
1948 10.00 460.60 44.40 44.40 1,170.90 1,170.90
1949 10.00 460.60 44.80 44.80 1,182.90 1,182.90
1950 10.00 460.60 45.20 45.20 1,197.50 1,197.50
1951 20.00 460.60 68.50 68.50 1,197.50 1,197.50
1952 20.00 460.60 68.50 68.50 1,197.50 1,197.50
1953 25.00 460.60 85.00 85.00 1,323.00 1,323.00
1954 25.00 460.60 85.00 85.00 1,323.00 1,323.00
1955 30.00 460.60 98.50 98.50 1,323.00 1,323.00
1956 30.00 460.60 103.50 103.50 1,397.70 1,397.70
1957 30.00 460.60 108.50 108.50 1,461.40 1,461.40
1958 30.00 460.60 108.50 108.50 1,461.40 1,461.40
1959 33.00 460.60 116.00 116.00 1,461.40 1,461.40
1960 33.00 460.60 119.00 119.00 1,498.10 1,498.10
1961 33.00 460.60 120.00 120.00 1,509.80 1,509.80
1962 40.00 460.60 121.00 123.00 1,523.40 1,549.30
1963 40.00 460.60 122.00 125.00 1,535.40 1,572.30
1964 40.00 460.60 123.00 127.00 1,549.30 1,599.00
1965 44.00 460.60 131.70 135.90 1,549.30 1,599.00
1966 44.00 460.60 132.70 135.90 1,561.00 1,599.00
1967 44.00 460.60 135.90 140.00 1,599.00 1,646.20
1968 b 55.00 460.60 b 156.00 b 161.60 1,623.10 1,681.60
1969 55.00 460.60 160.50 167.30 1,670.80 1,741.00
1970 64.00 460.60 189.80 196.40 1,717.50 1,778.50
1971 70.40 460.60 213.10 220.40 1,752.50 1,811.20
1972 70.40 460.60 216.10 224.70 1,778.50 1,848.20
1973 84.50 460.60 266.10 276.40 1,823.90 1,894.70
1974 84.50 460.60 274.60 284.90 1,881.20 1,952.90
1975 93.80 460.60 316.30 333.70 1,952.90 2,060.40
1976 101.40 460.60 364.00 378.80 2,079.60 2,164.20
1977 107.90 460.60 412.70 422.40 2,216.80 2,268.30
1978 114.30 460.60 459.80 459.80 2,332.00 2,332.00
1979 121.80 460.60 503.40 503.40 2,396.80 2,396.80
1980 133.90 460.60 572.00 572.00 2,478.30 2,478.30
1981 153.10 460.60 677.00 677.00 2,566.00 2,566.00
1982 c 170.30 460.60 c 679.30 c 679.30 2,314.30 2,314.30
1983 c 166.40 418.80 709.50 709.50 2,251.30 2,251.30
1984 c 150.50 365.50 703.60 703.60 2,157.00 2,157.00
1985 d d 717.20 717.20 2,124.60 2,124.60
1986 d d 760.10 760.10 2,183.80 2,183.80
1987 d d 789.20 789.20 2,238.70 2,238.70
1988 d d 838.60 838.60 2,283.10 2,283.10
1989 d d 899.60 899.60 2,354.80 2,354.80
1990 d d 975.00 975.00 2,438.40 2,438.40
1991 d d 1,022.90 1,022.90 2,426.80 2,426.80
1992 d d 1,088.70 1,088.70 2,491.50 2,491.50
1993 d d 1,128.80 1,128.80 2,508.10 2,508.10
1994 d d 1,147.50 1,147.50 2,485.00 2,485.00
1995 d d 1,199.10 1,199.10 2,526.30 2,526.30
1996 d d 1,248.90 1,248.90 2,564.60 2,564.60
1997 d d 1,326.60 1,326.60 2,647.80 2,647.80
1998 d d 1,342.80 1,342.80 2,624.90 2,624.90
1999 d d 1,373.10 1,373.10 2,649.60 2,649.60
2000 d d 1,435.30 1,435.30 2,702.40 2,702.40
2001 d d e 1,538.20 e 1,538.20 2,797.90 2,797.90
2002 d d 1,660.50 1,660.50 2,944.20 2,944.20
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: The worker is assumed to have begun working at age 22, retired at the beginning of the year with unreduced benefits, had no earnings after retirement, and had no prior period of disability.
Values reflect the Old-Age and Survivors Insurance benefit formula computations that apply to all beneficiaries. Final payment amounts may differ because of deductions or other adjustments that apply case by case.
a. Values reflect cumulative cost-of-living adjustments.
b. Effective February 1968.
c. Derived from transitional guarantee computation based on primary insurance amount (PIA) table of 1978.
d. In 1981, legislation eliminated the minimum PIA for workers who attain age 62 in 1982 or later. (The minimum is retained until 1991 for members of religious orders who are under a vow of poverty, provided that the order had elected Social Security coverage before December 29, 1981.)
e. The cost-of-living adjustment (COLA) for December 1999 was originally determined to be 2.4 percent, based on the Consumer Price Index (CPI). The underlying CPI was later recomputed by the Bureau of Labor Statistics; a 2.5 percent COLA would have been consistent with the recomputed CPI. Pursuant to Public Law 106-554, benefits were calculated and paid in August 2001 and later as if the COLA for December 1999 had been 2.5 percent. Affected beneficiaries received a one-time payment to cover the shortfall that occurred before August 2001.
CONTACT: statistics@ssa.gov.
Table 2.A28.1 Maximum monthly retired-worker benefits for individuals who retired at full retirement age (FRA), by year in which they attained FRA, 2003–2025 (in dollars)
Year of attainment of FRA FRA Maximum benefit
At retirement Effective December 2024 a
2003 65 and 2 months 1,741.10 3,044.60
2004 65 and 2 months 1,797.40 3,078.70
65 and 4 months 1,825.40 3,126.30
2005 65 and 4 months 1,893.80 3,158.50
65 and 6 months 1,939.00 3,234.00
2006 65 and 6 months 2,037.10 3,263.90
65 and 8 months 2,053.20 3,289.80
2007 65 and 8 months 2,141.00 3,321.10
65 and 10 months 2,116.30 3,282.30
2008 65 and 10 months 2,185.40 3,313.80
2009 66 2,323.80 3,330.30
2010 66 2,346.80 3,363.20
2011 66 2,366.10 3,391.00
2012 66 2,513.60 3,477.60
2013 66 2,533.50 3,446.50
2014 66 2,642.60 3,541.70
2015 66 2,663.80 3,510.70
2016 66 2,639.40 3,478.50
2017 66 2,687.30 3,530.90
2018 66 2,788.90 3,592.50
2019 66 2,861.10 3,585.20
2020 66 3,011.50 3,714.30
2021 66 and 2 months 3,148.10 3,833.10
2022 66 and 2 months 3,345.80 3,846.90
66 and 4 months 3,313.80 3,810.20
2023 66 and 4 months 3,616.00 3,824.90
66 and 6 months 3,627.10 3,836.60
2024 66 and 6 months 3,760.80 3,854.80
66 and 8 months 3,822.80 3,918.30
2025 66 and 8 months 3,938.10 . . .
66 and 10 months 4,018.80 . . .
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: The worker is assumed to have begun working at age 22, retired at the beginning of the year with unreduced benefits, had no earnings after retirement, and had no prior period of disability.
Values reflect the Old-Age and Survivors Insurance benefit formula computations that apply to all beneficiaries. Final payment amounts may differ because of deductions or other adjustments that apply case by case.
. . . = not applicable.
a. Values reflect cumulative cost-of-living adjustments.
CONTACT: statistics@ssa.gov.
Table 2.A28.2 Maximum monthly retired-worker benefits for individuals who retired at the maximum delayed retirement credit age of 70, by year in which they attained age 70, 1987–2025 (in dollars)
Year of attainment of age 70 Full retirement age Maximum benefit
At retirement Effective December 2024 a
1987 65 1,056.80 2,998.70
1988 65 1,080.40 2,941.90
1989 65 1,063.60 2,784.90
1990 65 1,085.00 2,713.60
1991 65 1,163.90 2,761.80
1992 65 1,231.70 2,818.40
1993 65 1,289.00 2,864.10
1994 65 1,358.40 2,941.90
1995 65 1,474.00 3,105.40
1996 65 1,501.20 3,082.90
1997 65 1,609.90 3,213.20
1998 65 1,648.00 3,221.20
1999 65 1,684.30 3,250.20
2000 65 1,752.90 3,300.30
2001 65 1,879.00 3,418.50
2002 65 1,988.20 3,525.30
2003 65 2,045.60 3,576.80
2004 65 2,111.40 3,616.40
2005 65 2,252.30 3,756.40
2006 65 2,420.80 3,878.50
2007 65 2,672.70 4,145.60
2008 65 and 2 months 2,794.40 4,236.80
2009 65 and 4 months 3,054.50 4,377.40
2010 65 and 6 months 3,119.40 4,470.60
2011 65 and 8 months 3,193.10 4,576.10
2012 65 and 10 months 3,266.10 4,518.40
2013 66 3,350.80 4,557.90
2014 66 3,425.40 4,590.90
2015 66 3,501.10 4,613.90
2016 66 3,576.10 4,712.90
2017 66 3,538.20 4,649.00
2018 66 3,698.20 4,763.80
2019 66 3,770.40 4,724.90
2020 66 3,790.90 4,675.70
2021 66 3,895.80 4,743.60
2022 66 4,194.50 4,822.80
2023 66 4,555.00 4,818.20
2024 66 4,873.50 4,995.40
2025 66 and 2 months 5,108.50 . . .
SOURCES: Social Security Act of 1935 (the Act), as amended through December 31, 2024; regulations issued under the Act; and precedential case decisions (rulings). Social Security Administration, "Cost-of-Living Increase and Other Determinations for 2025," Federal Register, vol. 89, no. 207 (October 25, 2024). See the Social Security Program Rules page (https://www.ssa.gov/regulations/index.htm) for specific laws, regulations, rulings, legislation, and a link to the Federal Register.
NOTES: The worker is assumed to have begun working at age 22, retired at the beginning of the year with unreduced benefits, had no earnings after retirement, and had no prior period of disability.
Values reflect the Old-Age and Survivors Insurance benefit formula computations that apply to all beneficiaries. Final payment amounts may differ because of deductions or other adjustments that apply case by case.
. . . = not applicable.
a. Values reflect cumulative cost-of-living adjustments.
CONTACT: statistics@ssa.gov.