Social Security-- Covered Employment, Earnings, and Contribution Rates statistics


ITEM	Unit	1970	1980	1981	1982	1983		1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999

Workers with insured status ¹	Million	105.7	140.4	142.9	144.7	146.5		148.3	150.9	153.2	155.7	158.3	161.3	164.0	165.9	167.5	169.1	170.7	172.9	174.8	177.5	179.5	181.8
Male	Million	61.9	76.6	77.6	78.3	79.0		79.6	80.7	81.7	82.7	83.8	85.2	86.5	87.3	87.9	88.5	89.1	90.0	90.9	92.0	92.8	93.8
Female	Million	43.8	63.8	65.2	66.4	67.5		68.6	70.1	71.5	73.0	74.5	76.1	77.5	78.7	79.6	80.6	81.6	82.9	84.0	85.5	86.7	88.0

Under 25 years old	Million	17.7	25.7	25.3	24.4	23.2		22.4	22.0	21.7	21.4	21.3	21.4	21.3	20.8	20.1	19.5	19.0	18.8	18.5	18.8	19.2	19.6
25 to 34 years old	Million	22.3	36.5	37.2	37.9	38.6		39.4	40.1	40.6	41.0	41.3	41.5	41.6	41.3	40.8	40.3	39.8	39.4	38.8	38.2	37.4	36.7
35 to 44 years old	Million	19.0	23.0	24.5	25.9	27.2		28.6	29.9	31.2	32.3	33.5	34.9	36.4	37.3	38.1	38.9	39.7	40.5	41.3	41.8	42.2	42.5
45 to 54 years old	Million	19.0	18.6	18.6	18.6	18.8		19.0	19.2	19.7	20.6	21.4	22.1	22.8	24.2	25.6	26.8	28.2	29.5	30.7	31.9	33.1	34.5
55 to 59 years old	Million	7.8	9.3	9.2	9.2	9.2		9.1	9.0	8.9	8.8	8.7	8.7	8.7	8.8	9.0	9.3	9.5	9.7	10.1	10.7	11.3	11.8
60 to 64 years old	Million	6.3	8.2	8.5	8.5	8.8		8.7	8.8	8.7	8.8	8.7	8.7	8.8	8.7	8.5	8.5	8.4	8.4	8.5	8.8	8.9	9.1
65 to 69 years old	Million	5.1	7.0	7.1	7.2	7.3		7.3	7.5	7.7	7.8	7.9	8.1	8.2	8.1	8.2	8.2	8.1	8.1	8.1	8.0	7.9	7.9
70 years old and over	Million	8.5	12.1	12.5	13.0	13.4		13.9	14.3	14.6	15.0	15.4	15.8	16.3	16.8	17.3	17.7	18.1	18.5	18.8	19.3	19.6	19.8

Workers reported with--
Taxable earnings ²	Million	93	113	113	112	112		116	120	123	126	130	132	134	133	134	136	138	141	144	147	149	152
Maximum earnings ²	Million	24	10	9	8	7		7	8	8	8	8	8	8	8	8	8	8	8	9	9	9	9
Earnings in covered employment ²	Bil. dol	532	1,329	1,451	1,517	1,615		1,801	1,942	2,082	2,237	2,432	2,573	2,704	2,762	2,916	3,023	3,169	3,359	3,568	3,848	4,141	4,409
Reported taxable ²	Bil. dol	416	1,178	1,294	1,365	1,454		1,609	1,725	1,844	1,959	2,092	2,238	2,359	2,423	2,533	2,636	2,785	2,920	3,076	3,287	3,517	3,748
Percent of total	Percent	78.2	88.6	89.2	90.0	90.0		89.3	88.8	88.6	87.6	86.0	87.0	87.2	87.7	86.8	87.2	87.9	86.9	86.2	85.4	84.9	85.0
Average per worker:
Total earnings ²	Dollars	5,711	11,761	12,840	13,565	14,409		15,484	16,125	16,939	17,715	18,690	19,423	20,227	20,769	21,776	22,205	22,929	23,814	24,863	26,236	27,697	29,082
Taxable earnings ²	Dollars	4,464	10,430	11,452	12,212	12,971		13,833	14,326	15,007	15,513	16,077	16,890	17,642	18,214	18,911	19,364	20,152	20,700	21,431	22,415	23,525	24,707

Annual maximum taxable earnings ³	Dollars	7,800	25,900	29,700	32,400	35,700		37,800	39,600	42,000	43,800	45,000	48,000	51,300	53,400	55,500	57,600	60,600	61,200	62,700	65,400	68,400	72,600
Contribution rates for OASDHI: ⁴
Each employer and employee	Percent	4.80	6.13	6.65	6.70	6.70	⁵	7.00	7.05	7.15	7.15	7.51	7.51	7.65	7.65	7.65	7.65	7.65	7.65	7.65	7.65	7.65	7.65
OASDI	Percent	4.20	5.08	5.35	5.40	5.40		5.70	5.70	5.70	5.70	6.06	6.06	6.20	6.20	6.20	6.20	6.20	6.20	6.20	6.20	6.20	6.20
Hospital insurance	Percent	0.60	1.05	1.30	1.30	1.30		1.30	1.35	1.45	1.45	1.45	1.45	1.45	1.45	1.45	1.45	1.45	1.45	1.45	1.45	1.45	1.45
Self-employed ⁵	Percent	6.90	8.10	9.30	9.35	9.35		14.00	14.10	14.30	14.30	15.02	15.02	15.30	15.30	15.30	15.30	15.30	15.30	15.30	15.30	15.30	15.30
OASDI	Percent	6.30	7.05	8.00	8.05	8.05		11.40	11.40	11.40	11.40	12.12	12.12	12.40	12.40	12.40	12.40	12.40	12.40	12.40	12.40	12.40	12.40
Hospital insurance	Percent	0.60	1.05	1.30	1.30	1.30		2.60	2.70	2.90	2.90	2.90	2.90	2.90	2.90	2.90	2.90	2.90	2.90	2.90	2.90	2.90	2.90
SMI, monthly premium ⁶	Dollars	5.30	9.60	11.00	12.20	12.20		14.60	15.50	15.50	17.90	24.80	31.90	28.60	29.90	31.80	36.60	41.10	46.10	42.50	43.80	43.80	45.50

NA Not available.
1 Estimated number fully insured for retirement and/or survivor benefitsas of end of year, except 1970 as of beginning of year.
2 Includes self-employment.
3 The maximum taxable earnings for HI was $125,000 in 1991, $130,200in 1992, and 135,000 in 1993. Beginning 1994 upper limit on earnings subjectto HI taxes was repealed.
4 As of January 1, 2000, each employee and employer pays7.65 percent and the self-employed pay 15.3 percent.
5 Self-employed pays 11.3 percent in 1984, 11.8 percent in 1985,12.3 percent in 1986 and 1987, and 13.02 percent in 1988 and 1989.The additional amount is supplied from general revenues.Beginning 1990, self-employed pays 15.3 percent, and half of thetax is deductible for income tax purposes and for computingself-employment income subject to social security tax.
6 1970-1982, as of July 1; beginning 1983, as of January 1.As of January 1, 2000, the monthly premium is $45.50.

Source: U.S. Social Security Administration,Annual Statistical Supplement to the Social Security Bulletin;and unpublished data.

http://www.ssa.gov/policy/

https://allcountries.org/uscensus/606_social_security_covered_employment_earnings_and.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright � 2019 Photius Coutsoukis and Information Technology Associates, all rights reserved.

606. Social Security-- Covered Employment, Earnings, and Contribution Rates