Skip to content
Social Security Online
History
index.html This is an archival or historical document and may not reflect current policies or procedures
SSA logo: link to Social Security Online home

Trustees Reports- 1996

 

Table III.A1. - Contribution Rates for the OASDI and HI Programs
[In percent]

-------------------------------------------------------------------------------
                    Employees and employers,
                              each                        Self employed
                 ------------------------------  ------------------------------
                                           Com-                            Com-
Calendar years        OASDI        HI     bined       OASDI        HI     bined
-------------------------------------------------------------------------------
1966.............      3.85      0.35      4.20        5.80      0.35      6.15
1967.............      3.90       .50      4.40        5.90       .50      6.40
1968.............      3.80       .60      4.40        5.80       .60      6.40
1969-70..........      4.20       .60      4.80        6.30       .60      6.90
1971-72..........      4.60       .60      5.20        6.90       .60      7.50

1973.............      4.85      1.00      5.85        7.00      1.00      8.00
1974-77..........      4.95       .90      5.85        7.00       .90      7.90
1978.............      5.05      1.00      6.05        7.10      1.00      8.10
1979-80..........      5.08      1.05      6.13        7.05      1.05      8.10
1981.............      5.35      1.30      6.65        8.00      1.30      9.30

1982-83..........      5.40      1.30      6.70        8.05      1.30      9.35
1984 1/..........      5.70      1.30      7.00       11.40      2.60     14.00
1985 1/..........      5.70      1.35      7.05       11.40      2.70     14.10
1986-87 1/.......      5.70      1.45      7.15       11.40      2.90     14.30
1988-89 1/.......      6.06      1.45      7.51       12.12      2.90     15.02
1990 and later...      6.20      1.45      7.65       12.40      2.90     15.30
-------------------------------------------------------------------------------
1/ See footnote 1 under table II.B1 in the section entitled "Description of the
Trust Funds" for a description of tax credits allowed against the combined
OASDI and HI taxes on net earnings from self-employment in 1984-89.
 
 
 Link to FirstGov.gov: U.S. Government portal Privacy Policy | Website Policies & Other Important Information | Site Map
Need Larger Text?