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Projected Effects of a Proposal to Price Index the Primary Insurance Amount (PIA)
Formula for Earners Above the 30th Percentile
Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 3% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 2% | 0% | 0% | 0% | 0% |
Male | 4% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 3% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 3% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 3% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 3% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 3% | 0% | 0% | 0% | 0% |
Other countries | 3% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 10% | 0% | 0% | 0% | 0% |
70–79 | 0% | 0% | 0% | 0% | 0% |
80–89 | 0% | 0% | 0% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 4% | 0% | 0% | 0% | 0% |
Divorced | 3% | 0% | 0% | 0% | 0% |
Widowed | 2% | 0% | 0% | 0% | 0% |
Never married | 3% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 3% | 0% | 0% | 0% | 0% |
Bachelor | 4% | 0% | 0% | 0% | 0% |
Associate | 4% | 0% | 0% | 0% | 0% |
High school | 3% | 0% | 0% | 0% | 0% |
Less than high school | 2% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 3% | 0% | 0% | 0% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 3% | 0% | 0% | 0% | 0% |
Second highest | 4% | 0% | 0% | 0% | 0% |
Middle | 4% | 0% | 0% | 0% | 0% |
Second lowest | 3% | 0% | 0% | 0% | 0% |
Lowest | 1% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 3% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 2% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 2% | 0% | 0% | 0% | 0% |
Disabled worker only | 9% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 54% | 0% | -16% | -2% | 0% |
Sex | |||||
Female | 48% | 0% | -14% | 0% | 0% |
Male | 60% | 0% | -18% | -3% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 47% | 0% | -13% | 0% | 0% |
White, non-Hispanic | 57% | 0% | -17% | -2% | 0% |
Black or African American, non-Hispanic | 49% | 0% | -15% | 0% | 0% |
All other races, non-Hispanic | 55% | 0% | -18% | -2% | 0% |
Country of birth | |||||
United States | 56% | 0% | -17% | -2% | 0% |
Other countries | 46% | 0% | -14% | 0% | 0% |
Age | |||||
60–69 | 63% | 0% | -21% | -6% | 0% |
70–79 | 71% | 0% | -15% | -6% | 0% |
80–89 | 38% | 0% | -6% | 0% | 0% |
90 or older | 1% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 61% | 0% | -17% | -3% | 0% |
Divorced | 55% | 0% | -16% | -2% | 0% |
Widowed | 35% | 0% | -9% | 0% | 0% |
Never married | 51% | 0% | -17% | -1% | 0% |
Highest education level | |||||
Graduate | 67% | 0% | -20% | -7% | 0% |
Bachelor | 62% | 0% | -18% | -4% | 0% |
Associate | 57% | 0% | -15% | -2% | 0% |
High school | 45% | 0% | -12% | 0% | 0% |
Less than high school | 36% | 0% | -11% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 56% | 0% | -16% | -2% | 0% |
In poverty | 1% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 68% | 0% | -20% | -8% | 0% |
Second highest | 67% | 0% | -18% | -6% | 0% |
Middle | 62% | 0% | -15% | -3% | 0% |
Second lowest | 50% | 0% | -11% | 0% | 0% |
Lowest | 23% | 0% | -4% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 57% | 0% | -17% | -2% | 0% |
Widow(er) (includes dually entitled) | 34% | 0% | -10% | 0% | 0% |
Spousal (includes dually entitled) | 63% | 0% | -17% | -4% | 0% |
Disabled worker only | 53% | 0% | -18% | -1% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 73% | 0% | -31% | -12% | 0% |
Sex | |||||
Female | 69% | 0% | -29% | -10% | 0% |
Male | 76% | 0% | -32% | -15% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 60% | 0% | -27% | -6% | 0% |
White, non-Hispanic | 80% | 0% | -31% | -15% | 0% |
Black or African American, non-Hispanic | 63% | 0% | -28% | -7% | 0% |
All other races, non-Hispanic | 73% | 0% | -34% | -15% | 0% |
Country of birth | |||||
United States | 76% | 0% | -31% | -13% | 0% |
Other countries | 59% | 0% | -30% | -6% | 0% |
Age | |||||
60–69 | 65% | 0% | -36% | -11% | 0% |
70–79 | 72% | 0% | -31% | -14% | 0% |
80–89 | 79% | 0% | -25% | -14% | 0% |
90 or older | 82% | 0% | -17% | -9% | 0% |
Marital status | |||||
Married | 75% | 0% | -32% | -14% | 0% |
Divorced | 75% | 0% | -31% | -13% | 0% |
Widowed | 73% | 0% | -25% | -10% | 0% |
Never married | 62% | 0% | -30% | -7% | 0% |
Highest education level | |||||
Graduate | 87% | 0% | -34% | -21% | 0% |
Bachelor | 84% | 0% | -34% | -19% | 0% |
Associate | 75% | 0% | -28% | -11% | 0% |
High school | 63% | 0% | -26% | -7% | 0% |
Less than high school | 47% | 0% | -23% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 74% | 0% | -31% | -13% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 92% | 0% | -36% | -25% | -3% |
Second highest | 87% | 0% | -32% | -19% | 0% |
Middle | 82% | 0% | -29% | -14% | 0% |
Second lowest | 71% | 0% | -22% | -9% | 0% |
Lowest | 32% | 0% | -9% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 73% | 0% | -31% | -13% | 0% |
Widow(er) (includes dually entitled) | 73% | 0% | -26% | -10% | 0% |
Spousal (includes dually entitled) | 76% | 0% | -30% | -12% | 0% |
Disabled worker only | 58% | 0% | -29% | -6% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race/ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race/ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race/ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 1% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 1% | 0% | 0% | 0% | 0% |
Male | 2% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 1% | 0% | 0% | 0% | 0% |
Other countries | 1% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 3% | 0% | 0% | 0% | 0% |
70–79 | 0% | 0% | 0% | 0% | 0% |
80–89 | 0% | 0% | 0% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 1% | 0% | 0% | 0% | 0% |
Divorced | 2% | 0% | 0% | 0% | 0% |
Widowed | 1% | 0% | 0% | 0% | 0% |
Never married | 2% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 1% | 0% | 0% | 0% | 0% |
Bachelor | 1% | 0% | 0% | 0% | 0% |
Associate | 2% | 0% | 0% | 0% | 0% |
High school | 1% | 0% | 0% | 0% | 0% |
Less than high school | 1% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 1% | 0% | 0% | 0% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 1% | 0% | 0% | 0% | 0% |
Middle | 2% | 0% | 0% | 0% | 0% |
Second lowest | 2% | 0% | 0% | 0% | 0% |
Lowest | 1% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 1% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 1% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 1% | 0% | 0% | 0% | 0% |
Disabled worker only | 4% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 49% | 0% | -6% | 0% | 0% |
Sex | |||||
Female | 45% | 0% | -5% | 0% | 0% |
Male | 54% | 0% | -6% | -1% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 42% | 0% | -5% | 0% | 0% |
White, non-Hispanic | 52% | 0% | -6% | -1% | 0% |
Black or African American, non-Hispanic | 45% | 0% | -6% | 0% | 0% |
All other races, non-Hispanic | 49% | 0% | -5% | 0% | 0% |
Country of birth | |||||
United States | 52% | 0% | -6% | -1% | 0% |
Other countries | 41% | 0% | -5% | 0% | 0% |
Age | |||||
60–69 | 62% | 0% | -8% | -2% | 0% |
70–79 | 67% | 0% | -6% | -2% | 0% |
80–89 | 27% | 0% | -2% | 0% | 0% |
90 or older | 1% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 58% | 0% | -6% | -1% | 0% |
Divorced | 48% | 0% | -7% | 0% | 0% |
Widowed | 29% | 0% | -4% | 0% | 0% |
Never married | 44% | 0% | -6% | 0% | 0% |
Highest education level | |||||
Graduate | 60% | 0% | -6% | -1% | 0% |
Bachelor | 57% | 0% | -6% | -1% | 0% |
Associate | 54% | 0% | -6% | -1% | 0% |
High school | 41% | 0% | -5% | 0% | 0% |
Less than high school | 32% | 0% | -5% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 51% | 0% | -6% | -1% | 0% |
In poverty | 1% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 54% | 0% | -3% | -1% | 0% |
Second highest | 61% | 0% | -6% | -1% | 0% |
Middle | 60% | 0% | -8% | -1% | 0% |
Second lowest | 50% | 0% | -8% | -1% | 0% |
Lowest | 22% | 0% | -3% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 52% | 0% | -5% | -1% | 0% |
Widow(er) (includes dually entitled) | 30% | 0% | -5% | 0% | 0% |
Spousal (includes dually entitled) | 58% | 0% | -7% | -1% | 0% |
Disabled worker only | 50% | 0% | -8% | -1% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 72% | 0% | -13% | -4% | 0% |
Sex | |||||
Female | 70% | 0% | -13% | -4% | 0% |
Male | 74% | 0% | -14% | -4% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 61% | 0% | -13% | -3% | 0% |
White, non-Hispanic | 80% | 0% | -13% | -5% | 0% |
Black or African American, non-Hispanic | 62% | 0% | -14% | -3% | 0% |
All other races, non-Hispanic | 70% | 0% | -13% | -4% | 0% |
Country of birth | |||||
United States | 76% | 0% | -13% | -5% | 0% |
Other countries | 58% | 0% | -12% | -2% | 0% |
Age | |||||
60–69 | 65% | 0% | -15% | -4% | 0% |
70–79 | 73% | 0% | -14% | -5% | 0% |
80–89 | 79% | 0% | -12% | -4% | 0% |
90 or older | 75% | 0% | -8% | -2% | 0% |
Marital status | |||||
Married | 78% | 0% | -13% | -5% | 0% |
Divorced | 73% | 0% | -15% | -4% | 0% |
Widowed | 69% | 0% | -12% | -3% | 0% |
Never married | 59% | 0% | -12% | -2% | 0% |
Highest education level | |||||
Graduate | 86% | 0% | -14% | -5% | 0% |
Bachelor | 83% | 0% | -13% | -5% | 0% |
Associate | 75% | 0% | -14% | -4% | 0% |
High school | 64% | 0% | -13% | -3% | 0% |
Less than high school | 46% | 0% | -12% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 74% | 0% | -13% | -4% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 86% | 0% | -8% | -4% | 0% |
Second highest | 85% | 0% | -12% | -6% | 0% |
Middle | 83% | 0% | -17% | -7% | 0% |
Second lowest | 75% | 0% | -18% | -6% | 0% |
Lowest | 31% | 0% | -8% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 73% | 0% | -13% | -4% | 0% |
Widow(er) (includes dually entitled) | 70% | 0% | -15% | -4% | 0% |
Spousal (includes dually entitled) | 74% | 0% | -16% | -6% | 0% |
Disabled worker only | 58% | 0% | -15% | -2% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Without proposal | With proposal | Without proposal | With proposal | Change | ||
Total | 5% | 5% | 3,237 | 3,240 | 2 | 0% |
Sex | ||||||
Female | 5% | 5% | 1,787 | 1,790 | 2 | 0% |
Male | 4% | 4% | 1,450 | 1,450 | 0 | 0% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 7% | 7% | 570 | 570 | 0 | 0% |
White, non-Hispanic | 3% | 3% | 1,804 | 1,806 | 2 | 0% |
Black or African American, non-Hispanic | 9% | 9% | 636 | 636 | 0 | 0% |
All other races, non-Hispanic | 6% | 6% | 228 | 228 | 0 | 0% |
Country of birth | ||||||
United States | 4% | 4% | 2,472 | 2,475 | 2 | 0% |
Other countries | 7% | 7% | 765 | 765 | 0 | 0% |
Age | ||||||
60–69 | 6% | 6% | 1,486 | 1,488 | 2 | 0% |
70–79 | 4% | 4% | 1,318 | 1,318 | 0 | 0% |
80–89 | 3% | 3% | 381 | 381 | 0 | 0% |
90 or older | 2% | 2% | 53 | 53 | 0 | 0% |
Marital status | ||||||
Married | 1% | 1% | 469 | 469 | 0 | 0% |
Divorced | 9% | 9% | 1,207 | 1,209 | 2 | 0% |
Widowed | 6% | 6% | 740 | 740 | 0 | 0% |
Never married | 16% | 16% | 821 | 821 | 0 | 0% |
Highest education level | ||||||
Graduate | 1% | 1% | 97 | 97 | 0 | 0% |
Bachelor | 2% | 2% | 263 | 263 | 0 | 0% |
Associate | 4% | 4% | 626 | 626 | 0 | 0% |
High school | 6% | 6% | 1,534 | 1,537 | 2 | 0% |
Less than high school | 12% | 12% | 717 | 717 | 0 | 0% |
Current-law benefit type | ||||||
Retired worker only | 4% | 4% | 2,252 | 2,252 | 0 | 0% |
Widow(er) (includes dually entitled) | 5% | 5% | 577 | 577 | 0 | 0% |
Spousal (includes dually entitled) | 2% | 2% | 145 | 147 | 2 | 1% |
Disabled worker only | 10% | 10% | 263 | 263 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | ||||||
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Without proposal | With proposal | Without proposal | With proposal | Change | ||
Total | 4% | 4% | 3,309 | 3,343 | 33 | 1% |
Sex | ||||||
Female | 4% | 4% | 1,862 | 1,883 | 21 | 1% |
Male | 4% | 4% | 1,447 | 1,460 | 12 | 0% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 6% | 6% | 897 | 902 | 4 | 0% |
White, non-Hispanic | 3% | 3% | 1,472 | 1,487 | 14 | 1% |
Black or African American, non-Hispanic | 8% | 8% | 679 | 692 | 13 | 1% |
All other races, non-Hispanic | 4% | 4% | 261 | 263 | 1 | 0% |
Country of birth | ||||||
United States | 4% | 4% | 2,260 | 2,291 | 30 | 1% |
Other countries | 6% | 6% | 1,048 | 1,052 | 3 | 0% |
Age | ||||||
60–69 | 5% | 5% | 1,277 | 1,287 | 10 | 0% |
70–79 | 4% | 4% | 1,105 | 1,118 | 13 | 1% |
80–89 | 3% | 3% | 734 | 743 | 9 | 1% |
90 or older | 3% | 3% | 193 | 194 | 1 | 0% |
Marital status | ||||||
Married | 1% | 1% | 457 | 460 | 2 | 0% |
Divorced | 6% | 6% | 948 | 979 | 30 | 3% |
Widowed | 5% | 5% | 750 | 750 | 0 | 0% |
Never married | 12% | 12% | 1,154 | 1,154 | 0 | 0% |
Highest education level | ||||||
Graduate | 1% | 1% | 91 | 91 | 0 | 0% |
Bachelor | 2% | 2% | 280 | 293 | 12 | 4% |
Associate | 3% | 3% | 555 | 562 | 7 | 1% |
High school | 6% | 6% | 1,549 | 1,561 | 11 | 0% |
Less than high school | 11% | 11% | 834 | 835 | 1 | 0% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 34 | 33 | . . . |
In poverty | 100% | 100% | 3,309 | 3,309 | 0 | 0% |
Current-law benefit type | ||||||
Retired worker only | 4% | 4% | 2,500 | 2,506 | 5 | 0% |
Widow(er) (includes dually entitled) | 4% | 4% | 498 | 498 | 0 | 0% |
Spousal (includes dually entitled) | 1% | 2% | 99 | 127 | 28 | 28% |
Disabled worker only | 6% | 6% | 212 | 212 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | ||||||
NOTES: Start date = 2022.
. . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Without proposal | With proposal | Without proposal | With proposal | Change | ||
Total | 3% | 3% | 2,425 | 2,434 | 8 | 0% |
Sex | ||||||
Female | 3% | 3% | 1,304 | 1,312 | 8 | 0% |
Male | 2% | 2% | 1,121 | 1,121 | 0 | 0% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 3% | 3% | 769 | 773 | 4 | 0% |
White, non-Hispanic | 2% | 2% | 1,009 | 1,012 | 2 | 0% |
Black or African American, non-Hispanic | 4% | 4% | 392 | 394 | 1 | 0% |
All other races, non-Hispanic | 3% | 3% | 254 | 254 | 0 | 0% |
Country of birth | ||||||
United States | 2% | 2% | 1,586 | 1,594 | 8 | 0% |
Other countries | 4% | 4% | 839 | 839 | 0 | 0% |
Age | ||||||
60–69 | 3% | 3% | 795 | 795 | 0 | 0% |
70–79 | 3% | 3% | 906 | 913 | 6 | 0% |
80–89 | 3% | 3% | 585 | 587 | 1 | 0% |
90 or older | 2% | 2% | 139 | 139 | 0 | 0% |
Marital status | ||||||
Married | 1% | 1% | 292 | 292 | 0 | 0% |
Divorced | 3% | 3% | 613 | 622 | 8 | 1% |
Widowed | 3% | 3% | 473 | 473 | 0 | 0% |
Never married | 6% | 6% | 1,046 | 1,046 | 0 | 0% |
Highest education level | ||||||
Graduate | 1% | 1% | 156 | 156 | 0 | 0% |
Bachelor | 1% | 1% | 218 | 218 | 0 | 0% |
Associate | 2% | 2% | 405 | 408 | 2 | 0% |
High school | 4% | 4% | 1,033 | 1,039 | 5 | 0% |
Less than high school | 6% | 6% | 613 | 613 | 0 | 0% |
Current-law benefit type | ||||||
Retired worker only | 3% | 3% | 1,958 | 1,958 | 0 | 0% |
Widow(er) (includes dually entitled) | 2% | 2% | 321 | 321 | 0 | 0% |
Spousal (includes dually entitled) | 1% | 1% | 41 | 49 | 8 | 21% |
Disabled worker only | 3% | 3% | 105 | 105 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | ||||||
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio without proposal at the— |
Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 19% | 0% | -3% | 0% | 0% | 5% | 127% | 397% | 5% | 125% | 395% |
Sex | |||||||||||
Female | 17% | 0% | -2% | 0% | 0% | 23% | 159% | 562% | 23% | 158% | 560% |
Male | 22% | 0% | -4% | 0% | 0% | 0% | 105% | 239% | 0% | 103% | 238% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 15% | 0% | -2% | 0% | 0% | 0% | 141% | 506% | 0% | 140% | 501% |
White, non-Hispanic | 21% | 0% | -3% | 0% | 0% | 14% | 122% | 359% | 13% | 121% | 356% |
Black or African American, non-Hispanic | 14% | 0% | -2% | 0% | 0% | 0% | 131% | 410% | 0% | 130% | 405% |
All other races, non-Hispanic | 20% | 0% | -4% | 0% | 0% | 0% | 132% | 493% | 0% | 130% | 493% |
Country of birth | |||||||||||
United States | 20% | 0% | -3% | 0% | 0% | 12% | 123% | 363% | 11% | 121% | 361% |
Other countries | 16% | 0% | -3% | 0% | 0% | 0% | 144% | 525% | 0% | 143% | 523% |
Highest education level | |||||||||||
Graduate | 33% | 0% | -5% | 0% | 0% | 24% | 113% | 245% | 24% | 110% | 241% |
Bachelor | 29% | 0% | -4% | 0% | 0% | 25% | 120% | 324% | 25% | 118% | 321% |
Associate | 19% | 0% | -3% | 0% | 0% | 16% | 127% | 340% | 16% | 126% | 339% |
High school | 14% | 0% | -2% | 0% | 0% | 0% | 133% | 475% | 0% | 132% | 474% |
Less than high school | 7% | 0% | 0% | 0% | 0% | 0% | 141% | 718% | 0% | 140% | 718% |
Current-law initial AIME quintile | |||||||||||
Highest | 45% | 0% | -6% | 0% | 0% | 36% | 93% | 136% | 35% | 92% | 133% |
Second highest | 29% | 0% | -3% | 0% | 0% | 21% | 118% | 175% | 21% | 116% | 173% |
Middle | 10% | 0% | -1% | 0% | 0% | 10% | 140% | 234% | 10% | 139% | 232% |
Second lowest | 6% | 0% | 0% | 0% | 0% | 23% | 205% | 444% | 23% | 204% | 444% |
Lowest | 7% | 0% | 0% | 0% | 0% | 0% | 228% | 1,369% | 0% | 228% | 1,356% |
Lifetime payroll tax quintile | |||||||||||
Highest | 44% | 0% | -6% | 0% | 0% | 40% | 94% | 134% | 39% | 92% | 131% |
Second highest | 29% | 0% | -3% | 0% | 0% | 23% | 118% | 173% | 23% | 117% | 171% |
Middle | 12% | 0% | -1% | 0% | 0% | 16% | 141% | 235% | 16% | 141% | 234% |
Second lowest | 5% | 0% | 0% | 0% | 0% | 18% | 193% | 403% | 18% | 192% | 399% |
Lowest | 6% | 0% | 0% | 0% | 0% | 0% | 270% | 1,384% | 0% | 269% | 1,372% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 47% | 0% | -6% | 0% | 0% | 47% | 101% | 169% | 47% | 99% | 165% |
Second highest | 27% | 0% | -3% | 0% | 0% | 33% | 118% | 237% | 33% | 117% | 237% |
Middle | 16% | 0% | -1% | 0% | 0% | 15% | 136% | 314% | 15% | 135% | 312% |
Second lowest | 7% | 0% | 0% | 0% | 0% | 9% | 165% | 490% | 9% | 165% | 486% |
Lowest | 1% | 0% | 0% | 0% | 0% | 0% | 183% | 1,028% | 0% | 183% | 1,028% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio without proposal at the— |
Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 61% | 0% | -23% | -8% | 0% | 0% | 119% | 375% | 0% | 104% | 354% |
Sex | |||||||||||
Female | 59% | 0% | -22% | -6% | 0% | 0% | 143% | 532% | 0% | 131% | 491% |
Male | 62% | 0% | -24% | -10% | 0% | 0% | 101% | 258% | 0% | 85% | 251% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 46% | 0% | -19% | -2% | 0% | 0% | 128% | 410% | 0% | 118% | 392% |
White, non-Hispanic | 71% | 0% | -23% | -11% | 0% | 14% | 118% | 372% | 12% | 102% | 345% |
Black or African American, non-Hispanic | 45% | 0% | -21% | -2% | 0% | 0% | 111% | 323% | 0% | 99% | 315% |
All other races, non-Hispanic | 55% | 0% | -25% | -11% | 0% | 0% | 106% | 410% | 0% | 88% | 397% |
Country of birth | |||||||||||
United States | 67% | 0% | -23% | -10% | 0% | 7% | 118% | 342% | 7% | 103% | 323% |
Other countries | 42% | 0% | -22% | -2% | 0% | 0% | 121% | 521% | 0% | 108% | 504% |
Highest education level | |||||||||||
Graduate | 82% | 0% | -26% | -19% | 0% | 21% | 105% | 271% | 17% | 84% | 252% |
Bachelor | 76% | 0% | -25% | -16% | 0% | 5% | 107% | 291% | 4% | 88% | 275% |
Associate | 64% | 0% | -20% | -7% | 0% | 0% | 120% | 329% | 0% | 108% | 310% |
High school | 51% | 0% | -19% | -3% | 0% | 0% | 130% | 483% | 0% | 120% | 457% |
Less than high school | 33% | 0% | -16% | 0% | 0% | 0% | 126% | 612% | 0% | 120% | 574% |
Current-law initial AIME quintile | |||||||||||
Highest | 99% | 0% | -26% | -22% | -18% | 37% | 87% | 124% | 28% | 67% | 98% |
Second highest | 96% | 0% | -18% | -13% | -7% | 34% | 117% | 176% | 30% | 101% | 154% |
Middle | 63% | 0% | -10% | -3% | 0% | 28% | 145% | 258% | 27% | 138% | 242% |
Second lowest | 24% | 0% | -12% | 0% | 0% | 0% | 204% | 522% | 0% | 200% | 487% |
Lowest | 21% | 0% | -15% | 0% | 0% | 0% | 122% | 1,803% | 0% | 117% | 1,734% |
Lifetime payroll tax quintile | |||||||||||
Highest | 99% | 0% | -26% | -22% | -18% | 40% | 88% | 125% | 31% | 67% | 98% |
Second highest | 97% | 0% | -18% | -13% | -7% | 36% | 117% | 178% | 31% | 101% | 154% |
Middle | 68% | 0% | -9% | -3% | 0% | 29% | 144% | 261% | 28% | 138% | 244% |
Second lowest | 23% | 0% | -12% | 0% | 0% | 0% | 197% | 467% | 0% | 195% | 431% |
Lowest | 17% | 0% | -14% | 0% | 0% | 0% | 121% | 1,917% | 0% | 120% | 1,803% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 99% | 0% | -26% | -22% | -16% | 42% | 90% | 149% | 33% | 70% | 121% |
Second highest | 96% | 0% | -20% | -14% | -6% | 43% | 119% | 247% | 36% | 102% | 217% |
Middle | 77% | 0% | -14% | -5% | 0% | 31% | 139% | 330% | 29% | 131% | 307% |
Second lowest | 27% | 0% | -6% | 0% | 0% | 7% | 176% | 565% | 7% | 174% | 543% |
Lowest | 3% | 0% | 0% | 0% | 0% | 0% | 66% | 922% | 0% | 66% | 909% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio without proposal at the— |
Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 63% | 0% | -37% | -14% | 0% | 0% | 116% | 343% | 0% | 93% | 315% |
Sex | |||||||||||
Female | 62% | 0% | -36% | -12% | 0% | 0% | 137% | 486% | 0% | 117% | 429% |
Male | 63% | 0% | -38% | -17% | 0% | 0% | 99% | 245% | 0% | 74% | 231% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 53% | 0% | -33% | -8% | 0% | 0% | 124% | 369% | 0% | 106% | 341% |
White, non-Hispanic | 73% | 0% | -38% | -19% | 0% | 17% | 115% | 338% | 13% | 89% | 304% |
Black or African American, non-Hispanic | 50% | 0% | -34% | -5% | 0% | 0% | 112% | 306% | 0% | 95% | 288% |
All other races, non-Hispanic | 62% | 0% | -41% | -24% | 0% | 0% | 100% | 327% | 0% | 69% | 297% |
Country of birth | |||||||||||
United States | 68% | 0% | -37% | -16% | 0% | 11% | 116% | 318% | 9% | 92% | 287% |
Other countries | 47% | 0% | -38% | -8% | 0% | 0% | 116% | 475% | 0% | 93% | 425% |
Highest education level | |||||||||||
Graduate | 82% | 0% | -41% | -30% | 0% | 25% | 106% | 255% | 19% | 73% | 230% |
Bachelor | 78% | 0% | -40% | -29% | 0% | 8% | 103% | 272% | 6% | 71% | 245% |
Associate | 66% | 0% | -34% | -13% | 0% | 0% | 118% | 309% | 0% | 97% | 283% |
High school | 54% | 0% | -31% | -7% | 0% | 0% | 124% | 413% | 0% | 108% | 374% |
Less than high school | 37% | 0% | -27% | 0% | 0% | 0% | 127% | 547% | 0% | 117% | 510% |
Current-law initial AIME quintile | |||||||||||
Highest | 99% | 0% | -42% | -36% | -31% | 39% | 85% | 121% | 24% | 52% | 80% |
Second highest | 96% | 0% | -30% | -21% | -12% | 40% | 114% | 170% | 31% | 88% | 136% |
Middle | 66% | 0% | -19% | -5% | 0% | 29% | 138% | 246% | 27% | 127% | 220% |
Second lowest | 29% | 0% | -17% | 0% | 0% | 11% | 189% | 452% | 10% | 183% | 404% |
Lowest | 24% | 0% | -27% | 0% | 0% | 0% | 128% | 1,529% | 0% | 122% | 1,340% |
Lifetime payroll tax quintile | |||||||||||
Highest | 99% | 0% | -42% | -37% | -31% | 41% | 85% | 121% | 25% | 53% | 79% |
Second highest | 97% | 0% | -30% | -22% | -13% | 41% | 116% | 173% | 32% | 89% | 135% |
Middle | 72% | 0% | -17% | -7% | 0% | 31% | 139% | 254% | 29% | 128% | 223% |
Second lowest | 26% | 0% | -16% | 0% | 0% | 13% | 183% | 414% | 13% | 179% | 370% |
Lowest | 20% | 0% | -25% | 0% | 0% | 0% | 126% | 1,578% | 0% | 125% | 1,395% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 100% | 0% | -42% | -36% | -28% | 44% | 87% | 139% | 28% | 54% | 97% |
Second highest | 97% | 0% | -34% | -24% | -12% | 45% | 117% | 231% | 34% | 89% | 185% |
Middle | 80% | 0% | -25% | -10% | 0% | 34% | 136% | 307% | 31% | 120% | 263% |
Second lowest | 33% | 0% | -12% | 0% | 0% | 12% | 167% | 512% | 12% | 164% | 475% |
Lowest | 5% | 0% | 0% | 0% | 0% | 0% | 89% | 792% | 0% | 89% | 768% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate without proposal at the— |
Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 19% | 0% | -3% | 0% | 0% | 24% | 46% | 79% | 23% | 45% | 79% |
Sex | |||||||||||
Female | 16% | 0% | -2% | 0% | 0% | 28% | 51% | 90% | 28% | 51% | 90% |
Male | 23% | 0% | -3% | 0% | 0% | 22% | 42% | 66% | 22% | 41% | 65% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 14% | 0% | -2% | 0% | 0% | 28% | 50% | 84% | 27% | 50% | 83% |
White, non-Hispanic | 21% | 0% | -3% | 0% | 0% | 23% | 43% | 74% | 23% | 43% | 74% |
Black or African American, non-Hispanic | 14% | 0% | -1% | 0% | 0% | 28% | 51% | 85% | 28% | 50% | 85% |
All other races, non-Hispanic | 21% | 0% | -3% | 0% | 0% | 24% | 48% | 90% | 24% | 48% | 90% |
Country of birth | |||||||||||
United States | 20% | 0% | -3% | 0% | 0% | 23% | 44% | 75% | 23% | 44% | 75% |
Other countries | 17% | 0% | -2% | 0% | 0% | 28% | 53% | 90% | 28% | 53% | 90% |
Highest education level | |||||||||||
Graduate | 33% | 0% | -5% | 0% | 0% | 21% | 41% | 71% | 20% | 41% | 70% |
Bachelor | 28% | 0% | -4% | 0% | 0% | 22% | 42% | 77% | 21% | 41% | 76% |
Associate | 18% | 0% | -2% | 0% | 0% | 24% | 45% | 74% | 24% | 44% | 74% |
High school | 14% | 0% | -1% | 0% | 0% | 27% | 48% | 81% | 26% | 47% | 81% |
Less than high school | 8% | 0% | 0% | 0% | 0% | 33% | 56% | 90% | 33% | 55% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 47% | 0% | -6% | 0% | 0% | 17% | 31% | 47% | 16% | 30% | 46% |
Second highest | 33% | 0% | -3% | 0% | 0% | 24% | 38% | 56% | 24% | 37% | 55% |
Middle | 13% | 0% | -1% | 0% | 0% | 29% | 43% | 63% | 29% | 43% | 62% |
Second lowest | 1% | 0% | 0% | 0% | 0% | 38% | 51% | 77% | 38% | 51% | 77% |
Lowest | 2% | 0% | 0% | 0% | 0% | 53% | 70% | 119% | 53% | 70% | 119% |
Lifetime payroll tax quintile | |||||||||||
Highest | 46% | 0% | -6% | 0% | 0% | 16% | 33% | 50% | 16% | 32% | 49% |
Second highest | 32% | 0% | -3% | 0% | 0% | 23% | 37% | 57% | 22% | 37% | 56% |
Middle | 16% | 0% | -1% | 0% | 0% | 31% | 43% | 63% | 30% | 42% | 63% |
Second lowest | 2% | 0% | 0% | 0% | 0% | 37% | 50% | 78% | 37% | 50% | 77% |
Lowest | 1% | 0% | 0% | 0% | 0% | 52% | 68% | 113% | 52% | 68% | 113% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 46% | 0% | -6% | 0% | 0% | 18% | 36% | 53% | 17% | 35% | 53% |
Second highest | 27% | 0% | -3% | 0% | 0% | 22% | 38% | 62% | 22% | 38% | 62% |
Middle | 17% | 0% | -1% | 0% | 0% | 28% | 43% | 69% | 28% | 43% | 69% |
Second lowest | 5% | 0% | 0% | 0% | 0% | 33% | 50% | 82% | 33% | 50% | 82% |
Lowest | 0% | 0% | 0% | 0% | 0% | 46% | 63% | 92% | 46% | 63% | 92% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate without proposal at the— |
Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 65% | 0% | -25% | -7% | 0% | 24% | 47% | 85% | 18% | 43% | 82% |
Sex | |||||||||||
Female | 59% | 0% | -23% | -4% | 0% | 27% | 53% | 90% | 22% | 49% | 90% |
Male | 70% | 0% | -26% | -10% | 0% | 22% | 43% | 73% | 17% | 38% | 71% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 51% | 0% | -21% | -1% | 0% | 28% | 51% | 90% | 23% | 49% | 90% |
White, non-Hispanic | 71% | 0% | -26% | -11% | 0% | 23% | 45% | 81% | 18% | 40% | 79% |
Black or African American, non-Hispanic | 52% | 0% | -23% | -1% | 0% | 26% | 51% | 83% | 21% | 49% | 82% |
All other races, non-Hispanic | 69% | 0% | -28% | -12% | 0% | 22% | 46% | 90% | 16% | 40% | 88% |
Country of birth | |||||||||||
United States | 68% | 0% | -25% | -8% | 0% | 23% | 46% | 81% | 18% | 41% | 78% |
Other countries | 52% | 0% | -24% | -2% | 0% | 27% | 54% | 90% | 22% | 50% | 90% |
Highest education level | |||||||||||
Graduate | 85% | 0% | -28% | -19% | 0% | 21% | 42% | 75% | 15% | 34% | 71% |
Bachelor | 80% | 0% | -28% | -16% | 0% | 21% | 43% | 82% | 15% | 36% | 79% |
Associate | 66% | 0% | -23% | -6% | 0% | 24% | 45% | 76% | 19% | 42% | 74% |
High school | 53% | 0% | -20% | -1% | 0% | 28% | 51% | 89% | 23% | 49% | 87% |
Less than high school | 38% | 0% | -17% | 0% | 0% | 31% | 57% | 90% | 26% | 56% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 100% | 0% | -39% | -23% | -19% | 16% | 31% | 46% | 10% | 24% | 36% |
Second highest | 100% | 0% | -26% | -16% | -11% | 23% | 38% | 56% | 17% | 32% | 47% |
Middle | 89% | 0% | -11% | -6% | 0% | 29% | 45% | 65% | 26% | 42% | 59% |
Second lowest | 23% | 0% | -3% | 0% | 0% | 41% | 55% | 84% | 40% | 54% | 82% |
Lowest | 12% | 0% | -4% | 0% | 0% | 58% | 74% | 135% | 58% | 74% | 130% |
Lifetime payroll tax quintile | |||||||||||
Highest | 100% | 0% | -43% | -23% | -19% | 16% | 33% | 49% | 9% | 26% | 39% |
Second highest | 100% | 0% | -26% | -16% | -10% | 22% | 37% | 58% | 17% | 32% | 49% |
Middle | 88% | 0% | -11% | -6% | 0% | 30% | 45% | 66% | 27% | 42% | 61% |
Second lowest | 24% | 0% | -3% | 0% | 0% | 39% | 54% | 85% | 39% | 54% | 83% |
Lowest | 12% | 0% | -4% | 0% | 0% | 57% | 73% | 127% | 57% | 72% | 122% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 99% | 0% | -36% | -23% | -17% | 17% | 35% | 52% | 11% | 27% | 42% |
Second highest | 94% | 0% | -27% | -16% | -5% | 21% | 39% | 62% | 16% | 33% | 55% |
Middle | 82% | 0% | -18% | -8% | 0% | 27% | 44% | 73% | 23% | 41% | 68% |
Second lowest | 43% | 0% | -8% | 0% | 0% | 35% | 53% | 88% | 33% | 52% | 86% |
Lowest | 6% | 0% | 0% | 0% | 0% | 50% | 67% | 108% | 50% | 67% | 107% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate without proposal at the— |
Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 65% | 0% | -40% | -12% | 0% | 24% | 48% | 84% | 15% | 40% | 81% |
Sex | |||||||||||
Female | 59% | 0% | -37% | -8% | 0% | 28% | 52% | 90% | 20% | 47% | 90% |
Male | 71% | 0% | -41% | -17% | 0% | 22% | 44% | 73% | 13% | 35% | 71% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 56% | 0% | -35% | -5% | 0% | 27% | 50% | 88% | 19% | 46% | 86% |
White, non-Hispanic | 72% | 0% | -41% | -18% | 0% | 23% | 46% | 81% | 14% | 37% | 78% |
Black or African American, non-Hispanic | 53% | 0% | -36% | -2% | 0% | 26% | 52% | 84% | 19% | 47% | 83% |
All other races, non-Hispanic | 73% | 0% | -43% | -24% | 0% | 22% | 45% | 84% | 13% | 34% | 79% |
Country of birth | |||||||||||
United States | 68% | 0% | -40% | -14% | 0% | 23% | 47% | 81% | 15% | 39% | 78% |
Other countries | 56% | 0% | -40% | -6% | 0% | 26% | 51% | 90% | 18% | 46% | 90% |
Highest education level | |||||||||||
Graduate | 84% | 0% | -44% | -30% | 0% | 21% | 43% | 80% | 12% | 30% | 74% |
Bachelor | 82% | 0% | -45% | -30% | 0% | 21% | 42% | 79% | 12% | 30% | 74% |
Associate | 66% | 0% | -36% | -10% | 0% | 25% | 47% | 77% | 17% | 41% | 74% |
High school | 55% | 0% | -33% | -4% | 0% | 28% | 50% | 88% | 19% | 46% | 85% |
Less than high school | 40% | 0% | -29% | 0% | 0% | 31% | 57% | 90% | 23% | 56% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 100% | 0% | -67% | -38% | -33% | 16% | 31% | 47% | 5% | 20% | 30% |
Second highest | 100% | 0% | -38% | -26% | -17% | 24% | 39% | 57% | 14% | 29% | 43% |
Middle | 89% | 0% | -21% | -10% | 0% | 31% | 45% | 65% | 26% | 40% | 58% |
Second lowest | 24% | 0% | -8% | 0% | 0% | 41% | 55% | 84% | 40% | 54% | 81% |
Lowest | 14% | 0% | -7% | 0% | 0% | 58% | 74% | 128% | 57% | 73% | 119% |
Lifetime payroll tax quintile | |||||||||||
Highest | 100% | 0% | -68% | -38% | -33% | 16% | 33% | 49% | 5% | 20% | 31% |
Second highest | 100% | 0% | -38% | -26% | -17% | 23% | 39% | 58% | 14% | 29% | 45% |
Middle | 89% | 0% | -20% | -10% | 0% | 31% | 45% | 66% | 26% | 40% | 60% |
Second lowest | 26% | 0% | -7% | 0% | 0% | 40% | 54% | 83% | 39% | 53% | 80% |
Lowest | 12% | 0% | -5% | 0% | 0% | 57% | 73% | 122% | 57% | 72% | 112% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 99% | 0% | -66% | -37% | -28% | 16% | 35% | 51% | 5% | 22% | 35% |
Second highest | 95% | 0% | -41% | -27% | -9% | 22% | 40% | 63% | 13% | 30% | 53% |
Middle | 83% | 0% | -29% | -13% | 0% | 29% | 45% | 72% | 22% | 39% | 66% |
Second lowest | 42% | 0% | -15% | 0% | 0% | 37% | 53% | 88% | 34% | 51% | 84% |
Lowest | 7% | 0% | 0% | 0% | 0% | 50% | 67% | 102% | 50% | 67% | 102% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v4 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
For projected effects on the Social Security trust funds, see the Actuary's provision B1.2.