Effective Dates: 11/10/2022 - Present Previous | Next

TN 90 (11-22)

RS 00605.948 Indexing Factors for 2023 Eligibility

Use the chart in this section to manually index earnings of

any wage earner who is initially eligible in the year 2023.

Year Maximum Earnings Average Earnings Actual Earnings X Indexing Factor = Indexed Earnings
1962 $4,800 $4,291.40 ​ ​ 14.1154565 ​
1963 $4,800 $4,396.64 ​ ​ 13.7775824 ​ ​
1964 $4,800 $4,576.32 ​ ​ 13.2366334 ​ ​
1965 $4,800 $4,658.72 ​ ​ 13.0025136 ​ ​
1966 $6,600 $4,938.36 ​ ​ 12.2662321 ​ ​
1967 $6,600 $5,213.44 ​ ​ 11.6190212 ​ ​
1968 $7,800 $5,571.76 ​ ​ 10.8718017 ​ ​
1969 $7,800 $5,893.76 ​ ​ 10.2778311 ​ ​
1970 $7,800 $6,186.24 ​ ​ 9.7919043 ​ ​
1971 $7,800 $6,497.08 ​ ​ 9.3234299 ​ ​
1972 $9,000 $7,133.80 ​ ​ 8.4912767 ​ ​
1973 $10,800 $7,580.16 ​ ​

7.9912654

 ​ ​
1974 $13,200 $8,030.76 ​ ​ 7.5428814 ​ ​
1975 $14,100 $8,630.92 ​ ​ 7.0183793 ​ ​
1976 $15,300 $9,226.48 ​ ​ 6.5653499 ​ ​
1977 $16,500 $9,779.44 ​ ​ 6.1941246 ​ ​
1978 $17,700 $10,556.03 ​ ​ 5.7384329 ​ ​
1979 $22,900 $11,479.46 ​ ​ 5.2768223 ​ ​
1980 $25,900 $12,513.46 ​ ​ 4.8407930 ​ ​
1981 $29,700 $13,773.10 ​ ​ 4.3980709 ​ ​
1982 $32,400 $14,531.34 ​ ​ 4.1685811 ​ ​
1983 $35,700 $15,239.24 ​ ​ 3.9749404 ​ ​
1984 $37,800 $16,135.07 ​ ​ 3.7542490 ​ ​
1985 $39,600 $16,822.51 ​ ​ 3.6008342 ​ ​
1986 $42,000 $17,321.82 ​ ​ 3.4970384 ​ ​
1987 $43,800 $18,426.51 ​ ​ 3.2873870 ​ ​
1988 $45,000 $19,334.04 ​ ​ 3.1330788 ​ ​
1989 $48,000 $20,099.55 ​ ​ 3.0137525 ​ ​
1990 $51,300 $21,027.98 ​ ​ 2.8806890 ​ ​
1991 $53,400 $21,811.60 ​ ​ 2.7771952 ​ ​
1992 $55,500 $22,935.42 ​ ​ 2.6411145 ​ ​
1993 $57,600 $23,132.67 ​ ​ 2.6185940 ​ ​
1994 $60,600 $23,753.53 ​ ​ 2.5501502 ​ ​
1995 $61,200 $24,705.66 ​ ​ 2.4518701 ​ ​
1996 $62,700 $25,913.90 ​ ​ 2.3375513 ​ ​
1997 $65,400 $27,426.00 ​ ​ 2.2086732 ​ ​
1998 $68,400 $28,861.44 ​ ​ 2.0988236 ​ ​
1999 $72,600 $30,469.84 ​ ​ 1.9880337 ​ ​
2000 $76,200 $32,154.82 ​ ​ 1.8838566 ​ ​
2001 $80,400 $32,921.92 ​ ​ 1.8399616 ​ ​
2002 $84,900 $33,252.09 ​ ​ 1.8216921 ​ ​
2003 $87,000 $34,064.95 ​ ​ 1.7782228 ​ ​
2004 $87,900 $35,648.55 ​ ​ 1.6992296 ​ ​
2005 $90,000 $36,952.94 ​ ​ 1.6392490 ​ ​
2006 $94,200 $38,651.41 ​ ​ 1.5672150 ​ ​
2007 $97,500 $40,405.48 ​ ​ 1.4991796 ​ ​
2008 $102,000 $41,334.97 ​ ​ 1.4654679 ​ ​
2009 $106,800 $40,711.61 ​ ​ 1.4879065 ​ ​
2010 $106,800 $41,673.83 ​ ​ 1.4535518 ​ ​
2011 $106,800 $42,979.61 ​ ​ 1.4093909 ​ ​
2012 $110,100 $44,321,.67 ​ ​ 1.3667145 ​ ​
2013 $113,700 $44,888.16 ​ ​ 1.3494665 ​ ​
2014 $117,000 $46,481.52 ​ ​ 1.3032076 ​ ​
2015 $118,500 $48,098.63 ​ ​ 1.2593928 ​ ​
2016 $118,500 $48,642.15 ​ ​ 1.2453206 ​ ​
2017 $127,200 $50,321.89 ​ ​ 1.2037519 ​ ​
2018 $128,400 $52,145.80 ​ ​ 1.1616481 ​ ​
2019 $132,900 $54,099.99 ​ ​ 1.1196873 ​ ​
2020 $137,700 $55,628.60 ​ ​ 1.0889195 ​ ​
2021 $142,800 $60,575.07 ​ ​ 1.0000000 ​ ​
2022 $147,000 N/A ​ ​ 1.0000000 ​ ​

2023

$160,200

N/A

 

 

1.0000000

 

 

 

To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0300605948
RS 00605.948 - Indexing Factors for 2023 Eligibility - 11/10/2022
Batch run: 11/10/2022
Rev:11/10/2022