TN 31 (12-02)

RS 00605.928 Indexing Factors for 2003 Eligibility

Policy

Use this chart when earnings must be indexed manually and the eligibility year is 2003.

 

Year

Maximum

Earnings

Average

Earnings

Actual

Earnings

 

x

Indexing

Factor

 

=

Indexed

Earnings

1951

$3,600

$2,799.16

 

 

11.7613570

 

 

1952

$3,600

$2,973.32

 

 

11.0724443

 

 

1953

$3,600

$3,139.44

 

 

10.4865581

 

 

1954

$3,600

$3,155.64

 

 

10.4327236

 

 

1955

$4,200

$3,301.44

 

 

9.9719880

 

 

1956

$4,200

$3,532.36

 

 

9.3200919

 

 

1957

$4,200

$3,641.72

 

 

9.0402118

 

 

1958

$4,200

$3,673.80

 

 

8.9612717

 

 

1959

$4,800

$3,855.80

 

 

8.5382852

 

 

1960

$4,800

$4,007.12

 

 

8.2158558

 

 

1961

$4,800

$4,086.76

 

 

8.0557508

 

 

1962

$4,800

$4,291.40

 

 

7.6716037

 

 

1963

$4,800

$4,396.64

 

 

7.4879726

 

 

1964

$4,800

$4,576.32

 

 

7.1939724

 

 

1965

$4,800

$4,658.72

 

 

7.0667308

 

 

1966

$6,600

$4,938.36

 

 

6.6665695

 

 

1967

$6,600

$5,213.44

 

 

6.3148171

 

 

1968

$7,800

$5,571.76

 

 

5.9087111

 

 

1969

$7,800

$5,893.76

 

 

5.5858942

 

 

1970

$7,800

$6,186.24

 

 

5.3217981

 

 

1971

$7,800

$6,497.08

 

 

5.0671871

 

 

1972

$9,000

$7,133.80

 

 

4.6149205

 

 

1973

$10,800

$7,580.16

 

 

4.3431695

 

 

1974

$13,200

$8,030.76

 

 

4.0994775

 

 

1975

$14,100

$8,630.92

 

 

3.8144161

 

 

1976

$15,300

$9,226.48

 

 

3.5681994

 

 

1977

$16,500

$9,779.44

 

 

3.3664423

 

 

1978

$17,700

$10,556.03

 

 

3.1187786

 

 

1979

$22,900

$11,479.46

 

 

2.8678980

 

 

1980

$25,900

$12,513.46

 

 

2.6309206

 

 

1981

$29,700

$13,773.10

 

 

2.3903057

 

 

1982

$32,400

$14,531.34

 

 

2.2655805

 

 

1983

$35,700

$15,239.24

 

 

2.1603387

 

 

1984

$37,800

$16,135.07

 

 

2.0403952

 

 

1985

$39,600

$16,822.51

 

 

1.9570159

 

 

1986

$42,000

$17,321.82

 

 

1.9006040

 

 

1987

$43,800

$18,426.51

 

 

1.7866606

 

 

1988

$45,000

$19,334.04

 

 

1.7027957

 

 

1989

$48,000

$20,099.55

 

 

1.6379431

 

 

1990

$51,300

$21,027.98

 

 

1.5656245

 

 

1991

$53,400

$21,811.60

 

 

1.5093767

 

 

1992

$55,500

$22,935.42

 

 

1.4354182

 

 

1993

$57,600

$23,132.67

 

 

1.4231786

 

 

1994

$60,600

$23,753.53

 

 

1.3859801

 

 

1995

$61,200

$24,705.66

 

 

1.3325659

 

 

1996

$62,700

$25,913.90

 

 

1.2704348

 

 

1997

$65,400

$27,426.00

 

 

1.2003909

 

 

1998

$68,400

$28,861.44

 

 

1.1406888

 

 

1999

$72,600

$30,469.84

 

 

1.0804756

 

 

2000

$76,200

$32,154.82

 

 

1.0238565

 

 

2001

$80,400

$32,921.92

 

 

1.0000000

 

 

2002

$84,900

n/a

 

 

1.0000000

 

 

2003

$87,000

n/a

 

 

1.0000000

 

 

 


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0300605928
RS 00605.928 - Indexing Factors for 2003 Eligibility - 12/20/2002
Batch run: 02/21/2013
Rev:12/20/2002