TN 130 (10-24)

RS 00605.949 Indexing Factors for 2024 Eligibility and Beyond

Use the chart in this section to manually index earnings of any wage earner who is initially eligible in the year 2024.

Year Maximum Earnings Average Earnings Actual Earnings X Indexing Factor = Indexed Earnings
1963 $4,800 $4,396.64 14.5099735
1964 $4,800 $4,576.32 13.9402686
1965 $4,800 $4,658.72 13.6937034
1966 $6,600 $4,938.36 12.9182826
1967 $6,600 $5,213.44 12.2366672
1968 $7,800 $5,571.76 11.4497268
1969 $7,800 $5,893.76 10.8241818
1970 $7,800 $6,186.24 10.3124240
1971 $7,800 $6,497.08 9.8190464
1972 $9,000 $7,133.80 8.9426575
1973 $10,800 $7,580.16 8.4160664
1974 $13,200 $8,030.76 7.9438472
1975 $14,100 $8,630.92 7.3914635
1976 $15,300 $9,226.48 6.9143520
1977 $16,500 $9,779.44 6.5233930
1978 $17,700 $10,556.03 6.0434775
1979 $22,900 $11,479.46 5.5573285
1980 $25,900 $12,513.46 5.0981207
1981 $29,700 $13,773.10 4.6318643
1982 $32,400 $14,531.34 4.3901753
1983 $35,700 $15,239.24 4.1862409
1984 $37,800 $16,135.07 3.9538180
1985 $39,600 $16,822.51 3.7922480
1986 $42,000 $17,321.82 3.6829346
1987 $43,800 $18,426.51 3.4621385
1988 $45,000 $19,334.04 3.2996275
1989 $48,000 $20,099.55 3.1739581
1990 $51,300 $21,027.98 3.0338211
1991 $53,400 $21,811.60 2.9248258
1992 $55,500 $22,935.42 2.7815113
1993 $57,600 $23,132.67 2.7577936
1994 $60,600 $23,753.53 2.6857116
1995 $61,200 $24,705.66 2.5822071
1996 $62,700 $25,913.90 2.4618112
1997 $65,400 $27,426.00 2.3260822
1998 $68,400 $28,861.44 2.2103932
1999 $72,600 $30,469.84 2.0937140
2000 $76,200 $32,154.82 1.9839990
2001 $80,400 $32,921.92 1.9377706
2002 $84,900 $33,252.09 1.9185299
2003 $87,000 $34,064.95 1.8727498
2004 $87,900 $35,648.55 1.7895575
2005 $90,000 $36,952.94 1.7263885
2006 $94,200 $38,651.41 1.6505253
2007 $97,500 $40,405.48 1.5788732
2008 $102,000 $41,334.97 1.5433695
2009 $106,800 $40,711.61 1.5670009
2010 $106,800 $41,673.83 1.5308199
2011 $106,800 $42,979.61 1.4843115
2012 $110,100 $44,321,.67 1.4393666
2013 $113,700 $44,888.16 1.4212017
2014 $117,000 $46,481.52 1.3724837
2015 $118,500 $48,098.63 1.3263399
2016 $118,500 $48,642.15 1.3115195
2017 $127,200 $50,321.89 1.2677411
2018 $128,400 $52,145.80 1.2233992
2019 $132,900 $54,099.99 1.1792078
2020 $137,700 $55,628.60 1.1468045
2021 $142,800 $60,575.07 1.0531582
2022 $147,000 $63,795.13 1.0000000
2023 $160,200 N/A 1.0000000
2024 $168,600 N/A 1.0000000

For indexing factors for 2025 eligibility and beyond, please use the following link:


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0300605949
RS 00605.949 - Indexing Factors for 2024 Eligibility and Beyond - 10/04/2024
Batch run: 10/04/2024
Rev:10/04/2024