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
|
|
|