




Social Security Explained, 2011 Edition
Provides a comprehensive and detailed explanation for the federal old-age, survivor's and disability insurance segments of the Social Security program.
For 2010, Schedule III is in effect, the ratio of the fund balance to total payrolls is 1.02% and the average required yield on taxable wages is 4.73%. Eligible positive-balance employers pay rates ranging from 0.16% to 5.40%. New employers pay 4.0%, except new construction employers pay 6.0%. Negative-balance employers pay rates ranging from 5.60% to 7.40%. Newly rated government employers pay 0.13% in 2010 (DOL Communication).