Years of coverage
Years of Coverage (abbreviated YOCs), for the purposes of the Social Security Administration, are years in which a beneficiary is considered to have contributed a substantial amount into the Social Security Trust Fund[1]. These YOCs are used in the computations in whether or not and how to apply the Windfall Elimination Provision[2]. These amounts are not the same amounts used in similar computations, such as with Quarter Credits.
Calculating YOCs
YOCs are calculated in two different manners. Because the amount paid into the Social Security Trust Fund were not separated by year prior to 1951[3], earnings from prior to this year are divided $900.00 with any remainder dropped. The lower of the result of this division and 14 is the number of YOCs a beneficiary is credited for earnings before 1951. Contributions began in 1937[4], there are 14 years between, and including, 1937 and 1950[5].
All years afterwards, in which contributions were separated by year, have specific threshholds which contributions in that year must surpass for a YOC to be credited for that year. A beneficiary may not have more than one YOC for any of these years. The threshholds for years after 1950 are[6][7]:
- 1951 | $900.00
- 1952 | $900.00
- 1953 | $900.00
- 1954 | $900.00
- 1955 | $1050.00
- 1956 | $1050.00
- 1957 | $1050.00
- 1958 | $1050.00
- 1959 | $1200.00
- 1960 | $1200.00
- 1961 | $1200.00
- 1962 | $1200.00
- 1963 | $1200.00
- 1964 | $1200.00
- 1965 | $1200.00
- 1966 | $1650.00
- 1967 | $1650.00
- 1968 | $1950.00
- 1969 | $1950.00
- 1970 | $1950.00
- 1971 | $1950.00
- 1972 | $2250.00
- 1973 | $2700.00
- 1974 | $3300.00
- 1975 | $3525.00
- 1976 | $3825.00
- 1977 | $4125.00
- 1978 | $4425.00
- 1979 | $4725.00
- 1980 | $5100.00
- 1981 | $5550.00
- 1982 | $6075.00
- 1983 | $6675.00
- 1984 | $7050.00
- 1985 | $7425.00
- 1986 | $7875.00
- 1987 | $8175.00
- 1988 | $8400.00
- 1989 | $8925.00
- 1990 | $9525.00
- 1991 | $9900.00
- 1992 | $10,350.00
- 1993 | $10,725.00
- 1994 | $11,250.00
- 1995 | $11,325.00
- 1996 | $11,625.00
- 1997 | $12,150.00
- 1998 | $12,675.00
- 1999 | $13,425.00
- 2000 | $14,175.00
- 2001 | $14,925.00
- 2002 | $15,750.00
- 2003 | $16,125.00
- 2004 | $16,275.00
- 2005 | $16,725.00
- 2006 | $17,475.00
- 2007 | $18,150.00
- 2008 | $18,975.00
Notes
Sources
Social Security Online. Social Security Adminstration. www.ssa.gov.
Social Security Program Operations Manual System. Social Security Administration. https://s044a90.ssa.gov/apps10/poms.nsf/partlist!OpenView.
SSA Publication No. 21-059 A Brief History. Social Security Administration. August 2005.
External links
www.ssa.gov / Alternate - Official website of the Social Security Administration