Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How do I determine wage growth assumption (item #7)?

April 26, 2017Assumption determine growth Wage

0

Posted

How do I determine wage growth assumption (item #7)?

1 Answer

0

Posted

The 2009 Social Security Trustees’ report includes the following: Average Earnings Assumptions: “The assumed ultimate annual growth rates in the average covered wage are 3.5, 3.9, and 4.3 percent for the low cost, intermediate, and high cost assumptions, respectively.”