Table 1. Contribution rates and maximum taxable amount of annual earnings.

Calendar year	Maximum taxable amount of annual earnings	Contribution rate
		Employees and employers, each	Self-employed
		Percent of taxable earnings
1981	$29,700	1.30	1.30
1982	32,400	1.30	1.30
1983	35,700	1.30	1.30
Changes scheduled in present law:
1984	Subject to automatic increase	1.30	2.60
1985		1.35	2.70
1986 and later		1.45	2.90