Q & A

I am looking at the Trust Fund Data of Social Security & Medicare Tax rates from the Social Security Administration website. For the year 1971-72, I see a 4.6 withholding rate under OASDI and .600 under HI. Would a federal employee covered under CSRS in 1972 have paid the 0.6 percent into Medicare? I know they would not pay the 4.6 under OASDI.

Answer: No. Federal employees weren’t covered by Social Security until Jan. 1, 1984.

Source: http://blogs.federaltimes.com - November 16, 2013

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