| For Plan Years Beginning | Premium Rate (per participant) |
|---|---|
| September 2, 1974 - August 31, 1979 | $0.50 |
| September 1, 1979 - September 26, 1980 | $0.50 for plan years beginning in September 1979, growing gradually to $1.00 for plan years beginning September 1, 1980, to September 26, 1980 |
| September 27, 1980 - September 26, 1984 | $1.40 |
| September 27, 1984 - September 26, 1986 | $1.80 |
| September 27, 1986 - September 26, 1988 | $2.20 |
| On or after September 27, 1988 | $2.60 |
| On or after January 1, 2006 | $8.00 |
* This amount will be adjusted annually after 2006 by changes in the national average wage index (as defined in section 209(k)(1) of the Social Security Act). However, the premium rate will not decline even if the national average wage index declines. The adjusted premium rate will be rounded to the nearest multiple of $1.