NAWI

E698584

NAWI is the commonly used abbreviation for the National Average Wage Index, a measure of the average annual wages subject to Social Security taxation in the United States.

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Label Occurrences
NAWI canonical 1

Statements (35)

Predicate Object
instanceOf economic index
labor market indicator
abbreviationFor National Average Wage Index NERFINISHED
administeredBy Social Security Administration NERFINISHED
appliesTo wages subject to Social Security payroll tax
basisOf indexing of bend points in the Social Security primary insurance amount formula
indexing of earnings used to compute Social Security benefits
indexing of the contribution and benefit base (Social Security taxable maximum)
category United States economic statistics
labor statistics
social security metrics
country United States of America
surface form: United States
currency US dollar
surface form: United States dollar
dataType monetary value
fullName National Average Wage Index NERFINISHED
geographicCoverage United States wage and salary workers
measures average annual wages subject to Social Security taxation
publicationFrequency annual
publishedBy Social Security Administration NERFINISHED
relatedTo Average Indexed Monthly Earnings
Old-Age, Survivors, and Disability Insurance NERFINISHED
Primary Insurance Amount
Social Security taxable maximum
scope national
sector public finance
social insurance
timeUnit annual
usedBy Social Security Administration NERFINISHED
usedFor adjusting Social Security benefit amounts
determining contribution and benefit parameters in the U.S. Social Security system
indexing Social Security benefit formulas
indexing Social Security earnings
usedIn Social Security benefit calculations in the United States
actuarial projections for the Social Security system
usedSince late 20th century

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