allocation to disability insurance trust fund

allocation to disability insurance trust fund Sec. 205. (a) Section 201(b)(1) of the Social Security Act is amended— (1) by striking out “and (D)” and inserting in lieu thereof “(D)”, and (2) by striking out “1969, and so reported,” and inserting in lieu thereof “1969, and before January 1, 1973, and so reported, (E) 1.0 per centum of the wages (as so defined) paid alter December 31, 1972, and before January 1, 1978, and so reported, (F) 1.1 per centum of the wages (as so defined) paid after December 31, 1977, and before January 1, 2011, and so reported, and (G) 1.4 per centum of the wages (as so defined) paid after December 31, 2010, and so reported,”. (b) Section 201 (b)(2) of such Act is amended— (1) by striking out “and (D)” and inserting in lieu thereof “(D)”, and (2) by striking out “beginning after December 31, 1969,” and inserting in lieu thereof “beginning after December 31, 1969, and before January 1, 1973, (E) 0.75 of 1 per centum of the amount of self-employment income (as so defined) so reported for any taxable year beginning after December 31, 1972, and before January 1, 1978, (F) 0.825 per centum of the amount of self-employment income (as so defined) so reported for any taxable year beginning after December 31, 1977, and before January 1, 2011, and (G) 0.915 per centum of the amount of self-employment income (as so defined) so reported for any taxable year beginning after December 31, 2010,”.