ChartBook Result
Average High Cost Multiples, US average
Data from 1957 to 1966
The average high cost multiple is used to measure solvency and indicates how many years a state could pay benefits if it were to pay an amount equivalent to the average amount paid out during the 3 highest cost 12-month periods in the previous twenty years, without collecting any additional revenue. A 1.5 average high cost multiple indicates that a state has enough money in its trust fund to pay benefits for one and a half years at a rate equivalent to the average of the 3 worst 12-month periods in its history without the benefit of any revenue inflow.