Jerry McNerney ran as a write-in candidate in the March 2004 Democratic Primary in California's 11th congressional district. He received 1,667 votes (3% of the votes cast), and, having no opposition (no candidates were listed on the Democratic primary ballot), won the primary.
Three steps to calculate social security benefits. 1  First, a workerâs previous earnings are restated in terms of todayâs wages to reflect wage growth.2  Second, earnings for the highest 35 years are averaged and divided by the number of months in 35 years to arrive at Average Indexed Monthly Earnings (AIME). Second, earnings for the highest 35 years are averaged and divided by the number of months in 35 years to arrive at Average Indexed Monthly Earnings (AIME).
Calculate Social Security tax. The tax rate for Social Security is 12.40 percent of gross earnings, of which the employee pays half, or 6.20 percent. Multiply gross earnings by 6.20 percent to find the Social Security tax to be deducted from the employee's pay. Find the amount of Medicare tax.