1994 Social Security Wage Base: The 1994 Medicare tax rate will remain at 1.45 percent; however, because of recent tax legislation there is no Medicare wage limit. The 1994 Social Security taxable wage base will increase from $57,600 to $60,600. The tax rate paid by the employer and employee also will remain at 6.2 percent. Social Security beneficiaries and Supplemental Security Income recipients will receive a 2.6 percent cost-of-living increase in 1994. Wage and Tax Statements - 1993 W-2s: Both state and university 1993 W-2s will be sent only through U.S. mail to the address provided by the employee. The Payroll Office staff has planned that all W-2s should be delivered on or before Jan. 31. The U.S. Postal Service will return all undeliverable W-2s to the Payroll Office, B-6 Coble Hall. W-2s returned with a U.S. Postal Service-provided forwarding address will be remailed. W-2s returned without a forwarding address will be held in B-6 Coble Hall for pick-up by the named employee with proper identification. Employees paid on state funds will receive a W-2 from the state comptroller as indicated on the monthly earnings statement. Gloria Gehrt in the Payroll Office, 333-2443, can respond to questions about W-2 delivery and availability.