Proposed Provision: Raise payroll tax rates (for employees and employers combined) by 2.0 percentage points in 2022 (to 14.4% combined) and by an additional 2.0 percentage points in 2052 (to 16.4% combined).
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2009 | 354 | 354 |
| 2010 | 360 | 360 |
| 2011 | 366 | 366 |
| 2012 | 369 | 369 |
| 2013 | 367 | 367 |
| 2014 | 364 | 364 |
| 2015 | 359 | 359 |
| 2016 | 354 | 354 |
| 2017 | 347 | 347 |
| 2018 | 338 | 338 |
| 2019 | 327 | 327 |
| 2020 | 315 | 315 |
| 2021 | 302 | 302 |
| 2022 | 289 | 289 |
| 2023 | 275 | 286 |
| 2024 | 260 | 283 |
| 2025 | 244 | 279 |
| 2026 | 227 | 274 |
| 2027 | 209 | 268 |
| 2028 | 191 | 262 |
| 2029 | 173 | 255 |
| 2030 | 153 | 247 |
| 2031 | 133 | 239 |
| 2032 | 113 | 230 |
| 2033 | 92 | 222 |
| 2034 | 71 | 213 |
| 2035 | 50 | 205 |
| 2036 | 29 | 196 |
| 2037 | 7 | 187 |
| 2038 | -16 | 179 |
| 2039 | -38 | 170 |
| 2040 | -61 | 162 |
| 2041 | -83 | 154 |
| 2042 | -106 | 146 |
| 2043 | -129 | 138 |
| 2044 | -152 | 131 |
| 2045 | -175 | 123 |
| 2046 | -199 | 115 |
| 2047 | -222 | 108 |
| 2048 | -246 | 101 |
| 2049 | -270 | 93 |
| 2050 | -294 | 86 |
| 2051 | -318 | 79 |
| 2052 | -342 | 72 |
| 2053 | -366 | 75 |
| 2054 | -391 | 79 |
| 2055 | -415 | 83 |
| 2056 | -440 | 87 |
| 2057 | -466 | 90 |
| 2058 | -491 | 94 |
| 2059 | -517 | 98 |
| 2060 | -544 | 101 |
| 2061 | -570 | 105 |
| 2062 | -598 | 108 |
| 2063 | -625 | 112 |
| 2064 | -653 | 115 |
| 2065 | -681 | 118 |
| 2066 | -710 | 121 |
| 2067 | -739 | 124 |
| 2068 | -768 | 127 |
| 2069 | -798 | 129 |
| 2070 | -828 | 132 |
| 2071 | -859 | 134 |
| 2072 | -890 | 136 |
| 2073 | -922 | 138 |
| 2074 | -954 | 139 |
| 2075 | -987 | 141 |
| 2076 | -1020 | 142 |
| 2077 | -1054 | 143 |
| 2078 | -1089 | 144 |
| 2079 | -1124 | 144 |
| 2080 | -1159 | 144 |
| 2081 | -1195 | 144 |
| 2082 | -1232 | 144 |
| 2083 | -1270 | 144 |
| 2084 | -1308 | 143 |
back