Proposed Provision: Beginning in 2019, apply 2 percent payroll tax rate on earnings over the wage-indexed equivalent of $200,000 in 2017, with the threshold wage-indexed after 2019. Provide proportional benefit credit for additional earnings taxed.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328328
2016321321
2017314314
2018306306
2019296296
2020284286
2021272275
2022259264
2023245252
2024230238
2025214225
2026198210
2027181195
2028164179
2029145162
2030127145
2031107127
203287108
20336790
20344671
20352551
2036432
2037-1812
2038-40-9
2039-62-29
2040-85-49
2041-108-70
2042-130-91
2043-153-112
2044-176-133
2045-200-154
2046-223-176
2047-247-197
2048-271-219
2049-295-241
2050-319-263
2051-343-285
2052-368-308
2053-393-331
2054-418-353
2055-443-376
2056-468-400
2057-494-424
2058-521-448
2059-548-473
2060-575-498
2061-602-523
2062-630-549
2063-659-575
2064-687-601
2065-716-628
2066-746-655
2067-775-682
2068-805-710
2069-835-738
2070-866-766
2071-897-795
2072-928-824
2073-960-853
2074-992-883
2075-1025-913
2076-1058-944
2077-1092-976
2078-1126-1008
2079-1161-1040
2080-1196-1073
2081-1232-1106
2082-1268-1140
2083-1305-1175
2084-1342-1209
2085-1380-1245
2086-1419-1281
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