Proposed Provision: Increase the taxable maximum from $106,800 to $115,200 (in 2009 AWI-indexed dollars), phased in 2014-2016. Provide benefit credit for earnings up to the revised taxable maximum levels.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2013 | 330 | 330 |
2014 | 315 | 315 |
2015 | 301 | 301 |
2016 | 286 | 287 |
2017 | 271 | 273 |
2018 | 257 | 260 |
2019 | 244 | 248 |
2020 | 231 | 236 |
2021 | 218 | 224 |
2022 | 204 | 210 |
2023 | 189 | 196 |
2024 | 173 | 182 |
2025 | 158 | 167 |
2026 | 142 | 152 |
2027 | 125 | 136 |
2028 | 108 | 119 |
2029 | 90 | 102 |
2030 | 71 | 84 |
2031 | 52 | 66 |
2032 | 31 | 47 |
2033 | 11 | 27 |
2034 | -11 | 6 |
2035 | -32 | -15 |
2036 | -55 | -36 |
2037 | -78 | -58 |
2038 | -101 | -80 |
2039 | -124 | -102 |
2040 | -148 | -125 |
2041 | -172 | -148 |
2042 | -196 | -171 |
2043 | -220 | -194 |
2044 | -245 | -218 |
2045 | -269 | -241 |
2046 | -294 | -265 |
2047 | -319 | -289 |
2048 | -345 | -313 |
2049 | -371 | -338 |
2050 | -397 | -363 |
2051 | -423 | -388 |
2052 | -449 | -413 |
2053 | -476 | -438 |
2054 | -502 | -464 |
2055 | -530 | -490 |
2056 | -557 | -516 |
2057 | -585 | -543 |
2058 | -613 | -570 |
2059 | -642 | -598 |
2060 | -671 | -626 |
2061 | -701 | -655 |
2062 | -732 | -684 |
2063 | -763 | -714 |
2064 | -794 | -744 |
2065 | -826 | -775 |
2066 | -859 | -806 |
2067 | -892 | -838 |
2068 | -925 | -870 |
2069 | -959 | -902 |
2070 | -993 | -936 |
2071 | -1028 | -970 |
2072 | -1064 | -1004 |
2073 | -1101 | -1040 |
2074 | -1139 | -1076 |
2075 | -1178 | -1114 |
2076 | -1217 | -1152 |
2077 | -1258 | -1191 |
2078 | -1299 | -1231 |
2079 | -1340 | -1271 |
2080 | -1382 | -1311 |
2081 | -1424 | -1352 |
2082 | -1466 | -1392 |
2083 | -1508 | -1433 |
2084 | -1550 | -1473 |
2085 | -1592 | -1514 |
2086 | -1635 | -1555 |
2087 | -1678 | -1597 |
2088 | -1722 | -1640 |
back