Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2018, 12.9 percent in 2026, 13.1 in percent in 2036, 13.9 percent in 2046, 13.5 percent in 2056, and 13.3 percent in 2066 and later.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248250
2020233236
2021219222
2022204209
2023189195
2024173180
2025157166
2026142151
2027126139
2028110125
202994112
20307798
20316084
20324269
20332353
2034437
2035-1620
2036-363
2037-57-13
2038-78-30
2039-100-47
2040-122-64
2041-144-81
2042-166-99
2043-189-117
2044-211-134
2045-234-152
2046-257-170
2047-280-184
2048-303-197
2049-327-211
2050-351-225
2051-375-238
2052-398-252
2053-423-266
2054-447-280
2055-472-295
2056-496-309
2057-522-327
2058-548-344
2059-574-363
2060-601-381
2061-629-400
2062-657-420
2063-685-440
2064-714-460
2065-744-481
2066-774-502
2067-804-525
2068-835-548
2069-867-571
2070-899-596
2071-932-620
2072-965-646
2073-1000-672
2074-1035-699
2075-1072-726
2076-1110-755
2077-1148-784
2078-1188-814
2079-1228-844
2080-1268-874
2081-1309-905
2082-1350-936
2083-1391-967
2084-1432-998
2085-1472-1029
2086-1514-1060
2087-1555-1091
2088-1597-1123
2089-1640-1156
2090-1683-1189
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