Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.7 percent in 2018, 13.0 percent in 2031, 13.3 in percent in 2046, 14.0 percent in 2066, 14.5 percent in 2076, and 14.7 percent in 2086 and later.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248250
2020233237
2021219224
2022204211
2023189198
2024173184
2025157170
2026142156
2027126142
2028110128
202994113
20307798
20316083
20324268
20332353
2034437
2035-1621
2036-365
2037-57-12
2038-78-29
2039-100-47
2040-122-65
2041-144-83
2042-166-101
2043-189-119
2044-211-137
2045-234-156
2046-257-174
2047-280-191
2048-303-208
2049-327-225
2050-351-243
2051-375-260
2052-398-277
2053-423-295
2054-447-313
2055-472-331
2056-496-349
2057-522-368
2058-548-388
2059-574-407
2060-601-428
2061-629-448
2062-657-469
2063-685-491
2064-714-513
2065-744-535
2066-774-558
2067-804-578
2068-835-598
2069-867-618
2070-899-639
2071-932-660
2072-965-683
2073-1000-705
2074-1035-729
2075-1072-753
2076-1110-778
2077-1148-801
2078-1188-825
2079-1228-849
2080-1268-873
2081-1309-898
2082-1350-922
2083-1391-946
2084-1432-971
2085-1472-995
2086-1514-1020
2087-1555-1043
2088-1597-1068
2089-1640-1092
2090-1683-1117
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