Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2016 until taxable earnings equal 90 percent of covered earnings. Provide benefit credit for earnings up to the revised taxable maximum.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264265
2019248250
2020233236
2021219223
2022204209
2023189196
2024173182
2025157168
2026142155
2027126142
2028110128
202994115
203077101
20316087
20324272
20332357
2034441
2035-1625
2036-369
2037-57-7
2038-78-24
2039-100-41
2040-122-58
2041-144-75
2042-166-91
2043-189-108
2044-211-125
2045-234-142
2046-257-159
2047-280-176
2048-303-193
2049-327-209
2050-351-226
2051-375-243
2052-398-260
2053-423-277
2054-447-294
2055-472-312
2056-496-329
2057-522-347
2058-548-366
2059-574-385
2060-601-405
2061-629-425
2062-657-446
2063-685-467
2064-714-488
2065-744-510
2066-774-533
2067-804-556
2068-835-579
2069-867-603
2070-899-627
2071-932-652
2072-965-678
2073-1000-705
2074-1035-732
2075-1072-760
2076-1110-789
2077-1148-819
2078-1188-849
2079-1228-880
2080-1268-911
2081-1309-943
2082-1350-974
2083-1391-1006
2084-1432-1038
2085-1472-1069
2086-1514-1102
2087-1555-1134
2088-1597-1167
2089-1640-1200
2090-1683-1234
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