Proposed Provision: E3.6. Increase the taxable maximum each year by an additional 2 percent beginning in 2025 until taxable earnings equal 90 percent of covered earnings. Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2022 | 230 | 230 |
| 2023 | 211 | 211 |
| 2024 | 194 | 194 |
| 2025 | 177 | 177 |
| 2026 | 160 | 160 |
| 2027 | 143 | 144 |
| 2028 | 126 | 127 |
| 2029 | 109 | 111 |
| 2030 | 91 | 95 |
| 2031 | 74 | 80 |
| 2032 | 57 | 64 |
| 2033 | 39 | 48 |
| 2034 | 21 | 32 |
| 2035 | 3 | 17 |
| 2036 | -16 | 0 |
| 2037 | -35 | -16 |
| 2038 | -54 | -32 |
| 2039 | -74 | -49 |
| 2040 | -95 | -66 |
| 2041 | -116 | -83 |
| 2042 | -137 | -100 |
| 2043 | -158 | -117 |
| 2044 | -180 | -134 |
| 2045 | -202 | -152 |
| 2046 | -224 | -169 |
| 2047 | -246 | -186 |
| 2048 | -268 | -203 |
| 2049 | -291 | -220 |
| 2050 | -313 | -238 |
| 2051 | -336 | -255 |
| 2052 | -359 | -272 |
| 2053 | -383 | -289 |
| 2054 | -406 | -307 |
| 2055 | -430 | -324 |
| 2056 | -453 | -341 |
| 2057 | -477 | -359 |
| 2058 | -501 | -376 |
| 2059 | -525 | -394 |
| 2060 | -550 | -412 |
| 2061 | -575 | -430 |
| 2062 | -601 | -449 |
| 2063 | -627 | -468 |
| 2064 | -654 | -487 |
| 2065 | -681 | -507 |
| 2066 | -708 | -527 |
| 2067 | -736 | -548 |
| 2068 | -764 | -569 |
| 2069 | -792 | -590 |
| 2070 | -821 | -611 |
| 2071 | -850 | -633 |
| 2072 | -880 | -655 |
| 2073 | -910 | -677 |
| 2074 | -940 | -700 |
| 2075 | -971 | -724 |
| 2076 | -1003 | -748 |
| 2077 | -1036 | -772 |
| 2078 | -1069 | -798 |
| 2079 | -1104 | -824 |
| 2080 | -1139 | -851 |
| 2081 | -1175 | -878 |
| 2082 | -1212 | -905 |
| 2083 | -1249 | -933 |
| 2084 | -1286 | -962 |
| 2085 | -1324 | -990 |
| 2086 | -1363 | -1019 |
| 2087 | -1402 | -1048 |
| 2088 | -1442 | -1078 |
| 2089 | -1481 | -1107 |
| 2090 | -1520 | -1135 |
| 2091 | -1558 | -1164 |
| 2092 | -1595 | -1191 |
| 2093 | -1632 | -1218 |
| 2094 | -1668 | -1244 |
| 2095 | -1703 | -1270 |
| 2096 | -1738 | -1296 |
| 2097 | -1773 | -1321 |
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