Proposed Provision: E3.2. Increase the taxable maximum such that 90 percent of earnings would be subject to the payroll tax (phased in 2025-2034). Do not provide benefit credit for additional earnings taxed.

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

Year Current Law Provision
2024188188
2025171171
2026152153
2027134137
2028117123
2029101109
20308497
20316886
20325375
20333765
20342256
2035748
2036-939
2037-2629
2038-4319
2039-608
2040-78-3
2041-96-14
2042-115-25
2043-135-37
2044-154-49
2045-174-62
2046-194-75
2047-215-87
2048-235-100
2049-256-114
2050-277-127
2051-299-141
2052-320-155
2053-342-169
2054-364-184
2055-386-198
2056-409-214
2057-431-229
2058-455-245
2059-478-261
2060-502-278
2061-527-295
2062-553-313
2063-579-331
2064-605-350
2065-632-369
2066-660-389
2067-688-409
2068-716-429
2069-745-450
2070-774-471
2071-803-493
2072-834-515
2073-864-537
2074-895-560
2075-927-584
2076-960-608
2077-993-632
2078-1027-657
2079-1062-683
2080-1098-710
2081-1134-736
2082-1172-764
2083-1209-791
2084-1248-819
2085-1287-848
2086-1327-877
2087-1368-906
2088-1409-936
2089-1450-966
2090-1491-995
2091-1532-1025
2092-1573-1053
2093-1612-1082
2094-1651-1109
2095-1689-1137
2096-1727-1164
2097-1764-1191
2098-1801-1217
2099-1838-1244
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