Proposed Provision: Impose a 3 percent payroll tax on OASDI covered earnings above the current taxable maximum starting in 2009. Benefit computations would not reflect any earnings above the taxable maximum amount.

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

Year Present Law Provision
2008359359
2009369369
2010378383
2011386396
2012392406
2013394413
2014395418
2015393421
2016390421
2017385420
2018378418
2019371414
2020361408
2021351402
2022341395
2023329387
2024316378
2025302368
2026287357
2027272345
2028256333
2029239319
2030221306
2031203292
2032185277
2033166263
2034147248
2035127233
2036108218
203788203
203867188
203947173
204026158
20416143
2042-15128
2043-36112
2044-5797
2045-7882
2046-10066
2047-12151
2048-14335
2049-16519
2050-1873
2051-209-13
2052-232-29
2053-254-46
2054-277-62
2055-300-79
2056-324-96
2057-347-114
2058-372-132
2059-396-150
2060-421-168
2061-447-187
2062-472-206
2063-498-226
2064-525-246
2065-552-266
2066-579-286
2067-607-307
2068-635-328
2069-664-350
2070-693-372
2071-722-394
2072-752-417
2073-782-440
2074-813-463
2075-845-487
2076-876-512
2077-909-536
2078-942-562
2079-975-587
2080-1009-614
2081-1044-640
2082-1079-667
2083-1114-695
2084-1151-723
2085-1188-752
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