Proposed Provision: Raise the taxable maximum amount (the contribution and benefit base) to include 90 percent of total OASDI covered earnings. Phase in this increase gradually between 2010 and 2015. Benefit computations would reflect all earnings up to the new taxable maximum.

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

Year Present Law Provision
2008359359
2009369369
2010378378
2011386388
2012392396
2013394402
2014395408
2015393413
2016390417
2017385419
2018378420
2019371419
2020361416
2021351413
2022341408
2023329402
2024316396
2025302388
2026287380
2027272370
2028256360
2029239349
2030221338
2031203326
2032185314
2033166301
2034147289
2035127276
2036108264
203788251
203867238
203947226
204026213
20416200
2042-15187
2043-36175
2044-57162
2045-78149
2046-100136
2047-121123
2048-143109
2049-16596
2050-18783
2051-20969
2052-23255
2053-25441
2054-27726
2055-30011
2056-324-4
2057-347-19
2058-372-35
2059-396-51
2060-421-67
2061-447-84
2062-472-101
2063-498-118
2064-525-135
2065-552-153
2066-579-172
2067-607-190
2068-635-209
2069-664-229
2070-693-248
2071-722-268
2072-752-289
2073-782-310
2074-813-331
2075-845-353
2076-876-375
2077-909-397
2078-942-420
2079-975-443
2080-1009-467
2081-1044-492
2082-1079-516
2083-1114-542
2084-1151-567
2085-1188-594
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