Proposed Provision: Determine the level of the contribution and benefit base such that 90 percent of the earnings would be subject to the payroll tax (phased in 2009-2018). All earnings subject to the payroll tax would be used in determining benefits.

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

Year Present Law Provision
2008359359
2009369369
2010378379
2011386389
2012392397
2013394402
2014395407
2015393410
2016390412
2017385412
2018378412
2019371411
2020361409
2021351406
2022341401
2023329396
2024316389
2025302381
2026287373
2027272364
2028256353
2029239342
2030221331
2031203319
2032185307
2033166295
2034147282
2035127270
2036108257
203788244
203867232
203947219
204026206
20416193
2042-15181
2043-36168
2044-57155
2045-78142
2046-100129
2047-121116
2048-143102
2049-16589
2050-18775
2051-20962
2052-23248
2053-25433
2054-27719
2055-3004
2056-324-11
2057-347-26
2058-372-42
2059-396-58
2060-421-74
2061-447-91
2062-472-108
2063-498-125
2064-525-143
2065-552-161
2066-579-179
2067-607-198
2068-635-217
2069-664-237
2070-693-256
2071-722-276
2072-752-297
2073-782-318
2074-813-339
2075-845-361
2076-876-383
2077-909-406
2078-942-429
2079-975-452
2080-1009-476
2081-1044-501
2082-1079-525
2083-1114-551
2084-1151-577
2085-1188-603
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