Skip to content
Social Security Online 		Actuarial Publications
www.socialsecurity.gov Home   FAQs   Contact Us   Search
 
Solvency provisions SSA logo: link to Social Security Online home

Summary Measures and Graphs
Payroll Taxes (including maximum taxable)

Description of Proposed Provision:
Apply 2 percent payroll tax rate on earnings over $400,000 in 2017, with the $400,000 threshold wage-indexed after 2017. Give proportional benefit credit for additional earnings in AIME for benefit computation.

Estimates based on the intermediate assumptions of the 2009 Trustees Report

Summary Measures
[As a percentage of taxable payroll]
Present Law Change from present law Results with this provision
Long-range
actuarial
balance		 Annual
balance in
75th year		 Long-range
actuarial
balance		 Annual
balance in
75th year		 Long-range
actuarial
balance		 Annual
balance in
75th year
-2.00 -4.34 0.12 0.10 -1.89 -4.24


graph of OASDI cost rates and income rates by year, under present law and provision. click on graph to view underlying data. graph of OASDI trust fund ratio by year, under present law and provision. click on graph to view underlying data.
 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified May 14, 2010