Proposed Provision: Tax Social Security benefits in a manner similar to private pension income beginning in 2011. Phase out the lower-income thresholds during 2011-2020.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 351 |
| 2013 | 346 | 348 |
| 2014 | 341 | 344 |
| 2015 | 335 | 341 |
| 2016 | 330 | 338 |
| 2017 | 324 | 335 |
| 2018 | 317 | 330 |
| 2019 | 309 | 325 |
| 2020 | 299 | 319 |
| 2021 | 289 | 311 |
| 2022 | 277 | 302 |
| 2023 | 264 | 293 |
| 2024 | 251 | 282 |
| 2025 | 237 | 270 |
| 2026 | 221 | 258 |
| 2027 | 205 | 244 |
| 2028 | 189 | 230 |
| 2029 | 171 | 215 |
| 2030 | 154 | 200 |
| 2031 | 136 | 185 |
| 2032 | 117 | 169 |
| 2033 | 98 | 152 |
| 2034 | 79 | 136 |
| 2035 | 59 | 119 |
| 2036 | 39 | 102 |
| 2037 | 19 | 84 |
| 2038 | -1 | 66 |
| 2039 | -21 | 49 |
| 2040 | -42 | 31 |
| 2041 | -63 | 13 |
| 2042 | -84 | -5 |
| 2043 | -105 | -23 |
| 2044 | -126 | -42 |
| 2045 | -147 | -60 |
| 2046 | -168 | -79 |
| 2047 | -189 | -97 |
| 2048 | -211 | -116 |
| 2049 | -233 | -135 |
| 2050 | -255 | -154 |
| 2051 | -277 | -174 |
| 2052 | -299 | -193 |
| 2053 | -321 | -213 |
| 2054 | -344 | -233 |
| 2055 | -366 | -253 |
| 2056 | -389 | -273 |
| 2057 | -412 | -294 |
| 2058 | -436 | -315 |
| 2059 | -460 | -336 |
| 2060 | -485 | -358 |
| 2061 | -509 | -380 |
| 2062 | -534 | -403 |
| 2063 | -560 | -426 |
| 2064 | -586 | -449 |
| 2065 | -612 | -472 |
| 2066 | -638 | -496 |
| 2067 | -665 | -520 |
| 2068 | -692 | -545 |
| 2069 | -720 | -570 |
| 2070 | -748 | -595 |
| 2071 | -776 | -621 |
| 2072 | -805 | -647 |
| 2073 | -834 | -673 |
| 2074 | -864 | -700 |
| 2075 | -894 | -728 |
| 2076 | -925 | -756 |
| 2077 | -957 | -785 |
| 2078 | -989 | -814 |
| 2079 | -1021 | -843 |
| 2080 | -1054 | -873 |
| 2081 | -1087 | -904 |
| 2082 | -1121 | -935 |
| 2083 | -1156 | -966 |
| 2084 | -1191 | -999 |
| 2085 | -1227 | -1031 |
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