Proposed Provision: Increase contribution and benefit base (taxable maximum) by an additional 2 percent per year beginning in 2012 until taxable earnings are equal to 90 percent of covered earnings. Additional taxable earnings would be credited for the purpose of computing benefits.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2010 | 355 | 355 |
2011 | 353 | 353 |
2012 | 350 | 350 |
2013 | 346 | 346 |
2014 | 341 | 341 |
2015 | 335 | 337 |
2016 | 330 | 333 |
2017 | 324 | 328 |
2018 | 317 | 323 |
2019 | 309 | 316 |
2020 | 299 | 309 |
2021 | 289 | 300 |
2022 | 277 | 291 |
2023 | 264 | 281 |
2024 | 251 | 270 |
2025 | 237 | 258 |
2026 | 221 | 246 |
2027 | 205 | 233 |
2028 | 189 | 219 |
2029 | 171 | 206 |
2030 | 154 | 192 |
2031 | 136 | 177 |
2032 | 117 | 163 |
2033 | 98 | 148 |
2034 | 79 | 133 |
2035 | 59 | 118 |
2036 | 39 | 103 |
2037 | 19 | 88 |
2038 | -1 | 73 |
2039 | -21 | 58 |
2040 | -42 | 43 |
2041 | -63 | 28 |
2042 | -84 | 13 |
2043 | -105 | -1 |
2044 | -126 | -16 |
2045 | -147 | -30 |
2046 | -168 | -44 |
2047 | -189 | -59 |
2048 | -211 | -73 |
2049 | -233 | -87 |
2050 | -255 | -102 |
2051 | -277 | -116 |
2052 | -299 | -130 |
2053 | -321 | -145 |
2054 | -344 | -160 |
2055 | -366 | -175 |
2056 | -389 | -190 |
2057 | -412 | -206 |
2058 | -436 | -222 |
2059 | -460 | -238 |
2060 | -485 | -254 |
2061 | -509 | -271 |
2062 | -534 | -288 |
2063 | -560 | -306 |
2064 | -586 | -324 |
2065 | -612 | -342 |
2066 | -638 | -360 |
2067 | -665 | -379 |
2068 | -692 | -398 |
2069 | -720 | -418 |
2070 | -748 | -438 |
2071 | -776 | -458 |
2072 | -805 | -478 |
2073 | -834 | -499 |
2074 | -864 | -521 |
2075 | -894 | -543 |
2076 | -925 | -565 |
2077 | -957 | -588 |
2078 | -989 | -612 |
2079 | -1021 | -636 |
2080 | -1054 | -660 |
2081 | -1087 | -685 |
2082 | -1121 | -710 |
2083 | -1156 | -736 |
2084 | -1191 | -762 |
2085 | -1227 | -789 |
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