Proposed Provision: Provide for OASDI payroll tax coverage of employer provided group health insurance cost, starting in 2012. Specifically, any cost toward such group health insurance borne by employees would cease to be deductible, and the cost borne by employers would now be allocated to employees as if it had been wages, for the purpose of payroll tax (and later, benefit) calculations. Both employee and employer OASDI payroll taxes would be affected by this proposal.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346353
2014341355
2015335357
2016330359
2017324361
2018317362
2019309362
2020299361
2021289359
2022277356
2023264352
2024251346
2025237340
2026221333
2027205326
2028189317
2029171308
2030154299
2031136289
2032117279
203398269
203479258
203559247
203639236
203719225
2038-1213
2039-21202
2040-42191
2041-63180
2042-84168
2043-105157
2044-126146
2045-147134
2046-168123
2047-189111
2048-21199
2049-23388
2050-25576
2051-27763
2052-29951
2053-32139
2054-34426
2055-36613
2056-3890
2057-412-14
2058-436-28
2059-460-42
2060-485-56
2061-509-70
2062-534-85
2063-560-100
2064-586-116
2065-612-131
2066-638-147
2067-665-163
2068-692-180
2069-720-196
2070-748-213
2071-776-231
2072-805-248
2073-834-266
2074-864-284
2075-894-303
2076-925-322
2077-957-341
2078-989-360
2079-1021-380
2080-1054-400
2081-1087-421
2082-1121-441
2083-1156-463
2084-1191-484
2085-1227-506
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