Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2013, 12.9 percent in 2021, 13.3 in percent in 2031, 13.8 percent in 2041, 14.4 percent in 2061, and 14.5 percent in 2076.
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 | 342 |
| 2015 | 335 | 338 |
| 2016 | 330 | 334 |
| 2017 | 324 | 329 |
| 2018 | 317 | 324 |
| 2019 | 309 | 317 |
| 2020 | 299 | 309 |
| 2021 | 289 | 299 |
| 2022 | 277 | 291 |
| 2023 | 264 | 281 |
| 2024 | 251 | 270 |
| 2025 | 237 | 259 |
| 2026 | 221 | 247 |
| 2027 | 205 | 234 |
| 2028 | 189 | 220 |
| 2029 | 171 | 206 |
| 2030 | 154 | 191 |
| 2031 | 136 | 176 |
| 2032 | 117 | 163 |
| 2033 | 98 | 149 |
| 2034 | 79 | 136 |
| 2035 | 59 | 122 |
| 2036 | 39 | 108 |
| 2037 | 19 | 93 |
| 2038 | -1 | 79 |
| 2039 | -21 | 65 |
| 2040 | -42 | 50 |
| 2041 | -63 | 36 |
| 2042 | -84 | 25 |
| 2043 | -105 | 13 |
| 2044 | -126 | 2 |
| 2045 | -147 | -9 |
| 2046 | -168 | -21 |
| 2047 | -189 | -32 |
| 2048 | -211 | -43 |
| 2049 | -233 | -55 |
| 2050 | -255 | -66 |
| 2051 | -277 | -77 |
| 2052 | -299 | -89 |
| 2053 | -321 | -100 |
| 2054 | -344 | -112 |
| 2055 | -366 | -124 |
| 2056 | -389 | -136 |
| 2057 | -412 | -148 |
| 2058 | -436 | -161 |
| 2059 | -460 | -173 |
| 2060 | -485 | -186 |
| 2061 | -509 | -200 |
| 2062 | -534 | -210 |
| 2063 | -560 | -220 |
| 2064 | -586 | -231 |
| 2065 | -612 | -241 |
| 2066 | -638 | -252 |
| 2067 | -665 | -264 |
| 2068 | -692 | -275 |
| 2069 | -720 | -287 |
| 2070 | -748 | -299 |
| 2071 | -776 | -311 |
| 2072 | -805 | -324 |
| 2073 | -834 | -337 |
| 2074 | -864 | -350 |
| 2075 | -894 | -364 |
| 2076 | -925 | -378 |
| 2077 | -957 | -392 |
| 2078 | -989 | -406 |
| 2079 | -1021 | -421 |
| 2080 | -1054 | -436 |
| 2081 | -1087 | -451 |
| 2082 | -1121 | -467 |
| 2083 | -1156 | -483 |
| 2084 | -1191 | -499 |
| 2085 | -1227 | -516 |
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