Proposed Provision: Apply 3 percent payroll tax rate on earnings over $200,000 in 2018, with the $200,000 threshold wage-indexed after 2018. Give no benefit credit for additional earnings in AIME for benefit computation.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346346
2014341341
2015335335
2016330330
2017324324
2018317317
2019309312
2020299305
2021289297
2022277288
2023264278
2024251268
2025237256
2026221243
2027205230
2028189216
2029171201
2030154186
2031136171
2032117155
203398139
203479122
203559106
20363989
20371972
2038-155
2039-2138
2040-4220
2041-633
2042-84-14
2043-105-32
2044-126-49
2045-147-66
2046-168-84
2047-189-102
2048-211-119
2049-233-137
2050-255-155
2051-277-173
2052-299-192
2053-321-210
2054-344-228
2055-366-247
2056-389-266
2057-412-285
2058-436-305
2059-460-325
2060-485-345
2061-509-366
2062-534-386
2063-560-408
2064-586-429
2065-612-451
2066-638-473
2067-665-495
2068-692-518
2069-720-541
2070-748-565
2071-776-589
2072-805-613
2073-834-638
2074-864-663
2075-894-688
2076-925-715
2077-957-741
2078-989-768
2079-1021-796
2080-1054-824
2081-1087-852
2082-1121-881
2083-1156-911
2084-1191-941
2085-1227-971
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