Proposed Provision: Apply 2 percent payroll tax rate on earnings over $200,000 in 2018, with the $200,000 threshold wage-indexed after 2018. Give proportional 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
2019309311
2020299303
2021289294
2022277285
2023264274
2024251262
2025237249
2026221236
2027205221
2028189206
2029171191
2030154175
2031136158
2032117142
203398124
203479107
20355989
20363971
20371953
2038-135
2039-2116
2040-42-2
2041-63-21
2042-84-40
2043-105-59
2044-126-77
2045-147-96
2046-168-115
2047-189-135
2048-211-154
2049-233-173
2050-255-193
2051-277-213
2052-299-233
2053-321-253
2054-344-273
2055-366-293
2056-389-314
2057-412-335
2058-436-357
2059-460-378
2060-485-400
2061-509-423
2062-534-446
2063-560-469
2064-586-492
2065-612-516
2066-638-540
2067-665-565
2068-692-590
2069-720-615
2070-748-640
2071-776-666
2072-805-693
2073-834-720
2074-864-747
2075-894-775
2076-925-804
2077-957-832
2078-989-862
2079-1021-892
2080-1054-922
2081-1087-953
2082-1121-985
2083-1156-1017
2084-1191-1049
2085-1227-1082
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