Proposed Provision: Apply 3 percent payroll tax rate on earnings over $300,000 in 2018, with the $300,000 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 |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 350 |
| 2013 | 346 | 346 |
| 2014 | 341 | 341 |
| 2015 | 335 | 335 |
| 2016 | 330 | 330 |
| 2017 | 324 | 324 |
| 2018 | 317 | 317 |
| 2019 | 309 | 311 |
| 2020 | 299 | 304 |
| 2021 | 289 | 295 |
| 2022 | 277 | 285 |
| 2023 | 264 | 275 |
| 2024 | 251 | 263 |
| 2025 | 237 | 251 |
| 2026 | 221 | 237 |
| 2027 | 205 | 223 |
| 2028 | 189 | 208 |
| 2029 | 171 | 193 |
| 2030 | 154 | 177 |
| 2031 | 136 | 161 |
| 2032 | 117 | 144 |
| 2033 | 98 | 127 |
| 2034 | 79 | 110 |
| 2035 | 59 | 92 |
| 2036 | 39 | 75 |
| 2037 | 19 | 57 |
| 2038 | -1 | 39 |
| 2039 | -21 | 20 |
| 2040 | -42 | 2 |
| 2041 | -63 | -16 |
| 2042 | -84 | -35 |
| 2043 | -105 | -54 |
| 2044 | -126 | -72 |
| 2045 | -147 | -91 |
| 2046 | -168 | -110 |
| 2047 | -189 | -129 |
| 2048 | -211 | -148 |
| 2049 | -233 | -167 |
| 2050 | -255 | -186 |
| 2051 | -277 | -206 |
| 2052 | -299 | -225 |
| 2053 | -321 | -245 |
| 2054 | -344 | -265 |
| 2055 | -366 | -285 |
| 2056 | -389 | -306 |
| 2057 | -412 | -327 |
| 2058 | -436 | -348 |
| 2059 | -460 | -369 |
| 2060 | -485 | -391 |
| 2061 | -509 | -413 |
| 2062 | -534 | -436 |
| 2063 | -560 | -459 |
| 2064 | -586 | -482 |
| 2065 | -612 | -506 |
| 2066 | -638 | -530 |
| 2067 | -665 | -554 |
| 2068 | -692 | -578 |
| 2069 | -720 | -603 |
| 2070 | -748 | -629 |
| 2071 | -776 | -654 |
| 2072 | -805 | -681 |
| 2073 | -834 | -707 |
| 2074 | -864 | -734 |
| 2075 | -894 | -762 |
| 2076 | -925 | -790 |
| 2077 | -957 | -819 |
| 2078 | -989 | -848 |
| 2079 | -1021 | -878 |
| 2080 | -1054 | -908 |
| 2081 | -1087 | -938 |
| 2082 | -1121 | -970 |
| 2083 | -1156 | -1001 |
| 2084 | -1191 | -1034 |
| 2085 | -1227 | -1066 |
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