Proposed Provision: Raise the taxable maximum amount (the contribution and benefit base) to include 90 percent of total OASDI covered earnings. Phase in this increase gradually between 2012 and 2017. Benefit computations would reflect all earnings up to the new taxable maximum.
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 | 341 |
| 2016 | 330 | 340 |
| 2017 | 324 | 340 |
| 2018 | 317 | 340 |
| 2019 | 309 | 339 |
| 2020 | 299 | 336 |
| 2021 | 289 | 332 |
| 2022 | 277 | 327 |
| 2023 | 264 | 321 |
| 2024 | 251 | 313 |
| 2025 | 237 | 305 |
| 2026 | 221 | 296 |
| 2027 | 205 | 286 |
| 2028 | 189 | 275 |
| 2029 | 171 | 264 |
| 2030 | 154 | 253 |
| 2031 | 136 | 241 |
| 2032 | 117 | 228 |
| 2033 | 98 | 216 |
| 2034 | 79 | 203 |
| 2035 | 59 | 190 |
| 2036 | 39 | 177 |
| 2037 | 19 | 164 |
| 2038 | -1 | 151 |
| 2039 | -21 | 138 |
| 2040 | -42 | 125 |
| 2041 | -63 | 112 |
| 2042 | -84 | 99 |
| 2043 | -105 | 86 |
| 2044 | -126 | 73 |
| 2045 | -147 | 60 |
| 2046 | -168 | 47 |
| 2047 | -189 | 34 |
| 2048 | -211 | 20 |
| 2049 | -233 | 7 |
| 2050 | -255 | -7 |
| 2051 | -277 | -21 |
| 2052 | -299 | -34 |
| 2053 | -321 | -49 |
| 2054 | -344 | -63 |
| 2055 | -366 | -77 |
| 2056 | -389 | -92 |
| 2057 | -412 | -107 |
| 2058 | -436 | -123 |
| 2059 | -460 | -138 |
| 2060 | -485 | -154 |
| 2061 | -509 | -171 |
| 2062 | -534 | -187 |
| 2063 | -560 | -204 |
| 2064 | -586 | -222 |
| 2065 | -612 | -239 |
| 2066 | -638 | -257 |
| 2067 | -665 | -275 |
| 2068 | -692 | -294 |
| 2069 | -720 | -313 |
| 2070 | -748 | -332 |
| 2071 | -776 | -352 |
| 2072 | -805 | -372 |
| 2073 | -834 | -392 |
| 2074 | -864 | -413 |
| 2075 | -894 | -434 |
| 2076 | -925 | -456 |
| 2077 | -957 | -478 |
| 2078 | -989 | -501 |
| 2079 | -1021 | -524 |
| 2080 | -1054 | -548 |
| 2081 | -1087 | -571 |
| 2082 | -1121 | -596 |
| 2083 | -1156 | -621 |
| 2084 | -1191 | -646 |
| 2085 | -1227 | -672 |
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