Proposed Provision: In 2011 through 2013, raise the OASDI contribution and benefit base from $106,800 to $115,200 (in 2009 AWI indexed dollars). For years after 2013, the contribution and benefit base would be increased based on changes in SSA's average wage index. Additional earnings subject to the OASDI payroll tax would be credited for benefit calculation purposes.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2010 | 355 | 355 |
2011 | 353 | 353 |
2012 | 350 | 351 |
2013 | 346 | 347 |
2014 | 341 | 343 |
2015 | 335 | 339 |
2016 | 330 | 334 |
2017 | 324 | 329 |
2018 | 317 | 323 |
2019 | 309 | 316 |
2020 | 299 | 308 |
2021 | 289 | 298 |
2022 | 277 | 287 |
2023 | 264 | 275 |
2024 | 251 | 263 |
2025 | 237 | 249 |
2026 | 221 | 235 |
2027 | 205 | 220 |
2028 | 189 | 204 |
2029 | 171 | 188 |
2030 | 154 | 171 |
2031 | 136 | 154 |
2032 | 117 | 136 |
2033 | 98 | 118 |
2034 | 79 | 100 |
2035 | 59 | 81 |
2036 | 39 | 62 |
2037 | 19 | 43 |
2038 | -1 | 24 |
2039 | -21 | 5 |
2040 | -42 | -15 |
2041 | -63 | -34 |
2042 | -84 | -54 |
2043 | -105 | -74 |
2044 | -126 | -93 |
2045 | -147 | -113 |
2046 | -168 | -133 |
2047 | -189 | -153 |
2048 | -211 | -174 |
2049 | -233 | -194 |
2050 | -255 | -215 |
2051 | -277 | -236 |
2052 | -299 | -257 |
2053 | -321 | -278 |
2054 | -344 | -299 |
2055 | -366 | -320 |
2056 | -389 | -342 |
2057 | -412 | -364 |
2058 | -436 | -386 |
2059 | -460 | -409 |
2060 | -485 | -432 |
2061 | -509 | -456 |
2062 | -534 | -480 |
2063 | -560 | -504 |
2064 | -586 | -528 |
2065 | -612 | -553 |
2066 | -638 | -579 |
2067 | -665 | -604 |
2068 | -692 | -630 |
2069 | -720 | -656 |
2070 | -748 | -683 |
2071 | -776 | -710 |
2072 | -805 | -737 |
2073 | -834 | -765 |
2074 | -864 | -794 |
2075 | -894 | -823 |
2076 | -925 | -852 |
2077 | -957 | -882 |
2078 | -989 | -913 |
2079 | -1021 | -944 |
2080 | -1054 | -975 |
2081 | -1087 | -1007 |
2082 | -1121 | -1040 |
2083 | -1156 | -1073 |
2084 | -1191 | -1107 |
2085 | -1227 | -1141 |
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