Proposed Provision: Beginning in 2011, raise the taxable maximum each year by an additional 2 percent over the current-law, wage-indexed amount until total earnings subject to payroll taxes equals 90 percent of all covered earnings. Credit the earnings for benefit purposes.

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

Year Present Law Provision
2010355355
2011353353
2012350351
2013346346
2014341342
2015335338
2016330334
2017324329
2018317324
2019309318
2020299311
2021289303
2022277294
2023264284
2024251273
2025237261
2026221249
2027205236
2028189223
2029171209
2030154195
2031136181
2032117167
203398152
203479137
203559122
203639107
20371993
2038-178
2039-2163
2040-4248
2041-6333
2042-8419
2043-1055
2044-126-10
2045-147-24
2046-168-38
2047-189-52
2048-211-66
2049-233-80
2050-255-95
2051-277-109
2052-299-123
2053-321-138
2054-344-153
2055-366-168
2056-389-183
2057-412-199
2058-436-214
2059-460-231
2060-485-247
2061-509-264
2062-534-281
2063-560-299
2064-586-316
2065-612-334
2066-638-353
2067-665-372
2068-692-391
2069-720-410
2070-748-430
2071-776-450
2072-805-471
2073-834-492
2074-864-513
2075-894-535
2076-925-558
2077-957-580
2078-989-604
2079-1021-628
2080-1054-652
2081-1087-677
2082-1121-702
2083-1156-727
2084-1191-754
2085-1227-780
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