Proposed Provision: Starting in 2012, exempt individuals with more than 180 quarters of coverage from the OASDI payroll tax.

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

Year Present Law Provision
2011353353
2012347347
2013341339
2014334331
2015328323
2016321315
2017314307
2018306297
2019296286
2020284274
2021272260
2022259246
2023245230
2024230214
2025214198
2026198181
2027181162
2028164143
2029145124
2030127103
203110783
20328761
20336739
20344617
203525-5
20364-28
2037-18-52
2038-40-76
2039-62-100
2040-85-124
2041-108-148
2042-130-173
2043-153-198
2044-176-223
2045-200-248
2046-223-274
2047-247-300
2048-271-326
2049-295-352
2050-319-379
2051-343-405
2052-368-432
2053-393-459
2054-418-487
2055-443-514
2056-468-542
2057-494-571
2058-521-599
2059-548-629
2060-575-659
2061-602-689
2062-630-720
2063-659-751
2064-687-782
2065-716-814
2066-746-846
2067-775-879
2068-805-912
2069-835-945
2070-866-978
2071-897-1012
2072-928-1047
2073-960-1082
2074-992-1117
2075-1025-1153
2076-1058-1190
2077-1092-1227
2078-1126-1264
2079-1161-1303
2080-1196-1341
2081-1232-1381
2082-1268-1420
2083-1305-1461
2084-1342-1502
2085-1380-1543
2086-1419-1586
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