Detailed Single Year Tables

Payroll Taxes (including maximum taxable)	Description of Proposed Provision: Increase the taxable maximum from $106,800 to $115,200 (in 2009 AWI-indexed dollars), phased in 2012-2014. Provide benefit credit for earnings up to the revised taxable maximum levels.

			Financial Estimates for the OASDI Trust Fund Program

	Proposal				Change from Present Law
	Expressed as a percentage of present-law taxable payroll			Trust fund ratio as of January 1	Expressed as a percentage of present-law taxable payroll
Calendar year	Cost rate	Income rate	Annual balance	Trust fund ratio as of January 1	Cost rate	Income rate	Annual balance
2011	13.35	12.52	-0.82	353	0.00	0.00	0.00
2012	13.23	12.91	-0.32	347	0.00	0.05	0.05
2013	13.18	12.96	-0.21	341	0.00	0.10	0.10
2014	13.18	13.06	-0.12	335	0.00	0.15	0.15
2015	13.24	13.09	-0.16	330	0.00	0.15	0.15
2016	13.33	13.11	-0.21	324	0.00	0.14	0.14
2017	13.46	13.15	-0.31	318	0.00	0.15	0.15
2018	13.62	13.17	-0.44	311	0.00	0.15	0.14
2019	13.88	13.19	-0.69	302	0.00	0.15	0.15
2020	14.20	13.21	-0.98	291	0.00	0.15	0.15
2021	14.52	13.24	-1.29	280	0.00	0.16	0.15
2022	14.83	13.25	-1.58	267	0.00	0.15	0.15
2023	15.13	13.27	-1.86	254	0.01	0.16	0.15
2024	15.41	13.29	-2.12	240	0.01	0.16	0.15
2025	15.68	13.31	-2.38	226	0.01	0.16	0.15
2026	15.93	13.32	-2.61	211	0.01	0.16	0.15
2027	16.16	13.33	-2.83	195	0.01	0.16	0.14
2028	16.36	13.35	-3.01	178	0.01	0.16	0.15
2029	16.53	13.36	-3.17	160	0.01	0.16	0.14
2030	16.67	13.37	-3.30	142	0.02	0.16	0.14
2031	16.78	13.38	-3.40	124	0.02	0.16	0.14
2032	16.87	13.38	-3.49	105	0.02	0.16	0.14
2033	16.95	13.39	-3.56	85	0.02	0.16	0.14
2034	17.00	13.40	-3.61	66	0.02	0.16	0.13
2035	17.04	13.40	-3.64	45	0.02	0.16	0.14
2036	17.06	13.40	-3.66	25	0.03	0.16	0.13
2037	17.07	13.41	-3.66	4	0.03	0.16	0.13
2038	17.05	13.41	-3.64	----	0.03	0.16	0.13
2039	17.02	13.41	-3.61	----	0.03	0.16	0.13
2040	16.99	13.41	-3.58	----	0.03	0.16	0.13
2041	16.95	13.41	-3.54	----	0.03	0.16	0.13
2042	16.91	13.41	-3.50	----	0.04	0.16	0.12
2043	16.88	13.41	-3.47	----	0.04	0.16	0.12
2044	16.85	13.41	-3.45	----	0.04	0.16	0.12
2045	16.83	13.41	-3.42	----	0.04	0.16	0.12
2046	16.80	13.41	-3.40	----	0.04	0.16	0.12
2047	16.78	13.41	-3.38	----	0.05	0.16	0.12
2048	16.77	13.41	-3.36	----	0.05	0.16	0.12
2049	16.75	13.41	-3.34	----	0.05	0.16	0.11
2050	16.74	13.41	-3.33	----	0.05	0.16	0.11
2051	16.73	13.41	-3.32	----	0.05	0.16	0.11
2052	16.74	13.41	-3.33	----	0.05	0.16	0.11
2053	16.75	13.41	-3.33	----	0.06	0.16	0.11
2054	16.76	13.41	-3.35	----	0.06	0.16	0.11
2055	16.78	13.41	-3.37	----	0.06	0.16	0.10
2056	16.80	13.42	-3.39	----	0.06	0.16	0.10
2057	16.83	13.42	-3.41	----	0.06	0.16	0.10
2058	16.85	13.42	-3.42	----	0.06	0.16	0.10
2059	16.86	13.42	-3.44	----	0.07	0.16	0.10
2060	16.87	13.42	-3.45	----	0.07	0.16	0.10
2061	16.88	13.43	-3.46	----	0.07	0.17	0.10
2062	16.89	13.43	-3.47	----	0.07	0.17	0.10
2063	16.91	13.43	-3.48	----	0.07	0.17	0.10
2064	16.92	13.43	-3.49	----	0.07	0.17	0.09
2065	16.94	13.43	-3.51	----	0.07	0.17	0.09
2066	16.96	13.43	-3.53	----	0.07	0.17	0.09
2067	16.99	13.44	-3.55	----	0.07	0.17	0.09
2068	17.01	13.44	-3.58	----	0.07	0.17	0.09
2069	17.05	13.44	-3.61	----	0.08	0.17	0.09
2070	17.08	13.44	-3.64	----	0.08	0.17	0.09
2071	17.11	13.44	-3.67	----	0.08	0.17	0.09
2072	17.14	13.45	-3.70	----	0.08	0.17	0.09
2073	17.18	13.45	-3.73	----	0.08	0.17	0.09
2074	17.22	13.45	-3.77	----	0.08	0.17	0.09
2075	17.26	13.45	-3.80	----	0.08	0.17	0.09
2076	17.29	13.46	-3.84	----	0.08	0.17	0.09
2077	17.33	13.46	-3.87	----	0.08	0.17	0.09
2078	17.37	13.46	-3.90	----	0.08	0.17	0.09
2079	17.40	13.46	-3.94	----	0.08	0.17	0.09
2080	17.44	13.47	-3.98	----	0.08	0.17	0.09
2081	17.48	13.47	-4.01	----	0.08	0.17	0.09
2082	17.52	13.47	-4.05	----	0.08	0.17	0.09
2083	17.56	13.47	-4.08	----	0.08	0.17	0.09
2084	17.60	13.48	-4.12	----	0.08	0.17	0.09
2085	17.64	13.48	-4.16	----	0.08	0.17	0.09
2086	17.67	13.48	-4.19	----	0.08	0.17	0.09

				Summarized Estimates

	Proposal				Change from Present Law
Years	Cost rate	Income rate	Actuarial balance	Year of exhaustion¹	Cost rate	Income rate	Actuarial balance

Based on Intermediate Assumptions of the 2011 Trustees Report.
2011-2085	16.29%	14.18%	-2.11%	2037	0.04%	0.15%	0.12%

¹ Under present law, the year of exhaustion is 2036.


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Detailed Single Year Tables

Description of Proposed Provision: Increase the taxable maximum from $106,800 to $115,200 (in 2009 AWI-indexed dollars), phased in 2012-2014. Provide benefit credit for earnings up to the revised taxable maximum levels.

Financial Estimates for the OASDI Trust Fund Program

Summarized Estimates

Description of Proposed Provision:
Increase the taxable maximum from $106,800 to $115,200 (in 2009 AWI-indexed dollars), phased in 2012-2014. Provide benefit credit for earnings up to the revised taxable maximum levels.