Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2015 until taxable earnings equal 90 percent of covered earnings. Do not provide benefit credit for additional earnings taxed.

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

Year Present Law Provision
2012340340
2013329329
2014315315
2015302302
2016290290
2017277278
2018265267
2019253256
2020240244
2021227232
2022212219
2023197206
2024181192
2025164177
2026147162
2027129147
2028110131
202990114
20307096
20314979
20322760
2033542
2034-1823
2035-413
2036-65-16
2037-89-36
2038-114-55
2039-138-75
2040-163-95
2041-189-115
2042-215-135
2043-240-155
2044-266-175
2045-292-194
2046-319-214
2047-346-234
2048-373-254
2049-400-274
2050-428-295
2051-456-315
2052-484-335
2053-512-355
2054-540-375
2055-569-396
2056-598-417
2057-628-438
2058-657-459
2059-688-481
2060-719-503
2061-750-526
2062-782-548
2063-814-571
2064-847-595
2065-880-618
2066-913-642
2067-946-666
2068-980-690
2069-1014-715
2070-1049-739
2071-1084-765
2072-1120-790
2073-1156-817
2074-1193-843
2075-1230-870
2076-1268-898
2077-1307-926
2078-1346-954
2079-1385-982
2080-1425-1011
2081-1465-1040
2082-1505-1070
2083-1547-1100
2084-1588-1130
2085-1631-1161
2086-1673-1193
2087-1717-1225
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