Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2015, 12.9 percent in 2023, 13.1 in percent in 2033, 13.9 percent in 2043, 13.5 percent in 2053, and 13.3 percent in 2063 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2012 | 340 | 340 |
| 2013 | 329 | 329 |
| 2014 | 315 | 315 |
| 2015 | 302 | 302 |
| 2016 | 290 | 291 |
| 2017 | 277 | 280 |
| 2018 | 265 | 269 |
| 2019 | 253 | 258 |
| 2020 | 240 | 247 |
| 2021 | 227 | 234 |
| 2022 | 212 | 221 |
| 2023 | 197 | 207 |
| 2024 | 181 | 193 |
| 2025 | 164 | 180 |
| 2026 | 147 | 165 |
| 2027 | 129 | 150 |
| 2028 | 110 | 134 |
| 2029 | 90 | 117 |
| 2030 | 70 | 100 |
| 2031 | 49 | 81 |
| 2032 | 27 | 63 |
| 2033 | 5 | 43 |
| 2034 | -18 | 24 |
| 2035 | -41 | 5 |
| 2036 | -65 | -14 |
| 2037 | -89 | -34 |
| 2038 | -114 | -54 |
| 2039 | -138 | -74 |
| 2040 | -163 | -94 |
| 2041 | -189 | -115 |
| 2042 | -215 | -136 |
| 2043 | -240 | -156 |
| 2044 | -266 | -173 |
| 2045 | -292 | -190 |
| 2046 | -319 | -207 |
| 2047 | -346 | -224 |
| 2048 | -373 | -241 |
| 2049 | -400 | -258 |
| 2050 | -428 | -275 |
| 2051 | -456 | -293 |
| 2052 | -484 | -310 |
| 2053 | -512 | -328 |
| 2054 | -540 | -347 |
| 2055 | -569 | -367 |
| 2056 | -598 | -388 |
| 2057 | -628 | -409 |
| 2058 | -657 | -430 |
| 2059 | -688 | -451 |
| 2060 | -719 | -473 |
| 2061 | -750 | -495 |
| 2062 | -782 | -517 |
| 2063 | -814 | -540 |
| 2064 | -847 | -564 |
| 2065 | -880 | -588 |
| 2066 | -913 | -613 |
| 2067 | -946 | -638 |
| 2068 | -980 | -663 |
| 2069 | -1014 | -688 |
| 2070 | -1049 | -713 |
| 2071 | -1084 | -740 |
| 2072 | -1120 | -766 |
| 2073 | -1156 | -793 |
| 2074 | -1193 | -821 |
| 2075 | -1230 | -849 |
| 2076 | -1268 | -877 |
| 2077 | -1307 | -906 |
| 2078 | -1346 | -935 |
| 2079 | -1385 | -965 |
| 2080 | -1425 | -995 |
| 2081 | -1465 | -1025 |
| 2082 | -1505 | -1056 |
| 2083 | -1547 | -1087 |
| 2084 | -1588 | -1118 |
| 2085 | -1631 | -1150 |
| 2086 | -1673 | -1183 |
| 2087 | -1717 | -1216 |
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