Proposed Provision: Apply a 6 percent payroll tax on earnings above the current-law taxable maximum starting in 2013. Do not provide benefit credit for earnings above the current-law taxable maximum.

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

Year Present Law Provision
2012340340
2013329329
2014315323
2015302318
2016290313
2017277309
2018265305
2019253300
2020240294
2021227288
2022212280
2023197271
2024181262
2025164252
2026147241
2027129230
2028110218
202990206
203070193
203149179
203227165
20335150
2034-18135
2035-41121
2036-65105
2037-8990
2038-11475
2039-13859
2040-16344
2041-18928
2042-21512
2043-240-3
2044-266-19
2045-292-35
2046-319-51
2047-346-67
2048-373-83
2049-400-99
2050-428-116
2051-456-132
2052-484-149
2053-512-165
2054-540-182
2055-569-199
2056-598-217
2057-628-234
2058-657-252
2059-688-271
2060-719-289
2061-750-308
2062-782-327
2063-814-346
2064-847-366
2065-880-386
2066-913-406
2067-946-426
2068-980-446
2069-1014-467
2070-1049-488
2071-1084-510
2072-1120-532
2073-1156-554
2074-1193-576
2075-1230-599
2076-1268-623
2077-1307-647
2078-1346-671
2079-1385-695
2080-1425-720
2081-1465-745
2082-1505-771
2083-1547-797
2084-1588-823
2085-1631-850
2086-1673-877
2087-1717-905
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