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 2013-2015. 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
2012	13.83	12.89	-0.93	340	0.00	0.00	0.00
2013	13.95	12.88	-1.07	329	0.00	0.05	0.05
2014	13.98	13.03	-0.95	316	0.00	0.10	0.10
2015	13.97	13.10	-0.86	303	0.00	0.15	0.15
2016	13.94	13.14	-0.80	292	0.00	0.16	0.16
2017	13.91	13.17	-0.75	280	0.00	0.16	0.16
2018	13.96	13.19	-0.77	269	0.00	0.16	0.15
2019	14.14	13.21	-0.93	258	0.00	0.15	0.15
2020	14.38	13.23	-1.15	246	0.00	0.15	0.15
2021	14.66	13.26	-1.40	234	0.00	0.15	0.15
2022	14.98	13.28	-1.70	220	0.00	0.15	0.15
2023	15.29	13.30	-2.00	206	0.01	0.15	0.15
2024	15.60	13.32	-2.29	190	0.01	0.15	0.15
2025	15.89	13.33	-2.56	174	0.01	0.15	0.15
2026	16.16	13.35	-2.81	158	0.01	0.15	0.14
2027	16.42	13.36	-3.06	141	0.01	0.15	0.14
2028	16.65	13.38	-3.27	123	0.01	0.15	0.14
2029	16.85	13.39	-3.45	104	0.01	0.15	0.14
2030	17.02	13.40	-3.62	84	0.01	0.15	0.14
2031	17.16	13.41	-3.75	64	0.02	0.15	0.14
2032	17.27	13.42	-3.85	43	0.02	0.15	0.14
2033	17.35	13.43	-3.92	22	0.02	0.15	0.14
2034	17.40	13.43	-3.97	----	0.02	0.15	0.13
2035	17.43	13.43	-4.00	----	0.02	0.16	0.13
2036	17.45	13.44	-4.01	----	0.02	0.15	0.13
2037	17.46	13.44	-4.02	----	0.03	0.15	0.13
2038	17.45	13.44	-4.01	----	0.03	0.15	0.13
2039	17.42	13.44	-3.98	----	0.03	0.16	0.13
2040	17.39	13.44	-3.95	----	0.03	0.16	0.12
2041	17.35	13.44	-3.92	----	0.03	0.16	0.12
2042	17.31	13.44	-3.88	----	0.03	0.16	0.12
2043	17.28	13.43	-3.85	----	0.04	0.16	0.12
2044	17.25	13.43	-3.82	----	0.04	0.16	0.12
2045	17.23	13.43	-3.79	----	0.04	0.16	0.12
2046	17.20	13.43	-3.77	----	0.04	0.16	0.11
2047	17.18	13.43	-3.75	----	0.04	0.16	0.11
2048	17.16	13.43	-3.73	----	0.05	0.16	0.11
2049	17.14	13.43	-3.71	----	0.05	0.16	0.11
2050	17.13	13.43	-3.70	----	0.05	0.16	0.11
2051	17.12	13.43	-3.69	----	0.05	0.16	0.11
2052	17.12	13.43	-3.69	----	0.05	0.16	0.11
2053	17.13	13.43	-3.69	----	0.05	0.16	0.10
2054	17.14	13.44	-3.70	----	0.06	0.16	0.10
2055	17.15	13.44	-3.71	----	0.06	0.16	0.10
2056	17.17	13.44	-3.73	----	0.06	0.16	0.10
2057	17.18	13.44	-3.74	----	0.06	0.16	0.10
2058	17.20	13.44	-3.76	----	0.06	0.16	0.10
2059	17.21	13.44	-3.77	----	0.06	0.16	0.10
2060	17.22	13.45	-3.78	----	0.07	0.16	0.09
2061	17.23	13.45	-3.78	----	0.07	0.16	0.09
2062	17.24	13.45	-3.79	----	0.07	0.16	0.09
2063	17.25	13.45	-3.80	----	0.07	0.16	0.09
2064	17.26	13.45	-3.81	----	0.07	0.16	0.09
2065	17.27	13.45	-3.82	----	0.07	0.16	0.09
2066	17.29	13.45	-3.84	----	0.07	0.16	0.09
2067	17.31	13.45	-3.86	----	0.07	0.16	0.09
2068	17.34	13.46	-3.88	----	0.07	0.16	0.09
2069	17.37	13.46	-3.91	----	0.07	0.16	0.09
2070	17.40	13.46	-3.94	----	0.07	0.16	0.09
2071	17.43	13.46	-3.97	----	0.08	0.16	0.09
2072	17.45	13.46	-3.99	----	0.08	0.16	0.09
2073	17.48	13.47	-4.02	----	0.08	0.16	0.09
2074	17.51	13.47	-4.04	----	0.08	0.16	0.09
2075	17.54	13.47	-4.07	----	0.08	0.16	0.09
2076	17.56	13.47	-4.09	----	0.08	0.16	0.09
2077	17.59	13.47	-4.12	----	0.08	0.16	0.09
2078	17.62	13.48	-4.14	----	0.08	0.16	0.09
2079	17.65	13.48	-4.17	----	0.08	0.16	0.08
2080	17.68	13.48	-4.20	----	0.08	0.16	0.08
2081	17.72	13.48	-4.24	----	0.08	0.16	0.08
2082	17.76	13.48	-4.27	----	0.08	0.16	0.08
2083	17.80	13.49	-4.31	----	0.08	0.16	0.08
2084	17.83	13.49	-4.35	----	0.08	0.16	0.08
2085	17.87	13.49	-4.38	----	0.08	0.16	0.08
2086	17.91	13.49	-4.42	----	0.08	0.16	0.08
2087	17.95	13.50	-4.46	----	0.08	0.16	0.08

				Summarized Estimates

	Proposal				Change from Present Law
Years	Cost rate	Income rate	Actuarial balance	Year of reserve depletion¹	Cost rate	Income rate	Actuarial balance

Based on Intermediate Assumptions of the 2012 Trustees Report.
2012-2086	16.72%	14.17%	-2.55%	2033	0.04%	0.15%	0.11%

¹ Under present law, the year of Trust Fund reserve depletion is 2033.


	Privacy Policy \| Website Policies & Other Important Information \| Site Map Last reviewed or modified February 20, 2013

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 2013-2015. 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 2013-2015. Provide benefit credit for earnings up to the revised taxable maximum levels.