Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2016 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
2013330330
2014315315
2015301301
2016286286
2017271271
2018257258
2019244246
2020231234
2021218222
2022204209
2023189196
2024173182
2025158169
2026142155
2027125140
2028108126
202990111
20307195
20315279
20323162
20331145
2034-1127
2035-329
2036-55-9
2037-78-27
2038-101-46
2039-124-64
2040-148-83
2041-172-101
2042-196-120
2043-220-138
2044-245-157
2045-269-175
2046-294-194
2047-319-212
2048-345-231
2049-371-250
2050-397-268
2051-423-287
2052-449-306
2053-476-325
2054-502-343
2055-530-363
2056-557-382
2057-585-402
2058-613-422
2059-642-443
2060-671-464
2061-701-486
2062-732-508
2063-763-530
2064-794-553
2065-826-576
2066-859-600
2067-892-624
2068-925-648
2069-959-673
2070-993-699
2071-1028-725
2072-1064-751
2073-1101-779
2074-1139-806
2075-1178-835
2076-1217-864
2077-1258-894
2078-1299-925
2079-1340-956
2080-1382-987
2081-1424-1018
2082-1466-1049
2083-1508-1080
2084-1550-1111
2085-1592-1143
2086-1635-1174
2087-1678-1207
2088-1722-1239
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