Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2018 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
2015308308
2016298298
2017280280
2018264264
2019248249
2020233234
2021219220
2022204206
2023189192
2024173178
2025157164
2026142151
2027126137
2028110123
202994109
20307795
20316081
20324266
20332350
2034434
2035-1618
2036-362
2037-57-15
2038-78-32
2039-100-48
2040-122-66
2041-144-83
2042-166-100
2043-189-117
2044-211-133
2045-234-150
2046-257-167
2047-280-184
2048-303-201
2049-327-218
2050-351-235
2051-375-251
2052-398-268
2053-423-285
2054-447-302
2055-472-319
2056-496-336
2057-522-354
2058-548-372
2059-574-390
2060-601-409
2061-629-429
2062-657-448
2063-685-469
2064-714-490
2065-744-511
2066-774-532
2067-804-554
2068-835-577
2069-867-600
2070-899-623
2071-932-647
2072-965-672
2073-1000-697
2074-1035-723
2075-1072-750
2076-1110-778
2077-1148-806
2078-1188-835
2079-1228-864
2080-1268-894
2081-1309-924
2082-1350-954
2083-1391-984
2084-1432-1014
2085-1472-1044
2086-1514-1075
2087-1555-1105
2088-1597-1137
2089-1640-1168
2090-1683-1200
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