Proposed Provision: Starting in 2016, exempt individuals with more than 180 quarters of coverage from the OASDI payroll tax. Earnings exempted from OASDI payroll tax would not be used in computing benefits.

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

Year Present Law Provision
2015308308
2016298298
2017280278
2018264260
2019248243
2020233226
2021219210
2022204193
2023189176
2024173159
2025157142
2026142125
2027126107
202811089
20299471
20307753
20316033
20324213
203323-8
20344-29
2035-16-51
2036-36-74
2037-57-97
2038-78-120
2039-100-144
2040-122-169
2041-144-193
2042-166-218
2043-189-243
2044-211-269
2045-234-294
2046-257-320
2047-280-346
2048-303-373
2049-327-400
2050-351-426
2051-375-453
2052-398-480
2053-423-508
2054-447-535
2055-472-563
2056-496-592
2057-522-620
2058-548-650
2059-574-680
2060-601-710
2061-629-741
2062-657-773
2063-685-805
2064-714-838
2065-744-872
2066-774-906
2067-804-940
2068-835-975
2069-867-1011
2070-899-1047
2071-932-1084
2072-965-1122
2073-1000-1162
2074-1035-1202
2075-1072-1243
2076-1110-1286
2077-1148-1330
2078-1188-1375
2079-1228-1421
2080-1268-1467
2081-1309-1513
2082-1350-1560
2083-1391-1606
2084-1432-1653
2085-1472-1699
2086-1514-1746
2087-1555-1794
2088-1597-1842
2089-1640-1890
2090-1683-1940
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