Proposed Provision: E3.4. Increase the taxable maximum from $106,800 to $115,200 (in 2009 AWI-indexed dollars), or from $142,200 to $153,300 in 2020, phased in 2018-2020. Provide benefit credit for earnings up to the revised taxable maximum.

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

Year Current Law Provision
2017298298
2018287287
2019273273
2020259260
2021245247
2022230233
2023215219
2024199204
2025182188
2026165172
2027148155
2028130138
2029112121
203094104
20317586
20325668
20333749
20341630
2035-410
2036-26-10
2037-47-31
2038-70-52
2039-92-74
2040-115-96
2041-138-118
2042-161-140
2043-184-162
2044-207-184
2045-230-205
2046-253-228
2047-276-250
2048-300-272
2049-323-294
2050-346-316
2051-370-339
2052-393-361
2053-417-383
2054-440-405
2055-464-428
2056-487-451
2057-511-474
2058-536-497
2059-560-520
2060-585-544
2061-611-569
2062-637-594
2063-663-619
2064-690-645
2065-717-671
2066-745-697
2067-772-724
2068-801-751
2069-829-779
2070-858-807
2071-888-835
2072-918-865
2073-949-895
2074-981-925
2075-1014-957
2076-1047-989
2077-1082-1023
2078-1117-1057
2079-1153-1091
2080-1190-1127
2081-1227-1162
2082-1264-1198
2083-1300-1233
2084-1337-1269
2085-1374-1304
2086-1410-1339
2087-1446-1374
2088-1483-1410
2089-1520-1445
2090-1557-1481
2091-1595-1518
2092-1633-1555
back