Proposed Provision: E3.17. Beginning in 2019, increase the taxable maximum by twice the rate of increase in the national Average Wage Index, but never by less than 3 percent. Provide benefit credit for earnings up to the revised taxable maximum levels.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 273 |
| 2020 | 259 | 259 |
| 2021 | 245 | 246 |
| 2022 | 230 | 233 |
| 2023 | 215 | 220 |
| 2024 | 199 | 207 |
| 2025 | 182 | 193 |
| 2026 | 165 | 179 |
| 2027 | 148 | 164 |
| 2028 | 130 | 150 |
| 2029 | 112 | 136 |
| 2030 | 94 | 122 |
| 2031 | 75 | 107 |
| 2032 | 56 | 93 |
| 2033 | 37 | 78 |
| 2034 | 16 | 63 |
| 2035 | -4 | 48 |
| 2036 | -26 | 32 |
| 2037 | -47 | 17 |
| 2038 | -70 | 1 |
| 2039 | -92 | -15 |
| 2040 | -115 | -31 |
| 2041 | -138 | -46 |
| 2042 | -161 | -61 |
| 2043 | -184 | -77 |
| 2044 | -207 | -91 |
| 2045 | -230 | -106 |
| 2046 | -253 | -121 |
| 2047 | -276 | -135 |
| 2048 | -300 | -149 |
| 2049 | -323 | -163 |
| 2050 | -346 | -177 |
| 2051 | -370 | -191 |
| 2052 | -393 | -204 |
| 2053 | -417 | -218 |
| 2054 | -440 | -231 |
| 2055 | -464 | -245 |
| 2056 | -487 | -259 |
| 2057 | -511 | -272 |
| 2058 | -536 | -286 |
| 2059 | -560 | -301 |
| 2060 | -585 | -315 |
| 2061 | -611 | -330 |
| 2062 | -637 | -345 |
| 2063 | -663 | -360 |
| 2064 | -690 | -376 |
| 2065 | -717 | -392 |
| 2066 | -745 | -408 |
| 2067 | -772 | -425 |
| 2068 | -801 | -442 |
| 2069 | -829 | -459 |
| 2070 | -858 | -476 |
| 2071 | -888 | -494 |
| 2072 | -918 | -512 |
| 2073 | -949 | -531 |
| 2074 | -981 | -551 |
| 2075 | -1014 | -570 |
| 2076 | -1047 | -591 |
| 2077 | -1082 | -612 |
| 2078 | -1117 | -633 |
| 2079 | -1153 | -655 |
| 2080 | -1190 | -677 |
| 2081 | -1227 | -699 |
| 2082 | -1264 | -721 |
| 2083 | -1300 | -743 |
| 2084 | -1337 | -765 |
| 2085 | -1374 | -787 |
| 2086 | -1410 | -809 |
| 2087 | -1446 | -831 |
| 2088 | -1483 | -853 |
| 2089 | -1520 | -875 |
| 2090 | -1557 | -898 |
| 2091 | -1595 | -921 |
| 2092 | -1633 | -944 |
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