Proposed Provision: E3.6. Increase the taxable maximum each year by an additional 2 percent beginning in 2022 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 Current Law Provision
2019273273
2020260260
2021245245
2022229229
2023213214
2024197198
2025180182
2026163166
2027147151
2028130135
2029114121
203097106
20318091
20326376
20334661
20342846
20351031
2036-915
2037-28-1
2038-47-16
2039-67-33
2040-87-49
2041-108-65
2042-129-81
2043-150-98
2044-171-114
2045-192-130
2046-213-146
2047-234-161
2048-255-176
2049-276-192
2050-297-207
2051-318-221
2052-338-236
2053-359-250
2054-380-265
2055-401-279
2056-422-294
2057-444-308
2058-465-322
2059-487-337
2060-509-352
2061-531-367
2062-554-383
2063-577-399
2064-601-416
2065-625-432
2066-649-449
2067-674-467
2068-699-484
2069-724-502
2070-749-521
2071-776-540
2072-802-559
2073-830-579
2074-857-599
2075-885-619
2076-914-640
2077-944-662
2078-975-685
2079-1007-708
2080-1039-731
2081-1072-755
2082-1106-779
2083-1139-804
2084-1173-828
2085-1207-853
2086-1242-878
2087-1275-902
2088-1309-926
2089-1342-950
2090-1375-974
2091-1407-997
2092-1439-1020
2093-1471-1043
2094-1503-1067
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