Proposed Provision: E3.17. Beginning in 2025, 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
2023204204
2024187187
2025168168
2026149150
2027131133
2028114117
202996101
20307885
20316070
20324355
20332541
2034726
2035-1212
2036-31-3
2037-51-18
2038-70-33
2039-91-48
2040-112-63
2041-133-78
2042-154-94
2043-176-109
2044-198-124
2045-220-140
2046-243-155
2047-265-170
2048-288-185
2049-311-200
2050-333-216
2051-357-231
2052-380-246
2053-403-261
2054-427-276
2055-450-292
2056-474-307
2057-498-323
2058-522-339
2059-547-355
2060-572-372
2061-597-389
2062-623-406
2063-650-424
2064-677-442
2065-705-461
2066-733-480
2067-762-499
2068-791-519
2069-820-539
2070-850-559
2071-880-580
2072-911-601
2073-942-622
2074-974-644
2075-1006-666
2076-1039-689
2077-1074-713
2078-1108-737
2079-1144-761
2080-1181-787
2081-1218-812
2082-1256-838
2083-1294-865
2084-1333-891
2085-1373-918
2086-1413-945
2087-1453-972
2088-1494-1000
2089-1534-1027
2090-1574-1053
2091-1613-1079
2092-1651-1105
2093-1689-1130
2094-1726-1154
2095-1762-1178
2096-1798-1201
2097-1833-1225
2098-1868-1247
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