Proposed Provision: Apply 2 percent payroll tax rate on earnings over $200,000 in 2018, with the $200,000 threshold wage-indexed after 2018. Give no benefit credit for additional earnings in AIME for benefit computation.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346346
2014341341
2015335335
2016330330
2017324324
2018317317
2019309311
2020299303
2021289294
2022277285
2023264274
2024251262
2025237249
2026221236
2027205222
2028189207
2029171191
2030154175
2031136159
2032117142
203398125
203479108
20355990
20363972
20371954
2038-136
2039-2118
2040-420
2041-63-19
2042-84-37
2043-105-56
2044-126-75
2045-147-93
2046-168-112
2047-189-131
2048-211-150
2049-233-169
2050-255-188
2051-277-208
2052-299-227
2053-321-247
2054-344-267
2055-366-287
2056-389-307
2057-412-328
2058-436-349
2059-460-370
2060-485-392
2061-509-414
2062-534-436
2063-560-458
2064-586-481
2065-612-505
2066-638-528
2067-665-552
2068-692-576
2069-720-601
2070-748-626
2071-776-651
2072-805-677
2073-834-703
2074-864-730
2075-894-757
2076-925-785
2077-957-813
2078-989-842
2079-1021-871
2080-1054-901
2081-1087-931
2082-1121-961
2083-1156-993
2084-1191-1024
2085-1227-1057
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