Proposed Provision: Apply 4 percent payroll tax rate on earnings over $200,000 in 2018, with the $200,000 threshold wage-indexed after 2018. Give proportional 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
2019309313
2020299307
2021289300
2022277292
2023264283
2024251273
2025237262
2026221250
2027205237
2028189224
2029171210
2030154196
2031136181
2032117166
203398151
203479135
203559119
203639103
20371987
2038-170
2039-2154
2040-4237
2041-6321
2042-844
2043-105-13
2044-126-29
2045-147-46
2046-168-63
2047-189-80
2048-211-97
2049-233-115
2050-255-132
2051-277-149
2052-299-167
2053-321-185
2054-344-203
2055-366-221
2056-389-240
2057-412-258
2058-436-278
2059-460-297
2060-485-317
2061-509-337
2062-534-358
2063-560-379
2064-586-400
2065-612-421
2066-638-443
2067-665-465
2068-692-488
2069-720-511
2070-748-534
2071-776-558
2072-805-582
2073-834-606
2074-864-631
2075-894-657
2076-925-683
2077-957-709
2078-989-736
2079-1021-764
2080-1054-792
2081-1087-820
2082-1121-849
2083-1156-878
2084-1191-908
2085-1227-939
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