Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2012, 12.9 percent in 2020, 13.1 in percent in 2030, 13.9 percent in 2040, 13.5 percent in 2050, and 13.3 percent in 2060.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2009 | 354 | 354 |
| 2010 | 360 | 360 |
| 2011 | 366 | 366 |
| 2012 | 369 | 369 |
| 2013 | 367 | 369 |
| 2014 | 364 | 367 |
| 2015 | 359 | 364 |
| 2016 | 354 | 360 |
| 2017 | 347 | 353 |
| 2018 | 338 | 346 |
| 2019 | 327 | 336 |
| 2020 | 315 | 326 |
| 2021 | 302 | 316 |
| 2022 | 289 | 305 |
| 2023 | 275 | 294 |
| 2024 | 260 | 282 |
| 2025 | 244 | 269 |
| 2026 | 227 | 255 |
| 2027 | 209 | 241 |
| 2028 | 191 | 226 |
| 2029 | 173 | 210 |
| 2030 | 153 | 194 |
| 2031 | 133 | 178 |
| 2032 | 113 | 162 |
| 2033 | 92 | 146 |
| 2034 | 71 | 129 |
| 2035 | 50 | 112 |
| 2036 | 29 | 95 |
| 2037 | 7 | 78 |
| 2038 | -16 | 61 |
| 2039 | -38 | 43 |
| 2040 | -61 | 26 |
| 2041 | -83 | 13 |
| 2042 | -106 | 0 |
| 2043 | -129 | -13 |
| 2044 | -152 | -26 |
| 2045 | -175 | -39 |
| 2046 | -199 | -52 |
| 2047 | -222 | -64 |
| 2048 | -246 | -77 |
| 2049 | -270 | -90 |
| 2050 | -294 | -103 |
| 2051 | -318 | -118 |
| 2052 | -342 | -133 |
| 2053 | -366 | -148 |
| 2054 | -391 | -164 |
| 2055 | -415 | -179 |
| 2056 | -440 | -195 |
| 2057 | -466 | -211 |
| 2058 | -491 | -227 |
| 2059 | -517 | -244 |
| 2060 | -544 | -261 |
| 2061 | -570 | -279 |
| 2062 | -598 | -297 |
| 2063 | -625 | -316 |
| 2064 | -653 | -335 |
| 2065 | -681 | -355 |
| 2066 | -710 | -375 |
| 2067 | -739 | -395 |
| 2068 | -768 | -415 |
| 2069 | -798 | -436 |
| 2070 | -828 | -457 |
| 2071 | -859 | -478 |
| 2072 | -890 | -500 |
| 2073 | -922 | -523 |
| 2074 | -954 | -546 |
| 2075 | -987 | -569 |
| 2076 | -1020 | -593 |
| 2077 | -1054 | -617 |
| 2078 | -1089 | -641 |
| 2079 | -1124 | -666 |
| 2080 | -1159 | -692 |
| 2081 | -1195 | -718 |
| 2082 | -1232 | -745 |
| 2083 | -1270 | -772 |
| 2084 | -1308 | -799 |
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