Proposed Provision: F2. Starting in 2026, exempt individuals with more than 180 quarters of coverage from the OASDI payroll tax. Earnings exempted from OASDI payroll tax would not be used in computing benefits.

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

Year Current Law Provision
2025169169
2026149149
2027131127
2028113105
20299584
20307862
20316041
20324320
203326-1
20349-23
2035-9-44
2036-27-66
2037-45-89
2038-63-112
2039-83-135
2040-102-160
2041-122-185
2042-143-210
2043-164-236
2044-185-262
2045-206-289
2046-228-316
2047-250-343
2048-272-371
2049-295-399
2050-317-427
2051-340-455
2052-363-484
2053-386-513
2054-409-542
2055-433-571
2056-457-601
2057-481-631
2058-505-661
2059-530-692
2060-556-723
2061-582-755
2062-609-788
2063-636-822
2064-664-856
2065-692-891
2066-721-926
2067-750-962
2068-780-998
2069-810-1035
2070-840-1072
2071-871-1110
2072-903-1148
2073-935-1187
2074-967-1227
2075-1000-1267
2076-1035-1309
2077-1070-1351
2078-1106-1395
2079-1142-1440
2080-1180-1486
2081-1219-1532
2082-1258-1580
2083-1298-1629
2084-1338-1679
2085-1380-1730
2086-1423-1782
2087-1466-1835
2088-1510-1889
2089-1554-1943
2090-1599-1998
2091-1643-2053
2092-1687-2107
2093-1731-2161
2094-1774-2214
2095-1816-2267
2096-1858-2319
2097-1900-2371
2098-1941-2422
2099-1982-2472
2100-2022-2522
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