Proposed Provision: E3.6. Increase the taxable maximum each year by an additional 2 percent beginning in 2028 until taxable earnings equal 90 percent of covered earnings. Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2025 | 169 | 169 |
2026 | 149 | 149 |
2027 | 131 | 131 |
2028 | 113 | 113 |
2029 | 95 | 96 |
2030 | 78 | 79 |
2031 | 60 | 62 |
2032 | 43 | 46 |
2033 | 26 | 30 |
2034 | 9 | 14 |
2035 | -9 | -2 |
2036 | -27 | -17 |
2037 | -45 | -33 |
2038 | -63 | -50 |
2039 | -83 | -66 |
2040 | -102 | -83 |
2041 | -122 | -100 |
2042 | -143 | -117 |
2043 | -164 | -134 |
2044 | -185 | -151 |
2045 | -206 | -169 |
2046 | -228 | -186 |
2047 | -250 | -204 |
2048 | -272 | -221 |
2049 | -295 | -239 |
2050 | -317 | -256 |
2051 | -340 | -274 |
2052 | -363 | -292 |
2053 | -386 | -310 |
2054 | -409 | -327 |
2055 | -433 | -345 |
2056 | -457 | -363 |
2057 | -481 | -382 |
2058 | -505 | -400 |
2059 | -530 | -419 |
2060 | -556 | -438 |
2061 | -582 | -458 |
2062 | -609 | -478 |
2063 | -636 | -499 |
2064 | -664 | -520 |
2065 | -692 | -541 |
2066 | -721 | -563 |
2067 | -750 | -585 |
2068 | -780 | -607 |
2069 | -810 | -630 |
2070 | -840 | -653 |
2071 | -871 | -677 |
2072 | -903 | -701 |
2073 | -935 | -726 |
2074 | -967 | -751 |
2075 | -1000 | -777 |
2076 | -1035 | -804 |
2077 | -1070 | -831 |
2078 | -1106 | -859 |
2079 | -1142 | -888 |
2080 | -1180 | -917 |
2081 | -1219 | -948 |
2082 | -1258 | -978 |
2083 | -1298 | -1009 |
2084 | -1338 | -1041 |
2085 | -1380 | -1074 |
2086 | -1423 | -1107 |
2087 | -1466 | -1141 |
2088 | -1510 | -1175 |
2089 | -1554 | -1209 |
2090 | -1599 | -1244 |
2091 | -1643 | -1278 |
2092 | -1687 | -1312 |
2093 | -1731 | -1345 |
2094 | -1774 | -1378 |
2095 | -1816 | -1411 |
2096 | -1858 | -1443 |
2097 | -1900 | -1475 |
2098 | -1941 | -1506 |
2099 | -1982 | -1537 |
2100 | -2022 | -1568 |
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