Detailed Single Year Tables
Description of Proposed Provision:
E1.1: Increase the payroll tax rate (currently 12.4 percent) to 17.0 percent in 2027 and later.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2026 | 15.37 | 12.91 | -2.45 | 151 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.62 | 17.02 | 1.40 | 131 | 0.00 | 4.17 | 4.17 | ||
| 2028 | 15.70 | 17.35 | 1.65 | 137 | -0.00 | 4.34 | 4.34 | ||
| 2029 | 15.73 | 17.40 | 1.67 | 144 | -0.01 | 4.34 | 4.35 | ||
| 2030 | 15.73 | 17.41 | 1.68 | 152 | -0.01 | 4.34 | 4.35 | ||
| 2031 | 15.71 | 17.42 | 1.72 | 160 | -0.01 | 4.34 | 4.35 | ||
| 2032 | 15.70 | 17.43 | 1.73 | 169 | -0.02 | 4.34 | 4.35 | ||
| 2033 | 15.69 | 17.47 | 1.78 | 177 | -0.03 | 4.34 | 4.37 | ||
| 2034 | 15.71 | 17.48 | 1.77 | 188 | -0.03 | 4.34 | 4.37 | ||
| 2035 | 15.73 | 17.50 | 1.78 | 199 | -0.04 | 4.34 | 4.38 | ||
| 2036 | 15.80 | 17.51 | 1.71 | 210 | -0.05 | 4.34 | 4.39 | ||
| 2037 | 15.89 | 17.52 | 1.63 | 220 | -0.07 | 4.34 | 4.41 | ||
| 2038 | 15.97 | 17.53 | 1.56 | 231 | -0.08 | 4.34 | 4.42 | ||
| 2039 | 16.04 | 17.53 | 1.49 | 241 | -0.09 | 4.34 | 4.43 | ||
| 2040 | 16.10 | 17.54 | 1.43 | 251 | -0.10 | 4.34 | 4.44 | ||
| 2041 | 16.16 | 17.54 | 1.38 | 261 | -0.11 | 4.34 | 4.45 | ||
| 2042 | 16.22 | 17.55 | 1.33 | 270 | -0.12 | 4.34 | 4.46 | ||
| 2043 | 16.28 | 17.55 | 1.27 | 280 | -0.13 | 4.34 | 4.47 | ||
| 2044 | 16.35 | 17.56 | 1.21 | 289 | -0.14 | 4.34 | 4.48 | ||
| 2045 | 16.42 | 17.56 | 1.14 | 298 | -0.15 | 4.34 | 4.49 | ||
| 2046 | 16.47 | 17.56 | 1.09 | 307 | -0.16 | 4.34 | 4.50 | ||
| 2047 | 16.53 | 17.57 | 1.04 | 316 | -0.17 | 4.34 | 4.51 | ||
| 2048 | 16.59 | 17.57 | 0.98 | 324 | -0.18 | 4.34 | 4.52 | ||
| 2049 | 16.66 | 17.58 | 0.92 | 332 | -0.19 | 4.34 | 4.53 | ||
| 2050 | 16.73 | 17.58 | 0.85 | 340 | -0.20 | 4.34 | 4.54 | ||
| 2051 | 16.81 | 17.59 | 0.78 | 347 | -0.21 | 4.34 | 4.54 | ||
| 2052 | 16.91 | 17.60 | 0.69 | 353 | -0.22 | 4.34 | 4.55 | ||
| 2053 | 17.01 | 17.60 | 0.59 | 359 | -0.22 | 4.34 | 4.56 | ||
| 2054 | 17.12 | 17.61 | 0.49 | 364 | -0.23 | 4.34 | 4.57 | ||
| 2055 | 17.24 | 17.62 | 0.38 | 368 | -0.24 | 4.34 | 4.58 | ||
| 2056 | 17.36 | 17.62 | 0.26 | 372 | -0.25 | 4.33 | 4.58 | ||
| 2057 | 17.49 | 17.63 | 0.14 | 375 | -0.25 | 4.33 | 4.59 | ||
| 2058 | 17.62 | 17.64 | 0.02 | 377 | -0.26 | 4.33 | 4.59 | ||
| 2059 | 17.75 | 17.65 | -0.10 | 379 | -0.26 | 4.33 | 4.60 | ||
| 2060 | 17.88 | 17.66 | -0.22 | 380 | -0.27 | 4.33 | 4.60 | ||
| 2061 | 18.00 | 17.67 | -0.33 | 380 | -0.27 | 4.33 | 4.61 | ||
| 2062 | 18.12 | 17.67 | -0.44 | 380 | -0.28 | 4.33 | 4.61 | ||
| 2063 | 18.24 | 17.68 | -0.55 | 379 | -0.28 | 4.33 | 4.61 | ||
| 2064 | 18.35 | 17.69 | -0.66 | 378 | -0.28 | 4.33 | 4.62 | ||
| 2065 | 18.46 | 17.70 | -0.76 | 376 | -0.28 | 4.33 | 4.62 | ||
| 2066 | 18.57 | 17.70 | -0.87 | 374 | -0.29 | 4.33 | 4.62 | ||
| 2067 | 18.68 | 17.71 | -0.97 | 372 | -0.29 | 4.33 | 4.62 | ||
| 2068 | 18.80 | 17.72 | -1.08 | 369 | -0.29 | 4.34 | 4.63 | ||
| 2069 | 18.91 | 17.73 | -1.18 | 365 | -0.29 | 4.34 | 4.63 | ||
| 2070 | 19.03 | 17.73 | -1.30 | 361 | -0.29 | 4.34 | 4.63 | ||
| 2071 | 19.15 | 17.74 | -1.41 | 356 | -0.30 | 4.34 | 4.63 | ||
| 2072 | 19.26 | 17.75 | -1.51 | 351 | -0.30 | 4.34 | 4.63 | ||
| 2073 | 19.38 | 17.76 | -1.62 | 345 | -0.30 | 4.34 | 4.64 | ||
| 2074 | 19.49 | 17.76 | -1.73 | 339 | -0.30 | 4.34 | 4.64 | ||
| 2075 | 19.60 | 17.77 | -1.83 | 333 | -0.30 | 4.34 | 4.64 | ||
| 2076 | 19.69 | 17.78 | -1.91 | 326 | -0.30 | 4.34 | 4.64 | ||
| 2077 | 19.78 | 17.78 | -2.00 | 319 | -0.31 | 4.34 | 4.64 | ||
| 2078 | 19.86 | 17.79 | -2.07 | 312 | -0.31 | 4.34 | 4.64 | ||
| 2079 | 19.92 | 17.79 | -2.13 | 304 | -0.31 | 4.34 | 4.64 | ||
| 2080 | 19.98 | 17.80 | -2.18 | 296 | -0.31 | 4.34 | 4.64 | ||
| 2081 | 20.03 | 17.80 | -2.23 | 288 | -0.31 | 4.34 | 4.65 | ||
| 2082 | 20.07 | 17.81 | -2.27 | 280 | -0.31 | 4.34 | 4.65 | ||
| 2083 | 20.11 | 17.81 | -2.30 | 272 | -0.31 | 4.34 | 4.65 | ||
| 2084 | 20.13 | 17.81 | -2.32 | 263 | -0.31 | 4.34 | 4.65 | ||
| 2085 | 20.14 | 17.81 | -2.33 | 255 | -0.31 | 4.34 | 4.65 | ||
| 2086 | 20.14 | 17.81 | -2.33 | 246 | -0.31 | 4.34 | 4.65 | ||
| 2087 | 20.13 | 17.81 | -2.32 | 238 | -0.31 | 4.34 | 4.65 | ||
| 2088 | 20.11 | 17.81 | -2.30 | 229 | -0.31 | 4.34 | 4.65 | ||
| 2089 | 20.08 | 17.81 | -2.27 | 221 | -0.31 | 4.34 | 4.65 | ||
| 2090 | 20.04 | 17.81 | -2.23 | 212 | -0.31 | 4.34 | 4.65 | ||
| 2091 | 20.00 | 17.81 | -2.20 | 204 | -0.31 | 4.34 | 4.64 | ||
| 2092 | 19.96 | 17.80 | -2.16 | 196 | -0.30 | 4.34 | 4.64 | ||
| 2093 | 19.92 | 17.80 | -2.12 | 188 | -0.30 | 4.34 | 4.64 | ||
| 2094 | 19.88 | 17.80 | -2.08 | 179 | -0.30 | 4.34 | 4.64 | ||
| 2095 | 19.85 | 17.80 | -2.05 | 171 | -0.30 | 4.34 | 4.64 | ||
| 2096 | 19.81 | 17.80 | -2.02 | 163 | -0.30 | 4.34 | 4.64 | ||
| 2097 | 19.78 | 17.80 | -1.99 | 155 | -0.30 | 4.34 | 4.64 | ||
| 2098 | 19.76 | 17.79 | -1.96 | 147 | -0.30 | 4.34 | 4.64 | ||
| 2099 | 19.74 | 17.79 | -1.94 | 139 | -0.30 | 4.34 | 4.64 | ||
| 2100 | 19.72 | 17.79 | -1.93 | 131 | -0.30 | 4.34 | 4.64 | ||
| 2101 | 19.72 | 17.79 | -1.93 | 123 | -0.30 | 4.34 | 4.64 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 17.90% | 17.95% | 0.05% | N/A | -0.20% | 4.27% | 4.47% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
|||||||||
Based on Intermediate Assumptions of the 2026 Trustees Report.