Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
E2.7: Apply a 6 percent payroll tax on earnings above the current-law taxable maximum starting in 2018. Do not provide benefit credit for earnings above the current-law taxable maximum.

 

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
201713.4113.03-0.38
298
0.000.000.00
201813.4914.040.55
287
0.001.111.11
201913.7014.120.42
281
0.001.171.18
202013.8514.140.29
274
0.001.181.18
202114.0114.170.16
268
0.001.181.18
202214.2514.20-0.05
261
0.001.181.18
202314.5414.22-0.32
253
0.001.171.17
202414.8214.25-0.57
243
0.001.171.17
202515.0914.27-0.82
233
0.001.171.17
202615.3714.30-1.06
222
-0.011.171.17
202715.6114.32-1.29
211
-0.011.171.17
202815.8514.34-1.51
200
-0.011.171.17
202916.0614.35-1.71
188
-0.011.171.18
203016.2614.36-1.89
176
-0.011.171.18
203116.4414.38-2.06
165
-0.011.171.18
203216.6014.39-2.21
153
-0.011.171.18
203316.7314.40-2.33
140
-0.011.171.18
203416.8414.40-2.43
127
-0.011.171.18
203516.9114.41-2.50
114
-0.011.171.18
203616.9714.41-2.56
100
-0.011.171.18
203717.0114.42-2.59
87
-0.011.171.18
203817.0114.42-2.59
73
-0.021.171.19
203916.9814.42-2.56
59
-0.021.171.19
204016.9414.42-2.52
44
-0.021.171.19
204116.9014.42-2.48
30
-0.021.171.19
204216.8414.42-2.43
16
-0.021.171.19
204316.7914.41-2.37
3
-0.021.171.19
204416.7414.41-2.33
----
-0.021.171.19
204516.7014.41-2.29
----
-0.021.171.20
204616.6614.41-2.25
----
-0.021.171.20
204716.6214.41-2.21
----
-0.031.171.20
204816.5914.41-2.18
----
-0.031.171.20
204916.5614.41-2.16
----
-0.031.171.20
205016.5414.41-2.13
----
-0.031.171.20
205116.5314.41-2.12
----
-0.031.171.20
205216.5314.41-2.12
----
-0.031.171.21
205316.5414.41-2.13
----
-0.031.171.21
205416.5614.41-2.14
----
-0.031.181.21
205516.5814.41-2.17
----
-0.041.181.21
205616.6214.42-2.20
----
-0.041.181.21
205716.6614.42-2.24
----
-0.041.181.21
205816.7014.42-2.28
----
-0.041.181.22
205916.7414.43-2.32
----
-0.041.181.22
206016.7914.43-2.36
----
-0.041.181.22
206116.8314.43-2.40
----
-0.041.181.22
206216.8814.44-2.44
----
-0.041.181.22
206316.9314.44-2.49
----
-0.041.181.22
206416.9714.44-2.53
----
-0.051.181.22
206517.0214.45-2.57
----
-0.051.181.23
206617.0714.45-2.62
----
-0.051.181.23
206717.1214.45-2.67
----
-0.051.181.23
206817.1714.46-2.71
----
-0.051.181.23
206917.2314.46-2.76
----
-0.051.181.23
207017.2814.47-2.81
----
-0.051.181.23
207117.3214.47-2.85
----
-0.051.181.23
207217.3614.47-2.89
----
-0.051.181.23
207317.4014.48-2.92
----
-0.051.181.23
207417.4314.48-2.95
----
-0.051.181.23
207517.4514.48-2.97
----
-0.051.181.24
207617.4714.48-2.98
----
-0.051.181.24
207717.4714.48-2.99
----
-0.051.181.24
207817.4714.48-2.99
----
-0.051.191.24
207917.4614.48-2.98
----
-0.051.191.24
208017.4614.48-2.97
----
-0.051.191.24
208117.4514.48-2.97
----
-0.051.191.24
208217.4514.49-2.97
----
-0.051.191.24
208317.4614.49-2.97
----
-0.051.191.24
208417.4714.49-2.99
----
-0.051.191.24
208517.5014.49-3.01
----
-0.051.191.24
208617.5314.49-3.04
----
-0.051.191.24
208717.5614.49-3.07
----
-0.051.191.24
208817.6014.50-3.11
----
-0.051.191.24
208917.6514.50-3.15
----
-0.051.191.24
209017.7014.50-3.19
----
-0.051.191.25
209117.7414.51-3.24
----
-0.051.191.25
209217.7914.51-3.28
----
-0.051.191.25



 

Summarized Estimates

 
  Proposal
  Change from Current Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of reserve
depletion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2017 Trustees Report.
2017-2091 16.64% 15.00% -1.64%
2043
-0.03% 1.16% 1.19%
 
1 Under current law, the year of Trust Fund reserve depletion is 2034.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified July 13, 2017