Detailed Single Year Tables
Description of Proposed Provision:
E1.1: Increase the payroll tax rate (currently 12.4 percent) to 16.4 percent in 2026 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 |
|||
| 2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.29 | 16.64 | 1.36 | 149 | 0.00 | 3.61 | 3.61 | ||
| 2027 | 15.47 | 16.86 | 1.39 | 154 | -0.00 | 3.78 | 3.78 | ||
| 2028 | 15.58 | 16.89 | 1.31 | 159 | -0.00 | 3.78 | 3.78 | ||
| 2029 | 15.68 | 16.92 | 1.23 | 164 | -0.01 | 3.78 | 3.79 | ||
| 2030 | 15.79 | 16.93 | 1.14 | 168 | -0.01 | 3.78 | 3.78 | ||
| 2031 | 15.91 | 16.96 | 1.06 | 172 | -0.01 | 3.78 | 3.78 | ||
| 2032 | 16.00 | 16.98 | 0.97 | 176 | 0.00 | 3.78 | 3.77 | ||
| 2033 | 15.74 | 17.02 | 1.29 | 184 | -0.33 | 3.78 | 4.11 | ||
| 2034 | 16.08 | 17.04 | 0.96 | 188 | -0.06 | 3.78 | 3.84 | ||
| 2035 | 16.17 | 17.05 | 0.88 | 193 | -0.06 | 3.78 | 3.84 | ||
| 2036 | 16.26 | 17.06 | 0.80 | 198 | -0.06 | 3.78 | 3.84 | ||
| 2037 | 16.34 | 17.07 | 0.73 | 203 | -0.07 | 3.78 | 3.85 | ||
| 2038 | 16.41 | 17.08 | 0.67 | 208 | -0.08 | 3.78 | 3.86 | ||
| 2039 | 16.46 | 17.09 | 0.62 | 213 | -0.09 | 3.78 | 3.87 | ||
| 2040 | 16.50 | 17.09 | 0.59 | 218 | -0.10 | 3.78 | 3.88 | ||
| 2041 | 16.54 | 17.10 | 0.56 | 223 | -0.11 | 3.78 | 3.88 | ||
| 2042 | 16.56 | 17.10 | 0.54 | 227 | -0.12 | 3.78 | 3.89 | ||
| 2043 | 16.58 | 17.10 | 0.52 | 232 | -0.13 | 3.78 | 3.90 | ||
| 2044 | 16.61 | 17.11 | 0.50 | 237 | -0.13 | 3.78 | 3.91 | ||
| 2045 | 16.63 | 17.11 | 0.48 | 242 | -0.14 | 3.77 | 3.92 | ||
| 2046 | 16.65 | 17.11 | 0.46 | 247 | -0.15 | 3.77 | 3.93 | ||
| 2047 | 16.68 | 17.12 | 0.44 | 252 | -0.16 | 3.77 | 3.93 | ||
| 2048 | 16.71 | 17.12 | 0.41 | 256 | -0.17 | 3.77 | 3.94 | ||
| 2049 | 16.75 | 17.13 | 0.38 | 260 | -0.17 | 3.77 | 3.95 | ||
| 2050 | 16.79 | 17.13 | 0.34 | 264 | -0.18 | 3.77 | 3.95 | ||
| 2051 | 16.83 | 17.13 | 0.30 | 268 | -0.19 | 3.77 | 3.96 | ||
| 2052 | 16.89 | 17.14 | 0.25 | 272 | -0.19 | 3.77 | 3.97 | ||
| 2053 | 16.95 | 17.15 | 0.20 | 275 | -0.20 | 3.77 | 3.97 | ||
| 2054 | 17.01 | 17.15 | 0.14 | 277 | -0.21 | 3.77 | 3.98 | ||
| 2055 | 17.09 | 17.16 | 0.07 | 280 | -0.21 | 3.77 | 3.98 | ||
| 2056 | 17.17 | 17.17 | -0.00 | 281 | -0.22 | 3.77 | 3.99 | ||
| 2057 | 17.26 | 17.17 | -0.08 | 282 | -0.22 | 3.77 | 3.99 | ||
| 2058 | 17.35 | 17.18 | -0.17 | 283 | -0.23 | 3.77 | 4.00 | ||
| 2059 | 17.43 | 17.19 | -0.24 | 283 | -0.23 | 3.77 | 4.00 | ||
| 2060 | 17.51 | 17.20 | -0.32 | 283 | -0.23 | 3.77 | 4.00 | ||
| 2061 | 17.59 | 17.20 | -0.38 | 283 | -0.23 | 3.77 | 4.01 | ||
| 2062 | 17.66 | 17.21 | -0.45 | 282 | -0.24 | 3.77 | 4.01 | ||
| 2063 | 17.72 | 17.21 | -0.51 | 281 | -0.24 | 3.77 | 4.01 | ||
| 2064 | 17.79 | 17.22 | -0.57 | 280 | -0.24 | 3.77 | 4.01 | ||
| 2065 | 17.86 | 17.23 | -0.63 | 278 | -0.24 | 3.77 | 4.01 | ||
| 2066 | 17.93 | 17.23 | -0.69 | 276 | -0.24 | 3.77 | 4.01 | ||
| 2067 | 17.99 | 17.24 | -0.76 | 274 | -0.24 | 3.77 | 4.02 | ||
| 2068 | 18.06 | 17.24 | -0.82 | 272 | -0.24 | 3.77 | 4.02 | ||
| 2069 | 18.13 | 17.25 | -0.88 | 269 | -0.25 | 3.77 | 4.02 | ||
| 2070 | 18.21 | 17.26 | -0.95 | 265 | -0.25 | 3.77 | 4.02 | ||
| 2071 | 18.28 | 17.26 | -1.02 | 262 | -0.25 | 3.77 | 4.02 | ||
| 2072 | 18.35 | 17.27 | -1.08 | 258 | -0.25 | 3.77 | 4.02 | ||
| 2073 | 18.42 | 17.27 | -1.15 | 254 | -0.25 | 3.77 | 4.02 | ||
| 2074 | 18.49 | 17.28 | -1.21 | 249 | -0.25 | 3.77 | 4.02 | ||
| 2075 | 18.55 | 17.29 | -1.26 | 244 | -0.25 | 3.77 | 4.02 | ||
| 2076 | 18.60 | 17.29 | -1.31 | 239 | -0.25 | 3.77 | 4.02 | ||
| 2077 | 18.64 | 17.29 | -1.35 | 234 | -0.25 | 3.77 | 4.03 | ||
| 2078 | 18.67 | 17.30 | -1.38 | 229 | -0.25 | 3.77 | 4.03 | ||
| 2079 | 18.69 | 17.30 | -1.39 | 224 | -0.25 | 3.77 | 4.03 | ||
| 2080 | 18.70 | 17.30 | -1.40 | 218 | -0.25 | 3.77 | 4.03 | ||
| 2081 | 18.71 | 17.30 | -1.40 | 213 | -0.25 | 3.77 | 4.03 | ||
| 2082 | 18.70 | 17.30 | -1.40 | 208 | -0.25 | 3.77 | 4.03 | ||
| 2083 | 18.68 | 17.30 | -1.38 | 202 | -0.25 | 3.77 | 4.03 | ||
| 2084 | 18.66 | 17.30 | -1.35 | 197 | -0.25 | 3.77 | 4.03 | ||
| 2085 | 18.62 | 17.30 | -1.32 | 192 | -0.25 | 3.77 | 4.02 | ||
| 2086 | 18.57 | 17.30 | -1.27 | 187 | -0.25 | 3.78 | 4.02 | ||
| 2087 | 18.52 | 17.30 | -1.22 | 183 | -0.25 | 3.78 | 4.02 | ||
| 2088 | 18.46 | 17.29 | -1.16 | 178 | -0.25 | 3.78 | 4.02 | ||
| 2089 | 18.39 | 17.29 | -1.11 | 174 | -0.25 | 3.78 | 4.02 | ||
| 2090 | 18.33 | 17.28 | -1.05 | 170 | -0.25 | 3.78 | 4.02 | ||
| 2091 | 18.27 | 17.28 | -0.99 | 167 | -0.24 | 3.78 | 4.02 | ||
| 2092 | 18.22 | 17.28 | -0.94 | 163 | -0.24 | 3.78 | 4.02 | ||
| 2093 | 18.18 | 17.28 | -0.90 | 160 | -0.24 | 3.78 | 4.02 | ||
| 2094 | 18.14 | 17.27 | -0.87 | 156 | -0.24 | 3.78 | 4.02 | ||
| 2095 | 18.12 | 17.27 | -0.85 | 153 | -0.24 | 3.78 | 4.02 | ||
| 2096 | 18.10 | 17.27 | -0.83 | 150 | -0.24 | 3.78 | 4.02 | ||
| 2097 | 18.09 | 17.27 | -0.82 | 147 | -0.24 | 3.78 | 4.02 | ||
| 2098 | 18.09 | 17.27 | -0.82 | 144 | -0.24 | 3.78 | 4.02 | ||
| 2099 | 18.10 | 17.27 | -0.82 | 141 | -0.24 | 3.78 | 4.02 | ||
| 2100 | 18.11 | 17.27 | -0.84 | 137 | -0.24 | 3.78 | 4.02 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2025-2099 | 17.43% | 17.50% | 0.07% | N/A | -0.18% | 3.72% | 3.90% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.