Proposed Provision: Raise payroll tax rates (for employees and employers combined) by 1.6 percentage points in 2021 (to 14.0% combined) and by an additional 1.6 percentage points in 2051 (to 15.6% combined)
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| | |
| 2008 | 359 | 359 |
| 2009 | 369 | 369 |
| 2010 | 378 | 378 |
| 2011 | 386 | 386 |
| 2012 | 392 | 392 |
| 2013 | 394 | 394 |
| 2014 | 395 | 395 |
| 2015 | 393 | 393 |
| 2016 | 390 | 390 |
| 2017 | 385 | 385 |
| 2018 | 378 | 378 |
| 2019 | 371 | 371 |
| 2020 | 361 | 362 |
| 2021 | 351 | 352 |
| 2022 | 341 | 351 |
| 2023 | 329 | 350 |
| 2024 | 316 | 347 |
| 2025 | 302 | 343 |
| 2026 | 287 | 339 |
| 2027 | 272 | 333 |
| 2028 | 256 | 327 |
| 2029 | 239 | 320 |
| 2030 | 221 | 313 |
| 2031 | 203 | 305 |
| 2032 | 185 | 296 |
| 2033 | 166 | 288 |
| 2034 | 147 | 279 |
| 2035 | 127 | 271 |
| 2036 | 108 | 262 |
| 2037 | 88 | 253 |
| 2038 | 67 | 245 |
| 2039 | 47 | 236 |
| 2040 | 26 | 228 |
| 2041 | 6 | 219 |
| 2042 | -15 | 211 |
| 2043 | -36 | 203 |
| 2044 | -57 | 195 |
| 2045 | -78 | 187 |
| 2046 | -100 | 179 |
| 2047 | -121 | 171 |
| 2048 | -143 | 163 |
| 2049 | -165 | 155 |
| 2050 | -187 | 147 |
| 2051 | -209 | 139 |
| 2052 | -232 | 140 |
| 2053 | -254 | 141 |
| 2054 | -277 | 142 |
| 2055 | -300 | 143 |
| 2056 | -324 | 144 |
| 2057 | -347 | 145 |
| 2058 | -372 | 146 |
| 2059 | -396 | 146 |
| 2060 | -421 | 146 |
| 2061 | -447 | 147 |
| 2062 | -472 | 147 |
| 2063 | -498 | 147 |
| 2064 | -525 | 147 |
| 2065 | -552 | 146 |
| 2066 | -579 | 146 |
| 2067 | -607 | 145 |
| 2068 | -635 | 144 |
| 2069 | -664 | 143 |
| 2070 | -693 | 142 |
| 2071 | -722 | 141 |
| 2072 | -752 | 139 |
| 2073 | -782 | 137 |
| 2074 | -813 | 135 |
| 2075 | -845 | 132 |
| 2076 | -876 | 130 |
| 2077 | -909 | 127 |
| 2078 | -942 | 124 |
| 2079 | -975 | 121 |
| 2080 | -1009 | 117 |
| 2081 | -1044 | 113 |
| 2082 | -1079 | 109 |
| 2083 | -1114 | 104 |
| 2084 | -1151 | 100 |
| 2085 | -1188 | 95 |
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