Proposed Provision: Tax Social Security benefits in a manner similar to private pension income beginning in 2009. Phase out the lower-income thresholds during 2009-2018.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| | |
| 2008 | 359 | 359 |
| 2009 | 369 | 369 |
| 2010 | 378 | 379 |
| 2011 | 386 | 388 |
| 2012 | 392 | 395 |
| 2013 | 394 | 400 |
| 2014 | 395 | 403 |
| 2015 | 393 | 404 |
| 2016 | 390 | 403 |
| 2017 | 385 | 401 |
| 2018 | 378 | 398 |
| 2019 | 371 | 393 |
| 2020 | 361 | 387 |
| 2021 | 351 | 379 |
| 2022 | 341 | 371 |
| 2023 | 329 | 362 |
| 2024 | 316 | 352 |
| 2025 | 302 | 341 |
| 2026 | 287 | 329 |
| 2027 | 272 | 316 |
| 2028 | 256 | 302 |
| 2029 | 239 | 287 |
| 2030 | 221 | 272 |
| 2031 | 203 | 257 |
| 2032 | 185 | 241 |
| 2033 | 166 | 224 |
| 2034 | 147 | 207 |
| 2035 | 127 | 191 |
| 2036 | 108 | 173 |
| 2037 | 88 | 156 |
| 2038 | 67 | 139 |
| 2039 | 47 | 121 |
| 2040 | 26 | 103 |
| 2041 | 6 | 85 |
| 2042 | -15 | 67 |
| 2043 | -36 | 49 |
| 2044 | -57 | 30 |
| 2045 | -78 | 12 |
| 2046 | -100 | -7 |
| 2047 | -121 | -26 |
| 2048 | -143 | -45 |
| 2049 | -165 | -64 |
| 2050 | -187 | -83 |
| 2051 | -209 | -103 |
| 2052 | -232 | -123 |
| 2053 | -254 | -143 |
| 2054 | -277 | -163 |
| 2055 | -300 | -184 |
| 2056 | -324 | -205 |
| 2057 | -347 | -226 |
| 2058 | -372 | -247 |
| 2059 | -396 | -269 |
| 2060 | -421 | -292 |
| 2061 | -447 | -315 |
| 2062 | -472 | -338 |
| 2063 | -498 | -361 |
| 2064 | -525 | -385 |
| 2065 | -552 | -409 |
| 2066 | -579 | -434 |
| 2067 | -607 | -459 |
| 2068 | -635 | -484 |
| 2069 | -664 | -510 |
| 2070 | -693 | -537 |
| 2071 | -722 | -563 |
| 2072 | -752 | -590 |
| 2073 | -782 | -618 |
| 2074 | -813 | -646 |
| 2075 | -845 | -675 |
| 2076 | -876 | -704 |
| 2077 | -909 | -733 |
| 2078 | -942 | -763 |
| 2079 | -975 | -794 |
| 2080 | -1009 | -825 |
| 2081 | -1044 | -856 |
| 2082 | -1079 | -888 |
| 2083 | -1114 | -921 |
| 2084 | -1151 | -954 |
| 2085 | -1188 | -988 |
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