Detailed Single Year Tables

Level of OASDI Contribution and Benefit Base	Description of Proposed Provision: Determine the level of the contribution and benefit base such that 90 percent of the earnings would be subject to the payroll tax (phased in 2009-2018). All earnings subject to the payroll tax would be used in determining benefits.

Financial Estimates for the OASDI Trust Fund Program
Calendar year	Cost rate	Income rate	Annual balance	Trust fund ratio as of January 1	With this provision	Present law	Percentage increase
	Percentage of taxable payroll			Trust fund ratio as of January 1	OASDI taxable payroll (in billions of dollars)
2008	11.20	12.77	1.57	359	5,567	5,567	0.0
2009	11.17	12.80	1.63	369	5,907	5,859	0.8
2010	11.18	12.82	1.64	379	6,258	6,155	1.7
2011	11.26	12.83	1.58	389	6,607	6,449	2.4
2012	11.38	12.85	1.47	397	6,969	6,746	3.3
2013	11.55	12.88	1.33	402	7,350	7,055	4.2
2014	11.73	12.89	1.16	407	7,745	7,373	5.1
2015	11.92	12.91	0.99	410	8,152	7,701	5.9
2016	12.11	12.93	0.82	412	8,582	8,039	6.8
2017	12.31	12.95	0.64	412	9,030	8,390	7.6
2018	12.49	12.96	0.47	412	9,499	8,759	8.4
2019	12.77	12.98	0.21	411	9,915	9,142	8.5
2020	13.05	13.00	-0.05	409	10,347	9,539	8.5
2021	13.32	13.01	-0.30	406	10,796	9,952	8.5
2022	13.57	13.03	-0.54	401	11,262	10,381	8.5
2023	13.81	13.05	-0.77	396	11,747	10,827	8.5
2024	14.05	13.06	-0.99	389	12,254	11,293	8.5
2025	14.27	13.08	-1.20	381	12,780	11,777	8.5
2026	14.49	13.09	-1.39	373	13,331	12,284	8.5
2027	14.69	13.11	-1.58	364	13,903	12,810	8.5
2028	14.88	13.12	-1.76	353	14,501	13,360	8.5
2029	15.06	13.13	-1.93	342	15,128	13,937	8.6
2030	15.21	13.14	-2.07	331	15,784	14,539	8.6
2031	15.35	13.15	-2.19	319	16,472	15,172	8.6
2032	15.46	13.16	-2.30	307	17,191	15,833	8.6
2033	15.55	13.17	-2.38	295	17,948	16,528	8.6
2034	15.61	13.18	-2.44	282	18,740	17,257	8.6
2035	15.66	13.18	-2.48	270	19,567	18,017	8.6
2036	15.69	13.19	-2.51	257	20,429	18,810	8.6
2037	15.71	13.19	-2.52	244	21,332	19,640	8.6
2038	15.72	13.19	-2.53	232	22,278	20,509	8.6
2039	15.70	13.19	-2.51	219	23,269	21,420	8.6
2040	15.68	13.19	-2.49	206	24,306	22,373	8.6
2041	15.66	13.19	-2.46	193	25,388	23,368	8.6
2042	15.63	13.19	-2.43	181	26,519	24,408	8.7
2043	15.60	13.20	-2.41	168	27,701	25,494	8.7
2044	15.57	13.20	-2.38	155	28,937	26,630	8.7
2045	15.55	13.20	-2.36	142	30,224	27,812	8.7
2046	15.54	13.20	-2.34	129	31,564	29,043	8.7
2047	15.52	13.20	-2.33	116	32,960	30,327	8.7
2048	15.51	13.20	-2.32	102	34,418	31,666	8.7
2049	15.51	13.20	-2.31	89	35,938	33,062	8.7
2050	15.51	13.20	-2.31	75	37,520	34,514	8.7
2051	15.52	13.20	-2.32	62	39,167	36,028	8.7
2052	15.53	13.21	-2.33	48	40,892	37,612	8.7
2053	15.55	13.21	-2.34	33	42,694	39,267	8.7
2054	15.57	13.21	-2.36	19	44,573	40,993	8.7
2055	15.60	13.21	-2.39	4	46,534	42,793	8.7
2056	15.63	13.22	-2.41	----	48,574	44,666	8.7
2057	15.66	13.22	-2.44	----	50,707	46,625	8.8
2058	15.69	13.22	-2.47	----	52,935	48,670	8.8
2059	15.72	13.22	-2.50	----	55,266	50,809	8.8
2060	15.75	13.23	-2.52	----	57,694	53,039	8.8
2061	15.78	13.23	-2.55	----	60,227	55,363	8.8
2062	15.81	13.23	-2.58	----	62,876	57,794	8.8
2063	15.84	13.24	-2.60	----	65,640	60,331	8.8
2064	15.87	13.24	-2.63	----	68,528	62,981	8.8
2065	15.90	13.24	-2.66	----	71,541	65,746	8.8
2066	15.93	13.24	-2.69	----	74,681	68,626	8.8
2067	15.96	13.25	-2.72	----	77,960	71,635	8.8
2068	16.00	13.25	-2.75	----	81,386	74,778	8.8
2069	16.03	13.25	-2.78	----	84,956	78,052	8.8
2070	16.07	13.25	-2.81	----	88,671	81,460	8.9
2071	16.11	13.26	-2.85	----	92,546	85,014	8.9
2072	16.14	13.26	-2.88	----	96,602	88,734	8.9
2073	16.18	13.26	-2.92	----	100,832	92,613	8.9
2074	16.22	13.26	-2.96	----	105,240	96,656	8.9
2075	16.26	13.27	-2.99	----	109,842	100,875	8.9
2076	16.30	13.27	-3.03	----	114,634	105,268	8.9
2077	16.34	13.27	-3.07	----	119,635	109,853	8.9
2078	16.38	13.27	-3.11	----	124,841	114,625	8.9
2079	16.43	13.28	-3.15	----	130,273	119,604	8.9
2080	16.47	13.28	-3.19	----	135,935	124,794	8.9
2081	16.51	13.28	-3.23	----	141,847	130,212	8.9
2082	16.56	13.28	-3.27	----	148,012	135,862	8.9
2083	16.60	13.29	-3.31	----	154,444	141,756	9.0
2084	16.64	13.29	-3.35	----	161,162	147,912	9.0
2085	16.68	13.29	-3.39	----	168,188	154,350	9.0

Summarized Rates
	Years	Cost rate	Income rate	Actuarial balance		Change in actuarial balance
	2008-2082	14.72%	13.85%	-0.87%		0.83%


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Detailed Single Year Tables

Description of Proposed Provision: Determine the level of the contribution and benefit base such that 90 percent of the earnings would be subject to the payroll tax (phased in 2009-2018). All earnings subject to the payroll tax would be used in determining benefits.

Description of Proposed Provision:
Determine the level of the contribution and benefit base such that 90 percent of the earnings would be subject to the payroll tax (phased in 2009-2018). All earnings subject to the payroll tax would be used in determining benefits.