Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2013, 12.9 percent in 2021, 13.1 in percent in 2031, 13.9 percent in 2041, 13.5 percent in 2051, and 13.3 percent in 2061.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2010355355
2011353353
2012350350
2013346346
2014341342
2015335338
2016330334
2017324329
2018317324
2019309317
2020299309
2021289299
2022277291
2023264281
2024251270
2025237259
2026221247
2027205234
2028189220
2029171206
2030154191
2031136176
2032117162
203398147
203479132
203559117
203639102
20371986
2038-171
2039-2155
2040-4240
2041-6324
2042-8413
2043-1052
2044-126-9
2045-147-20
2046-168-31
2047-189-41
2048-211-52
2049-233-63
2050-255-74
2051-277-85
2052-299-98
2053-321-112
2054-344-125
2055-366-139
2056-389-153
2057-412-167
2058-436-181
2059-460-196
2060-485-211
2061-509-226
2062-534-243
2063-560-260
2064-586-277
2065-612-295
2066-638-312
2067-665-330
2068-692-349
2069-720-368
2070-748-387
2071-776-406
2072-805-426
2073-834-446
2074-864-467
2075-894-488
2076-925-509
2077-957-531
2078-989-553
2079-1021-576
2080-1054-599
2081-1087-623
2082-1121-647
2083-1156-671
2084-1191-696
2085-1227-722
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