Proposed Provision: Impose a 3 percent payroll tax on OASDI covered earnings above the current taxable maximum starting in 2011. Benefit computations would not reflect any earnings above the taxable maximum amount.

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

Year Present Law Provision
2010355355
2011353353
2012350354
2013346353
2014341352
2015335351
2016330349
2017324347
2018317343
2019309339
2020299333
2021289326
2022277318
2023264309
2024251299
2025237288
2026221276
2027205263
2028189250
2029171237
2030154223
2031136209
2032117194
203398179
203479164
203559148
203639133
203719117
2038-1102
2039-2186
2040-4270
2041-6355
2042-8439
2043-10523
2044-1268
2045-147-8
2046-168-24
2047-189-40
2048-211-56
2049-233-72
2050-255-88
2051-277-105
2052-299-121
2053-321-138
2054-344-154
2055-366-171
2056-389-188
2057-412-206
2058-436-224
2059-460-242
2060-485-260
2061-509-279
2062-534-298
2063-560-317
2064-586-337
2065-612-356
2066-638-377
2067-665-397
2068-692-418
2069-720-439
2070-748-461
2071-776-482
2072-805-505
2073-834-527
2074-864-551
2075-894-574
2076-925-598
2077-957-623
2078-989-648
2079-1021-673
2080-1054-699
2081-1087-725
2082-1121-752
2083-1156-779
2084-1191-807
2085-1227-835
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