Proposed Provision: Impose a 6 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
2012350358
2013346361
2014341363
2015335366
2016330368
2017324369
2018317370
2019309369
2020299367
2021289363
2022277358
2023264353
2024251346
2025237339
2026221330
2027205321
2028189312
2029171302
2030154292
2031136281
2032117270
203398259
203479248
203559237
203639226
203719215
2038-1204
2039-21193
2040-42182
2041-63172
2042-84161
2043-105151
2044-126140
2045-147130
2046-168119
2047-189109
2048-21199
2049-23388
2050-25578
2051-27767
2052-29956
2053-32145
2054-34434
2055-36623
2056-38912
2057-4120
2058-436-12
2059-460-24
2060-485-36
2061-509-49
2062-534-62
2063-560-75
2064-586-88
2065-612-102
2066-638-116
2067-665-130
2068-692-144
2069-720-159
2070-748-174
2071-776-190
2072-805-205
2073-834-221
2074-864-238
2075-894-255
2076-925-272
2077-957-290
2078-989-308
2079-1021-326
2080-1054-345
2081-1087-364
2082-1121-384
2083-1156-404
2084-1191-424
2085-1227-445
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