Proposed Provision: Apply 4 percent payroll tax rate on earnings over $400,000 in 2018, with the $400,000 threshold wage-indexed after 2018. Give no benefit credit for additional earnings in AIME for benefit computation.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 350 |
| 2013 | 346 | 346 |
| 2014 | 341 | 341 |
| 2015 | 335 | 335 |
| 2016 | 330 | 330 |
| 2017 | 324 | 324 |
| 2018 | 317 | 317 |
| 2019 | 309 | 311 |
| 2020 | 299 | 304 |
| 2021 | 289 | 296 |
| 2022 | 277 | 286 |
| 2023 | 264 | 276 |
| 2024 | 251 | 264 |
| 2025 | 237 | 252 |
| 2026 | 221 | 239 |
| 2027 | 205 | 225 |
| 2028 | 189 | 210 |
| 2029 | 171 | 195 |
| 2030 | 154 | 180 |
| 2031 | 136 | 164 |
| 2032 | 117 | 147 |
| 2033 | 98 | 131 |
| 2034 | 79 | 114 |
| 2035 | 59 | 97 |
| 2036 | 39 | 79 |
| 2037 | 19 | 61 |
| 2038 | -1 | 44 |
| 2039 | -21 | 26 |
| 2040 | -42 | 8 |
| 2041 | -63 | -10 |
| 2042 | -84 | -28 |
| 2043 | -105 | -46 |
| 2044 | -126 | -64 |
| 2045 | -147 | -82 |
| 2046 | -168 | -101 |
| 2047 | -189 | -119 |
| 2048 | -211 | -137 |
| 2049 | -233 | -156 |
| 2050 | -255 | -175 |
| 2051 | -277 | -194 |
| 2052 | -299 | -213 |
| 2053 | -321 | -232 |
| 2054 | -344 | -251 |
| 2055 | -366 | -271 |
| 2056 | -389 | -290 |
| 2057 | -412 | -310 |
| 2058 | -436 | -331 |
| 2059 | -460 | -352 |
| 2060 | -485 | -373 |
| 2061 | -509 | -394 |
| 2062 | -534 | -416 |
| 2063 | -560 | -438 |
| 2064 | -586 | -460 |
| 2065 | -612 | -483 |
| 2066 | -638 | -506 |
| 2067 | -665 | -529 |
| 2068 | -692 | -553 |
| 2069 | -720 | -576 |
| 2070 | -748 | -601 |
| 2071 | -776 | -626 |
| 2072 | -805 | -651 |
| 2073 | -834 | -676 |
| 2074 | -864 | -702 |
| 2075 | -894 | -729 |
| 2076 | -925 | -756 |
| 2077 | -957 | -784 |
| 2078 | -989 | -812 |
| 2079 | -1021 | -840 |
| 2080 | -1054 | -869 |
| 2081 | -1087 | -898 |
| 2082 | -1121 | -928 |
| 2083 | -1156 | -959 |
| 2084 | -1191 | -990 |
| 2085 | -1227 | -1021 |
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