Proposed Provision: Beginning in 2019, apply 2 percent payroll tax rate on earnings over the wage-indexed equivalent of $400,000 in 2017, with the threshold wage-indexed after 2019. Provide proportional benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2011 | 353 | 353 |
| 2012 | 347 | 347 |
| 2013 | 341 | 341 |
| 2014 | 334 | 334 |
| 2015 | 328 | 328 |
| 2016 | 321 | 321 |
| 2017 | 314 | 314 |
| 2018 | 306 | 306 |
| 2019 | 296 | 296 |
| 2020 | 284 | 285 |
| 2021 | 272 | 274 |
| 2022 | 259 | 262 |
| 2023 | 245 | 249 |
| 2024 | 230 | 235 |
| 2025 | 214 | 220 |
| 2026 | 198 | 205 |
| 2027 | 181 | 189 |
| 2028 | 164 | 172 |
| 2029 | 145 | 155 |
| 2030 | 127 | 137 |
| 2031 | 107 | 119 |
| 2032 | 87 | 100 |
| 2033 | 67 | 80 |
| 2034 | 46 | 60 |
| 2035 | 25 | 40 |
| 2036 | 4 | 20 |
| 2037 | -18 | -1 |
| 2038 | -40 | -22 |
| 2039 | -62 | -43 |
| 2040 | -85 | -64 |
| 2041 | -108 | -86 |
| 2042 | -130 | -107 |
| 2043 | -153 | -129 |
| 2044 | -176 | -151 |
| 2045 | -200 | -173 |
| 2046 | -223 | -195 |
| 2047 | -247 | -218 |
| 2048 | -271 | -240 |
| 2049 | -295 | -263 |
| 2050 | -319 | -286 |
| 2051 | -343 | -309 |
| 2052 | -368 | -333 |
| 2053 | -393 | -356 |
| 2054 | -418 | -380 |
| 2055 | -443 | -404 |
| 2056 | -468 | -428 |
| 2057 | -494 | -453 |
| 2058 | -521 | -478 |
| 2059 | -548 | -504 |
| 2060 | -575 | -530 |
| 2061 | -602 | -556 |
| 2062 | -630 | -583 |
| 2063 | -659 | -610 |
| 2064 | -687 | -637 |
| 2065 | -716 | -665 |
| 2066 | -746 | -692 |
| 2067 | -775 | -721 |
| 2068 | -805 | -749 |
| 2069 | -835 | -778 |
| 2070 | -866 | -807 |
| 2071 | -897 | -837 |
| 2072 | -928 | -867 |
| 2073 | -960 | -897 |
| 2074 | -992 | -928 |
| 2075 | -1025 | -959 |
| 2076 | -1058 | -991 |
| 2077 | -1092 | -1024 |
| 2078 | -1126 | -1057 |
| 2079 | -1161 | -1090 |
| 2080 | -1196 | -1124 |
| 2081 | -1232 | -1158 |
| 2082 | -1268 | -1193 |
| 2083 | -1305 | -1228 |
| 2084 | -1342 | -1264 |
| 2085 | -1380 | -1301 |
| 2086 | -1419 | -1338 |
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