Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2016, 12.9 percent in 2024, 13.1 in percent in 2034, 13.9 percent in 2044, 13.5 percent in 2054, and 13.3 percent in 2064 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2013 | 330 | 330 |
| 2014 | 315 | 315 |
| 2015 | 301 | 301 |
| 2016 | 286 | 286 |
| 2017 | 271 | 272 |
| 2018 | 257 | 260 |
| 2019 | 244 | 248 |
| 2020 | 231 | 236 |
| 2021 | 218 | 224 |
| 2022 | 204 | 211 |
| 2023 | 189 | 197 |
| 2024 | 173 | 183 |
| 2025 | 158 | 170 |
| 2026 | 142 | 157 |
| 2027 | 125 | 143 |
| 2028 | 108 | 129 |
| 2029 | 90 | 114 |
| 2030 | 71 | 98 |
| 2031 | 52 | 82 |
| 2032 | 31 | 65 |
| 2033 | 11 | 47 |
| 2034 | -11 | 29 |
| 2035 | -32 | 11 |
| 2036 | -55 | -7 |
| 2037 | -78 | -25 |
| 2038 | -101 | -44 |
| 2039 | -124 | -63 |
| 2040 | -148 | -82 |
| 2041 | -172 | -101 |
| 2042 | -196 | -120 |
| 2043 | -220 | -140 |
| 2044 | -245 | -159 |
| 2045 | -269 | -174 |
| 2046 | -294 | -189 |
| 2047 | -319 | -205 |
| 2048 | -345 | -220 |
| 2049 | -371 | -236 |
| 2050 | -397 | -252 |
| 2051 | -423 | -268 |
| 2052 | -449 | -284 |
| 2053 | -476 | -300 |
| 2054 | -502 | -316 |
| 2055 | -530 | -335 |
| 2056 | -557 | -354 |
| 2057 | -585 | -373 |
| 2058 | -613 | -393 |
| 2059 | -642 | -413 |
| 2060 | -671 | -434 |
| 2061 | -701 | -455 |
| 2062 | -732 | -477 |
| 2063 | -763 | -499 |
| 2064 | -794 | -522 |
| 2065 | -826 | -545 |
| 2066 | -859 | -570 |
| 2067 | -892 | -595 |
| 2068 | -925 | -620 |
| 2069 | -959 | -645 |
| 2070 | -993 | -671 |
| 2071 | -1028 | -698 |
| 2072 | -1064 | -726 |
| 2073 | -1101 | -754 |
| 2074 | -1139 | -782 |
| 2075 | -1178 | -812 |
| 2076 | -1217 | -842 |
| 2077 | -1258 | -873 |
| 2078 | -1299 | -904 |
| 2079 | -1340 | -935 |
| 2080 | -1382 | -967 |
| 2081 | -1424 | -999 |
| 2082 | -1466 | -1031 |
| 2083 | -1508 | -1063 |
| 2084 | -1550 | -1095 |
| 2085 | -1592 | -1127 |
| 2086 | -1635 | -1160 |
| 2087 | -1678 | -1193 |
| 2088 | -1722 | -1227 |
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