Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2017 until taxable earnings equal 90 percent of covered earnings. Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2014 | 320 | 320 |
| 2015 | 306 | 306 |
| 2016 | 292 | 292 |
| 2017 | 277 | 277 |
| 2018 | 262 | 263 |
| 2019 | 248 | 249 |
| 2020 | 233 | 235 |
| 2021 | 219 | 221 |
| 2022 | 203 | 207 |
| 2023 | 187 | 193 |
| 2024 | 171 | 178 |
| 2025 | 154 | 163 |
| 2026 | 137 | 148 |
| 2027 | 119 | 132 |
| 2028 | 101 | 116 |
| 2029 | 83 | 100 |
| 2030 | 64 | 84 |
| 2031 | 44 | 67 |
| 2032 | 23 | 49 |
| 2033 | 2 | 32 |
| 2034 | -20 | 13 |
| 2035 | -42 | -5 |
| 2036 | -65 | -24 |
| 2037 | -88 | -43 |
| 2038 | -112 | -62 |
| 2039 | -136 | -82 |
| 2040 | -160 | -101 |
| 2041 | -185 | -121 |
| 2042 | -210 | -140 |
| 2043 | -235 | -159 |
| 2044 | -260 | -179 |
| 2045 | -285 | -198 |
| 2046 | -310 | -217 |
| 2047 | -336 | -237 |
| 2048 | -362 | -256 |
| 2049 | -388 | -276 |
| 2050 | -415 | -295 |
| 2051 | -442 | -315 |
| 2052 | -468 | -334 |
| 2053 | -495 | -354 |
| 2054 | -523 | -373 |
| 2055 | -550 | -393 |
| 2056 | -578 | -413 |
| 2057 | -606 | -434 |
| 2058 | -635 | -455 |
| 2059 | -664 | -476 |
| 2060 | -694 | -498 |
| 2061 | -725 | -520 |
| 2062 | -756 | -543 |
| 2063 | -787 | -566 |
| 2064 | -819 | -590 |
| 2065 | -852 | -614 |
| 2066 | -885 | -638 |
| 2067 | -918 | -663 |
| 2068 | -952 | -688 |
| 2069 | -987 | -714 |
| 2070 | -1022 | -740 |
| 2071 | -1057 | -767 |
| 2072 | -1094 | -795 |
| 2073 | -1132 | -823 |
| 2074 | -1171 | -852 |
| 2075 | -1210 | -882 |
| 2076 | -1251 | -913 |
| 2077 | -1293 | -944 |
| 2078 | -1335 | -976 |
| 2079 | -1378 | -1008 |
| 2080 | -1421 | -1040 |
| 2081 | -1464 | -1073 |
| 2082 | -1507 | -1105 |
| 2083 | -1550 | -1138 |
| 2084 | -1593 | -1170 |
| 2085 | -1636 | -1203 |
| 2086 | -1680 | -1236 |
| 2087 | -1724 | -1269 |
| 2088 | -1769 | -1303 |
| 2089 | -1814 | -1338 |
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