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
2014320320
2015306306
2016292292
2017277277
2018262263
2019248249
2020233235
2021219221
2022203207
2023187193
2024171178
2025154163
2026137148
2027119132
2028101116
202983100
20306484
20314467
20322349
2033232
2034-2013
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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