Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2015 until taxable earnings equal 90 percent of covered earnings. Provide benefit credit for earnings up to the revised taxable maximum.
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 | 278 |
| 2018 | 262 | 264 |
| 2019 | 248 | 251 |
| 2020 | 233 | 237 |
| 2021 | 219 | 224 |
| 2022 | 203 | 210 |
| 2023 | 187 | 196 |
| 2024 | 171 | 182 |
| 2025 | 154 | 167 |
| 2026 | 137 | 152 |
| 2027 | 119 | 137 |
| 2028 | 101 | 121 |
| 2029 | 83 | 106 |
| 2030 | 64 | 90 |
| 2031 | 44 | 73 |
| 2032 | 23 | 56 |
| 2033 | 2 | 38 |
| 2034 | -20 | 20 |
| 2035 | -42 | 2 |
| 2036 | -65 | -17 |
| 2037 | -88 | -36 |
| 2038 | -112 | -55 |
| 2039 | -136 | -74 |
| 2040 | -160 | -93 |
| 2041 | -185 | -113 |
| 2042 | -210 | -132 |
| 2043 | -235 | -151 |
| 2044 | -260 | -170 |
| 2045 | -285 | -189 |
| 2046 | -310 | -209 |
| 2047 | -336 | -228 |
| 2048 | -362 | -248 |
| 2049 | -388 | -267 |
| 2050 | -415 | -287 |
| 2051 | -442 | -306 |
| 2052 | -468 | -326 |
| 2053 | -495 | -346 |
| 2054 | -523 | -366 |
| 2055 | -550 | -386 |
| 2056 | -578 | -407 |
| 2057 | -606 | -428 |
| 2058 | -635 | -449 |
| 2059 | -664 | -471 |
| 2060 | -694 | -493 |
| 2061 | -725 | -516 |
| 2062 | -756 | -540 |
| 2063 | -787 | -564 |
| 2064 | -819 | -588 |
| 2065 | -852 | -613 |
| 2066 | -885 | -638 |
| 2067 | -918 | -664 |
| 2068 | -952 | -690 |
| 2069 | -987 | -717 |
| 2070 | -1022 | -744 |
| 2071 | -1057 | -772 |
| 2072 | -1094 | -800 |
| 2073 | -1132 | -830 |
| 2074 | -1171 | -860 |
| 2075 | -1210 | -891 |
| 2076 | -1251 | -923 |
| 2077 | -1293 | -956 |
| 2078 | -1335 | -989 |
| 2079 | -1378 | -1022 |
| 2080 | -1421 | -1056 |
| 2081 | -1464 | -1090 |
| 2082 | -1507 | -1124 |
| 2083 | -1550 | -1158 |
| 2084 | -1593 | -1192 |
| 2085 | -1636 | -1226 |
| 2086 | -1680 | -1261 |
| 2087 | -1724 | -1296 |
| 2088 | -1769 | -1332 |
| 2089 | -1814 | -1368 |
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