Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2018, 12.9 percent in 2026, 13.3 in percent in 2036, 13.8 percent in 2046, 14.4 percent in 2066, and 14.5 percent in 2081 and later.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248250
2020233236
2021219222
2022204209
2023189195
2024173180
2025157166
2026142151
2027126139
2028110125
202994112
20307798
20316084
20324269
20332353
2034437
2035-1620
2036-363
2037-57-12
2038-78-28
2039-100-44
2040-122-60
2041-144-76
2042-166-92
2043-189-108
2044-211-125
2045-234-141
2046-257-158
2047-280-172
2048-303-186
2049-327-200
2050-351-214
2051-375-228
2052-398-243
2053-423-257
2054-447-272
2055-472-287
2056-496-302
2057-522-317
2058-548-333
2059-574-350
2060-601-367
2061-629-384
2062-657-401
2063-685-420
2064-714-438
2065-744-457
2066-774-476
2067-804-493
2068-835-510
2069-867-527
2070-899-545
2071-932-563
2072-965-582
2073-1000-602
2074-1035-622
2075-1072-643
2076-1110-664
2077-1148-686
2078-1188-709
2079-1228-732
2080-1268-755
2081-1309-778
2082-1350-801
2083-1391-824
2084-1432-847
2085-1472-870
2086-1514-893
2087-1555-916
2088-1597-940
2089-1640-964
2090-1683-989
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