Proposed Provision: E3.5. Increase the taxable maximum each year by an additional 2 percent beginning in 2017 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 |
| 2016 | 303 | 303 |
| 2017 | 293 | 293 |
| 2018 | 277 | 277 |
| 2019 | 262 | 262 |
| 2020 | 246 | 248 |
| 2021 | 231 | 234 |
| 2022 | 216 | 220 |
| 2023 | 200 | 205 |
| 2024 | 183 | 189 |
| 2025 | 165 | 174 |
| 2026 | 149 | 159 |
| 2027 | 132 | 144 |
| 2028 | 115 | 130 |
| 2029 | 98 | 115 |
| 2030 | 81 | 101 |
| 2031 | 64 | 87 |
| 2032 | 46 | 72 |
| 2033 | 27 | 57 |
| 2034 | 8 | 42 |
| 2035 | -11 | 26 |
| 2036 | -30 | 10 |
| 2037 | -50 | -5 |
| 2038 | -71 | -21 |
| 2039 | -91 | -38 |
| 2040 | -112 | -54 |
| 2041 | -133 | -70 |
| 2042 | -154 | -86 |
| 2043 | -176 | -102 |
| 2044 | -197 | -118 |
| 2045 | -218 | -134 |
| 2046 | -240 | -149 |
| 2047 | -262 | -165 |
| 2048 | -283 | -180 |
| 2049 | -305 | -196 |
| 2050 | -327 | -211 |
| 2051 | -349 | -227 |
| 2052 | -371 | -242 |
| 2053 | -393 | -257 |
| 2054 | -415 | -273 |
| 2055 | -437 | -288 |
| 2056 | -460 | -304 |
| 2057 | -482 | -320 |
| 2058 | -506 | -336 |
| 2059 | -529 | -353 |
| 2060 | -553 | -370 |
| 2061 | -578 | -387 |
| 2062 | -603 | -405 |
| 2063 | -628 | -424 |
| 2064 | -654 | -443 |
| 2065 | -680 | -462 |
| 2066 | -706 | -481 |
| 2067 | -733 | -501 |
| 2068 | -760 | -522 |
| 2069 | -788 | -542 |
| 2070 | -816 | -564 |
| 2071 | -845 | -585 |
| 2072 | -874 | -608 |
| 2073 | -905 | -631 |
| 2074 | -935 | -654 |
| 2075 | -967 | -678 |
| 2076 | -1000 | -703 |
| 2077 | -1033 | -729 |
| 2078 | -1068 | -755 |
| 2079 | -1102 | -782 |
| 2080 | -1138 | -808 |
| 2081 | -1173 | -835 |
| 2082 | -1208 | -862 |
| 2083 | -1243 | -890 |
| 2084 | -1279 | -917 |
| 2085 | -1314 | -944 |
| 2086 | -1349 | -971 |
| 2087 | -1384 | -998 |
| 2088 | -1419 | -1026 |
| 2089 | -1455 | -1053 |
| 2090 | -1491 | -1082 |
| 2091 | -1528 | -1111 |
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