Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $203,700 for 2021. After 2021, index the taxable maximum to AWI plus 0.5 percentage point. Apply benefit credit on additional earnings taxed.
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 | 263 |
| 2020 | 246 | 250 |
| 2021 | 231 | 238 |
| 2022 | 216 | 226 |
| 2023 | 200 | 213 |
| 2024 | 183 | 199 |
| 2025 | 165 | 185 |
| 2026 | 149 | 172 |
| 2027 | 132 | 158 |
| 2028 | 115 | 144 |
| 2029 | 98 | 131 |
| 2030 | 81 | 117 |
| 2031 | 64 | 104 |
| 2032 | 46 | 89 |
| 2033 | 27 | 75 |
| 2034 | 8 | 60 |
| 2035 | -11 | 44 |
| 2036 | -30 | 29 |
| 2037 | -50 | 13 |
| 2038 | -71 | -3 |
| 2039 | -91 | -19 |
| 2040 | -112 | -36 |
| 2041 | -133 | -53 |
| 2042 | -154 | -69 |
| 2043 | -176 | -86 |
| 2044 | -197 | -102 |
| 2045 | -218 | -119 |
| 2046 | -240 | -136 |
| 2047 | -262 | -152 |
| 2048 | -283 | -169 |
| 2049 | -305 | -186 |
| 2050 | -327 | -203 |
| 2051 | -349 | -220 |
| 2052 | -371 | -237 |
| 2053 | -393 | -253 |
| 2054 | -415 | -270 |
| 2055 | -437 | -288 |
| 2056 | -460 | -305 |
| 2057 | -482 | -323 |
| 2058 | -506 | -341 |
| 2059 | -529 | -359 |
| 2060 | -553 | -378 |
| 2061 | -578 | -397 |
| 2062 | -603 | -417 |
| 2063 | -628 | -437 |
| 2064 | -654 | -458 |
| 2065 | -680 | -478 |
| 2066 | -706 | -499 |
| 2067 | -733 | -521 |
| 2068 | -760 | -543 |
| 2069 | -788 | -565 |
| 2070 | -816 | -587 |
| 2071 | -845 | -610 |
| 2072 | -874 | -634 |
| 2073 | -905 | -658 |
| 2074 | -935 | -683 |
| 2075 | -967 | -709 |
| 2076 | -1000 | -735 |
| 2077 | -1033 | -762 |
| 2078 | -1068 | -789 |
| 2079 | -1102 | -817 |
| 2080 | -1138 | -845 |
| 2081 | -1173 | -873 |
| 2082 | -1208 | -902 |
| 2083 | -1243 | -930 |
| 2084 | -1279 | -958 |
| 2085 | -1314 | -986 |
| 2086 | -1349 | -1014 |
| 2087 | -1384 | -1042 |
| 2088 | -1419 | -1071 |
| 2089 | -1455 | -1099 |
| 2090 | -1491 | -1128 |
| 2091 | -1528 | -1158 |
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