Proposed Provision: E3.5. Increase the taxable maximum each year by an additional 2 percent beginning in 2018 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 |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 273 |
| 2020 | 259 | 259 |
| 2021 | 245 | 246 |
| 2022 | 230 | 233 |
| 2023 | 215 | 219 |
| 2024 | 199 | 204 |
| 2025 | 182 | 189 |
| 2026 | 165 | 174 |
| 2027 | 148 | 158 |
| 2028 | 130 | 143 |
| 2029 | 112 | 127 |
| 2030 | 94 | 111 |
| 2031 | 75 | 96 |
| 2032 | 56 | 80 |
| 2033 | 37 | 63 |
| 2034 | 16 | 46 |
| 2035 | -4 | 29 |
| 2036 | -26 | 11 |
| 2037 | -47 | -7 |
| 2038 | -70 | -25 |
| 2039 | -92 | -43 |
| 2040 | -115 | -61 |
| 2041 | -138 | -79 |
| 2042 | -161 | -97 |
| 2043 | -184 | -115 |
| 2044 | -207 | -133 |
| 2045 | -230 | -150 |
| 2046 | -253 | -167 |
| 2047 | -276 | -185 |
| 2048 | -300 | -202 |
| 2049 | -323 | -219 |
| 2050 | -346 | -236 |
| 2051 | -370 | -252 |
| 2052 | -393 | -269 |
| 2053 | -417 | -286 |
| 2054 | -440 | -302 |
| 2055 | -464 | -319 |
| 2056 | -487 | -336 |
| 2057 | -511 | -353 |
| 2058 | -536 | -370 |
| 2059 | -560 | -388 |
| 2060 | -585 | -406 |
| 2061 | -611 | -425 |
| 2062 | -637 | -444 |
| 2063 | -663 | -463 |
| 2064 | -690 | -483 |
| 2065 | -717 | -503 |
| 2066 | -745 | -524 |
| 2067 | -772 | -545 |
| 2068 | -801 | -566 |
| 2069 | -829 | -588 |
| 2070 | -858 | -610 |
| 2071 | -888 | -633 |
| 2072 | -918 | -656 |
| 2073 | -949 | -680 |
| 2074 | -981 | -704 |
| 2075 | -1014 | -729 |
| 2076 | -1047 | -755 |
| 2077 | -1082 | -782 |
| 2078 | -1117 | -809 |
| 2079 | -1153 | -837 |
| 2080 | -1190 | -865 |
| 2081 | -1227 | -894 |
| 2082 | -1264 | -922 |
| 2083 | -1300 | -951 |
| 2084 | -1337 | -979 |
| 2085 | -1374 | -1008 |
| 2086 | -1410 | -1036 |
| 2087 | -1446 | -1065 |
| 2088 | -1483 | -1093 |
| 2089 | -1520 | -1122 |
| 2090 | -1557 | -1152 |
| 2091 | -1595 | -1181 |
| 2092 | -1633 | -1212 |
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