Proposed Provision: E3.6. Increase the taxable maximum each year by an additional 2 percent beginning in 2021 until taxable earnings equal 90 percent of covered earnings. Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2018 | 288 | 288 |
| 2019 | 272 | 272 |
| 2020 | 256 | 256 |
| 2021 | 239 | 239 |
| 2022 | 223 | 223 |
| 2023 | 206 | 206 |
| 2024 | 188 | 190 |
| 2025 | 171 | 174 |
| 2026 | 154 | 158 |
| 2027 | 137 | 142 |
| 2028 | 120 | 127 |
| 2029 | 104 | 112 |
| 2030 | 86 | 97 |
| 2031 | 69 | 82 |
| 2032 | 51 | 66 |
| 2033 | 33 | 51 |
| 2034 | 14 | 35 |
| 2035 | -5 | 18 |
| 2036 | -25 | 2 |
| 2037 | -46 | -15 |
| 2038 | -67 | -32 |
| 2039 | -88 | -50 |
| 2040 | -110 | -67 |
| 2041 | -132 | -85 |
| 2042 | -154 | -102 |
| 2043 | -176 | -120 |
| 2044 | -199 | -137 |
| 2045 | -221 | -154 |
| 2046 | -244 | -172 |
| 2047 | -267 | -188 |
| 2048 | -289 | -205 |
| 2049 | -312 | -222 |
| 2050 | -335 | -238 |
| 2051 | -358 | -255 |
| 2052 | -381 | -271 |
| 2053 | -403 | -287 |
| 2054 | -426 | -303 |
| 2055 | -450 | -319 |
| 2056 | -473 | -335 |
| 2057 | -496 | -352 |
| 2058 | -520 | -368 |
| 2059 | -544 | -385 |
| 2060 | -569 | -402 |
| 2061 | -594 | -419 |
| 2062 | -619 | -437 |
| 2063 | -645 | -456 |
| 2064 | -671 | -474 |
| 2065 | -698 | -493 |
| 2066 | -725 | -513 |
| 2067 | -752 | -532 |
| 2068 | -780 | -552 |
| 2069 | -808 | -573 |
| 2070 | -837 | -594 |
| 2071 | -866 | -615 |
| 2072 | -896 | -637 |
| 2073 | -927 | -659 |
| 2074 | -958 | -682 |
| 2075 | -990 | -706 |
| 2076 | -1023 | -730 |
| 2077 | -1057 | -755 |
| 2078 | -1092 | -781 |
| 2079 | -1128 | -807 |
| 2080 | -1165 | -834 |
| 2081 | -1202 | -862 |
| 2082 | -1240 | -889 |
| 2083 | -1278 | -917 |
| 2084 | -1316 | -945 |
| 2085 | -1354 | -973 |
| 2086 | -1392 | -1001 |
| 2087 | -1430 | -1029 |
| 2088 | -1468 | -1057 |
| 2089 | -1505 | -1084 |
| 2090 | -1543 | -1111 |
| 2091 | -1580 | -1139 |
| 2092 | -1618 | -1166 |
| 2093 | -1655 | -1194 |
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