Proposed Provision: F2. Starting in 2020, exempt individuals with more than 180 quarters of coverage from the OASDI payroll tax. Earnings exempted from OASDI payroll tax would not be used in computing benefits.

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

Year Current Law Provision
2019273273
2020260260
2021245242
2022229224
2023213205
2024197186
2025180167
2026163148
2027147129
2028130110
202911491
20309772
20318052
20326333
20334612
203428-8
203510-30
2036-9-52
2037-28-74
2038-47-97
2039-67-120
2040-87-144
2041-108-168
2042-129-192
2043-150-217
2044-171-242
2045-192-267
2046-213-292
2047-234-317
2048-255-342
2049-276-367
2050-297-392
2051-318-417
2052-338-442
2053-359-467
2054-380-493
2055-401-518
2056-422-543
2057-444-569
2058-465-595
2059-487-621
2060-509-647
2061-531-674
2062-554-701
2063-577-729
2064-601-757
2065-625-786
2066-649-815
2067-674-844
2068-699-874
2069-724-904
2070-749-935
2071-776-966
2072-802-997
2073-830-1030
2074-857-1063
2075-885-1096
2076-914-1130
2077-944-1166
2078-975-1202
2079-1007-1240
2080-1039-1279
2081-1072-1318
2082-1106-1358
2083-1139-1398
2084-1173-1439
2085-1207-1480
2086-1242-1521
2087-1275-1561
2088-1309-1602
2089-1342-1641
2090-1375-1681
2091-1407-1719
2092-1439-1758
2093-1471-1796
2094-1503-1834
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