Proposed Provision: E3.6. Increase the taxable maximum each year by an additional 2 percent beginning in 2027 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 |
| 2024 | 188 | 188 |
| 2025 | 171 | 171 |
| 2026 | 152 | 152 |
| 2027 | 134 | 134 |
| 2028 | 117 | 118 |
| 2029 | 101 | 101 |
| 2030 | 84 | 86 |
| 2031 | 68 | 71 |
| 2032 | 53 | 57 |
| 2033 | 37 | 43 |
| 2034 | 22 | 30 |
| 2035 | 7 | 16 |
| 2036 | -9 | 2 |
| 2037 | -26 | -12 |
| 2038 | -43 | -26 |
| 2039 | -60 | -40 |
| 2040 | -78 | -55 |
| 2041 | -96 | -70 |
| 2042 | -115 | -86 |
| 2043 | -135 | -101 |
| 2044 | -154 | -117 |
| 2045 | -174 | -132 |
| 2046 | -194 | -148 |
| 2047 | -215 | -164 |
| 2048 | -235 | -180 |
| 2049 | -256 | -195 |
| 2050 | -277 | -211 |
| 2051 | -299 | -227 |
| 2052 | -320 | -243 |
| 2053 | -342 | -259 |
| 2054 | -364 | -276 |
| 2055 | -386 | -292 |
| 2056 | -409 | -309 |
| 2057 | -431 | -325 |
| 2058 | -455 | -342 |
| 2059 | -478 | -360 |
| 2060 | -502 | -377 |
| 2061 | -527 | -395 |
| 2062 | -553 | -414 |
| 2063 | -579 | -433 |
| 2064 | -605 | -452 |
| 2065 | -632 | -472 |
| 2066 | -660 | -492 |
| 2067 | -688 | -513 |
| 2068 | -716 | -534 |
| 2069 | -745 | -555 |
| 2070 | -774 | -577 |
| 2071 | -803 | -599 |
| 2072 | -834 | -622 |
| 2073 | -864 | -645 |
| 2074 | -895 | -669 |
| 2075 | -927 | -693 |
| 2076 | -960 | -718 |
| 2077 | -993 | -743 |
| 2078 | -1027 | -769 |
| 2079 | -1062 | -796 |
| 2080 | -1098 | -823 |
| 2081 | -1134 | -851 |
| 2082 | -1172 | -879 |
| 2083 | -1209 | -908 |
| 2084 | -1248 | -937 |
| 2085 | -1287 | -967 |
| 2086 | -1327 | -998 |
| 2087 | -1368 | -1028 |
| 2088 | -1409 | -1059 |
| 2089 | -1450 | -1090 |
| 2090 | -1491 | -1121 |
| 2091 | -1532 | -1152 |
| 2092 | -1573 | -1182 |
| 2093 | -1612 | -1211 |
| 2094 | -1651 | -1240 |
| 2095 | -1689 | -1269 |
| 2096 | -1727 | -1297 |
| 2097 | -1764 | -1324 |
| 2098 | -1801 | -1352 |
| 2099 | -1838 | -1379 |
back