Proposed Provision: F2. Starting in 2027, 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
2026151151
2027131131
2028111107
20299284
20307462
20315740
20324020
203323-1
20347-21
2035-9-42
2036-25-62
2037-41-83
2038-58-105
2039-76-127
2040-94-150
2041-112-173
2042-132-197
2043-151-222
2044-171-247
2045-192-273
2046-213-300
2047-234-327
2048-256-354
2049-279-382
2050-301-411
2051-324-439
2052-347-468
2053-371-498
2054-395-528
2055-420-558
2056-445-588
2057-470-620
2058-496-651
2059-522-684
2060-550-717
2061-578-751
2062-607-786
2063-636-821
2064-666-858
2065-697-895
2066-729-933
2067-761-972
2068-794-1011
2069-827-1051
2070-861-1092
2071-896-1133
2072-931-1176
2073-967-1218
2074-1004-1262
2075-1042-1307
2076-1081-1354
2077-1121-1401
2078-1162-1450
2079-1204-1500
2080-1248-1552
2081-1292-1604
2082-1337-1658
2083-1384-1713
2084-1431-1769
2085-1480-1827
2086-1530-1887
2087-1581-1947
2088-1633-2010
2089-1686-2073
2090-1740-2137
2091-1795-2203
2092-1850-2269
2093-1906-2335
2094-1962-2403
2095-2019-2470
2096-2075-2538
2097-2132-2606
2098-2189-2674
2099-2246-2743
2100-2303-2811
2101-2359-2878
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