Proposed Provision: E3.6. Increase the taxable maximum each year by an additional 2 percent beginning in 2029 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
2026151151
2027131131
2028111111
20299292
20307474
20315758
20324042
20332326
2034711
2035-9-3
2036-25-17
2037-41-32
2038-58-46
2039-76-61
2040-94-77
2041-112-92
2042-132-108
2043-151-124
2044-171-141
2045-192-158
2046-213-175
2047-234-192
2048-256-210
2049-279-227
2050-301-245
2051-324-263
2052-347-281
2053-371-300
2054-395-319
2055-420-338
2056-445-357
2057-470-377
2058-496-397
2059-522-418
2060-550-439
2061-578-461
2062-607-484
2063-636-507
2064-666-530
2065-697-555
2066-729-579
2067-761-605
2068-794-631
2069-827-657
2070-861-685
2071-896-712
2072-931-741
2073-967-770
2074-1004-800
2075-1042-831
2076-1081-863
2077-1121-895
2078-1162-929
2079-1204-964
2080-1248-1000
2081-1292-1036
2082-1337-1073
2083-1384-1111
2084-1431-1150
2085-1480-1190
2086-1530-1231
2087-1581-1273
2088-1633-1316
2089-1686-1360
2090-1740-1404
2091-1795-1449
2092-1850-1494
2093-1906-1540
2094-1962-1586
2095-2019-1632
2096-2075-1679
2097-2132-1725
2098-2189-1772
2099-2246-1818
2100-2303-1864
2101-2359-1910
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