Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2019 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 Present Law Provision
2016303303
2017293293
2018277277
2019262262
2020246247
2021231232
2022216217
2023200202
2024183186
2025165171
2026149155
2027132140
2028115125
202998111
20308196
20316481
20324666
20332751
2034835
2035-1120
2036-304
2037-50-12
2038-71-29
2039-91-45
2040-112-61
2041-133-78
2042-154-94
2043-176-110
2044-197-126
2045-218-142
2046-240-157
2047-262-173
2048-283-189
2049-305-204
2050-327-220
2051-349-235
2052-371-250
2053-393-265
2054-415-280
2055-437-295
2056-460-310
2057-482-326
2058-506-341
2059-529-358
2060-553-374
2061-578-391
2062-603-408
2063-628-426
2064-654-444
2065-680-462
2066-706-481
2067-733-500
2068-760-519
2069-788-539
2070-816-559
2071-845-580
2072-874-601
2073-905-623
2074-935-645
2075-967-668
2076-1000-692
2077-1033-716
2078-1068-741
2079-1102-766
2080-1138-791
2081-1173-817
2082-1208-842
2083-1243-868
2084-1279-893
2085-1314-919
2086-1349-944
2087-1384-969
2088-1419-995
2089-1455-1021
2090-1491-1048
2091-1528-1075
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