Proposed Provision: E1.10. Increase the payroll tax rate by 0.1 percentage point per year for 2027 through 2036 so that it equals 13.4 percent for 2036 and later. The increase would be split evenly between the employer and employee share, and would be split between OASI and DI in proportion to currently scheduled payroll tax rates.

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

Year Current Law Provision
2025169169
2026149149
2027131131
2028113114
20299597
20307881
20316066
20324352
20332638
2034925
2035-912
2036-27-1
2037-45-13
2038-63-26
2039-83-39
2040-102-53
2041-122-67
2042-143-82
2043-164-96
2044-185-111
2045-206-127
2046-228-142
2047-250-158
2048-272-174
2049-295-190
2050-317-206
2051-340-222
2052-363-239
2053-386-256
2054-409-273
2055-433-290
2056-457-308
2057-481-326
2058-505-344
2059-530-363
2060-556-382
2061-582-402
2062-609-423
2063-636-444
2064-664-465
2065-692-487
2066-721-509
2067-750-532
2068-780-555
2069-810-579
2070-840-602
2071-871-627
2072-903-651
2073-935-677
2074-967-703
2075-1000-729
2076-1035-756
2077-1070-784
2078-1106-813
2079-1142-842
2080-1180-872
2081-1219-902
2082-1258-933
2083-1298-965
2084-1338-997
2085-1380-1030
2086-1423-1064
2087-1466-1098
2088-1510-1133
2089-1554-1167
2090-1599-1202
2091-1643-1237
2092-1687-1271
2093-1731-1305
2094-1774-1339
2095-1816-1372
2096-1858-1404
2097-1900-1437
2098-1941-1469
2099-1982-1501
2100-2022-1532
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