Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
Increase the payroll tax rate (currently 12.4 percent) to 15.2 percent in 2029-2058, and to 18.0 percent in years 2059 and later.

 

Financial Estimates for the OASDI Trust Fund Program

 
  Proposal
  Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

Trust fund
ratio as of
January 1
Expressed as a percentage of
present-law taxable payroll
Calendar
year
Cost
rate
Income
rate
Annual
balance

Cost
rate
Income
rate
Annual
balance
201614.0512.94-1.10
303
0.000.000.00
201713.7212.92-0.80
293
0.000.000.00
201813.8612.96-0.90
277
0.000.000.00
201913.9912.97-1.02
262
0.000.000.00
202014.1312.98-1.15
246
0.000.000.00
202114.2713.00-1.27
231
0.000.000.00
202214.4913.03-1.46
216
0.000.000.00
202314.7613.06-1.70
200
0.000.000.00
202415.0213.09-1.93
183
0.000.000.00
202515.2913.11-2.17
165
0.000.000.00
202615.4713.13-2.34
149
0.000.000.00
202715.6513.14-2.51
132
0.000.000.00
202815.8113.16-2.66
115
0.000.000.00
202915.9715.68-0.29
98
0.002.512.51
203016.1015.82-0.28
96
0.002.642.65
203116.2215.83-0.38
95
-0.012.642.65
203216.3215.84-0.48
93
-0.012.642.65
203316.4015.85-0.55
91
-0.012.642.65
203416.4615.85-0.60
88
-0.012.642.65
203516.4915.86-0.63
86
-0.012.642.65
203616.5515.87-0.68
83
-0.012.642.65
203716.5915.87-0.72
79
-0.012.642.65
203816.6015.87-0.73
76
-0.012.642.65
203916.6015.88-0.72
73
-0.012.642.66
204016.5815.88-0.70
69
-0.012.642.66
204116.5515.88-0.67
66
-0.012.652.66
204216.5215.88-0.64
63
-0.022.652.66
204316.4815.88-0.61
60
-0.022.652.66
204416.4515.88-0.57
57
-0.022.652.66
204516.4315.88-0.55
54
-0.022.652.67
204616.4015.88-0.53
52
-0.022.652.67
204716.3815.88-0.50
49
-0.022.652.67
204816.3615.88-0.48
47
-0.032.652.67
204916.3415.88-0.46
44
-0.032.652.68
205016.3315.88-0.45
42
-0.032.652.68
205116.3315.88-0.45
40
-0.032.652.68
205216.3415.88-0.45
38
-0.032.652.68
205316.3615.89-0.47
36
-0.042.652.69
205416.3915.89-0.50
33
-0.042.652.69
205516.4215.89-0.53
31
-0.042.652.69
205616.4615.90-0.57
28
-0.042.652.69
205716.5115.90-0.61
25
-0.052.652.70
205816.5615.91-0.65
21
-0.052.652.70
205916.6118.361.76
18
-0.055.105.16
206016.6518.501.85
29
-0.065.235.29
206116.7018.501.80
40
-0.065.245.30
206216.7418.511.76
51
-0.065.245.30
206316.7918.511.72
62
-0.075.245.30
206416.8418.521.68
72
-0.075.245.31
206516.8818.521.64
83
-0.075.245.31
206616.9318.521.59
93
-0.085.245.32
206716.9818.531.55
103
-0.085.245.32
206817.0318.531.50
113
-0.085.245.33
206917.0818.541.46
123
-0.095.255.33
207017.1318.541.42
133
-0.095.255.34
207117.1718.551.38
142
-0.095.255.34
207217.2118.551.34
151
-0.105.255.35
207317.2418.561.32
160
-0.105.255.35
207417.2718.561.29
169
-0.105.255.35
207517.2918.561.28
178
-0.115.255.36
207617.3018.571.27
188
-0.115.265.36
207717.3018.571.27
197
-0.115.265.37
207817.3018.571.27
207
-0.115.265.37
207917.2918.571.28
216
-0.125.265.38
208017.2818.571.29
226
-0.125.265.38
208117.2818.571.30
236
-0.125.265.39
208217.2818.581.30
246
-0.125.265.39
208317.2918.581.29
256
-0.135.275.39
208417.3118.581.27
266
-0.135.275.40
208517.3418.591.25
276
-0.135.275.40
208617.3718.591.22
286
-0.145.275.41
208717.4018.591.19
295
-0.145.275.41
208817.4418.601.15
305
-0.145.275.42
208917.4918.601.12
314
-0.145.285.42
209017.5318.611.08
323
-0.155.285.42
209117.5718.611.04
332
-0.155.285.43



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of reserve
depletion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2016 Trustees Report.
2016-2090 16.46% 16.83% 0.38%
N/A
-0.04% 2.99% 3.03%
 
1 Under present law, the year of Trust Fund reserve depletion is 2034.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified June 16, 2016