Detailed Single Year Tables
Description of 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.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2026 | 15.37 | 12.91 | -2.45 | 151 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.62 | 12.85 | -2.77 | 131 | 0.00 | 0.00 | 0.00 | ||
| 2028 | 15.70 | 13.01 | -2.69 | 111 | 0.00 | 0.00 | 0.00 | ||
| 2029 | 15.74 | 13.11 | -2.63 | 92 | 0.00 | 0.05 | 0.05 | ||
| 2030 | 15.74 | 13.16 | -2.58 | 74 | -0.00 | 0.09 | 0.09 | ||
| 2031 | 15.72 | 13.22 | -2.50 | 58 | -0.00 | 0.13 | 0.13 | ||
| 2032 | 15.72 | 13.27 | -2.45 | 42 | -0.00 | 0.18 | 0.18 | ||
| 2033 | 15.72 | 13.35 | -2.37 | 26 | -0.00 | 0.22 | 0.22 | ||
| 2034 | 15.74 | 13.39 | -2.34 | 11 | -0.00 | 0.26 | 0.26 | ||
| 2035 | 15.77 | 13.46 | -2.31 | — | -0.00 | 0.29 | 0.29 | ||
| 2036 | 15.85 | 13.51 | -2.35 | — | -0.00 | 0.33 | 0.33 | ||
| 2037 | 15.95 | 13.55 | -2.40 | — | -0.00 | 0.37 | 0.37 | ||
| 2038 | 16.04 | 13.59 | -2.45 | — | -0.00 | 0.41 | 0.41 | ||
| 2039 | 16.13 | 13.64 | -2.49 | — | -0.00 | 0.44 | 0.45 | ||
| 2040 | 16.20 | 13.67 | -2.53 | — | -0.00 | 0.47 | 0.48 | ||
| 2041 | 16.27 | 13.71 | -2.55 | — | -0.00 | 0.51 | 0.52 | ||
| 2042 | 16.34 | 13.75 | -2.58 | — | -0.00 | 0.54 | 0.55 | ||
| 2043 | 16.41 | 13.79 | -2.62 | — | -0.01 | 0.57 | 0.58 | ||
| 2044 | 16.49 | 13.83 | -2.66 | — | -0.01 | 0.61 | 0.62 | ||
| 2045 | 16.57 | 13.86 | -2.70 | — | -0.01 | 0.64 | 0.65 | ||
| 2046 | 16.63 | 13.89 | -2.73 | — | -0.01 | 0.67 | 0.68 | ||
| 2047 | 16.69 | 13.93 | -2.76 | — | -0.01 | 0.70 | 0.71 | ||
| 2048 | 16.76 | 13.97 | -2.79 | — | -0.01 | 0.73 | 0.74 | ||
| 2049 | 16.83 | 14.00 | -2.83 | — | -0.01 | 0.76 | 0.77 | ||
| 2050 | 16.92 | 14.03 | -2.88 | — | -0.01 | 0.78 | 0.80 | ||
| 2051 | 17.00 | 14.07 | -2.94 | — | -0.01 | 0.81 | 0.83 | ||
| 2052 | 17.11 | 14.10 | -3.01 | — | -0.02 | 0.84 | 0.86 | ||
| 2053 | 17.22 | 14.13 | -3.09 | — | -0.02 | 0.87 | 0.88 | ||
| 2054 | 17.33 | 14.17 | -3.17 | — | -0.02 | 0.89 | 0.91 | ||
| 2055 | 17.46 | 14.20 | -3.26 | — | -0.02 | 0.92 | 0.94 | ||
| 2056 | 17.59 | 14.23 | -3.36 | — | -0.02 | 0.94 | 0.96 | ||
| 2057 | 17.72 | 14.26 | -3.46 | — | -0.02 | 0.96 | 0.99 | ||
| 2058 | 17.86 | 14.30 | -3.56 | — | -0.02 | 0.99 | 1.01 | ||
| 2059 | 17.99 | 14.33 | -3.66 | — | -0.02 | 1.01 | 1.04 | ||
| 2060 | 18.12 | 14.36 | -3.76 | — | -0.03 | 1.04 | 1.06 | ||
| 2061 | 18.25 | 14.39 | -3.85 | — | -0.03 | 1.06 | 1.09 | ||
| 2062 | 18.37 | 14.42 | -3.94 | — | -0.03 | 1.08 | 1.11 | ||
| 2063 | 18.49 | 14.45 | -4.03 | — | -0.03 | 1.11 | 1.13 | ||
| 2064 | 18.60 | 14.48 | -4.12 | — | -0.03 | 1.13 | 1.16 | ||
| 2065 | 18.71 | 14.49 | -4.22 | — | -0.03 | 1.13 | 1.16 | ||
| 2066 | 18.83 | 14.50 | -4.33 | — | -0.03 | 1.13 | 1.16 | ||
| 2067 | 18.94 | 14.51 | -4.43 | — | -0.03 | 1.13 | 1.16 | ||
| 2068 | 19.05 | 14.51 | -4.54 | — | -0.03 | 1.13 | 1.16 | ||
| 2069 | 19.17 | 14.52 | -4.65 | — | -0.03 | 1.13 | 1.16 | ||
| 2070 | 19.29 | 14.53 | -4.76 | — | -0.03 | 1.13 | 1.17 | ||
| 2071 | 19.41 | 14.54 | -4.87 | — | -0.03 | 1.13 | 1.17 | ||
| 2072 | 19.53 | 14.55 | -4.98 | — | -0.03 | 1.13 | 1.17 | ||
| 2073 | 19.64 | 14.56 | -5.09 | — | -0.03 | 1.13 | 1.17 | ||
| 2074 | 19.76 | 14.56 | -5.19 | — | -0.04 | 1.14 | 1.17 | ||
| 2075 | 19.86 | 14.57 | -5.29 | — | -0.04 | 1.14 | 1.17 | ||
| 2076 | 19.96 | 14.58 | -5.38 | — | -0.04 | 1.14 | 1.17 | ||
| 2077 | 20.05 | 14.59 | -5.46 | — | -0.04 | 1.14 | 1.17 | ||
| 2078 | 20.13 | 14.59 | -5.54 | — | -0.04 | 1.14 | 1.17 | ||
| 2079 | 20.19 | 14.60 | -5.60 | — | -0.04 | 1.14 | 1.18 | ||
| 2080 | 20.25 | 14.60 | -5.65 | — | -0.04 | 1.14 | 1.18 | ||
| 2081 | 20.30 | 14.61 | -5.70 | — | -0.04 | 1.14 | 1.18 | ||
| 2082 | 20.35 | 14.61 | -5.74 | — | -0.04 | 1.14 | 1.18 | ||
| 2083 | 20.38 | 14.61 | -5.77 | — | -0.04 | 1.14 | 1.18 | ||
| 2084 | 20.40 | 14.62 | -5.79 | — | -0.04 | 1.14 | 1.18 | ||
| 2085 | 20.41 | 14.62 | -5.80 | — | -0.04 | 1.14 | 1.18 | ||
| 2086 | 20.41 | 14.62 | -5.80 | — | -0.04 | 1.14 | 1.18 | ||
| 2087 | 20.40 | 14.62 | -5.78 | — | -0.04 | 1.14 | 1.18 | ||
| 2088 | 20.38 | 14.62 | -5.76 | — | -0.04 | 1.14 | 1.18 | ||
| 2089 | 20.35 | 14.62 | -5.73 | — | -0.04 | 1.15 | 1.18 | ||
| 2090 | 20.31 | 14.62 | -5.70 | — | -0.04 | 1.15 | 1.18 | ||
| 2091 | 20.27 | 14.61 | -5.66 | — | -0.04 | 1.15 | 1.18 | ||
| 2092 | 20.23 | 14.61 | -5.62 | — | -0.04 | 1.15 | 1.18 | ||
| 2093 | 20.19 | 14.61 | -5.58 | — | -0.04 | 1.15 | 1.18 | ||
| 2094 | 20.15 | 14.61 | -5.54 | — | -0.04 | 1.15 | 1.18 | ||
| 2095 | 20.11 | 14.61 | -5.51 | — | -0.04 | 1.15 | 1.19 | ||
| 2096 | 20.08 | 14.61 | -5.47 | — | -0.03 | 1.15 | 1.19 | ||
| 2097 | 20.05 | 14.61 | -5.44 | — | -0.03 | 1.15 | 1.19 | ||
| 2098 | 20.02 | 14.61 | -5.42 | — | -0.03 | 1.15 | 1.19 | ||
| 2099 | 20.00 | 14.61 | -5.40 | — | -0.03 | 1.15 | 1.19 | ||
| 2100 | 19.99 | 14.61 | -5.38 | — | -0.03 | 1.15 | 1.19 | ||
| 2101 | 19.98 | 14.61 | -5.38 | — | -0.03 | 1.15 | 1.19 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 18.08% | 14.47% | -3.61% | 2034 | -0.02% | 0.79% | 0.81% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2026 Trustees Report.