Detailed Single Year Tables

Description of Proposed Provision:
E2.14: Apply OASDI 12.4 percent payroll tax rate on earnings above $250,000 starting in 2027, and tax all earnings once the current-law taxable maximum exceeds $250,000. Provide benefit credit for earnings above the current-law taxable maximum that are subject to the payroll tax, using a secondary PIA formula. This secondary PIA formula involves: (1) an "AIME+" derived from annual earnings from each year after 2026 that were in excess of that year's current-law taxable maximum; and (2) a formula factor of 2 percent on this newly computed "AIME+".

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
202515.1512.80-2.35
169
0.000.000.00
202615.2913.03-2.25
149
0.000.000.00
202715.4815.00-0.48
131
0.001.911.91
202815.5915.17-0.41
125
-0.002.062.06
202915.6915.27-0.42
120
-0.002.132.13
203015.8015.35-0.44
115
-0.002.202.20
203115.9115.45-0.46
110
0.002.272.27
203216.0115.55-0.46
106
0.012.352.34
203315.8815.67-0.21
103
-0.192.432.62
203416.1215.77-0.36
101
-0.022.502.52
203516.2115.78-0.43
98
-0.022.502.52
203616.3115.79-0.52
95
-0.022.502.52
203716.4015.80-0.60
92
-0.022.502.52
203816.4715.81-0.66
89
-0.022.512.53
203916.5315.82-0.71
85
-0.022.512.53
204016.5815.82-0.76
82
-0.022.512.53
204116.6215.83-0.79
78
-0.032.512.53
204216.6515.83-0.82
73
-0.032.512.53
204316.6815.84-0.84
69
-0.032.512.54
204416.7115.84-0.87
64
-0.032.512.54
204516.7415.84-0.90
60
-0.032.512.54
204616.7715.85-0.92
55
-0.032.512.54
204716.8115.85-0.95
50
-0.032.512.54
204816.8515.86-0.99
45
-0.032.512.54
204916.9015.86-1.03
39
-0.032.512.54
205016.9515.87-1.08
34
-0.032.512.54
205117.0015.88-1.12
28
-0.022.512.54
205217.0615.88-1.18
21
-0.022.512.54
205317.1315.89-1.24
15
-0.022.522.53
205417.2015.90-1.31
8
-0.022.522.53
205517.2915.90-1.38
1
-0.012.522.53
205617.3815.91-1.46
—
-0.012.522.53
205717.4715.92-1.55
—
-0.002.522.53
205817.5715.93-1.64
—
-0.002.522.52
205917.6615.94-1.73
—
0.002.522.52
206017.7515.95-1.80
—
0.012.522.52
206117.8315.95-1.88
—
0.012.532.51
206217.9115.96-1.95
—
0.022.532.51
206317.9915.97-2.02
—
0.022.532.50
206418.0615.98-2.08
—
0.032.532.50
206518.1315.98-2.15
—
0.032.532.50
206618.2115.99-2.22
—
0.042.532.49
206718.2816.00-2.28
—
0.042.532.49
206818.3616.00-2.35
—
0.052.532.48
206918.4416.01-2.42
—
0.062.532.48
207018.5216.02-2.50
—
0.062.542.48
207118.5916.03-2.57
—
0.072.542.47
207218.6716.03-2.64
—
0.072.542.47
207318.7516.04-2.71
—
0.072.542.46
207418.8216.05-2.77
—
0.082.542.46
207518.8816.05-2.83
—
0.082.542.46
207618.9416.06-2.88
—
0.092.542.45
207718.9816.06-2.92
—
0.092.542.45
207819.0216.07-2.95
—
0.092.542.45
207919.0416.07-2.97
—
0.102.542.45
208019.0516.07-2.98
—
0.102.542.45
208119.0616.07-2.99
—
0.102.552.44
208219.0516.08-2.98
—
0.102.552.44
208319.0416.08-2.96
—
0.112.552.44
208419.0216.08-2.94
—
0.112.552.44
208518.9816.07-2.90
—
0.112.552.44
208618.9316.07-2.86
—
0.112.552.44
208718.8816.07-2.81
—
0.112.552.44
208818.8216.07-2.75
—
0.112.552.44
208918.7516.06-2.69
—
0.112.552.44
209018.6916.06-2.63
—
0.112.552.44
209118.6316.06-2.57
—
0.112.552.44
209218.5816.05-2.52
—
0.112.552.44
209318.5316.05-2.48
—
0.112.552.44
209418.5016.05-2.45
—
0.112.552.44
209518.4716.05-2.42
—
0.112.552.44
209618.4516.05-2.41
—
0.112.552.44
209718.4416.05-2.40
—
0.112.552.44
209818.4416.05-2.39
—
0.112.552.44
209918.4516.05-2.40
—
0.112.562.44
210018.4716.05-2.42
—
0.112.562.44

Summarized Estimates

Proposal Change from Current Law
Years Cost
rate		 Income
rate		 Actuarial
balance		 Year of reserve
depletion1		 Cost
rate		 Income
rate		 Actuarial
balance
2025-2099 17.64% 16.20% -1.44% 2055 0.03% 2.41% 2.39%

1 Under current law, the year of Trust Fund reserve depletion is 2034.
Based on Intermediate Assumptions of the 2025 Trustees Report.