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:
E3.14: Eliminate the taxable maximum for the employer payroll tax (6.2 percent) beginning in 2018. For the employee payroll tax (6.2 percent) and for benefit credit purposes, beginning in 2018, increase the taxable maximum by an additional 2 percent per year until taxable earnings equal 90 percent of covered earnings.

 

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
201713.4113.03-0.38
298
0.000.000.00
201813.4914.050.56
287
0.001.121.12
201913.7014.150.45
281
-0.001.201.21
202013.8514.190.34
275
-0.001.231.23
202114.0114.240.23
269
-0.001.251.25
202214.2514.290.04
262
-0.001.271.27
202314.5414.32-0.22
254
-0.001.281.28
202414.8214.38-0.45
246
-0.001.291.30
202515.0914.41-0.68
236
-0.001.311.31
202615.3714.46-0.91
226
-0.001.331.33
202715.6114.49-1.12
216
-0.001.341.35
202815.8514.53-1.32
205
-0.001.361.36
202916.0614.56-1.51
195
-0.001.381.38
203016.2614.59-1.68
184
-0.001.391.39
203116.4514.62-1.83
174
-0.001.411.41
203216.6114.64-1.96
163
0.001.421.42
203316.7414.67-2.08
152
0.001.441.44
203416.8514.69-2.16
141
0.001.451.45
203516.9314.71-2.22
129
0.011.471.46
203617.0014.73-2.27
117
0.011.481.48
203717.0314.74-2.29
105
0.011.501.49
203817.0314.76-2.27
93
0.011.511.50
203917.0114.77-2.24
81
0.021.521.51
204016.9814.79-2.19
69
0.021.541.52
204116.9414.80-2.14
58
0.021.551.53
204216.8914.81-2.08
46
0.031.561.54
204316.8414.82-2.02
34
0.031.581.55
204416.7914.83-1.96
23
0.031.591.56
204516.7614.84-1.92
12
0.041.601.56
204616.7214.85-1.87
1
0.041.611.57
204716.6914.86-1.83
----
0.051.631.58
204816.6714.87-1.80
----
0.051.641.58
204916.6514.88-1.77
----
0.061.651.59
205016.6314.89-1.74
----
0.071.661.60
205116.6314.90-1.72
----
0.071.671.60
205216.6414.92-1.72
----
0.081.681.61
205316.6614.93-1.73
----
0.091.701.61
205416.6814.93-1.75
----
0.091.701.60
205516.7214.94-1.79
----
0.101.701.60
205616.7714.94-1.83
----
0.111.701.59
205716.8214.95-1.87
----
0.121.701.58
205816.8714.95-1.92
----
0.131.701.58
205916.9214.96-1.97
----
0.141.711.57
206016.9814.96-2.01
----
0.151.711.56
206117.0314.97-2.06
----
0.161.711.55
206217.0914.97-2.12
----
0.171.711.55
206317.1514.98-2.17
----
0.181.711.54
206417.2014.98-2.22
----
0.191.721.53
206517.2614.99-2.27
----
0.191.721.52
206617.3214.99-2.33
----
0.201.721.52
206717.3815.00-2.38
----
0.211.721.51
206817.4515.00-2.44
----
0.221.731.50
206917.5115.01-2.50
----
0.231.731.49
207017.5715.02-2.56
----
0.241.731.49
207117.6315.02-2.61
----
0.251.731.48
207217.6815.03-2.65
----
0.261.741.47
207317.7215.03-2.69
----
0.271.741.46
207417.7615.03-2.73
----
0.281.741.46
207517.7915.04-2.76
----
0.291.741.45
207617.8215.04-2.78
----
0.301.741.44
207717.8315.04-2.79
----
0.311.751.44
207817.8415.05-2.79
----
0.311.751.43
207917.8415.05-2.79
----
0.321.751.43
208017.8415.05-2.79
----
0.331.751.42
208117.8415.05-2.79
----
0.341.751.42
208217.8515.05-2.79
----
0.341.761.41
208317.8615.06-2.81
----
0.351.761.41
208417.8815.06-2.82
----
0.351.761.41
208517.9115.06-2.85
----
0.361.761.40
208617.9515.06-2.88
----
0.371.761.40
208717.9915.07-2.92
----
0.371.771.39
208818.0415.07-2.96
----
0.381.771.39
208918.0915.08-3.01
----
0.391.771.38
209018.1415.08-3.06
----
0.391.771.38
209118.1915.09-3.10
----
0.401.771.38
209218.2415.09-3.15
----
0.401.771.37



 

Summarized Estimates

 
  Proposal
  Change from Current 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 2017 Trustees Report.
2017-2091 16.78% 15.39% -1.39%
2046
0.12% 1.55% 1.43%
 
1 Under current 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 July 13, 2017