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:
E1.2: Increase the payroll tax rate (currently 12.4 percent) to 15.5 percent in 2030-2059, and to 18.6 percent in years 2060 and later.

 

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
201813.4912.93-0.56
287
0.000.000.00
201913.7012.95-0.75
273
0.000.000.00
202013.8512.96-0.89
259
0.000.000.00
202114.0212.99-1.03
245
0.000.000.00
202214.2613.02-1.23
230
0.000.000.00
202314.5413.05-1.50
215
0.000.000.00
202414.8313.08-1.74
199
0.000.000.00
202515.1013.10-2.00
182
0.000.000.00
202615.3713.14-2.24
165
0.000.000.00
202715.6213.15-2.47
148
0.000.000.00
202815.8513.17-2.69
130
0.000.000.00
202916.0713.18-2.88
112
0.000.000.00
203016.2715.97-0.29
94
0.002.782.78
203116.4416.12-0.32
92
-0.002.922.92
203216.6016.14-0.46
90
-0.012.922.92
203316.7316.14-0.59
88
-0.012.922.92
203416.8416.15-0.69
85
-0.012.922.93
203516.9216.16-0.76
82
-0.012.922.93
203616.9816.16-0.82
78
-0.012.922.93
203717.0116.17-0.84
74
-0.012.922.93
203817.0116.17-0.84
70
-0.012.922.93
203916.9916.17-0.82
66
-0.012.922.93
204016.9516.17-0.78
62
-0.012.922.93
204116.9016.17-0.73
59
-0.012.922.94
204216.8416.16-0.68
55
-0.022.922.94
204316.7916.16-0.63
52
-0.022.922.94
204416.7416.16-0.58
49
-0.022.922.94
204516.7016.16-0.54
46
-0.022.922.94
204616.6616.16-0.50
44
-0.022.922.95
204716.6216.16-0.46
42
-0.022.922.95
204816.5916.16-0.43
40
-0.032.922.95
204916.5616.16-0.40
38
-0.032.922.95
205016.5416.16-0.38
36
-0.032.922.96
205116.5216.16-0.36
34
-0.032.932.96
205216.5216.16-0.36
32
-0.042.932.96
205316.5316.16-0.37
30
-0.042.932.97
205416.5516.16-0.39
29
-0.042.932.97
205516.5716.16-0.41
27
-0.042.932.97
205616.6116.17-0.44
25
-0.052.932.98
205716.6516.17-0.48
22
-0.052.932.98
205816.6916.18-0.51
20
-0.052.932.98
205916.7316.18-0.55
17
-0.062.932.99
206016.7718.892.12
14
-0.065.645.70
206116.8119.032.22
27
-0.065.775.84
206216.8519.032.18
40
-0.075.785.84
206316.9019.042.14
53
-0.075.785.85
206416.9419.042.10
66
-0.085.785.85
206516.9919.052.06
79
-0.085.785.86
206617.0319.052.02
92
-0.085.785.86
206717.0819.061.98
105
-0.095.785.87
206817.1319.061.93
117
-0.095.785.87
206917.1819.071.89
129
-0.095.795.88
207017.2319.071.84
141
-0.105.795.89
207117.2719.081.81
153
-0.105.795.89
207217.3119.081.77
164
-0.115.795.90
207317.3419.091.75
176
-0.115.795.90
207417.3719.091.72
188
-0.115.805.91
207517.3919.091.71
199
-0.125.805.91
207617.4019.101.70
211
-0.125.805.92
207717.4019.101.70
223
-0.125.805.92
207817.4019.101.70
235
-0.135.805.93
207917.3919.101.71
248
-0.135.805.93
208017.3819.101.73
261
-0.135.815.94
208117.3719.111.74
273
-0.145.815.94
208217.3719.111.74
286
-0.145.815.95
208317.3719.111.74
299
-0.145.815.95
208417.3819.111.73
312
-0.145.815.96
208517.4019.121.71
325
-0.155.825.96
208617.4319.121.69
338
-0.155.825.97
208717.4619.121.66
351
-0.155.825.97
208817.5019.131.63
364
-0.165.825.98
208917.5419.131.59
376
-0.165.825.98
209017.5919.141.55
388
-0.165.835.99
209117.6319.141.51
401
-0.175.835.99
209217.6719.151.47
413
-0.175.836.00



 

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 16.62% 17.12% 0.51%
N/A
-0.05% 3.28% 3.33%
 
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