Proposed Provision: Provide for OASDI payroll tax coverage of employer provided group health insurance cost, starting in 2010. Specifically, any cost toward such group health insurance borne by employees would cease to be deductible, and the cost borne by employers would now be allocated to employees as if it had been wages, for the purpose of payroll tax (and later, benefit) calculations. Both employee and employer OASDI payroll taxes would be affected by this proposal.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2008359359
2009369369
2010378378
2011386395
2012392408
2013394418
2014395426
2015393433
2016390438
2017385441
2018378444
2019371445
2020361445
2021351443
2022341441
2023329438
2024316434
2025302428
2026287422
2027272415
2028256408
2029239399
2030221390
2031203381
2032185371
2033166362
2034147352
2035127342
2036108333
203788323
203867313
203947304
204026294
20416285
2042-15276
2043-36266
2044-57257
2045-78248
2046-100238
2047-121229
2048-143219
2049-165209
2050-187200
2051-209190
2052-232179
2053-254169
2054-277158
2055-300147
2056-324136
2057-347125
2058-372113
2059-396101
2060-42189
2061-44776
2062-47264
2063-49851
2064-52538
2065-55225
2066-57911
2067-607-3
2068-635-17
2069-664-31
2070-693-46
2071-722-60
2072-752-76
2073-782-91
2074-813-107
2075-845-123
2076-876-139
2077-909-155
2078-942-172
2079-975-189
2080-1009-207
2081-1044-225
2082-1079-243
2083-1114-261
2084-1151-281
2085-1188-300
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