Detailed Single Year Tables

Payroll Taxes (including maximum taxable)

Description of Proposed Provision:
Make all earnings subject to the employer OASDI payroll tax beginning in 2010. For the employee OASDI payroll tax and for benefit calculation purposes, the taxable maximum would equal the present-law taxable maximum for years 2009 and earlier. Beginning in 2010, the taxable maximum would be raised each year by an additional 2 percent over the current-law, wage-indexed amount until earnings subject to payroll taxes equals 90 percent of all covered earnings.

Financial Estimates for the OASDI Trust Fund Program
	Percentage of taxable payroll			Trust fund ratio as of January 1
Calendar year	Cost rate	Income rate	Annual balance	Trust fund ratio as of January 1
2009	12.35	12.83	0.48	354
2010	12.50	13.90	1.40	360
2011	12.37	14.00	1.63	374
2012	12.24	14.00	1.76	385
2013	12.38	14.08	1.70	393
2014	12.62	14.13	1.51	398
2015	12.87	14.19	1.31	402
2016	13.18	14.23	1.05	405
2017	13.49	14.27	0.78	406
2018	13.83	14.31	0.49	405
2019	14.16	14.35	0.19	402
2020	14.50	14.39	-0.11	399
2021	14.81	14.43	-0.38	394
2022	15.09	14.46	-0.63	389
2023	15.37	14.50	-0.87	383
2024	15.62	14.53	-1.10	376
2025	15.86	14.56	-1.30	369
2026	16.08	14.59	-1.49	361
2027	16.29	14.62	-1.67	352
2028	16.48	14.65	-1.83	343
2029	16.63	14.67	-1.96	334
2030	16.77	14.70	-2.08	324
2031	16.89	14.72	-2.17	314
2032	16.98	14.74	-2.24	304
2033	17.05	14.76	-2.29	293
2034	17.10	14.78	-2.32	283
2035	17.13	14.80	-2.33	273
2036	17.15	14.82	-2.33	263
2037	17.15	14.83	-2.31	253
2038	17.13	14.85	-2.28	243
2039	17.09	14.86	-2.23	233
2040	17.05	14.87	-2.17	224
2041	17.00	14.88	-2.11	215
2042	16.95	14.90	-2.06	206
2043	16.91	14.91	-2.00	197
2044	16.87	14.92	-1.95	188
2045	16.83	14.93	-1.90	180
2046	16.81	14.94	-1.87	171
2047	16.79	14.94	-1.84	162
2048	16.77	14.95	-1.82	154
2049	16.74	14.95	-1.80	145
2050	16.73	14.95	-1.78	137
2051	16.73	14.95	-1.77	128
2052	16.73	14.96	-1.77	119
2053	16.74	14.96	-1.78	110
2054	16.76	14.97	-1.79	101
2055	16.78	14.97	-1.81	92
2056	16.81	14.97	-1.84	82
2057	16.84	14.98	-1.87	72
2058	16.88	14.98	-1.89	62
2059	16.91	14.99	-1.92	52
2060	16.94	14.99	-1.95	41
2061	16.97	15.00	-1.97	30
2062	17.00	15.00	-2.00	19
2063	17.04	15.01	-2.03	8
2064	17.07	15.01	-2.06	----
2065	17.11	15.02	-2.10	----
2066	17.16	15.02	-2.13	----
2067	17.20	15.03	-2.17	----
2068	17.25	15.03	-2.21	----
2069	17.30	15.04	-2.26	----
2070	17.35	15.04	-2.30	----
2071	17.40	15.05	-2.35	----
2072	17.45	15.05	-2.39	----
2073	17.50	15.06	-2.44	----
2074	17.55	15.07	-2.49	----
2075	17.61	15.07	-2.54	----
2076	17.66	15.08	-2.59	----
2077	17.72	15.08	-2.64	----
2078	17.77	15.09	-2.69	----
2079	17.83	15.09	-2.74	----
2080	17.89	15.10	-2.79	----
2081	17.95	15.10	-2.85	----
2082	18.01	15.11	-2.90	----
2083	18.07	15.11	-2.95	----
2084	18.12	15.12	-3.00	----

Summarized Rates
Years	Cost rate	Income rate	Actuarial balance	Change in actuarial balance

Estimates based on the Intermediate Assumptions of the 2009 Trustees Report
2009-2083	16.12%	15.53%	-0.60%	1.41%


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