Proposed Provision: Raise the taxable maximum amount (the contribution and benefit base) to include 90 percent of total OASDI covered earnings. Phase in this increase gradually between 2012 and 2017. Benefit computations would reflect all earnings up to the new taxable maximum.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346346
2014341342
2015335341
2016330340
2017324340
2018317340
2019309339
2020299336
2021289332
2022277327
2023264321
2024251313
2025237305
2026221296
2027205286
2028189275
2029171264
2030154253
2031136241
2032117228
203398216
203479203
203559190
203639177
203719164
2038-1151
2039-21138
2040-42125
2041-63112
2042-8499
2043-10586
2044-12673
2045-14760
2046-16847
2047-18934
2048-21120
2049-2337
2050-255-7
2051-277-21
2052-299-34
2053-321-49
2054-344-63
2055-366-77
2056-389-92
2057-412-107
2058-436-123
2059-460-138
2060-485-154
2061-509-171
2062-534-187
2063-560-204
2064-586-222
2065-612-239
2066-638-257
2067-665-275
2068-692-294
2069-720-313
2070-748-332
2071-776-352
2072-805-372
2073-834-392
2074-864-413
2075-894-434
2076-925-456
2077-957-478
2078-989-501
2079-1021-524
2080-1054-548
2081-1087-571
2082-1121-596
2083-1156-621
2084-1191-646
2085-1227-672
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