Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2014, 12.9 percent in 2022, 13.3 in percent in 2032, 13.8 percent in 2042, 14.4 percent in 2062, and 14.5 percent in 2077.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2011 | 353 | 353 |
| 2012 | 347 | 347 |
| 2013 | 341 | 341 |
| 2014 | 334 | 334 |
| 2015 | 328 | 329 |
| 2016 | 321 | 324 |
| 2017 | 314 | 318 |
| 2018 | 306 | 311 |
| 2019 | 296 | 302 |
| 2020 | 284 | 292 |
| 2021 | 272 | 281 |
| 2022 | 259 | 269 |
| 2023 | 245 | 258 |
| 2024 | 230 | 246 |
| 2025 | 214 | 233 |
| 2026 | 198 | 220 |
| 2027 | 181 | 206 |
| 2028 | 164 | 191 |
| 2029 | 145 | 176 |
| 2030 | 127 | 160 |
| 2031 | 107 | 144 |
| 2032 | 87 | 127 |
| 2033 | 67 | 111 |
| 2034 | 46 | 96 |
| 2035 | 25 | 80 |
| 2036 | 4 | 65 |
| 2037 | -18 | 48 |
| 2038 | -40 | 32 |
| 2039 | -62 | 16 |
| 2040 | -85 | 0 |
| 2041 | -108 | -17 |
| 2042 | -130 | -33 |
| 2043 | -153 | -47 |
| 2044 | -176 | -61 |
| 2045 | -200 | -75 |
| 2046 | -223 | -89 |
| 2047 | -247 | -103 |
| 2048 | -271 | -117 |
| 2049 | -295 | -131 |
| 2050 | -319 | -145 |
| 2051 | -343 | -159 |
| 2052 | -368 | -173 |
| 2053 | -393 | -187 |
| 2054 | -418 | -202 |
| 2055 | -443 | -217 |
| 2056 | -468 | -232 |
| 2057 | -494 | -247 |
| 2058 | -521 | -262 |
| 2059 | -548 | -278 |
| 2060 | -575 | -294 |
| 2061 | -602 | -310 |
| 2062 | -630 | -327 |
| 2063 | -659 | -341 |
| 2064 | -687 | -354 |
| 2065 | -716 | -368 |
| 2066 | -746 | -382 |
| 2067 | -775 | -396 |
| 2068 | -805 | -410 |
| 2069 | -835 | -425 |
| 2070 | -866 | -440 |
| 2071 | -897 | -455 |
| 2072 | -928 | -470 |
| 2073 | -960 | -486 |
| 2074 | -992 | -501 |
| 2075 | -1025 | -518 |
| 2076 | -1058 | -534 |
| 2077 | -1092 | -552 |
| 2078 | -1126 | -568 |
| 2079 | -1161 | -585 |
| 2080 | -1196 | -603 |
| 2081 | -1232 | -621 |
| 2082 | -1268 | -639 |
| 2083 | -1305 | -657 |
| 2084 | -1342 | -676 |
| 2085 | -1380 | -695 |
| 2086 | -1419 | -715 |
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