Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.7 percent in 2014, 13.0 percent in 2027, 13.3 in percent in 2042, 14.0 percent in 2062, 14.5 percent in 2072, and 14.7 percent in 2082.

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

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328329
2016321325
2017314320
2018306314
2019296305
2020284296
2021272285
2022259274
2023245261
2024230248
2025214235
2026198220
2027181205
2028164191
2029145176
2030127161
2031107145
203287128
203367112
20344695
20352577
2036460
2037-1842
2038-4024
2039-626
2040-85-12
2041-108-30
2042-130-49
2043-153-66
2044-176-82
2045-200-99
2046-223-116
2047-247-133
2048-271-151
2049-295-168
2050-319-185
2051-343-203
2052-368-220
2053-393-238
2054-418-256
2055-443-274
2056-468-293
2057-494-312
2058-521-331
2059-548-350
2060-575-370
2061-602-390
2062-630-410
2063-659-427
2064-687-444
2065-716-461
2066-746-478
2067-775-496
2068-805-513
2069-835-531
2070-866-550
2071-897-568
2072-928-587
2073-960-603
2074-992-620
2075-1025-637
2076-1058-655
2077-1092-673
2078-1126-691
2079-1161-709
2080-1196-728
2081-1232-747
2082-1268-767
2083-1305-786
2084-1342-805
2085-1380-825
2086-1419-845
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