Proposed Provision: Increase the taxable maximum from $106,800 to $115,200 (in 2009 AWI-indexed dollars), phased in 2012-2014. Provide benefit credit for earnings up to the revised taxable maximum levels.
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 | 335 |
| 2015 | 328 | 330 |
| 2016 | 321 | 324 |
| 2017 | 314 | 318 |
| 2018 | 306 | 311 |
| 2019 | 296 | 302 |
| 2020 | 284 | 291 |
| 2021 | 272 | 280 |
| 2022 | 259 | 267 |
| 2023 | 245 | 254 |
| 2024 | 230 | 240 |
| 2025 | 214 | 226 |
| 2026 | 198 | 211 |
| 2027 | 181 | 195 |
| 2028 | 164 | 178 |
| 2029 | 145 | 160 |
| 2030 | 127 | 142 |
| 2031 | 107 | 124 |
| 2032 | 87 | 105 |
| 2033 | 67 | 85 |
| 2034 | 46 | 66 |
| 2035 | 25 | 45 |
| 2036 | 4 | 25 |
| 2037 | -18 | 4 |
| 2038 | -40 | -17 |
| 2039 | -62 | -38 |
| 2040 | -85 | -59 |
| 2041 | -108 | -81 |
| 2042 | -130 | -102 |
| 2043 | -153 | -124 |
| 2044 | -176 | -146 |
| 2045 | -200 | -168 |
| 2046 | -223 | -190 |
| 2047 | -247 | -212 |
| 2048 | -271 | -235 |
| 2049 | -295 | -258 |
| 2050 | -319 | -281 |
| 2051 | -343 | -304 |
| 2052 | -368 | -327 |
| 2053 | -393 | -351 |
| 2054 | -418 | -375 |
| 2055 | -443 | -399 |
| 2056 | -468 | -423 |
| 2057 | -494 | -448 |
| 2058 | -521 | -473 |
| 2059 | -548 | -498 |
| 2060 | -575 | -524 |
| 2061 | -602 | -551 |
| 2062 | -630 | -577 |
| 2063 | -659 | -604 |
| 2064 | -687 | -632 |
| 2065 | -716 | -659 |
| 2066 | -746 | -687 |
| 2067 | -775 | -715 |
| 2068 | -805 | -744 |
| 2069 | -835 | -773 |
| 2070 | -866 | -802 |
| 2071 | -897 | -832 |
| 2072 | -928 | -862 |
| 2073 | -960 | -892 |
| 2074 | -992 | -923 |
| 2075 | -1025 | -954 |
| 2076 | -1058 | -986 |
| 2077 | -1092 | -1019 |
| 2078 | -1126 | -1051 |
| 2079 | -1161 | -1085 |
| 2080 | -1196 | -1119 |
| 2081 | -1232 | -1153 |
| 2082 | -1268 | -1188 |
| 2083 | -1305 | -1223 |
| 2084 | -1342 | -1259 |
| 2085 | -1380 | -1295 |
| 2086 | -1419 | -1332 |
back