Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2014 until taxable earnings equal 90 percent of covered earnings. Do not provide benefit credit for additional earnings taxed.
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 | 328 |
| 2016 | 321 | 322 |
| 2017 | 314 | 315 |
| 2018 | 306 | 308 |
| 2019 | 296 | 300 |
| 2020 | 284 | 290 |
| 2021 | 272 | 279 |
| 2022 | 259 | 268 |
| 2023 | 245 | 256 |
| 2024 | 230 | 244 |
| 2025 | 214 | 231 |
| 2026 | 198 | 218 |
| 2027 | 181 | 203 |
| 2028 | 164 | 189 |
| 2029 | 145 | 174 |
| 2030 | 127 | 158 |
| 2031 | 107 | 143 |
| 2032 | 87 | 127 |
| 2033 | 67 | 110 |
| 2034 | 46 | 94 |
| 2035 | 25 | 77 |
| 2036 | 4 | 61 |
| 2037 | -18 | 44 |
| 2038 | -40 | 27 |
| 2039 | -62 | 11 |
| 2040 | -85 | -6 |
| 2041 | -108 | -23 |
| 2042 | -130 | -39 |
| 2043 | -153 | -55 |
| 2044 | -176 | -72 |
| 2045 | -200 | -88 |
| 2046 | -223 | -104 |
| 2047 | -247 | -120 |
| 2048 | -271 | -137 |
| 2049 | -295 | -153 |
| 2050 | -319 | -169 |
| 2051 | -343 | -185 |
| 2052 | -368 | -201 |
| 2053 | -393 | -217 |
| 2054 | -418 | -234 |
| 2055 | -443 | -250 |
| 2056 | -468 | -267 |
| 2057 | -494 | -284 |
| 2058 | -521 | -302 |
| 2059 | -548 | -319 |
| 2060 | -575 | -337 |
| 2061 | -602 | -355 |
| 2062 | -630 | -374 |
| 2063 | -659 | -393 |
| 2064 | -687 | -411 |
| 2065 | -716 | -431 |
| 2066 | -746 | -450 |
| 2067 | -775 | -470 |
| 2068 | -805 | -489 |
| 2069 | -835 | -509 |
| 2070 | -866 | -530 |
| 2071 | -897 | -550 |
| 2072 | -928 | -572 |
| 2073 | -960 | -593 |
| 2074 | -992 | -614 |
| 2075 | -1025 | -637 |
| 2076 | -1058 | -659 |
| 2077 | -1092 | -682 |
| 2078 | -1126 | -705 |
| 2079 | -1161 | -729 |
| 2080 | -1196 | -753 |
| 2081 | -1232 | -777 |
| 2082 | -1268 | -802 |
| 2083 | -1305 | -828 |
| 2084 | -1342 | -853 |
| 2085 | -1380 | -879 |
| 2086 | -1419 | -906 |
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