Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2016, 12.9 percent in 2024, 13.3 in percent in 2034, 13.8 percent in 2044, 14.4 percent in 2064, and 14.5 percent in 2079 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2013 | 330 | 330 |
| 2014 | 315 | 315 |
| 2015 | 301 | 301 |
| 2016 | 286 | 286 |
| 2017 | 271 | 272 |
| 2018 | 257 | 260 |
| 2019 | 244 | 248 |
| 2020 | 231 | 236 |
| 2021 | 218 | 224 |
| 2022 | 204 | 211 |
| 2023 | 189 | 197 |
| 2024 | 173 | 183 |
| 2025 | 158 | 170 |
| 2026 | 142 | 157 |
| 2027 | 125 | 143 |
| 2028 | 108 | 129 |
| 2029 | 90 | 114 |
| 2030 | 71 | 98 |
| 2031 | 52 | 82 |
| 2032 | 31 | 65 |
| 2033 | 11 | 47 |
| 2034 | -11 | 29 |
| 2035 | -32 | 12 |
| 2036 | -55 | -5 |
| 2037 | -78 | -22 |
| 2038 | -101 | -39 |
| 2039 | -124 | -57 |
| 2040 | -148 | -75 |
| 2041 | -172 | -93 |
| 2042 | -196 | -111 |
| 2043 | -220 | -129 |
| 2044 | -245 | -147 |
| 2045 | -269 | -163 |
| 2046 | -294 | -178 |
| 2047 | -319 | -194 |
| 2048 | -345 | -210 |
| 2049 | -371 | -226 |
| 2050 | -397 | -242 |
| 2051 | -423 | -259 |
| 2052 | -449 | -275 |
| 2053 | -476 | -292 |
| 2054 | -502 | -308 |
| 2055 | -530 | -325 |
| 2056 | -557 | -343 |
| 2057 | -585 | -360 |
| 2058 | -613 | -379 |
| 2059 | -642 | -397 |
| 2060 | -671 | -416 |
| 2061 | -701 | -435 |
| 2062 | -732 | -455 |
| 2063 | -763 | -475 |
| 2064 | -794 | -496 |
| 2065 | -826 | -514 |
| 2066 | -859 | -532 |
| 2067 | -892 | -550 |
| 2068 | -925 | -569 |
| 2069 | -959 | -588 |
| 2070 | -993 | -608 |
| 2071 | -1028 | -628 |
| 2072 | -1064 | -649 |
| 2073 | -1101 | -670 |
| 2074 | -1139 | -692 |
| 2075 | -1178 | -714 |
| 2076 | -1217 | -737 |
| 2077 | -1258 | -761 |
| 2078 | -1299 | -785 |
| 2079 | -1340 | -809 |
| 2080 | -1382 | -833 |
| 2081 | -1424 | -856 |
| 2082 | -1466 | -880 |
| 2083 | -1508 | -904 |
| 2084 | -1550 | -928 |
| 2085 | -1592 | -952 |
| 2086 | -1635 | -977 |
| 2087 | -1678 | -1002 |
| 2088 | -1722 | -1027 |
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