Proposed Provision: Starting in 2014, exempt individuals with more than 180 quarters of coverage from the OASDI payroll tax.

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

Year Present Law Provision
2013330330
2014315316
2015301299
2016286283
2017271267
2018257251
2019244237
2020231222
2021218207
2022204192
2023189176
2024173159
2025158142
2026142124
2027125106
202810888
20299068
20307148
20315227
2032315
203311-18
2034-11-41
2035-32-64
2036-55-89
2037-78-113
2038-101-138
2039-124-164
2040-148-190
2041-172-216
2042-196-242
2043-220-269
2044-245-296
2045-269-323
2046-294-350
2047-319-377
2048-345-406
2049-371-434
2050-397-462
2051-423-491
2052-449-520
2053-476-549
2054-502-579
2055-530-609
2056-557-639
2057-585-669
2058-613-701
2059-642-732
2060-671-765
2061-701-798
2062-732-831
2063-763-865
2064-794-900
2065-826-935
2066-859-971
2067-892-1007
2068-925-1044
2069-959-1081
2070-993-1119
2071-1028-1157
2072-1064-1197
2073-1101-1238
2074-1139-1279
2075-1178-1322
2076-1217-1366
2077-1258-1410
2078-1299-1456
2079-1340-1502
2080-1382-1548
2081-1424-1594
2082-1466-1640
2083-1508-1687
2084-1550-1733
2085-1592-1780
2086-1635-1827
2087-1678-1875
2088-1722-1923
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