Proposed Provision: Increase the taxable maximum each year by an additional 2 percent beginning in 2018 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 |
| 2015 | 308 | 308 |
| 2016 | 298 | 298 |
| 2017 | 280 | 280 |
| 2018 | 264 | 264 |
| 2019 | 248 | 249 |
| 2020 | 233 | 234 |
| 2021 | 219 | 220 |
| 2022 | 204 | 206 |
| 2023 | 189 | 192 |
| 2024 | 173 | 178 |
| 2025 | 157 | 164 |
| 2026 | 142 | 151 |
| 2027 | 126 | 137 |
| 2028 | 110 | 123 |
| 2029 | 94 | 109 |
| 2030 | 77 | 95 |
| 2031 | 60 | 81 |
| 2032 | 42 | 66 |
| 2033 | 23 | 50 |
| 2034 | 4 | 34 |
| 2035 | -16 | 18 |
| 2036 | -36 | 2 |
| 2037 | -57 | -15 |
| 2038 | -78 | -32 |
| 2039 | -100 | -48 |
| 2040 | -122 | -66 |
| 2041 | -144 | -83 |
| 2042 | -166 | -100 |
| 2043 | -189 | -117 |
| 2044 | -211 | -133 |
| 2045 | -234 | -150 |
| 2046 | -257 | -167 |
| 2047 | -280 | -184 |
| 2048 | -303 | -201 |
| 2049 | -327 | -218 |
| 2050 | -351 | -235 |
| 2051 | -375 | -251 |
| 2052 | -398 | -268 |
| 2053 | -423 | -285 |
| 2054 | -447 | -302 |
| 2055 | -472 | -319 |
| 2056 | -496 | -336 |
| 2057 | -522 | -354 |
| 2058 | -548 | -372 |
| 2059 | -574 | -390 |
| 2060 | -601 | -409 |
| 2061 | -629 | -429 |
| 2062 | -657 | -448 |
| 2063 | -685 | -469 |
| 2064 | -714 | -490 |
| 2065 | -744 | -511 |
| 2066 | -774 | -532 |
| 2067 | -804 | -554 |
| 2068 | -835 | -577 |
| 2069 | -867 | -600 |
| 2070 | -899 | -623 |
| 2071 | -932 | -647 |
| 2072 | -965 | -672 |
| 2073 | -1000 | -697 |
| 2074 | -1035 | -723 |
| 2075 | -1072 | -750 |
| 2076 | -1110 | -778 |
| 2077 | -1148 | -806 |
| 2078 | -1188 | -835 |
| 2079 | -1228 | -864 |
| 2080 | -1268 | -894 |
| 2081 | -1309 | -924 |
| 2082 | -1350 | -954 |
| 2083 | -1391 | -984 |
| 2084 | -1432 | -1014 |
| 2085 | -1472 | -1044 |
| 2086 | -1514 | -1075 |
| 2087 | -1555 | -1105 |
| 2088 | -1597 | -1137 |
| 2089 | -1640 | -1168 |
| 2090 | -1683 | -1200 |
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