Proposed Provision: E3.17. Beginning in 2020, increase the taxable maximum by twice the rate of increase in the national Average Wage Index, but never by less than 3 percent. Provide benefit credit for earnings up to the revised taxable maximum levels.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2018 | 288 | 288 |
| 2019 | 272 | 272 |
| 2020 | 256 | 256 |
| 2021 | 239 | 240 |
| 2022 | 223 | 224 |
| 2023 | 206 | 209 |
| 2024 | 188 | 193 |
| 2025 | 171 | 178 |
| 2026 | 154 | 164 |
| 2027 | 137 | 150 |
| 2028 | 120 | 137 |
| 2029 | 104 | 123 |
| 2030 | 86 | 110 |
| 2031 | 69 | 97 |
| 2032 | 51 | 83 |
| 2033 | 33 | 70 |
| 2034 | 14 | 56 |
| 2035 | -5 | 42 |
| 2036 | -25 | 28 |
| 2037 | -46 | 14 |
| 2038 | -67 | -1 |
| 2039 | -88 | -16 |
| 2040 | -110 | -30 |
| 2041 | -132 | -45 |
| 2042 | -154 | -60 |
| 2043 | -176 | -74 |
| 2044 | -199 | -89 |
| 2045 | -221 | -103 |
| 2046 | -244 | -117 |
| 2047 | -267 | -131 |
| 2048 | -289 | -144 |
| 2049 | -312 | -158 |
| 2050 | -335 | -171 |
| 2051 | -358 | -185 |
| 2052 | -381 | -198 |
| 2053 | -403 | -211 |
| 2054 | -426 | -224 |
| 2055 | -450 | -237 |
| 2056 | -473 | -250 |
| 2057 | -496 | -264 |
| 2058 | -520 | -277 |
| 2059 | -544 | -291 |
| 2060 | -569 | -305 |
| 2061 | -594 | -319 |
| 2062 | -619 | -334 |
| 2063 | -645 | -349 |
| 2064 | -671 | -364 |
| 2065 | -698 | -380 |
| 2066 | -725 | -395 |
| 2067 | -752 | -412 |
| 2068 | -780 | -428 |
| 2069 | -808 | -445 |
| 2070 | -837 | -462 |
| 2071 | -866 | -479 |
| 2072 | -896 | -497 |
| 2073 | -927 | -516 |
| 2074 | -958 | -535 |
| 2075 | -990 | -554 |
| 2076 | -1023 | -574 |
| 2077 | -1057 | -594 |
| 2078 | -1092 | -616 |
| 2079 | -1128 | -637 |
| 2080 | -1165 | -659 |
| 2081 | -1202 | -682 |
| 2082 | -1240 | -704 |
| 2083 | -1278 | -727 |
| 2084 | -1316 | -750 |
| 2085 | -1354 | -772 |
| 2086 | -1392 | -795 |
| 2087 | -1430 | -817 |
| 2088 | -1468 | -840 |
| 2089 | -1505 | -862 |
| 2090 | -1543 | -884 |
| 2091 | -1580 | -906 |
| 2092 | -1618 | -929 |
| 2093 | -1655 | -951 |
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