Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $267,900 for 2027. After 2027, index the taxable maximum to AWI plus 0.5 percentage point. Apply benefit credit on additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2022 | 230 | 230 |
| 2023 | 211 | 211 |
| 2024 | 194 | 194 |
| 2025 | 177 | 179 |
| 2026 | 160 | 164 |
| 2027 | 143 | 150 |
| 2028 | 126 | 137 |
| 2029 | 109 | 124 |
| 2030 | 91 | 110 |
| 2031 | 74 | 97 |
| 2032 | 57 | 83 |
| 2033 | 39 | 69 |
| 2034 | 21 | 55 |
| 2035 | 3 | 41 |
| 2036 | -16 | 27 |
| 2037 | -35 | 12 |
| 2038 | -54 | -3 |
| 2039 | -74 | -19 |
| 2040 | -95 | -35 |
| 2041 | -116 | -51 |
| 2042 | -137 | -68 |
| 2043 | -158 | -84 |
| 2044 | -180 | -101 |
| 2045 | -202 | -118 |
| 2046 | -224 | -135 |
| 2047 | -246 | -153 |
| 2048 | -268 | -170 |
| 2049 | -291 | -188 |
| 2050 | -313 | -206 |
| 2051 | -336 | -224 |
| 2052 | -359 | -242 |
| 2053 | -383 | -260 |
| 2054 | -406 | -279 |
| 2055 | -430 | -297 |
| 2056 | -453 | -316 |
| 2057 | -477 | -335 |
| 2058 | -501 | -355 |
| 2059 | -525 | -374 |
| 2060 | -550 | -395 |
| 2061 | -575 | -415 |
| 2062 | -601 | -436 |
| 2063 | -627 | -457 |
| 2064 | -654 | -479 |
| 2065 | -681 | -501 |
| 2066 | -708 | -524 |
| 2067 | -736 | -547 |
| 2068 | -764 | -570 |
| 2069 | -792 | -594 |
| 2070 | -821 | -617 |
| 2071 | -850 | -642 |
| 2072 | -880 | -667 |
| 2073 | -910 | -692 |
| 2074 | -940 | -717 |
| 2075 | -971 | -743 |
| 2076 | -1003 | -770 |
| 2077 | -1036 | -797 |
| 2078 | -1069 | -825 |
| 2079 | -1104 | -854 |
| 2080 | -1139 | -884 |
| 2081 | -1175 | -914 |
| 2082 | -1212 | -945 |
| 2083 | -1249 | -976 |
| 2084 | -1286 | -1007 |
| 2085 | -1324 | -1039 |
| 2086 | -1363 | -1071 |
| 2087 | -1402 | -1104 |
| 2088 | -1442 | -1136 |
| 2089 | -1481 | -1169 |
| 2090 | -1520 | -1201 |
| 2091 | -1558 | -1232 |
| 2092 | -1595 | -1263 |
| 2093 | -1632 | -1293 |
| 2094 | -1668 | -1323 |
| 2095 | -1703 | -1352 |
| 2096 | -1738 | -1381 |
| 2097 | -1773 | -1409 |
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