Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $279,900 for 2028. After 2028, 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 |
| 2023 | 204 | 204 |
| 2024 | 187 | 187 |
| 2025 | 168 | 168 |
| 2026 | 149 | 151 |
| 2027 | 131 | 135 |
| 2028 | 114 | 121 |
| 2029 | 96 | 107 |
| 2030 | 78 | 93 |
| 2031 | 60 | 79 |
| 2032 | 43 | 65 |
| 2033 | 25 | 51 |
| 2034 | 7 | 37 |
| 2035 | -12 | 22 |
| 2036 | -31 | 7 |
| 2037 | -51 | -8 |
| 2038 | -70 | -23 |
| 2039 | -91 | -39 |
| 2040 | -112 | -56 |
| 2041 | -133 | -72 |
| 2042 | -154 | -89 |
| 2043 | -176 | -106 |
| 2044 | -198 | -123 |
| 2045 | -220 | -141 |
| 2046 | -243 | -158 |
| 2047 | -265 | -176 |
| 2048 | -288 | -194 |
| 2049 | -311 | -212 |
| 2050 | -333 | -230 |
| 2051 | -357 | -248 |
| 2052 | -380 | -266 |
| 2053 | -403 | -285 |
| 2054 | -427 | -304 |
| 2055 | -450 | -323 |
| 2056 | -474 | -342 |
| 2057 | -498 | -361 |
| 2058 | -522 | -380 |
| 2059 | -547 | -400 |
| 2060 | -572 | -421 |
| 2061 | -597 | -442 |
| 2062 | -623 | -463 |
| 2063 | -650 | -485 |
| 2064 | -677 | -508 |
| 2065 | -705 | -531 |
| 2066 | -733 | -554 |
| 2067 | -762 | -578 |
| 2068 | -791 | -602 |
| 2069 | -820 | -627 |
| 2070 | -850 | -652 |
| 2071 | -880 | -677 |
| 2072 | -911 | -703 |
| 2073 | -942 | -729 |
| 2074 | -974 | -756 |
| 2075 | -1006 | -783 |
| 2076 | -1039 | -811 |
| 2077 | -1074 | -840 |
| 2078 | -1108 | -869 |
| 2079 | -1144 | -900 |
| 2080 | -1181 | -930 |
| 2081 | -1218 | -962 |
| 2082 | -1256 | -994 |
| 2083 | -1294 | -1026 |
| 2084 | -1333 | -1058 |
| 2085 | -1373 | -1092 |
| 2086 | -1413 | -1125 |
| 2087 | -1453 | -1159 |
| 2088 | -1494 | -1192 |
| 2089 | -1534 | -1226 |
| 2090 | -1574 | -1259 |
| 2091 | -1613 | -1291 |
| 2092 | -1651 | -1323 |
| 2093 | -1689 | -1355 |
| 2094 | -1726 | -1385 |
| 2095 | -1762 | -1415 |
| 2096 | -1798 | -1445 |
| 2097 | -1833 | -1474 |
| 2098 | -1868 | -1503 |
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