Proposed Provision: Raise the taxable maximum amount (the contribution and benefit base) to include 90 percent of total OASDI covered earnings. Phase in this increase gradually between 2011 and 2016. Benefit computations would reflect all earnings up to the new taxable maximum.

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

Year Present Law Provision
2009354354
2010360360
2011366368
2012369372
2013367373
2014364374
2015359375
2016354376
2017347375
2018338372
2019327368
2020315362
2021302355
2022289347
2023275339
2024260329
2025244319
2026227308
2027209296
2028191284
2029173271
2030153257
2031133243
2032113229
203392215
203471200
203550185
203629170
20377155
2038-16140
2039-38125
2040-61110
2041-8395
2042-10679
2043-12964
2044-15249
2045-17534
2046-19918
2047-2223
2048-246-13
2049-270-28
2050-294-44
2051-318-60
2052-342-76
2053-366-92
2054-391-109
2055-415-125
2056-440-142
2057-466-160
2058-491-177
2059-517-195
2060-544-213
2061-570-232
2062-598-251
2063-625-270
2064-653-289
2065-681-309
2066-710-329
2067-739-350
2068-768-371
2069-798-392
2070-828-414
2071-859-436
2072-890-458
2073-922-481
2074-954-505
2075-987-528
2076-1020-553
2077-1054-578
2078-1089-603
2079-1124-629
2080-1159-655
2081-1195-681
2082-1232-709
2083-1270-737
2084-1308-765
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