Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
Increase the payroll tax rate (currently 12.4 percent) by 0.1 percentage point each year from 2015-2020, until the rate reaches 13.0 percent for 2020 and later.

 

Financial Estimates for the OASDI Trust Fund Program

 
  Proposal
  Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

Trust fund
ratio as of
January 1
Expressed as a percentage of
present-law taxable payroll
Calendar
year
Cost
rate
Income
rate
Annual
balance

Cost
rate
Income
rate
Annual
balance
201213.8312.89-0.93
340
0.000.000.00
201313.9512.83-1.12
329
0.000.000.00
201413.9812.93-1.05
315
0.000.000.00
201513.9713.04-0.92
302
0.000.090.09
201613.9413.17-0.77
290
0.000.190.19
201713.9113.29-0.63
279
0.000.280.28
201813.9613.41-0.55
269
0.000.380.38
201914.1313.52-0.61
260
0.000.470.47
202014.3713.64-0.73
250
0.000.570.57
202114.6513.68-0.98
240
0.000.570.57
202214.9713.70-1.27
229
0.000.570.57
202315.2913.72-1.57
217
0.000.570.57
202415.5913.74-1.86
204
0.000.570.57
202515.8813.75-2.13
191
0.000.570.57
202616.1513.77-2.38
177
0.000.570.57
202716.4113.78-2.63
162
0.000.570.58
202816.6313.80-2.84
147
0.000.570.58
202916.8313.81-3.02
131
0.000.570.58
203017.0013.82-3.18
114
0.000.570.58
203117.1413.83-3.31
96
0.000.570.58
203217.2513.84-3.41
78
0.000.570.58
203317.3213.84-3.48
59
-0.010.570.58
203417.3713.85-3.53
40
-0.010.570.58
203517.4013.85-3.55
21
-0.010.570.58
203617.4213.85-3.57
1
-0.010.570.58
203717.4313.86-3.57
----
-0.010.570.58
203817.4113.86-3.56
----
-0.010.570.58
203917.3813.86-3.53
----
-0.010.570.58
204017.3513.86-3.49
----
-0.010.570.58
204117.3113.85-3.46
----
-0.010.570.58
204217.2713.85-3.42
----
-0.010.570.58
204317.2313.85-3.38
----
-0.010.570.58
204417.2013.85-3.35
----
-0.010.570.58
204517.1713.85-3.32
----
-0.010.570.58
204617.1513.85-3.30
----
-0.010.570.59
204717.1213.85-3.27
----
-0.010.570.59
204817.1013.85-3.25
----
-0.010.570.59
204917.0813.85-3.23
----
-0.010.570.59
205017.0713.85-3.22
----
-0.010.570.59
205117.0613.85-3.21
----
-0.020.570.59
205217.0513.85-3.20
----
-0.020.570.59
205317.0613.85-3.21
----
-0.020.570.59
205417.0613.85-3.21
----
-0.020.570.59
205517.0713.85-3.22
----
-0.020.570.59
205617.0913.85-3.24
----
-0.020.570.59
205717.1013.85-3.25
----
-0.020.570.59
205817.1213.86-3.26
----
-0.020.570.59
205917.1313.86-3.27
----
-0.020.570.59
206017.1313.86-3.28
----
-0.020.570.59
206117.1413.86-3.28
----
-0.020.570.60
206217.1513.86-3.29
----
-0.020.570.60
206317.1513.86-3.29
----
-0.020.570.60
206417.1613.86-3.30
----
-0.020.570.60
206517.1813.86-3.31
----
-0.020.570.60
206617.2013.86-3.33
----
-0.020.570.60
206717.2213.87-3.35
----
-0.020.580.60
206817.2413.87-3.37
----
-0.020.580.60
206917.2713.87-3.40
----
-0.020.580.60
207017.3013.87-3.43
----
-0.020.580.60
207117.3313.87-3.46
----
-0.020.580.60
207217.3513.88-3.48
----
-0.020.580.60
207317.3813.88-3.50
----
-0.020.580.60
207417.4113.88-3.53
----
-0.020.580.60
207517.4413.88-3.55
----
-0.020.580.60
207617.4613.88-3.58
----
-0.020.580.60
207717.4913.89-3.60
----
-0.020.580.60
207817.5213.89-3.63
----
-0.020.580.60
207917.5513.89-3.66
----
-0.020.580.60
208017.5813.89-3.69
----
-0.020.580.60
208117.6113.89-3.72
----
-0.020.580.60
208217.6513.90-3.75
----
-0.020.580.60
208317.6913.90-3.79
----
-0.020.580.60
208417.7313.90-3.83
----
-0.020.580.60
208517.7713.90-3.86
----
-0.020.580.60
208617.8113.91-3.90
----
-0.020.580.60
208717.8513.91-3.94
----
-0.020.580.60



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of reserve
depletion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2012 Trustees Report.
2012-2086 16.67% 14.54% -2.13%
2036
-0.01% 0.52% 0.53%
 
1 Under present law, the year of Trust Fund reserve depletion is 2033.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified May 10, 2013