Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.7 percent in 2013, 13.0 percent in 2026, 13.3 percent in 2041, 14.0 percent in 2061, 14.5 percent in 2071, and 14.7 percent in 2081.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346346
2014341343
2015335340
2016330336
2017324332
2018317327
2019309321
2020299313
2021289304
2022277295
2023264284
2024251272
2025237259
2026221246
2027205233
2028189220
2029171207
2030154193
2031136178
2032117163
203398148
203479132
203559117
203639101
20371985
2038-169
2039-2153
2040-4237
2041-6321
2042-846
2043-105-9
2044-126-23
2045-147-37
2046-168-52
2047-189-67
2048-211-81
2049-233-96
2050-255-111
2051-277-126
2052-299-141
2053-321-156
2054-344-171
2055-366-186
2056-389-202
2057-412-218
2058-436-234
2059-460-251
2060-485-267
2061-509-284
2062-534-298
2063-560-312
2064-586-325
2065-612-340
2066-638-354
2067-665-368
2068-692-383
2069-720-399
2070-748-414
2071-776-430
2072-805-443
2073-834-457
2074-864-471
2075-894-486
2076-925-500
2077-957-516
2078-989-531
2079-1021-547
2080-1054-564
2081-1087-580
2082-1121-596
2083-1156-613
2084-1191-629
2085-1227-647
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