Proposed Provision: Apply 3 percent payroll tax rate on earnings over $200,000 in 2018, with the $200,000 threshold wage-indexed after 2018. Give proportional benefit credit for additional earnings in AIME for benefit computation.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346346
2014341341
2015335335
2016330330
2017324324
2018317317
2019309312
2020299305
2021289297
2022277288
2023264278
2024251267
2025237256
2026221243
2027205229
2028189215
2029171201
2030154185
2031136170
2032117154
203398138
203479121
203559104
20363987
20371970
2038-152
2039-2135
2040-4217
2041-630
2042-84-18
2043-105-36
2044-126-53
2045-147-71
2046-168-89
2047-189-107
2048-211-125
2049-233-144
2050-255-162
2051-277-181
2052-299-200
2053-321-219
2054-344-238
2055-366-257
2056-389-277
2057-412-297
2058-436-317
2059-460-338
2060-485-359
2061-509-380
2062-534-402
2063-560-424
2064-586-446
2065-612-469
2066-638-492
2067-665-515
2068-692-539
2069-720-563
2070-748-587
2071-776-612
2072-805-637
2073-834-663
2074-864-689
2075-894-716
2076-925-743
2077-957-771
2078-989-799
2079-1021-828
2080-1054-857
2081-1087-887
2082-1121-917
2083-1156-947
2084-1191-979
2085-1227-1010
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