Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2014, 12.9 percent in 2022, 13.1 in percent in 2032, 13.9 percent in 2042, 13.5 percent in 2052, and 13.3 percent in 2062.

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

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328329
2016321324
2017314318
2018306311
2019296302
2020284292
2021272281
2022259269
2023245258
2024230246
2025214233
2026198220
2027181206
2028164191
2029145176
2030127160
2031107144
203287127
203367110
20344694
20352577
2036460
2037-1843
2038-4026
2039-628
2040-85-10
2041-108-27
2042-130-45
2043-153-59
2044-176-72
2045-200-85
2046-223-99
2047-247-112
2048-271-126
2049-295-139
2050-319-153
2051-343-167
2052-368-181
2053-393-197
2054-418-213
2055-443-230
2056-468-246
2057-494-263
2058-521-281
2059-548-298
2060-575-316
2061-602-335
2062-630-353
2063-659-373
2064-687-393
2065-716-413
2066-746-434
2067-775-455
2068-805-476
2069-835-497
2070-866-519
2071-897-541
2072-928-563
2073-960-586
2074-992-609
2075-1025-633
2076-1058-657
2077-1092-681
2078-1126-706
2079-1161-731
2080-1196-756
2081-1232-782
2082-1268-809
2083-1305-836
2084-1342-863
2085-1380-891
2086-1419-919
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