Proposed Provision: Apply the following payroll tax rates above the current-law taxable maximum, with no credit toward benefits: 2.0 percent in 2013, 3.0 percent in 2026, 3.5 percent in 2041, 4.5 percent in 2051, and 5.5 percent in 2061.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346346
2014341343
2015335341
2016330338
2017324334
2018317330
2019309324
2020299317
2021289309
2022277300
2023264289
2024251278
2025237266
2026221253
2027205241
2028189228
2029171214
2030154200
2031136185
2032117171
203398155
203479140
203559124
203639109
20371993
2038-177
2039-2161
2040-4245
2041-6329
2042-8413
2043-105-3
2044-126-18
2045-147-34
2046-168-49
2047-189-65
2048-211-81
2049-233-97
2050-255-113
2051-277-129
2052-299-144
2053-321-159
2054-344-174
2055-366-190
2056-389-205
2057-412-221
2058-436-238
2059-460-254
2060-485-271
2061-509-288
2062-534-304
2063-560-321
2064-586-338
2065-612-355
2066-638-372
2067-665-390
2068-692-408
2069-720-426
2070-748-444
2071-776-463
2072-805-483
2073-834-502
2074-864-522
2075-894-543
2076-925-564
2077-957-585
2078-989-607
2079-1021-629
2080-1054-652
2081-1087-675
2082-1121-699
2083-1156-723
2084-1191-747
2085-1227-772
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