Proposed Provision: Apply 2 percent payroll tax rate on earnings over $400,000 in 2018, with the $400,000 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 |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 350 |
| 2013 | 346 | 346 |
| 2014 | 341 | 341 |
| 2015 | 335 | 335 |
| 2016 | 330 | 330 |
| 2017 | 324 | 324 |
| 2018 | 317 | 317 |
| 2019 | 309 | 310 |
| 2020 | 299 | 302 |
| 2021 | 289 | 292 |
| 2022 | 277 | 282 |
| 2023 | 264 | 270 |
| 2024 | 251 | 257 |
| 2025 | 237 | 244 |
| 2026 | 221 | 230 |
| 2027 | 205 | 215 |
| 2028 | 189 | 199 |
| 2029 | 171 | 183 |
| 2030 | 154 | 166 |
| 2031 | 136 | 149 |
| 2032 | 117 | 132 |
| 2033 | 98 | 114 |
| 2034 | 79 | 96 |
| 2035 | 59 | 77 |
| 2036 | 39 | 58 |
| 2037 | 19 | 40 |
| 2038 | -1 | 20 |
| 2039 | -21 | 1 |
| 2040 | -42 | -18 |
| 2041 | -63 | -38 |
| 2042 | -84 | -57 |
| 2043 | -105 | -77 |
| 2044 | -126 | -97 |
| 2045 | -147 | -116 |
| 2046 | -168 | -136 |
| 2047 | -189 | -156 |
| 2048 | -211 | -177 |
| 2049 | -233 | -197 |
| 2050 | -255 | -218 |
| 2051 | -277 | -238 |
| 2052 | -299 | -259 |
| 2053 | -321 | -280 |
| 2054 | -344 | -301 |
| 2055 | -366 | -322 |
| 2056 | -389 | -344 |
| 2057 | -412 | -366 |
| 2058 | -436 | -388 |
| 2059 | -460 | -411 |
| 2060 | -485 | -434 |
| 2061 | -509 | -457 |
| 2062 | -534 | -481 |
| 2063 | -560 | -505 |
| 2064 | -586 | -529 |
| 2065 | -612 | -554 |
| 2066 | -638 | -579 |
| 2067 | -665 | -605 |
| 2068 | -692 | -630 |
| 2069 | -720 | -656 |
| 2070 | -748 | -683 |
| 2071 | -776 | -710 |
| 2072 | -805 | -737 |
| 2073 | -834 | -765 |
| 2074 | -864 | -794 |
| 2075 | -894 | -822 |
| 2076 | -925 | -852 |
| 2077 | -957 | -882 |
| 2078 | -989 | -912 |
| 2079 | -1021 | -943 |
| 2080 | -1054 | -974 |
| 2081 | -1087 | -1006 |
| 2082 | -1121 | -1039 |
| 2083 | -1156 | -1072 |
| 2084 | -1191 | -1105 |
| 2085 | -1227 | -1140 |
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