Proposed Provision: E3.17. Beginning in 2026, increase the taxable maximum by twice the rate of increase in the national Average Wage Index, but never by less than 3 percent. Provide benefit credit for earnings up to the revised taxable maximum levels.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2024 | 188 | 188 |
2025 | 171 | 171 |
2026 | 152 | 152 |
2027 | 134 | 135 |
2028 | 117 | 119 |
2029 | 101 | 103 |
2030 | 84 | 89 |
2031 | 68 | 75 |
2032 | 53 | 63 |
2033 | 37 | 50 |
2034 | 22 | 39 |
2035 | 7 | 27 |
2036 | -9 | 16 |
2037 | -26 | 4 |
2038 | -43 | -8 |
2039 | -60 | -20 |
2040 | -78 | -33 |
2041 | -96 | -45 |
2042 | -115 | -58 |
2043 | -135 | -71 |
2044 | -154 | -84 |
2045 | -174 | -97 |
2046 | -194 | -110 |
2047 | -215 | -123 |
2048 | -235 | -136 |
2049 | -256 | -149 |
2050 | -277 | -162 |
2051 | -299 | -175 |
2052 | -320 | -189 |
2053 | -342 | -202 |
2054 | -364 | -216 |
2055 | -386 | -229 |
2056 | -409 | -243 |
2057 | -431 | -258 |
2058 | -455 | -272 |
2059 | -478 | -287 |
2060 | -502 | -302 |
2061 | -527 | -318 |
2062 | -553 | -334 |
2063 | -579 | -351 |
2064 | -605 | -368 |
2065 | -632 | -385 |
2066 | -660 | -402 |
2067 | -688 | -420 |
2068 | -716 | -439 |
2069 | -745 | -457 |
2070 | -774 | -476 |
2071 | -803 | -495 |
2072 | -834 | -515 |
2073 | -864 | -535 |
2074 | -895 | -555 |
2075 | -927 | -576 |
2076 | -960 | -598 |
2077 | -993 | -620 |
2078 | -1027 | -642 |
2079 | -1062 | -665 |
2080 | -1098 | -689 |
2081 | -1134 | -713 |
2082 | -1172 | -737 |
2083 | -1209 | -762 |
2084 | -1248 | -787 |
2085 | -1287 | -813 |
2086 | -1327 | -838 |
2087 | -1368 | -865 |
2088 | -1409 | -891 |
2089 | -1450 | -917 |
2090 | -1491 | -943 |
2091 | -1532 | -969 |
2092 | -1573 | -994 |
2093 | -1612 | -1019 |
2094 | -1651 | -1043 |
2095 | -1689 | -1067 |
2096 | -1727 | -1091 |
2097 | -1764 | -1114 |
2098 | -1801 | -1137 |
2099 | -1838 | -1159 |
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