Proposed Provision: Increase the taxable maximum from $106,800 to $115,200 (in 2009 AWI-indexed dollars), phased in 2015-2017. Provide benefit credit for earnings up to the revised taxable maximum.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2014 | 320 | 320 |
2015 | 306 | 306 |
2016 | 292 | 292 |
2017 | 277 | 278 |
2018 | 262 | 264 |
2019 | 248 | 251 |
2020 | 233 | 237 |
2021 | 219 | 223 |
2022 | 203 | 209 |
2023 | 187 | 194 |
2024 | 171 | 179 |
2025 | 154 | 162 |
2026 | 137 | 146 |
2027 | 119 | 129 |
2028 | 101 | 112 |
2029 | 83 | 94 |
2030 | 64 | 76 |
2031 | 44 | 57 |
2032 | 23 | 37 |
2033 | 2 | 17 |
2034 | -20 | -4 |
2035 | -42 | -25 |
2036 | -65 | -47 |
2037 | -88 | -69 |
2038 | -112 | -92 |
2039 | -136 | -115 |
2040 | -160 | -138 |
2041 | -185 | -162 |
2042 | -210 | -185 |
2043 | -235 | -209 |
2044 | -260 | -233 |
2045 | -285 | -257 |
2046 | -310 | -281 |
2047 | -336 | -306 |
2048 | -362 | -331 |
2049 | -388 | -356 |
2050 | -415 | -381 |
2051 | -442 | -407 |
2052 | -468 | -433 |
2053 | -495 | -458 |
2054 | -523 | -484 |
2055 | -550 | -511 |
2056 | -578 | -538 |
2057 | -606 | -565 |
2058 | -635 | -592 |
2059 | -664 | -621 |
2060 | -694 | -649 |
2061 | -725 | -678 |
2062 | -756 | -708 |
2063 | -787 | -739 |
2064 | -819 | -769 |
2065 | -852 | -801 |
2066 | -885 | -832 |
2067 | -918 | -865 |
2068 | -952 | -897 |
2069 | -987 | -931 |
2070 | -1022 | -965 |
2071 | -1057 | -999 |
2072 | -1094 | -1035 |
2073 | -1132 | -1071 |
2074 | -1171 | -1109 |
2075 | -1210 | -1147 |
2076 | -1251 | -1186 |
2077 | -1293 | -1226 |
2078 | -1335 | -1267 |
2079 | -1378 | -1308 |
2080 | -1421 | -1350 |
2081 | -1464 | -1392 |
2082 | -1507 | -1433 |
2083 | -1550 | -1475 |
2084 | -1593 | -1517 |
2085 | -1636 | -1559 |
2086 | -1680 | -1601 |
2087 | -1724 | -1643 |
2088 | -1769 | -1687 |
2089 | -1814 | -1731 |
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