Proposed Provision: E3.4. Increase the taxable maximum from $106,800 to $115,200 (in 2009 AWI-indexed dollars), phased in 2017-2019. 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 |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 277 |
2019 | 262 | 263 |
2020 | 246 | 248 |
2021 | 231 | 234 |
2022 | 216 | 220 |
2023 | 200 | 204 |
2024 | 183 | 188 |
2025 | 165 | 172 |
2026 | 149 | 156 |
2027 | 132 | 140 |
2028 | 115 | 124 |
2029 | 98 | 108 |
2030 | 81 | 92 |
2031 | 64 | 75 |
2032 | 46 | 58 |
2033 | 27 | 41 |
2034 | 8 | 23 |
2035 | -11 | 5 |
2036 | -30 | -14 |
2037 | -50 | -33 |
2038 | -71 | -52 |
2039 | -91 | -72 |
2040 | -112 | -92 |
2041 | -133 | -112 |
2042 | -154 | -132 |
2043 | -176 | -152 |
2044 | -197 | -172 |
2045 | -218 | -193 |
2046 | -240 | -213 |
2047 | -262 | -234 |
2048 | -283 | -254 |
2049 | -305 | -275 |
2050 | -327 | -296 |
2051 | -349 | -317 |
2052 | -371 | -338 |
2053 | -393 | -358 |
2054 | -415 | -379 |
2055 | -437 | -401 |
2056 | -460 | -422 |
2057 | -482 | -444 |
2058 | -506 | -466 |
2059 | -529 | -489 |
2060 | -553 | -512 |
2061 | -578 | -535 |
2062 | -603 | -559 |
2063 | -628 | -583 |
2064 | -654 | -608 |
2065 | -680 | -633 |
2066 | -706 | -658 |
2067 | -733 | -684 |
2068 | -760 | -710 |
2069 | -788 | -737 |
2070 | -816 | -764 |
2071 | -845 | -792 |
2072 | -874 | -820 |
2073 | -905 | -849 |
2074 | -935 | -879 |
2075 | -967 | -910 |
2076 | -1000 | -941 |
2077 | -1033 | -974 |
2078 | -1068 | -1007 |
2079 | -1102 | -1040 |
2080 | -1138 | -1074 |
2081 | -1173 | -1108 |
2082 | -1208 | -1142 |
2083 | -1243 | -1176 |
2084 | -1279 | -1210 |
2085 | -1314 | -1244 |
2086 | -1349 | -1278 |
2087 | -1384 | -1312 |
2088 | -1419 | -1346 |
2089 | -1455 | -1380 |
2090 | -1491 | -1415 |
2091 | -1528 | -1451 |
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