Proposed Provision: E3.5. Increase the taxable maximum each year by an additional 2 percent beginning in 2019 until taxable earnings equal 90 percent of covered earnings. Provide benefit credit for earnings up to the revised taxable maximum.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2018 | 288 | 288 |
| 2019 | 272 | 272 |
| 2020 | 256 | 256 |
| 2021 | 239 | 240 |
| 2022 | 223 | 224 |
| 2023 | 206 | 208 |
| 2024 | 188 | 192 |
| 2025 | 171 | 176 |
| 2026 | 154 | 161 |
| 2027 | 137 | 146 |
| 2028 | 120 | 131 |
| 2029 | 104 | 116 |
| 2030 | 86 | 101 |
| 2031 | 69 | 86 |
| 2032 | 51 | 71 |
| 2033 | 33 | 56 |
| 2034 | 14 | 40 |
| 2035 | -5 | 24 |
| 2036 | -25 | 8 |
| 2037 | -46 | -9 |
| 2038 | -67 | -25 |
| 2039 | -88 | -43 |
| 2040 | -110 | -60 |
| 2041 | -132 | -77 |
| 2042 | -154 | -95 |
| 2043 | -176 | -112 |
| 2044 | -199 | -129 |
| 2045 | -221 | -146 |
| 2046 | -244 | -163 |
| 2047 | -267 | -180 |
| 2048 | -289 | -196 |
| 2049 | -312 | -213 |
| 2050 | -335 | -229 |
| 2051 | -358 | -246 |
| 2052 | -381 | -262 |
| 2053 | -403 | -278 |
| 2054 | -426 | -294 |
| 2055 | -450 | -311 |
| 2056 | -473 | -327 |
| 2057 | -496 | -344 |
| 2058 | -520 | -360 |
| 2059 | -544 | -378 |
| 2060 | -569 | -395 |
| 2061 | -594 | -413 |
| 2062 | -619 | -432 |
| 2063 | -645 | -451 |
| 2064 | -671 | -470 |
| 2065 | -698 | -490 |
| 2066 | -725 | -510 |
| 2067 | -752 | -530 |
| 2068 | -780 | -551 |
| 2069 | -808 | -572 |
| 2070 | -837 | -594 |
| 2071 | -866 | -616 |
| 2072 | -896 | -639 |
| 2073 | -927 | -662 |
| 2074 | -958 | -686 |
| 2075 | -990 | -711 |
| 2076 | -1023 | -736 |
| 2077 | -1057 | -762 |
| 2078 | -1092 | -789 |
| 2079 | -1128 | -817 |
| 2080 | -1165 | -845 |
| 2081 | -1202 | -874 |
| 2082 | -1240 | -903 |
| 2083 | -1278 | -932 |
| 2084 | -1316 | -961 |
| 2085 | -1354 | -991 |
| 2086 | -1392 | -1020 |
| 2087 | -1430 | -1050 |
| 2088 | -1468 | -1079 |
| 2089 | -1505 | -1108 |
| 2090 | -1543 | -1137 |
| 2091 | -1580 | -1166 |
| 2092 | -1618 | -1195 |
| 2093 | -1655 | -1225 |
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