Proposed Provision: Starting in 2014, exempt individuals with more than 180 quarters of coverage from the OASDI payroll tax.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2013 | 330 | 330 |
2014 | 315 | 316 |
2015 | 301 | 299 |
2016 | 286 | 283 |
2017 | 271 | 267 |
2018 | 257 | 251 |
2019 | 244 | 237 |
2020 | 231 | 222 |
2021 | 218 | 207 |
2022 | 204 | 192 |
2023 | 189 | 176 |
2024 | 173 | 159 |
2025 | 158 | 142 |
2026 | 142 | 124 |
2027 | 125 | 106 |
2028 | 108 | 88 |
2029 | 90 | 68 |
2030 | 71 | 48 |
2031 | 52 | 27 |
2032 | 31 | 5 |
2033 | 11 | -18 |
2034 | -11 | -41 |
2035 | -32 | -64 |
2036 | -55 | -89 |
2037 | -78 | -113 |
2038 | -101 | -138 |
2039 | -124 | -164 |
2040 | -148 | -190 |
2041 | -172 | -216 |
2042 | -196 | -242 |
2043 | -220 | -269 |
2044 | -245 | -296 |
2045 | -269 | -323 |
2046 | -294 | -350 |
2047 | -319 | -377 |
2048 | -345 | -406 |
2049 | -371 | -434 |
2050 | -397 | -462 |
2051 | -423 | -491 |
2052 | -449 | -520 |
2053 | -476 | -549 |
2054 | -502 | -579 |
2055 | -530 | -609 |
2056 | -557 | -639 |
2057 | -585 | -669 |
2058 | -613 | -701 |
2059 | -642 | -732 |
2060 | -671 | -765 |
2061 | -701 | -798 |
2062 | -732 | -831 |
2063 | -763 | -865 |
2064 | -794 | -900 |
2065 | -826 | -935 |
2066 | -859 | -971 |
2067 | -892 | -1007 |
2068 | -925 | -1044 |
2069 | -959 | -1081 |
2070 | -993 | -1119 |
2071 | -1028 | -1157 |
2072 | -1064 | -1197 |
2073 | -1101 | -1238 |
2074 | -1139 | -1279 |
2075 | -1178 | -1322 |
2076 | -1217 | -1366 |
2077 | -1258 | -1410 |
2078 | -1299 | -1456 |
2079 | -1340 | -1502 |
2080 | -1382 | -1548 |
2081 | -1424 | -1594 |
2082 | -1466 | -1640 |
2083 | -1508 | -1687 |
2084 | -1550 | -1733 |
2085 | -1592 | -1780 |
2086 | -1635 | -1827 |
2087 | -1678 | -1875 |
2088 | -1722 | -1923 |
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