Proposed Provision: B4.2. Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2025-2033.
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 | 117 |
2029 | 101 | 101 |
2030 | 84 | 85 |
2031 | 68 | 69 |
2032 | 53 | 53 |
2033 | 37 | 38 |
2034 | 22 | 24 |
2035 | 7 | 9 |
2036 | -9 | -7 |
2037 | -26 | -23 |
2038 | -43 | -39 |
2039 | -60 | -56 |
2040 | -78 | -73 |
2041 | -96 | -90 |
2042 | -115 | -108 |
2043 | -135 | -126 |
2044 | -154 | -144 |
2045 | -174 | -163 |
2046 | -194 | -181 |
2047 | -215 | -200 |
2048 | -235 | -219 |
2049 | -256 | -238 |
2050 | -277 | -257 |
2051 | -299 | -276 |
2052 | -320 | -296 |
2053 | -342 | -315 |
2054 | -364 | -335 |
2055 | -386 | -355 |
2056 | -409 | -375 |
2057 | -431 | -396 |
2058 | -455 | -416 |
2059 | -478 | -437 |
2060 | -502 | -459 |
2061 | -527 | -481 |
2062 | -553 | -504 |
2063 | -579 | -527 |
2064 | -605 | -550 |
2065 | -632 | -574 |
2066 | -660 | -599 |
2067 | -688 | -624 |
2068 | -716 | -649 |
2069 | -745 | -675 |
2070 | -774 | -701 |
2071 | -803 | -727 |
2072 | -834 | -754 |
2073 | -864 | -782 |
2074 | -895 | -810 |
2075 | -927 | -838 |
2076 | -960 | -867 |
2077 | -993 | -897 |
2078 | -1027 | -928 |
2079 | -1062 | -960 |
2080 | -1098 | -992 |
2081 | -1134 | -1025 |
2082 | -1172 | -1058 |
2083 | -1209 | -1092 |
2084 | -1248 | -1127 |
2085 | -1287 | -1162 |
2086 | -1327 | -1198 |
2087 | -1368 | -1235 |
2088 | -1409 | -1271 |
2089 | -1450 | -1308 |
2090 | -1491 | -1345 |
2091 | -1532 | -1382 |
2092 | -1573 | -1418 |
2093 | -1612 | -1453 |
2094 | -1651 | -1488 |
2095 | -1689 | -1522 |
2096 | -1727 | -1556 |
2097 | -1764 | -1589 |
2098 | -1801 | -1622 |
2099 | -1838 | -1654 |
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