Proposed Provision: B6.5. Starting in 2027, provide a 5 percent uniform PIA increase 20 years after benefit eligibility. Phase in the PIA increase at 1 percent per year from the 16th through 20th years after eligibility. The full PIA increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to the SSA average wage index. Auxiliary beneficiaries receive benefit enhancement based on the PIA of the governing worker.
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 | 133 |
2028 | 117 | 114 |
2029 | 101 | 97 |
2030 | 84 | 79 |
2031 | 68 | 62 |
2032 | 53 | 46 |
2033 | 37 | 29 |
2034 | 22 | 13 |
2035 | 7 | -3 |
2036 | -9 | -20 |
2037 | -26 | -38 |
2038 | -43 | -56 |
2039 | -60 | -75 |
2040 | -78 | -94 |
2041 | -96 | -114 |
2042 | -115 | -134 |
2043 | -135 | -155 |
2044 | -154 | -176 |
2045 | -174 | -197 |
2046 | -194 | -219 |
2047 | -215 | -240 |
2048 | -235 | -262 |
2049 | -256 | -285 |
2050 | -277 | -307 |
2051 | -299 | -330 |
2052 | -320 | -353 |
2053 | -342 | -376 |
2054 | -364 | -399 |
2055 | -386 | -423 |
2056 | -409 | -447 |
2057 | -431 | -471 |
2058 | -455 | -495 |
2059 | -478 | -520 |
2060 | -502 | -546 |
2061 | -527 | -572 |
2062 | -553 | -598 |
2063 | -579 | -626 |
2064 | -605 | -654 |
2065 | -632 | -682 |
2066 | -660 | -711 |
2067 | -688 | -740 |
2068 | -716 | -770 |
2069 | -745 | -800 |
2070 | -774 | -830 |
2071 | -803 | -861 |
2072 | -834 | -893 |
2073 | -864 | -925 |
2074 | -895 | -957 |
2075 | -927 | -991 |
2076 | -960 | -1025 |
2077 | -993 | -1060 |
2078 | -1027 | -1096 |
2079 | -1062 | -1132 |
2080 | -1098 | -1170 |
2081 | -1134 | -1208 |
2082 | -1172 | -1247 |
2083 | -1209 | -1287 |
2084 | -1248 | -1327 |
2085 | -1287 | -1369 |
2086 | -1327 | -1411 |
2087 | -1368 | -1453 |
2088 | -1409 | -1496 |
2089 | -1450 | -1540 |
2090 | -1491 | -1583 |
2091 | -1532 | -1626 |
2092 | -1573 | -1668 |
2093 | -1612 | -1710 |
2094 | -1651 | -1751 |
2095 | -1689 | -1792 |
2096 | -1727 | -1832 |
2097 | -1764 | -1871 |
2098 | -1801 | -1910 |
2099 | -1838 | -1949 |
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