Proposed Provision: Reduce benefits by 5 percent for those newly eligible for benefits in 2009 and later
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
| | |
2008 | 359 | 359 |
2009 | 369 | 369 |
2010 | 378 | 380 |
2011 | 386 | 389 |
2012 | 392 | 395 |
2013 | 394 | 400 |
2014 | 395 | 403 |
2015 | 393 | 404 |
2016 | 390 | 403 |
2017 | 385 | 401 |
2018 | 378 | 398 |
2019 | 371 | 393 |
2020 | 361 | 387 |
2021 | 351 | 381 |
2022 | 341 | 373 |
2023 | 329 | 364 |
2024 | 316 | 355 |
2025 | 302 | 345 |
2026 | 287 | 334 |
2027 | 272 | 322 |
2028 | 256 | 309 |
2029 | 239 | 296 |
2030 | 221 | 282 |
2031 | 203 | 268 |
2032 | 185 | 254 |
2033 | 166 | 239 |
2034 | 147 | 224 |
2035 | 127 | 209 |
2036 | 108 | 194 |
2037 | 88 | 179 |
2038 | 67 | 164 |
2039 | 47 | 148 |
2040 | 26 | 133 |
2041 | 6 | 118 |
2042 | -15 | 102 |
2043 | -36 | 87 |
2044 | -57 | 71 |
2045 | -78 | 56 |
2046 | -100 | 40 |
2047 | -121 | 25 |
2048 | -143 | 9 |
2049 | -165 | -7 |
2050 | -187 | -23 |
2051 | -209 | -39 |
2052 | -232 | -55 |
2053 | -254 | -72 |
2054 | -277 | -89 |
2055 | -300 | -106 |
2056 | -324 | -123 |
2057 | -347 | -141 |
2058 | -372 | -158 |
2059 | -396 | -177 |
2060 | -421 | -195 |
2061 | -447 | -214 |
2062 | -472 | -233 |
2063 | -498 | -253 |
2064 | -525 | -273 |
2065 | -552 | -293 |
2066 | -579 | -313 |
2067 | -607 | -334 |
2068 | -635 | -355 |
2069 | -664 | -377 |
2070 | -693 | -399 |
2071 | -722 | -421 |
2072 | -752 | -444 |
2073 | -782 | -467 |
2074 | -813 | -491 |
2075 | -845 | -515 |
2076 | -876 | -539 |
2077 | -909 | -564 |
2078 | -942 | -589 |
2079 | -975 | -615 |
2080 | -1009 | -642 |
2081 | -1044 | -668 |
2082 | -1079 | -696 |
2083 | -1114 | -723 |
2084 | -1151 | -752 |
2085 | -1188 | -780 |
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