Proposed Provision: For each year from 2011-2041, multiply the 32 and 15 percent formula factors by 0.987, reducing the factors to 21 percent and 10 percent respectively, for new eligibles in 2041 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2010 | 355 | 355 |
2011 | 353 | 353 |
2012 | 350 | 351 |
2013 | 346 | 346 |
2014 | 341 | 342 |
2015 | 335 | 338 |
2016 | 330 | 333 |
2017 | 324 | 328 |
2018 | 317 | 323 |
2019 | 309 | 317 |
2020 | 299 | 309 |
2021 | 289 | 301 |
2022 | 277 | 292 |
2023 | 264 | 283 |
2024 | 251 | 272 |
2025 | 237 | 261 |
2026 | 221 | 250 |
2027 | 205 | 238 |
2028 | 189 | 226 |
2029 | 171 | 213 |
2030 | 154 | 201 |
2031 | 136 | 188 |
2032 | 117 | 175 |
2033 | 98 | 162 |
2034 | 79 | 150 |
2035 | 59 | 137 |
2036 | 39 | 125 |
2037 | 19 | 113 |
2038 | -1 | 101 |
2039 | -21 | 89 |
2040 | -42 | 78 |
2041 | -63 | 68 |
2042 | -84 | 58 |
2043 | -105 | 48 |
2044 | -126 | 39 |
2045 | -147 | 30 |
2046 | -168 | 21 |
2047 | -189 | 13 |
2048 | -211 | 6 |
2049 | -233 | -1 |
2050 | -255 | -8 |
2051 | -277 | -15 |
2052 | -299 | -21 |
2053 | -321 | -27 |
2054 | -344 | -33 |
2055 | -366 | -39 |
2056 | -389 | -45 |
2057 | -412 | -50 |
2058 | -436 | -56 |
2059 | -460 | -62 |
2060 | -485 | -67 |
2061 | -509 | -73 |
2062 | -534 | -79 |
2063 | -560 | -84 |
2064 | -586 | -90 |
2065 | -612 | -96 |
2066 | -638 | -102 |
2067 | -665 | -108 |
2068 | -692 | -115 |
2069 | -720 | -121 |
2070 | -748 | -128 |
2071 | -776 | -135 |
2072 | -805 | -142 |
2073 | -834 | -149 |
2074 | -864 | -157 |
2075 | -894 | -165 |
2076 | -925 | -173 |
2077 | -957 | -182 |
2078 | -989 | -191 |
2079 | -1021 | -200 |
2080 | -1054 | -209 |
2081 | -1087 | -219 |
2082 | -1121 | -229 |
2083 | -1156 | -239 |
2084 | -1191 | -250 |
2085 | -1227 | -261 |
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