Skip to content
Social Security Online 		Actuarial Publications
www.socialsecurity.gov Home   FAQs   Contact Us   Search
 
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables
Level of Monthly Benefits (PIA)

Description of Proposed Provision:
Progressive price indexing of PIA formula factors beginning with individuals newly eligible for OASDI benefits in 2017. Create new bend point at the 60th percentile of earners. Maintain current-law benefits for earners at the 60th percentile and below and reduce upper 2 formula factors (32% and 15%) such that maximum worker benefit grows by inflation rather than the growth in average wages.

 

Financial Estimates for the OASDI Trust Fund Program
 
  Proposal
   Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

 Trust fund
ratio as of
January 1		 Expressed as a percentage of
present-law taxable payroll
Calendar
year		 Cost
rate		 Income
rate		 Annual
balance
Cost
rate		 Income
rate		 Annual
balance
201013.0912.33-0.76
355
0.000.000.00
201113.0412.91-0.12
353
0.000.000.00
201212.8412.870.03
350
0.000.000.00
201312.8212.900.08
346
0.000.000.00
201412.8612.920.06
341
0.000.000.00
201512.9812.94-0.04
335
0.000.000.00
201613.1012.96-0.14
330
0.000.000.00
201713.3012.99-0.31
324
0.000.000.00
201813.5413.01-0.52
317
-0.010.000.01
201913.8213.03-0.79
309
-0.020.000.02
202014.1213.05-1.07
300
-0.030.000.03
202114.4213.06-1.35
290
-0.040.000.04
202214.6913.08-1.61
279
-0.050.000.05
202314.9513.10-1.86
267
-0.070.000.07
202415.1913.11-2.08
254
-0.090.000.09
202515.4213.13-2.29
240
-0.12-0.010.11
202615.6213.14-2.48
226
-0.14-0.010.13
202715.7913.15-2.64
211
-0.17-0.010.16
202815.9413.16-2.78
195
-0.19-0.010.18
202916.0613.17-2.89
179
-0.22-0.010.21
203016.1613.18-2.98
163
-0.25-0.010.24
203116.2313.19-3.04
146
-0.28-0.010.26
203216.2813.19-3.09
129
-0.31-0.020.29
203316.3213.20-3.12
112
-0.34-0.020.32
203416.3313.20-3.13
95
-0.37-0.020.35
203516.3213.20-3.12
77
-0.41-0.020.38
203616.3013.20-3.09
59
-0.44-0.020.42
203716.2613.20-3.06
41
-0.47-0.020.45
203816.2113.20-3.00
24
-0.51-0.030.48
203916.1413.20-2.94
6
-0.54-0.030.51
204016.0713.20-2.87
----
-0.58-0.030.55
204115.9913.20-2.79
----
-0.61-0.030.58
204215.9113.19-2.71
----
-0.65-0.030.61
204315.8313.19-2.64
----
-0.68-0.040.64
204415.7613.19-2.57
----
-0.72-0.040.68
204515.6913.19-2.50
----
-0.75-0.040.71
204615.6313.18-2.45
----
-0.79-0.040.75
204715.5713.18-2.39
----
-0.83-0.040.78
204815.5113.18-2.33
----
-0.86-0.050.82
204915.4513.18-2.28
----
-0.90-0.050.85
205015.4013.17-2.22
----
-0.93-0.050.88
205115.3513.17-2.18
----
-0.97-0.050.92
205215.3213.17-2.14
----
-1.01-0.050.95
205315.2913.17-2.12
----
-1.04-0.060.99
205415.2713.17-2.10
----
-1.08-0.061.02
205515.2513.17-2.08
----
-1.11-0.061.05
205615.2413.17-2.07
----
-1.15-0.061.09
205715.2313.17-2.06
----
-1.18-0.061.12
205815.2313.17-2.05
----
-1.21-0.071.15
205915.2213.17-2.05
----
-1.24-0.071.17
206015.2113.17-2.04
----
-1.27-0.071.20
206115.2113.17-2.04
----
-1.29-0.071.22
206215.2113.17-2.04
----
-1.32-0.071.25
206315.2213.18-2.04
----
-1.34-0.071.27
206415.2213.18-2.05
----
-1.36-0.081.29
206515.2313.18-2.06
----
-1.38-0.081.31
206615.2513.18-2.07
----
-1.40-0.081.33
206715.2613.18-2.08
----
-1.42-0.081.34
206815.2913.18-2.10
----
-1.44-0.081.36
206915.3113.18-2.13
----
-1.46-0.081.38
207015.3413.19-2.15
----
-1.47-0.081.39
207115.3613.19-2.18
----
-1.49-0.081.40
207215.3913.19-2.20
----
-1.50-0.081.42
207315.4213.19-2.23
----
-1.51-0.081.43
207415.4613.19-2.26
----
-1.53-0.081.44
207515.4913.20-2.29
----
-1.54-0.091.45
207615.5213.20-2.32
----
-1.55-0.091.46
207715.5613.20-2.35
----
-1.56-0.091.47
207815.5913.20-2.39
----
-1.57-0.091.48
207915.6313.21-2.42
----
-1.58-0.091.49
208015.6613.21-2.45
----
-1.59-0.091.50
208115.7013.21-2.49
----
-1.60-0.091.51
208215.7313.21-2.52
----
-1.61-0.091.52
208315.7713.22-2.56
----
-1.61-0.091.52
208415.8113.22-2.59
----
-1.62-0.091.53
208515.8513.22-2.63
----
-1.62-0.091.53



 

Summarized Estimates
 
  Proposal
   Change from Present Law
Years Cost
rate		 Income
rate		 Actuarial
balance
Year of
exhaustion1
Cost
rate		 Income
rate		 Actuarial
balance
 
Based on Intermediate Assumptions of the 2010 Trustees Report.
2010-2084 15.25% 13.97% -1.28%
2039
-0.67% -0.04% 0.64%
 
1 Under present law, the year of exhaustion is 2037.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified March 2, 2011