Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2019, multiply all PIA factors each year by 0.991. Stop reductions after 2047. Disabled workers are: (a) not affected prior to normal retirement age; and (b) subject to a proportional reduction in benefits, based on the worker's years of disability, upon conversion to retired-worker beneficiary status. Young survivors (children of deceased workers and surviving spouses with a child in care) are not affected.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248248
2020233233
2021219219
2022204204
2023189189
2024173174
2025157159
2026142144
2027126129
2028110114
20299498
20307783
20316067
20324250
20332334
2034416
2035-16-1
2036-36-19
2037-57-37
2038-78-55
2039-100-73
2040-122-91
2041-144-109
2042-166-127
2043-189-145
2044-211-162
2045-234-180
2046-257-197
2047-280-214
2048-303-230
2049-327-246
2050-351-262
2051-375-278
2052-398-293
2053-423-307
2054-447-322
2055-472-336
2056-496-350
2057-522-364
2058-548-377
2059-574-391
2060-601-404
2061-629-418
2062-657-431
2063-685-445
2064-714-458
2065-744-472
2066-774-485
2067-804-499
2068-835-513
2069-867-527
2070-899-541
2071-932-556
2072-965-571
2073-1000-586
2074-1035-602
2075-1072-618
2076-1110-635
2077-1148-652
2078-1188-670
2079-1228-687
2080-1268-705
2081-1309-723
2082-1350-741
2083-1391-759
2084-1432-776
2085-1472-794
2086-1514-812
2087-1555-831
2088-1597-849
2089-1640-868
2090-1683-888
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