Proposed Provision: B3.15. Increase the 90 percent PIA formula factor to 91 percent for beneficiaries newly eligible in 2022, 92 percent for those newly eligible in 2023, ..., reaching 95 percent for those newly eligible in 2026 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2017 | 298 | 298 |
2018 | 287 | 287 |
2019 | 273 | 273 |
2020 | 259 | 259 |
2021 | 245 | 245 |
2022 | 230 | 230 |
2023 | 215 | 215 |
2024 | 199 | 199 |
2025 | 182 | 182 |
2026 | 165 | 165 |
2027 | 148 | 147 |
2028 | 130 | 129 |
2029 | 112 | 111 |
2030 | 94 | 92 |
2031 | 75 | 73 |
2032 | 56 | 54 |
2033 | 37 | 33 |
2034 | 16 | 12 |
2035 | -4 | -9 |
2036 | -26 | -31 |
2037 | -47 | -54 |
2038 | -70 | -77 |
2039 | -92 | -101 |
2040 | -115 | -124 |
2041 | -138 | -148 |
2042 | -161 | -173 |
2043 | -184 | -197 |
2044 | -207 | -221 |
2045 | -230 | -246 |
2046 | -253 | -270 |
2047 | -276 | -295 |
2048 | -300 | -319 |
2049 | -323 | -344 |
2050 | -346 | -369 |
2051 | -370 | -395 |
2052 | -393 | -420 |
2053 | -417 | -445 |
2054 | -440 | -470 |
2055 | -464 | -495 |
2056 | -487 | -521 |
2057 | -511 | -547 |
2058 | -536 | -573 |
2059 | -560 | -600 |
2060 | -585 | -627 |
2061 | -611 | -655 |
2062 | -637 | -683 |
2063 | -663 | -711 |
2064 | -690 | -740 |
2065 | -717 | -769 |
2066 | -745 | -799 |
2067 | -772 | -829 |
2068 | -801 | -859 |
2069 | -829 | -890 |
2070 | -858 | -921 |
2071 | -888 | -953 |
2072 | -918 | -986 |
2073 | -949 | -1020 |
2074 | -981 | -1054 |
2075 | -1014 | -1089 |
2076 | -1047 | -1125 |
2077 | -1082 | -1162 |
2078 | -1117 | -1200 |
2079 | -1153 | -1239 |
2080 | -1190 | -1278 |
2081 | -1227 | -1317 |
2082 | -1264 | -1357 |
2083 | -1300 | -1397 |
2084 | -1337 | -1436 |
2085 | -1374 | -1475 |
2086 | -1410 | -1514 |
2087 | -1446 | -1553 |
2088 | -1483 | -1593 |
2089 | -1520 | -1632 |
2090 | -1557 | -1672 |
2091 | -1595 | -1712 |
2092 | -1633 | -1754 |
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