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
2017298298
2018287287
2019273273
2020259259
2021245245
2022230230
2023215215
2024199199
2025182182
2026165165
2027148147
2028130129
2029112111
20309492
20317573
20325654
20333733
20341612
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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