Proposed Provision: B4.2. Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2020-2028.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2019 | 273 | 273 |
2020 | 260 | 260 |
2021 | 245 | 245 |
2022 | 229 | 229 |
2023 | 213 | 214 |
2024 | 197 | 197 |
2025 | 180 | 181 |
2026 | 163 | 164 |
2027 | 147 | 148 |
2028 | 130 | 132 |
2029 | 114 | 116 |
2030 | 97 | 100 |
2031 | 80 | 84 |
2032 | 63 | 68 |
2033 | 46 | 51 |
2034 | 28 | 35 |
2035 | 10 | 18 |
2036 | -9 | 0 |
2037 | -28 | -17 |
2038 | -47 | -35 |
2039 | -67 | -53 |
2040 | -87 | -72 |
2041 | -108 | -91 |
2042 | -129 | -109 |
2043 | -150 | -128 |
2044 | -171 | -147 |
2045 | -192 | -166 |
2046 | -213 | -185 |
2047 | -234 | -203 |
2048 | -255 | -222 |
2049 | -276 | -240 |
2050 | -297 | -258 |
2051 | -318 | -277 |
2052 | -338 | -295 |
2053 | -359 | -313 |
2054 | -380 | -331 |
2055 | -401 | -349 |
2056 | -422 | -367 |
2057 | -444 | -385 |
2058 | -465 | -403 |
2059 | -487 | -422 |
2060 | -509 | -441 |
2061 | -531 | -460 |
2062 | -554 | -479 |
2063 | -577 | -499 |
2064 | -601 | -520 |
2065 | -625 | -540 |
2066 | -649 | -561 |
2067 | -674 | -583 |
2068 | -699 | -604 |
2069 | -724 | -626 |
2070 | -749 | -648 |
2071 | -776 | -671 |
2072 | -802 | -694 |
2073 | -830 | -718 |
2074 | -857 | -742 |
2075 | -885 | -767 |
2076 | -914 | -793 |
2077 | -944 | -819 |
2078 | -975 | -846 |
2079 | -1007 | -873 |
2080 | -1039 | -902 |
2081 | -1072 | -931 |
2082 | -1106 | -960 |
2083 | -1139 | -989 |
2084 | -1173 | -1019 |
2085 | -1207 | -1049 |
2086 | -1242 | -1078 |
2087 | -1275 | -1108 |
2088 | -1309 | -1137 |
2089 | -1342 | -1166 |
2090 | -1375 | -1195 |
2091 | -1407 | -1223 |
2092 | -1439 | -1251 |
2093 | -1471 | -1279 |
2094 | -1503 | -1307 |
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