Proposed Provision: B5.5. Beginning for those newly eligible in 2021, reconfigure the special minimum benefit: (a) A year of coverage is defined as a year in which either 20 percent of the "old law maximum" is earned or a child is in care. Childcare years are granted to parents who have a child under 6, with a limit of 8 such years. (b) At implementation, set the PIA for 30 years of coverage equal to 133 percent of the Census monthly poverty level (about $1,335 in 2018). For those with under 30 years of coverage, the PIA per year of coverage over 19 years is $1,335/11 = $121.40. (c) Index the initial PIA per year of coverage by wage growth for successive cohorts. (d) Scale work requirements for disabled workers, based on the number of years of non-disabled potential work.

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

Year Current Law Provision
2019273273
2020260260
2021245245
2022229229
2023213213
2024197197
2025180180
2026163163
2027147147
2028130130
2029114113
20309796
20318079
20326362
20334645
20342827
2035108
2036-9-10
2037-28-30
2038-47-49
2039-67-69
2040-87-90
2041-108-111
2042-129-132
2043-150-153
2044-171-174
2045-192-195
2046-213-216
2047-234-238
2048-255-259
2049-276-280
2050-297-301
2051-318-323
2052-338-344
2053-359-365
2054-380-386
2055-401-408
2056-422-429
2057-444-451
2058-465-472
2059-487-494
2060-509-517
2061-531-539
2062-554-562
2063-577-586
2064-601-610
2065-625-634
2066-649-659
2067-674-684
2068-699-709
2069-724-735
2070-749-761
2071-776-787
2072-802-814
2073-830-842
2074-857-870
2075-885-899
2076-914-928
2077-944-958
2078-975-990
2079-1007-1022
2080-1039-1055
2081-1072-1088
2082-1106-1122
2083-1139-1156
2084-1173-1190
2085-1207-1225
2086-1242-1259
2087-1275-1294
2088-1309-1328
2089-1342-1361
2090-1375-1395
2091-1407-1427
2092-1439-1460
2093-1471-1492
2094-1503-1525
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