Proposed Provision: B3.14. Beginning with those newly eligible for OASDI benefits in 2022, reduce the 15 percent PIA factor by 2 percentage points per year so that it reaches 5 percent for those newly eligible in 2026 and later.

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

Year Current Law Provision
2020261261
2021248248
2022233233
2023217217
2024200200
2025183183
2026165165
2027148148
2028130130
2029112113
20309495
20317677
20325859
20333941
20342023
203515
2036-19-14
2037-38-33
2038-59-52
2039-80-72
2040-101-92
2041-122-112
2042-144-132
2043-166-153
2044-188-173
2045-210-194
2046-232-214
2047-255-235
2048-277-255
2049-299-276
2050-322-296
2051-344-317
2052-367-337
2053-389-357
2054-412-378
2055-434-398
2056-457-419
2057-480-440
2058-504-461
2059-527-482
2060-551-503
2061-575-525
2062-599-547
2063-624-569
2064-650-592
2065-676-616
2066-702-639
2067-728-663
2068-755-687
2069-782-712
2070-809-737
2071-837-763
2072-866-789
2073-895-815
2074-925-842
2075-955-870
2076-986-898
2077-1018-927
2078-1051-957
2079-1084-988
2080-1119-1019
2081-1154-1052
2082-1190-1084
2083-1226-1117
2084-1263-1151
2085-1300-1185
2086-1337-1219
2087-1374-1253
2088-1411-1286
2089-1448-1320
2090-1484-1353
2091-1520-1385
2092-1554-1417
2093-1589-1448
2094-1623-1479
2095-1657-1510
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