Proposed Provision: B3.11. Increase the first PIA factor from 90 percent to 93 percent for all beneficiaries eligible as of January 2023 and for those newly eligible for benefits after 2022.

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

Year Current Law Provision
2021253253
2022231231
2023214210
2024196192
2025178172
2026159153
2027141134
2028122114
202910494
20308575
20316655
20324634
20332714
20347-7
2035-13-28
2036-33-50
2037-54-72
2038-76-94
2039-97-117
2040-119-141
2041-142-164
2042-165-188
2043-188-213
2044-211-237
2045-235-262
2046-258-287
2047-282-312
2048-306-337
2049-330-363
2050-354-388
2051-378-414
2052-403-440
2053-427-466
2054-452-492
2055-477-518
2056-502-544
2057-527-570
2058-552-597
2059-578-624
2060-604-651
2061-630-679
2062-657-707
2063-684-735
2064-712-764
2065-740-793
2066-768-823
2067-796-853
2068-825-883
2069-855-914
2070-884-945
2071-914-976
2072-945-1008
2073-976-1040
2074-1007-1072
2075-1039-1106
2076-1071-1140
2077-1105-1175
2078-1139-1211
2079-1175-1248
2080-1211-1286
2081-1248-1324
2082-1286-1364
2083-1324-1404
2084-1363-1445
2085-1403-1486
2086-1443-1528
2087-1483-1570
2088-1524-1613
2089-1564-1655
2090-1604-1697
2091-1643-1738
2092-1681-1777
2093-1718-1816
2094-1754-1854
2095-1789-1891
2096-1825-1928
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