Proposed Provision: B4.1. Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 38, phased in over the years 2022-2026.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2021 | 253 | 253 |
2022 | 231 | 231 |
2023 | 214 | 214 |
2024 | 196 | 196 |
2025 | 178 | 178 |
2026 | 159 | 160 |
2027 | 141 | 141 |
2028 | 122 | 123 |
2029 | 104 | 105 |
2030 | 85 | 86 |
2031 | 66 | 67 |
2032 | 46 | 49 |
2033 | 27 | 30 |
2034 | 7 | 10 |
2035 | -13 | -9 |
2036 | -33 | -29 |
2037 | -54 | -49 |
2038 | -76 | -70 |
2039 | -97 | -90 |
2040 | -119 | -112 |
2041 | -142 | -133 |
2042 | -165 | -155 |
2043 | -188 | -177 |
2044 | -211 | -199 |
2045 | -235 | -221 |
2046 | -258 | -244 |
2047 | -282 | -266 |
2048 | -306 | -289 |
2049 | -330 | -312 |
2050 | -354 | -335 |
2051 | -378 | -357 |
2052 | -403 | -380 |
2053 | -427 | -404 |
2054 | -452 | -427 |
2055 | -477 | -450 |
2056 | -502 | -474 |
2057 | -527 | -497 |
2058 | -552 | -521 |
2059 | -578 | -545 |
2060 | -604 | -569 |
2061 | -630 | -593 |
2062 | -657 | -619 |
2063 | -684 | -644 |
2064 | -712 | -670 |
2065 | -740 | -696 |
2066 | -768 | -722 |
2067 | -796 | -749 |
2068 | -825 | -777 |
2069 | -855 | -804 |
2070 | -884 | -832 |
2071 | -914 | -860 |
2072 | -945 | -889 |
2073 | -976 | -918 |
2074 | -1007 | -947 |
2075 | -1039 | -977 |
2076 | -1071 | -1008 |
2077 | -1105 | -1040 |
2078 | -1139 | -1072 |
2079 | -1175 | -1105 |
2080 | -1211 | -1140 |
2081 | -1248 | -1174 |
2082 | -1286 | -1210 |
2083 | -1324 | -1246 |
2084 | -1363 | -1283 |
2085 | -1403 | -1320 |
2086 | -1443 | -1357 |
2087 | -1483 | -1395 |
2088 | -1524 | -1434 |
2089 | -1564 | -1472 |
2090 | -1604 | -1509 |
2091 | -1643 | -1545 |
2092 | -1681 | -1581 |
2093 | -1718 | -1615 |
2094 | -1754 | -1649 |
2095 | -1789 | -1682 |
2096 | -1825 | -1716 |
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