Proposed Provision: B6.1. Provide a 5 percent increase to the monthly benefit amount (MBA) of any beneficiary who is 85 or older at the beginning of 2024 or who reaches their 85th birthday after the beginning of 2024.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2023 | 204 | 204 |
| 2024 | 187 | 186 |
| 2025 | 168 | 167 |
| 2026 | 149 | 148 |
| 2027 | 131 | 130 |
| 2028 | 114 | 112 |
| 2029 | 96 | 94 |
| 2030 | 78 | 76 |
| 2031 | 60 | 57 |
| 2032 | 43 | 39 |
| 2033 | 25 | 21 |
| 2034 | 7 | 3 |
| 2035 | -12 | -17 |
| 2036 | -31 | -36 |
| 2037 | -51 | -56 |
| 2038 | -70 | -77 |
| 2039 | -91 | -98 |
| 2040 | -112 | -119 |
| 2041 | -133 | -141 |
| 2042 | -154 | -163 |
| 2043 | -176 | -185 |
| 2044 | -198 | -208 |
| 2045 | -220 | -230 |
| 2046 | -243 | -253 |
| 2047 | -265 | -277 |
| 2048 | -288 | -300 |
| 2049 | -311 | -323 |
| 2050 | -333 | -347 |
| 2051 | -357 | -371 |
| 2052 | -380 | -395 |
| 2053 | -403 | -419 |
| 2054 | -427 | -443 |
| 2055 | -450 | -467 |
| 2056 | -474 | -492 |
| 2057 | -498 | -516 |
| 2058 | -522 | -541 |
| 2059 | -547 | -566 |
| 2060 | -572 | -592 |
| 2061 | -597 | -618 |
| 2062 | -623 | -645 |
| 2063 | -650 | -672 |
| 2064 | -677 | -700 |
| 2065 | -705 | -729 |
| 2066 | -733 | -757 |
| 2067 | -762 | -787 |
| 2068 | -791 | -816 |
| 2069 | -820 | -846 |
| 2070 | -850 | -877 |
| 2071 | -880 | -907 |
| 2072 | -911 | -939 |
| 2073 | -942 | -971 |
| 2074 | -974 | -1003 |
| 2075 | -1006 | -1036 |
| 2076 | -1039 | -1070 |
| 2077 | -1074 | -1104 |
| 2078 | -1108 | -1140 |
| 2079 | -1144 | -1177 |
| 2080 | -1181 | -1214 |
| 2081 | -1218 | -1252 |
| 2082 | -1256 | -1291 |
| 2083 | -1294 | -1330 |
| 2084 | -1333 | -1370 |
| 2085 | -1373 | -1410 |
| 2086 | -1413 | -1451 |
| 2087 | -1453 | -1493 |
| 2088 | -1494 | -1534 |
| 2089 | -1534 | -1575 |
| 2090 | -1574 | -1616 |
| 2091 | -1613 | -1656 |
| 2092 | -1651 | -1696 |
| 2093 | -1689 | -1734 |
| 2094 | -1726 | -1772 |
| 2095 | -1762 | -1810 |
| 2096 | -1798 | -1847 |
| 2097 | -1833 | -1883 |
| 2098 | -1868 | -1919 |
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