Proposed Provision: B5.11. Beginning for those newly eligible in 2025, reconfigure the special minimum benefit: (a) The number of years of work (YOWs) is determined as total quarters of coverage divided by 4, ignoring any fraction. Childcare years are granted to parents who have a child under 6, with a limit of 5 such years. (b) For beneficiaries becoming newly eligible in 2025, set the initial special minimum benefit for 30+ YOWs equal to 100 percent of the monthly HHS poverty level for 2024. For beneficiaries becoming newly eligible after 2025, the initial special minimum benefit is indexed by the AWI. For workers between 11 and 29 YOWs, reduce the special minimum by 3 1/3 percentage points per YOW so that at 29 YOWs the minimum would be 96 2/3% of poverty, ..., down to 11 YOWs at 36 2/3% of poverty. No minimum for 10 or fewer YOWs.

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

Year Current Law Provision
2024188188
2025171171
2026152152
2027134134
2028117117
2029101100
20308484
20316868
20325352
20333737
20342222
203576
2036-9-10
2037-26-27
2038-43-44
2039-60-62
2040-78-80
2041-96-99
2042-115-118
2043-135-137
2044-154-157
2045-174-177
2046-194-198
2047-215-219
2048-235-240
2049-256-261
2050-277-282
2051-299-304
2052-320-326
2053-342-348
2054-364-370
2055-386-393
2056-409-416
2057-431-439
2058-455-463
2059-478-487
2060-502-512
2061-527-537
2062-553-563
2063-579-590
2064-605-617
2065-632-644
2066-660-672
2067-688-701
2068-716-730
2069-745-759
2070-774-789
2071-803-819
2072-834-850
2073-864-881
2074-895-913
2075-927-945
2076-960-978
2077-993-1012
2078-1027-1047
2079-1062-1083
2080-1098-1119
2081-1134-1157
2082-1172-1194
2083-1209-1233
2084-1248-1272
2085-1287-1312
2086-1327-1353
2087-1368-1395
2088-1409-1437
2089-1450-1479
2090-1491-1521
2091-1532-1562
2092-1573-1603
2093-1612-1644
2094-1651-1683
2095-1689-1722
2096-1727-1761
2097-1764-1799
2098-1801-1837
2099-1838-1874
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