Proposed Provision: Beginning with those newly eligible in 2016, multiply the 90 and 32 PIA factors each year by 0.9925 and 0.982, respectively. Stop reductions in 2053. Beginning with those newly eligible in 2011, multiply the 15 factor by 0.982. Stop reduction of the 15 factor in 2048. DI will have present law scheduled benefit and proportional reduction at conversion to retired worker benefits at normal retirement age, based on years of disability.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
| | |
2008 | 359 | 359 |
2009 | 369 | 369 |
2010 | 378 | 378 |
2011 | 386 | 386 |
2012 | 392 | 392 |
2013 | 394 | 394 |
2014 | 395 | 395 |
2015 | 393 | 393 |
2016 | 390 | 390 |
2017 | 385 | 385 |
2018 | 378 | 380 |
2019 | 371 | 373 |
2020 | 361 | 365 |
2021 | 351 | 356 |
2022 | 341 | 347 |
2023 | 329 | 338 |
2024 | 316 | 327 |
2025 | 302 | 317 |
2026 | 287 | 305 |
2027 | 272 | 294 |
2028 | 256 | 282 |
2029 | 239 | 270 |
2030 | 221 | 258 |
2031 | 203 | 245 |
2032 | 185 | 233 |
2033 | 166 | 221 |
2034 | 147 | 210 |
2035 | 127 | 199 |
2036 | 108 | 188 |
2037 | 88 | 178 |
2038 | 67 | 168 |
2039 | 47 | 159 |
2040 | 26 | 151 |
2041 | 6 | 143 |
2042 | -15 | 136 |
2043 | -36 | 130 |
2044 | -57 | 125 |
2045 | -78 | 121 |
2046 | -100 | 117 |
2047 | -121 | 115 |
2048 | -143 | 113 |
2049 | -165 | 113 |
2050 | -187 | 113 |
2051 | -209 | 115 |
2052 | -232 | 117 |
2053 | -254 | 120 |
2054 | -277 | 124 |
2055 | -300 | 129 |
2056 | -324 | 135 |
2057 | -347 | 142 |
2058 | -372 | 150 |
2059 | -396 | 158 |
2060 | -421 | 167 |
2061 | -447 | 177 |
2062 | -472 | 188 |
2063 | -498 | 199 |
2064 | -525 | 211 |
2065 | -552 | 224 |
2066 | -579 | 236 |
2067 | -607 | 250 |
2068 | -635 | 263 |
2069 | -664 | 277 |
2070 | -693 | 292 |
2071 | -722 | 306 |
2072 | -752 | 321 |
2073 | -782 | 335 |
2074 | -813 | 350 |
2075 | -845 | 365 |
2076 | -876 | 380 |
2077 | -909 | 395 |
2078 | -942 | 411 |
2079 | -975 | 426 |
2080 | -1009 | 441 |
2081 | -1044 | 455 |
2082 | -1079 | 470 |
2083 | -1114 | 485 |
2084 | -1151 | 500 |
2085 | -1188 | 515 |
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