Proposed Provision: Eliminate dropout years for OASI and DI computation of primary insurance amount (PIA) for individuals newly eligible for benefits from 2010 to 2018. Specifically, for OASDI benefit computation, reduce the maximum number of drop-out years from 5 for benefit eligibility in 2009, with a decrease of 1 computation year in 2010, 2012, 2014, 2016, and 2018.
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 | 387 |
2012 | 392 | 392 |
2013 | 394 | 395 |
2014 | 395 | 397 |
2015 | 393 | 396 |
2016 | 390 | 395 |
2017 | 385 | 391 |
2018 | 378 | 387 |
2019 | 371 | 381 |
2020 | 361 | 375 |
2021 | 351 | 368 |
2022 | 341 | 360 |
2023 | 329 | 351 |
2024 | 316 | 341 |
2025 | 302 | 330 |
2026 | 287 | 319 |
2027 | 272 | 307 |
2028 | 256 | 294 |
2029 | 239 | 281 |
2030 | 221 | 267 |
2031 | 203 | 253 |
2032 | 185 | 239 |
2033 | 166 | 224 |
2034 | 147 | 209 |
2035 | 127 | 194 |
2036 | 108 | 179 |
2037 | 88 | 164 |
2038 | 67 | 149 |
2039 | 47 | 134 |
2040 | 26 | 119 |
2041 | 6 | 104 |
2042 | -15 | 89 |
2043 | -36 | 74 |
2044 | -57 | 59 |
2045 | -78 | 44 |
2046 | -100 | 29 |
2047 | -121 | 13 |
2048 | -143 | -2 |
2049 | -165 | -17 |
2050 | -187 | -32 |
2051 | -209 | -48 |
2052 | -232 | -63 |
2053 | -254 | -79 |
2054 | -277 | -95 |
2055 | -300 | -111 |
2056 | -324 | -128 |
2057 | -347 | -145 |
2058 | -372 | -162 |
2059 | -396 | -179 |
2060 | -421 | -197 |
2061 | -447 | -214 |
2062 | -472 | -233 |
2063 | -498 | -251 |
2064 | -525 | -270 |
2065 | -552 | -289 |
2066 | -579 | -309 |
2067 | -607 | -329 |
2068 | -635 | -349 |
2069 | -664 | -369 |
2070 | -693 | -390 |
2071 | -722 | -412 |
2072 | -752 | -433 |
2073 | -782 | -455 |
2074 | -813 | -478 |
2075 | -845 | -501 |
2076 | -876 | -524 |
2077 | -909 | -548 |
2078 | -942 | -572 |
2079 | -975 | -597 |
2080 | -1009 | -622 |
2081 | -1044 | -647 |
2082 | -1079 | -673 |
2083 | -1114 | -700 |
2084 | -1151 | -727 |
2085 | -1188 | -755 |
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