Proposed Provision: Starting in 2011, provide a 5% uniform benefit increase, beginning 20 years after eligibility. The benefit increase would be phased in at 1% per year from the 20th through 24th years after initial benefit eligibility. For disabled workers the eligibility age would be the initial entitlement year to the benefit. The benefit increase is equal to 5% of the PIA of a worker assumed to have career-average earnings equal to SSA’s average wage index.

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

Year Present Law Provision
2010355355
2011353351
2012350347
2013346341
2014341336
2015335330
2016330324
2017324317
2018317310
2019309301
2020299292
2021289281
2022277268
2023264255
2024251241
2025237226
2026221211
2027205194
2028189177
2029171159
2030154141
2031136122
2032117103
20339883
20347963
20355942
20363922
2037191
2038-1-20
2039-21-42
2040-42-63
2041-63-85
2042-84-107
2043-105-129
2044-126-151
2045-147-174
2046-168-196
2047-189-219
2048-211-242
2049-233-265
2050-255-288
2051-277-311
2052-299-335
2053-321-359
2054-344-383
2055-366-407
2056-389-431
2057-412-456
2058-436-481
2059-460-506
2060-485-532
2061-509-559
2062-534-585
2063-560-612
2064-586-639
2065-612-667
2066-638-695
2067-665-723
2068-692-752
2069-720-781
2070-748-810
2071-776-840
2072-805-870
2073-834-901
2074-864-932
2075-894-964
2076-925-997
2077-957-1030
2078-989-1063
2079-1021-1097
2080-1054-1132
2081-1087-1167
2082-1121-1203
2083-1156-1239
2084-1191-1276
2085-1227-1314
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