Proposed Provision: Beginning with those newly eligible in 2018, multiply the 90 and 32 PIA factors each year by 0.9925 and 0.982, respectively. Stop reductions in 2055. Beginning with those newly eligible in 2013, multiply the 15 factor by 0.982. Stop reduction of the 15 factor in 2050. Disabled workers 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
2010355355
2011353353
2012350350
2013346346
2014341341
2015335336
2016330331
2017324325
2018317318
2019309311
2020299302
2021289292
2022277282
2023264271
2024251259
2025237246
2026221233
2027205220
2028189206
2029171192
2030154178
2031136163
2032117149
203398135
203479121
203559107
20363993
20371980
2038-167
2039-2155
2040-4243
2041-6332
2042-8421
2043-10511
2044-1262
2045-147-7
2046-168-15
2047-189-22
2048-211-28
2049-233-34
2050-255-38
2051-277-42
2052-299-45
2053-321-47
2054-344-48
2055-366-49
2056-389-49
2057-412-47
2058-436-45
2059-460-43
2060-485-39
2061-509-35
2062-534-29
2063-560-23
2064-586-17
2065-612-9
2066-638-1
2067-6657
2068-69216
2069-72026
2070-74835
2071-77645
2072-80556
2073-83466
2074-86477
2075-89488
2076-92599
2077-957111
2078-989122
2079-1021134
2080-1054145
2081-1087156
2082-1121168
2083-1156179
2084-1191191
2085-1227202
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