Proposed Provision: Eliminate dropout years for OASI and DI computation of primary insurance amount (PIA) for individuals newly eligible for benefits from 2012 to 2020. Specifically, for OASDI benefit computation, reduce the maximum number of drop-out years from 5 for benefit eligibility in 2011, with a decrease of 1 computation year in 2012, 2014, 2016, 2018, and 2020.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2010 | 355 | 355 |
2011 | 353 | 353 |
2012 | 350 | 350 |
2013 | 346 | 346 |
2014 | 341 | 341 |
2015 | 335 | 336 |
2016 | 330 | 331 |
2017 | 324 | 326 |
2018 | 317 | 320 |
2019 | 309 | 313 |
2020 | 299 | 305 |
2021 | 289 | 296 |
2022 | 277 | 287 |
2023 | 264 | 276 |
2024 | 251 | 265 |
2025 | 237 | 252 |
2026 | 221 | 240 |
2027 | 205 | 226 |
2028 | 189 | 212 |
2029 | 171 | 198 |
2030 | 154 | 183 |
2031 | 136 | 168 |
2032 | 117 | 153 |
2033 | 98 | 137 |
2034 | 79 | 122 |
2035 | 59 | 106 |
2036 | 39 | 90 |
2037 | 19 | 74 |
2038 | -1 | 57 |
2039 | -21 | 41 |
2040 | -42 | 25 |
2041 | -63 | 9 |
2042 | -84 | -7 |
2043 | -105 | -23 |
2044 | -126 | -38 |
2045 | -147 | -54 |
2046 | -168 | -70 |
2047 | -189 | -86 |
2048 | -211 | -102 |
2049 | -233 | -118 |
2050 | -255 | -134 |
2051 | -277 | -150 |
2052 | -299 | -166 |
2053 | -321 | -182 |
2054 | -344 | -198 |
2055 | -366 | -215 |
2056 | -389 | -231 |
2057 | -412 | -248 |
2058 | -436 | -265 |
2059 | -460 | -283 |
2060 | -485 | -300 |
2061 | -509 | -318 |
2062 | -534 | -337 |
2063 | -560 | -355 |
2064 | -586 | -374 |
2065 | -612 | -393 |
2066 | -638 | -413 |
2067 | -665 | -432 |
2068 | -692 | -452 |
2069 | -720 | -473 |
2070 | -748 | -493 |
2071 | -776 | -515 |
2072 | -805 | -536 |
2073 | -834 | -558 |
2074 | -864 | -580 |
2075 | -894 | -603 |
2076 | -925 | -626 |
2077 | -957 | -650 |
2078 | -989 | -674 |
2079 | -1021 | -698 |
2080 | -1054 | -723 |
2081 | -1087 | -749 |
2082 | -1121 | -775 |
2083 | -1156 | -801 |
2084 | -1191 | -828 |
2085 | -1227 | -855 |
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