Proposed Provision: Price indexing of PIA formula factors beginning with those newly eligible for OASDI benefits in 2018: Reduce PIA formula factors so that initial benefits grow by inflation rather than by increases in real wages.

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

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328328
2016321321
2017314314
2018306306
2019296296
2020284285
2021272273
2022259261
2023245249
2024230236
2025214222
2026198208
2027181194
2028164180
2029145165
2030127150
2031107135
203287119
203367104
20344689
20352574
2036460
2037-1846
2038-4032
2039-6218
2040-855
2041-108-7
2042-130-18
2043-153-29
2044-176-39
2045-200-49
2046-223-57
2047-247-65
2048-271-72
2049-295-78
2050-319-83
2051-343-86
2052-368-89
2053-393-91
2054-418-92
2055-443-91
2056-468-90
2057-494-88
2058-521-84
2059-548-79
2060-575-74
2061-602-67
2062-630-58
2063-659-49
2064-687-38
2065-716-26
2066-746-12
2067-7753
2068-80519
2069-83537
2070-86656
2071-89776
2072-92898
2073-960122
2074-992147
2075-1025173
2076-1058202
2077-1092232
2078-1126263
2079-1161297
2080-1196332
2081-1232369
2082-1268408
2083-1305449
2084-1342491
2085-1380536
2086-1419583
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