Proposed Provision: Reduce benefits by 3 percent for those newly eligible for benefits in 2012 and later.

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

Year Present Law Provision
2011353353
2012347347
2013341341
2014334335
2015328329
2016321324
2017314317
2018306310
2019296302
2020284292
2021272281
2022259269
2023245256
2024230243
2025214229
2026198215
2027181200
2028164184
2029145167
2030127150
2031107133
203287115
20336796
20344678
20352559
2036440
2037-1820
2038-401
2039-62-19
2040-85-39
2041-108-59
2042-130-79
2043-153-99
2044-176-119
2045-200-139
2046-223-160
2047-247-180
2048-271-201
2049-295-222
2050-319-243
2051-343-264
2052-368-286
2053-393-307
2054-418-329
2055-443-351
2056-468-373
2057-494-395
2058-521-418
2059-548-442
2060-575-466
2061-602-490
2062-630-514
2063-659-539
2064-687-564
2065-716-589
2066-746-615
2067-775-640
2068-805-667
2069-835-693
2070-866-720
2071-897-747
2072-928-774
2073-960-802
2074-992-831
2075-1025-859
2076-1058-889
2077-1092-919
2078-1126-949
2079-1161-979
2080-1196-1011
2081-1232-1042
2082-1268-1074
2083-1305-1107
2084-1342-1140
2085-1380-1173
2086-1419-1208
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