Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2015, multiply all PIA formula factors each year by 0.991. Stop reductions after 2043. Disabled workers are: (a) not affected prior to normal retirement age; and (b) subject to a proportional reduction in benefits, based on the worker's years of disability, upon conversion to retired worker beneficiary status. Young survivors (children of deceased workers and surviving spouses with a child in care) are not affected.

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

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328328
2016321321
2017314314
2018306306
2019296297
2020284286
2021272274
2022259262
2023245249
2024230236
2025214222
2026198208
2027181193
2028164178
2029145162
2030127146
2031107129
203287113
20336796
20344680
20352563
2036446
2037-1830
2038-4013
2039-62-3
2040-85-19
2041-108-35
2042-130-50
2043-153-65
2044-176-80
2045-200-94
2046-223-108
2047-247-122
2048-271-135
2049-295-147
2050-319-160
2051-343-172
2052-368-183
2053-393-194
2054-418-205
2055-443-215
2056-468-226
2057-494-236
2058-521-246
2059-548-256
2060-575-265
2061-602-275
2062-630-284
2063-659-294
2064-687-303
2065-716-312
2066-746-322
2067-775-331
2068-805-340
2069-835-349
2070-866-358
2071-897-368
2072-928-378
2073-960-387
2074-992-398
2075-1025-408
2076-1058-418
2077-1092-429
2078-1126-440
2079-1161-452
2080-1196-463
2081-1232-475
2082-1268-487
2083-1305-500
2084-1342-513
2085-1380-526
2086-1419-539
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