Proposed Provision: Reduce benefits by 5 percent for those newly eligible for benefits in 2013 and later.

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

Year Present Law Provision
2012340340
2013329329
2014315316
2015302304
2016290292
2017277281
2018265271
2019253260
2020240249
2021227238
2022212225
2023197212
2024181198
2025164184
2026147169
2027129153
2028110137
202990120
203070103
20314985
20322766
2033547
2034-1828
2035-418
2036-65-12
2037-89-33
2038-114-53
2039-138-74
2040-163-95
2041-189-116
2042-215-137
2043-240-158
2044-266-180
2045-292-201
2046-319-223
2047-346-245
2048-373-267
2049-400-289
2050-428-311
2051-456-334
2052-484-356
2053-512-379
2054-540-402
2055-569-426
2056-598-449
2057-628-473
2058-657-497
2059-688-522
2060-719-547
2061-750-573
2062-782-598
2063-814-625
2064-847-651
2065-880-678
2066-913-705
2067-946-732
2068-980-759
2069-1014-787
2070-1049-815
2071-1084-844
2072-1120-873
2073-1156-903
2074-1193-933
2075-1230-964
2076-1268-995
2077-1307-1027
2078-1346-1059
2079-1385-1091
2080-1425-1123
2081-1465-1157
2082-1505-1190
2083-1547-1224
2084-1588-1258
2085-1631-1293
2086-1673-1329
2087-1717-1365
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