Proposed Provision: Price indexing of PIA formula factors beginning with those newly eligible for OASDI benefits in 2019: Reduce PIA formula factors so that initial benefits grow by inflation rather than by the SSA average wage index.

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

Year Present Law Provision
2012340340
2013329329
2014315315
2015302302
2016290290
2017277277
2018265265
2019253253
2020240241
2021227228
2022212214
2023197200
2024181185
2025164170
2026147154
2027129138
2028110122
202990105
20307088
20314970
20322752
2033534
2034-1816
2035-41-2
2036-65-20
2037-89-38
2038-114-56
2039-138-74
2040-163-91
2041-189-108
2042-215-124
2043-240-140
2044-266-155
2045-292-170
2046-319-185
2047-346-198
2048-373-211
2049-400-224
2050-428-235
2051-456-246
2052-484-256
2053-512-265
2054-540-273
2055-569-281
2056-598-287
2057-628-293
2058-657-298
2059-688-302
2060-719-305
2061-750-307
2062-782-309
2063-814-309
2064-847-308
2065-880-306
2066-913-303
2067-946-299
2068-980-293
2069-1014-287
2070-1049-279
2071-1084-271
2072-1120-261
2073-1156-250
2074-1193-238
2075-1230-224
2076-1268-209
2077-1307-193
2078-1346-176
2079-1385-157
2080-1425-136
2081-1465-114
2082-1505-91
2083-1547-66
2084-1588-39
2085-1631-11
2086-167319
2087-171750
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