Proposed Provision: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2014-2022.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2013 | 330 | 330 |
2014 | 315 | 316 |
2015 | 301 | 301 |
2016 | 286 | 286 |
2017 | 271 | 271 |
2018 | 257 | 258 |
2019 | 244 | 245 |
2020 | 231 | 233 |
2021 | 218 | 220 |
2022 | 204 | 207 |
2023 | 189 | 193 |
2024 | 173 | 178 |
2025 | 158 | 164 |
2026 | 142 | 149 |
2027 | 125 | 134 |
2028 | 108 | 118 |
2029 | 90 | 101 |
2030 | 71 | 84 |
2031 | 52 | 67 |
2032 | 31 | 48 |
2033 | 11 | 30 |
2034 | -11 | 10 |
2035 | -32 | -9 |
2036 | -55 | -30 |
2037 | -78 | -50 |
2038 | -101 | -71 |
2039 | -124 | -91 |
2040 | -148 | -112 |
2041 | -172 | -134 |
2042 | -196 | -155 |
2043 | -220 | -176 |
2044 | -245 | -197 |
2045 | -269 | -219 |
2046 | -294 | -240 |
2047 | -319 | -262 |
2048 | -345 | -284 |
2049 | -371 | -307 |
2050 | -397 | -329 |
2051 | -423 | -351 |
2052 | -449 | -374 |
2053 | -476 | -397 |
2054 | -502 | -420 |
2055 | -530 | -443 |
2056 | -557 | -466 |
2057 | -585 | -490 |
2058 | -613 | -515 |
2059 | -642 | -540 |
2060 | -671 | -565 |
2061 | -701 | -591 |
2062 | -732 | -617 |
2063 | -763 | -644 |
2064 | -794 | -671 |
2065 | -826 | -699 |
2066 | -859 | -727 |
2067 | -892 | -755 |
2068 | -925 | -784 |
2069 | -959 | -814 |
2070 | -993 | -844 |
2071 | -1028 | -874 |
2072 | -1064 | -906 |
2073 | -1101 | -938 |
2074 | -1139 | -971 |
2075 | -1178 | -1004 |
2076 | -1217 | -1039 |
2077 | -1258 | -1074 |
2078 | -1299 | -1110 |
2079 | -1340 | -1146 |
2080 | -1382 | -1183 |
2081 | -1424 | -1219 |
2082 | -1466 | -1256 |
2083 | -1508 | -1292 |
2084 | -1550 | -1329 |
2085 | -1592 | -1366 |
2086 | -1635 | -1403 |
2087 | -1678 | -1441 |
2088 | -1722 | -1480 |
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