Proposed Provision: Beginning in 2015, reconfigure the special minimum benefit: (a) A year of coverage is defined as a year in which either 20 percent of the old law maximum is earned or a child is in care. Childcare years are granted to parents who have a child under 6, with a limit of 8 such years. (b) At implementation, set the PIA for 30 years of coverage equal to 133 percent of the poverty level. For those with under 30 years of coverage, the PIA per year of coverage over 19 is 12.09 percent of poverty. (c) Use the 2012 Aged Federal poverty level, increased by the SSA average wage index to 2 years prior to benefit eligibility. (d) Scale work requirements for disabled workers, based on the number of years of non-disabled potential work.

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

Year Present Law Provision
2013330330
2014315315
2015301301
2016286285
2017271271
2018257257
2019244244
2020231230
2021218217
2022204202
2023189187
2024173172
2025158156
2026142139
2027125122
2028108105
20299087
20307167
20315248
20323127
2033116
2034-11-16
2035-32-38
2036-55-61
2037-78-84
2038-101-108
2039-124-132
2040-148-156
2041-172-180
2042-196-205
2043-220-230
2044-245-255
2045-269-280
2046-294-306
2047-319-331
2048-345-358
2049-371-384
2050-397-411
2051-423-437
2052-449-464
2053-476-492
2054-502-519
2055-530-547
2056-557-575
2057-585-603
2058-613-633
2059-642-662
2060-671-692
2061-701-723
2062-732-754
2063-763-786
2064-794-818
2065-826-851
2066-859-884
2067-892-918
2068-925-952
2069-959-987
2070-993-1022
2071-1028-1058
2072-1064-1095
2073-1101-1133
2074-1139-1172
2075-1178-1212
2076-1217-1252
2077-1258-1294
2078-1299-1336
2079-1340-1378
2080-1382-1421
2081-1424-1464
2082-1466-1507
2083-1508-1550
2084-1550-1593
2085-1592-1636
2086-1635-1680
2087-1678-1724
2088-1722-1769
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