Proposed Provision: Reduce benefits by 3 percent for those newly eligible for benefits in 2014 and later.
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 | 272 |
2018 | 257 | 259 |
2019 | 244 | 247 |
2020 | 231 | 235 |
2021 | 218 | 222 |
2022 | 204 | 209 |
2023 | 189 | 196 |
2024 | 173 | 182 |
2025 | 158 | 167 |
2026 | 142 | 152 |
2027 | 125 | 137 |
2028 | 108 | 121 |
2029 | 90 | 105 |
2030 | 71 | 88 |
2031 | 52 | 70 |
2032 | 31 | 52 |
2033 | 11 | 33 |
2034 | -11 | 13 |
2035 | -32 | -7 |
2036 | -55 | -27 |
2037 | -78 | -47 |
2038 | -101 | -68 |
2039 | -124 | -90 |
2040 | -148 | -111 |
2041 | -172 | -132 |
2042 | -196 | -154 |
2043 | -220 | -176 |
2044 | -245 | -198 |
2045 | -269 | -220 |
2046 | -294 | -242 |
2047 | -319 | -264 |
2048 | -345 | -287 |
2049 | -371 | -310 |
2050 | -397 | -333 |
2051 | -423 | -356 |
2052 | -449 | -379 |
2053 | -476 | -402 |
2054 | -502 | -426 |
2055 | -530 | -450 |
2056 | -557 | -475 |
2057 | -585 | -499 |
2058 | -613 | -525 |
2059 | -642 | -550 |
2060 | -671 | -577 |
2061 | -701 | -603 |
2062 | -732 | -630 |
2063 | -763 | -658 |
2064 | -794 | -686 |
2065 | -826 | -715 |
2066 | -859 | -744 |
2067 | -892 | -773 |
2068 | -925 | -803 |
2069 | -959 | -834 |
2070 | -993 | -865 |
2071 | -1028 | -896 |
2072 | -1064 | -929 |
2073 | -1101 | -962 |
2074 | -1139 | -996 |
2075 | -1178 | -1031 |
2076 | -1217 | -1066 |
2077 | -1258 | -1103 |
2078 | -1299 | -1140 |
2079 | -1340 | -1177 |
2080 | -1382 | -1215 |
2081 | -1424 | -1252 |
2082 | -1466 | -1290 |
2083 | -1508 | -1328 |
2084 | -1550 | -1366 |
2085 | -1592 | -1404 |
2086 | -1635 | -1443 |
2087 | -1678 | -1482 |
2088 | -1722 | -1521 |
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