Proposed Provision: Price indexing of PIA factors beginning with those newly eligible for OASDI benefits in 2022: Reduce 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 |
2015 | 308 | 308 |
2016 | 298 | 298 |
2017 | 280 | 280 |
2018 | 264 | 264 |
2019 | 248 | 248 |
2020 | 233 | 233 |
2021 | 219 | 219 |
2022 | 204 | 204 |
2023 | 189 | 189 |
2024 | 173 | 173 |
2025 | 157 | 158 |
2026 | 142 | 143 |
2027 | 126 | 128 |
2028 | 110 | 113 |
2029 | 94 | 98 |
2030 | 77 | 83 |
2031 | 60 | 67 |
2032 | 42 | 51 |
2033 | 23 | 34 |
2034 | 4 | 18 |
2035 | -16 | 1 |
2036 | -36 | -16 |
2037 | -57 | -33 |
2038 | -78 | -50 |
2039 | -100 | -67 |
2040 | -122 | -83 |
2041 | -144 | -100 |
2042 | -166 | -116 |
2043 | -189 | -131 |
2044 | -211 | -146 |
2045 | -234 | -161 |
2046 | -257 | -175 |
2047 | -280 | -188 |
2048 | -303 | -201 |
2049 | -327 | -213 |
2050 | -351 | -225 |
2051 | -375 | -235 |
2052 | -398 | -245 |
2053 | -423 | -254 |
2054 | -447 | -263 |
2055 | -472 | -270 |
2056 | -496 | -277 |
2057 | -522 | -283 |
2058 | -548 | -289 |
2059 | -574 | -293 |
2060 | -601 | -298 |
2061 | -629 | -301 |
2062 | -657 | -304 |
2063 | -685 | -305 |
2064 | -714 | -306 |
2065 | -744 | -307 |
2066 | -774 | -306 |
2067 | -804 | -304 |
2068 | -835 | -302 |
2069 | -867 | -299 |
2070 | -899 | -295 |
2071 | -932 | -290 |
2072 | -965 | -284 |
2073 | -1000 | -278 |
2074 | -1035 | -270 |
2075 | -1072 | -261 |
2076 | -1110 | -251 |
2077 | -1148 | -240 |
2078 | -1188 | -228 |
2079 | -1228 | -214 |
2080 | -1268 | -198 |
2081 | -1309 | -181 |
2082 | -1350 | -163 |
2083 | -1391 | -142 |
2084 | -1432 | -120 |
2085 | -1472 | -96 |
2086 | -1514 | -71 |
2087 | -1555 | -44 |
2088 | -1597 | -15 |
2089 | -1640 | 16 |
2090 | -1683 | 48 |
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