Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2016, multiply the 32 and 15 percent PIA factors each year by 0.987. Stop reductions after 2046, when the factors reach 21 percent and 10 percent, respectively.
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 | 249 |
2020 | 233 | 234 |
2021 | 219 | 220 |
2022 | 204 | 206 |
2023 | 189 | 191 |
2024 | 173 | 176 |
2025 | 157 | 162 |
2026 | 142 | 148 |
2027 | 126 | 134 |
2028 | 110 | 119 |
2029 | 94 | 105 |
2030 | 77 | 90 |
2031 | 60 | 75 |
2032 | 42 | 60 |
2033 | 23 | 44 |
2034 | 4 | 28 |
2035 | -16 | 12 |
2036 | -36 | -5 |
2037 | -57 | -22 |
2038 | -78 | -38 |
2039 | -100 | -55 |
2040 | -122 | -72 |
2041 | -144 | -89 |
2042 | -166 | -105 |
2043 | -189 | -121 |
2044 | -211 | -137 |
2045 | -234 | -153 |
2046 | -257 | -168 |
2047 | -280 | -183 |
2048 | -303 | -198 |
2049 | -327 | -213 |
2050 | -351 | -227 |
2051 | -375 | -241 |
2052 | -398 | -254 |
2053 | -423 | -268 |
2054 | -447 | -281 |
2055 | -472 | -293 |
2056 | -496 | -306 |
2057 | -522 | -319 |
2058 | -548 | -331 |
2059 | -574 | -344 |
2060 | -601 | -357 |
2061 | -629 | -370 |
2062 | -657 | -383 |
2063 | -685 | -396 |
2064 | -714 | -409 |
2065 | -744 | -423 |
2066 | -774 | -436 |
2067 | -804 | -450 |
2068 | -835 | -464 |
2069 | -867 | -478 |
2070 | -899 | -492 |
2071 | -932 | -507 |
2072 | -965 | -522 |
2073 | -1000 | -538 |
2074 | -1035 | -554 |
2075 | -1072 | -571 |
2076 | -1110 | -588 |
2077 | -1148 | -606 |
2078 | -1188 | -624 |
2079 | -1228 | -642 |
2080 | -1268 | -660 |
2081 | -1309 | -679 |
2082 | -1350 | -697 |
2083 | -1391 | -715 |
2084 | -1432 | -734 |
2085 | -1472 | -752 |
2086 | -1514 | -771 |
2087 | -1555 | -790 |
2088 | -1597 | -809 |
2089 | -1640 | -828 |
2090 | -1683 | -848 |
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