Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2022, gradually increase the first PIA bend point in each year so that it is 15 percent higher for those newly eligible in 2036 and later.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248248
2020233233
2021219219
2022204204
2023189188
2024173173
2025157157
2026142142
2027126126
2028110110
20299493
20307776
20316058
20324240
20332321
203441
2035-16-19
2036-36-40
2037-57-62
2038-78-84
2039-100-106
2040-122-129
2041-144-152
2042-166-176
2043-189-199
2044-211-223
2045-234-248
2046-257-272
2047-280-297
2048-303-322
2049-327-347
2050-351-373
2051-375-399
2052-398-425
2053-423-451
2054-447-478
2055-472-505
2056-496-532
2057-522-560
2058-548-589
2059-574-618
2060-601-647
2061-629-678
2062-657-709
2063-685-740
2064-714-773
2065-744-805
2066-774-838
2067-804-872
2068-835-906
2069-867-941
2070-899-977
2071-932-1013
2072-965-1050
2073-1000-1089
2074-1035-1128
2075-1072-1168
2076-1110-1210
2077-1148-1253
2078-1188-1296
2079-1228-1340
2080-1268-1385
2081-1309-1430
2082-1350-1475
2083-1391-1520
2084-1432-1565
2085-1472-1611
2086-1514-1656
2087-1555-1702
2088-1597-1748
2089-1640-1795
2090-1683-1843
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