Proposed Provision: Reduce benefits by 3 percent for those newly eligible for benefits in 2016 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2015 | 308 | 308 |
2016 | 298 | 298 |
2017 | 280 | 281 |
2018 | 264 | 265 |
2019 | 248 | 250 |
2020 | 233 | 235 |
2021 | 219 | 221 |
2022 | 204 | 207 |
2023 | 189 | 193 |
2024 | 173 | 178 |
2025 | 157 | 164 |
2026 | 142 | 149 |
2027 | 126 | 135 |
2028 | 110 | 120 |
2029 | 94 | 105 |
2030 | 77 | 90 |
2031 | 60 | 74 |
2032 | 42 | 57 |
2033 | 23 | 40 |
2034 | 4 | 23 |
2035 | -16 | 5 |
2036 | -36 | -14 |
2037 | -57 | -32 |
2038 | -78 | -51 |
2039 | -100 | -71 |
2040 | -122 | -91 |
2041 | -144 | -110 |
2042 | -166 | -130 |
2043 | -189 | -150 |
2044 | -211 | -170 |
2045 | -234 | -191 |
2046 | -257 | -211 |
2047 | -280 | -231 |
2048 | -303 | -252 |
2049 | -327 | -273 |
2050 | -351 | -294 |
2051 | -375 | -315 |
2052 | -398 | -336 |
2053 | -423 | -357 |
2054 | -447 | -378 |
2055 | -472 | -400 |
2056 | -496 | -422 |
2057 | -522 | -445 |
2058 | -548 | -467 |
2059 | -574 | -491 |
2060 | -601 | -515 |
2061 | -629 | -539 |
2062 | -657 | -564 |
2063 | -685 | -589 |
2064 | -714 | -615 |
2065 | -744 | -642 |
2066 | -774 | -668 |
2067 | -804 | -696 |
2068 | -835 | -723 |
2069 | -867 | -752 |
2070 | -899 | -780 |
2071 | -932 | -810 |
2072 | -965 | -840 |
2073 | -1000 | -871 |
2074 | -1035 | -903 |
2075 | -1072 | -936 |
2076 | -1110 | -970 |
2077 | -1148 | -1005 |
2078 | -1188 | -1040 |
2079 | -1228 | -1076 |
2080 | -1268 | -1112 |
2081 | -1309 | -1149 |
2082 | -1350 | -1186 |
2083 | -1391 | -1222 |
2084 | -1432 | -1259 |
2085 | -1472 | -1296 |
2086 | -1514 | -1333 |
2087 | -1555 | -1370 |
2088 | -1597 | -1408 |
2089 | -1640 | -1447 |
2090 | -1683 | -1486 |
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