Proposed Provision: Reduce benefits by 5 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 | 236 |
2021 | 219 | 223 |
2022 | 204 | 209 |
2023 | 189 | 196 |
2024 | 173 | 181 |
2025 | 157 | 168 |
2026 | 142 | 154 |
2027 | 126 | 140 |
2028 | 110 | 127 |
2029 | 94 | 113 |
2030 | 77 | 98 |
2031 | 60 | 84 |
2032 | 42 | 68 |
2033 | 23 | 52 |
2034 | 4 | 36 |
2035 | -16 | 19 |
2036 | -36 | 2 |
2037 | -57 | -15 |
2038 | -78 | -33 |
2039 | -100 | -51 |
2040 | -122 | -69 |
2041 | -144 | -87 |
2042 | -166 | -105 |
2043 | -189 | -123 |
2044 | -211 | -142 |
2045 | -234 | -160 |
2046 | -257 | -179 |
2047 | -280 | -197 |
2048 | -303 | -216 |
2049 | -327 | -235 |
2050 | -351 | -254 |
2051 | -375 | -273 |
2052 | -398 | -292 |
2053 | -423 | -311 |
2054 | -447 | -330 |
2055 | -472 | -350 |
2056 | -496 | -370 |
2057 | -522 | -390 |
2058 | -548 | -411 |
2059 | -574 | -432 |
2060 | -601 | -454 |
2061 | -629 | -476 |
2062 | -657 | -499 |
2063 | -685 | -522 |
2064 | -714 | -546 |
2065 | -744 | -570 |
2066 | -774 | -595 |
2067 | -804 | -620 |
2068 | -835 | -645 |
2069 | -867 | -671 |
2070 | -899 | -697 |
2071 | -932 | -724 |
2072 | -965 | -752 |
2073 | -1000 | -781 |
2074 | -1035 | -810 |
2075 | -1072 | -841 |
2076 | -1110 | -872 |
2077 | -1148 | -904 |
2078 | -1188 | -936 |
2079 | -1228 | -970 |
2080 | -1268 | -1003 |
2081 | -1309 | -1037 |
2082 | -1350 | -1071 |
2083 | -1391 | -1104 |
2084 | -1432 | -1138 |
2085 | -1472 | -1172 |
2086 | -1514 | -1206 |
2087 | -1555 | -1241 |
2088 | -1597 | -1276 |
2089 | -1640 | -1311 |
2090 | -1683 | -1348 |
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