Proposed Provision: Provide an increase in the benefit level of any beneficiary who is 85 or older at the beginning of 2017 or who reaches their 85th birthday after the beginning of 2017. Increase the beneficiary's PIA based on an amount equal to the average retired-worker PIA at the end of 2016, or at the end of the year age 80 if later. Increase the beneficiary's PIA by 5 percent of this amount for those older than 85 at the beginning of 2017 and by 5 percent of this amount at age 85 for others, phased in at 1 percent per year for ages 81-85.

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

Year Present Law Provision
2015308308
2016298298
2017280279
2018264262
2019248246
2020233230
2021219215
2022204200
2023189185
2024173169
2025157153
2026142137
2027126121
2028110104
20299488
20307770
20316052
20324234
20332314
20344-5
2035-16-26
2036-36-47
2037-57-68
2038-78-90
2039-100-112
2040-122-135
2041-144-158
2042-166-181
2043-189-204
2044-211-228
2045-234-251
2046-257-275
2047-280-299
2048-303-324
2049-327-348
2050-351-373
2051-375-398
2052-398-423
2053-423-448
2054-447-473
2055-472-499
2056-496-525
2057-522-551
2058-548-578
2059-574-606
2060-601-634
2061-629-662
2062-657-691
2063-685-721
2064-714-751
2065-744-781
2066-774-812
2067-804-844
2068-835-876
2069-867-908
2070-899-941
2071-932-975
2072-965-1010
2073-1000-1045
2074-1035-1082
2075-1072-1120
2076-1110-1159
2077-1148-1199
2078-1188-1239
2079-1228-1281
2080-1268-1323
2081-1309-1365
2082-1350-1407
2083-1391-1449
2084-1432-1492
2085-1472-1534
2086-1514-1576
2087-1555-1619
2088-1597-1663
2089-1640-1707
2090-1683-1751
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