Proposed Provision: Provide a 5 percent increase to the monthly benefit amount (MBA) of any beneficiary who is 85 or older at the beginning of 2016 or who reaches their 85th birthday after the beginning of 2016.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2015 | 308 | 308 |
2016 | 298 | 296 |
2017 | 280 | 279 |
2018 | 264 | 262 |
2019 | 248 | 246 |
2020 | 233 | 231 |
2021 | 219 | 216 |
2022 | 204 | 201 |
2023 | 189 | 185 |
2024 | 173 | 169 |
2025 | 157 | 154 |
2026 | 142 | 138 |
2027 | 126 | 122 |
2028 | 110 | 106 |
2029 | 94 | 89 |
2030 | 77 | 72 |
2031 | 60 | 54 |
2032 | 42 | 35 |
2033 | 23 | 16 |
2034 | 4 | -4 |
2035 | -16 | -24 |
2036 | -36 | -45 |
2037 | -57 | -66 |
2038 | -78 | -87 |
2039 | -100 | -110 |
2040 | -122 | -132 |
2041 | -144 | -155 |
2042 | -166 | -178 |
2043 | -189 | -201 |
2044 | -211 | -224 |
2045 | -234 | -247 |
2046 | -257 | -271 |
2047 | -280 | -295 |
2048 | -303 | -319 |
2049 | -327 | -343 |
2050 | -351 | -368 |
2051 | -375 | -393 |
2052 | -398 | -417 |
2053 | -423 | -442 |
2054 | -447 | -467 |
2055 | -472 | -493 |
2056 | -496 | -519 |
2057 | -522 | -545 |
2058 | -548 | -572 |
2059 | -574 | -599 |
2060 | -601 | -627 |
2061 | -629 | -655 |
2062 | -657 | -684 |
2063 | -685 | -713 |
2064 | -714 | -743 |
2065 | -744 | -773 |
2066 | -774 | -804 |
2067 | -804 | -835 |
2068 | -835 | -867 |
2069 | -867 | -900 |
2070 | -899 | -933 |
2071 | -932 | -966 |
2072 | -965 | -1001 |
2073 | -1000 | -1036 |
2074 | -1035 | -1072 |
2075 | -1072 | -1110 |
2076 | -1110 | -1149 |
2077 | -1148 | -1188 |
2078 | -1188 | -1229 |
2079 | -1228 | -1270 |
2080 | -1268 | -1311 |
2081 | -1309 | -1353 |
2082 | -1350 | -1395 |
2083 | -1391 | -1437 |
2084 | -1432 | -1479 |
2085 | -1472 | -1521 |
2086 | -1514 | -1563 |
2087 | -1555 | -1606 |
2088 | -1597 | -1649 |
2089 | -1640 | -1693 |
2090 | -1683 | -1737 |
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