Proposed Provision: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 38, phased in over the years 2016-2020.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2015 | 308 | 308 |
2016 | 298 | 298 |
2017 | 280 | 280 |
2018 | 264 | 264 |
2019 | 248 | 249 |
2020 | 233 | 234 |
2021 | 219 | 220 |
2022 | 204 | 205 |
2023 | 189 | 191 |
2024 | 173 | 175 |
2025 | 157 | 161 |
2026 | 142 | 146 |
2027 | 126 | 131 |
2028 | 110 | 116 |
2029 | 94 | 100 |
2030 | 77 | 85 |
2031 | 60 | 68 |
2032 | 42 | 51 |
2033 | 23 | 34 |
2034 | 4 | 16 |
2035 | -16 | -3 |
2036 | -36 | -22 |
2037 | -57 | -41 |
2038 | -78 | -61 |
2039 | -100 | -81 |
2040 | -122 | -101 |
2041 | -144 | -121 |
2042 | -166 | -142 |
2043 | -189 | -162 |
2044 | -211 | -183 |
2045 | -234 | -204 |
2046 | -257 | -225 |
2047 | -280 | -246 |
2048 | -303 | -267 |
2049 | -327 | -289 |
2050 | -351 | -310 |
2051 | -375 | -332 |
2052 | -398 | -354 |
2053 | -423 | -376 |
2054 | -447 | -398 |
2055 | -472 | -420 |
2056 | -496 | -443 |
2057 | -522 | -466 |
2058 | -548 | -490 |
2059 | -574 | -514 |
2060 | -601 | -538 |
2061 | -629 | -564 |
2062 | -657 | -589 |
2063 | -685 | -615 |
2064 | -714 | -642 |
2065 | -744 | -669 |
2066 | -774 | -696 |
2067 | -804 | -724 |
2068 | -835 | -753 |
2069 | -867 | -782 |
2070 | -899 | -811 |
2071 | -932 | -842 |
2072 | -965 | -873 |
2073 | -1000 | -904 |
2074 | -1035 | -937 |
2075 | -1072 | -971 |
2076 | -1110 | -1006 |
2077 | -1148 | -1041 |
2078 | -1188 | -1077 |
2079 | -1228 | -1114 |
2080 | -1268 | -1152 |
2081 | -1309 | -1189 |
2082 | -1350 | -1227 |
2083 | -1391 | -1264 |
2084 | -1432 | -1302 |
2085 | -1472 | -1340 |
2086 | -1514 | -1378 |
2087 | -1555 | -1416 |
2088 | -1597 | -1455 |
2089 | -1640 | -1494 |
2090 | -1683 | -1534 |
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