Proposed Provision: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2016-2024.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248249
2020233234
2021219220
2022204205
2023189191
2024173176
2025157161
2026142146
2027126132
2028110117
202994102
20307787
20316071
20324254
20332337
2034420
2035-162
2036-36-16
2037-57-35
2038-78-54
2039-100-73
2040-122-92
2041-144-112
2042-166-131
2043-189-151
2044-211-171
2045-234-190
2046-257-210
2047-280-230
2048-303-250
2049-327-270
2050-351-291
2051-375-311
2052-398-331
2053-423-352
2054-447-373
2055-472-394
2056-496-415
2057-522-436
2058-548-458
2059-574-481
2060-601-504
2061-629-528
2062-657-552
2063-685-576
2064-714-601
2065-744-626
2066-774-652
2067-804-678
2068-835-705
2069-867-732
2070-899-760
2071-932-789
2072-965-818
2073-1000-848
2074-1035-879
2075-1072-911
2076-1110-943
2077-1148-977
2078-1188-1011
2079-1228-1046
2080-1268-1081
2081-1309-1117
2082-1350-1152
2083-1391-1187
2084-1432-1223
2085-1472-1259
2086-1514-1295
2087-1555-1331
2088-1597-1367
2089-1640-1405
2090-1683-1443
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