Proposed Provision: B3.9. Beginning with those newly eligible for OASDI benefits in 2029, gradually reduce the 15 percent PIA factor in each year so that it reaches 10 percent for those newly eligible in 2058 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 277 |
2019 | 262 | 262 |
2020 | 246 | 246 |
2021 | 231 | 231 |
2022 | 216 | 216 |
2023 | 200 | 200 |
2024 | 183 | 183 |
2025 | 165 | 165 |
2026 | 149 | 149 |
2027 | 132 | 132 |
2028 | 115 | 115 |
2029 | 98 | 98 |
2030 | 81 | 81 |
2031 | 64 | 64 |
2032 | 46 | 46 |
2033 | 27 | 27 |
2034 | 8 | 8 |
2035 | -11 | -11 |
2036 | -30 | -30 |
2037 | -50 | -50 |
2038 | -71 | -71 |
2039 | -91 | -91 |
2040 | -112 | -112 |
2041 | -133 | -133 |
2042 | -154 | -154 |
2043 | -176 | -175 |
2044 | -197 | -197 |
2045 | -218 | -218 |
2046 | -240 | -239 |
2047 | -262 | -261 |
2048 | -283 | -283 |
2049 | -305 | -304 |
2050 | -327 | -326 |
2051 | -349 | -348 |
2052 | -371 | -370 |
2053 | -393 | -391 |
2054 | -415 | -413 |
2055 | -437 | -435 |
2056 | -460 | -458 |
2057 | -482 | -480 |
2058 | -506 | -503 |
2059 | -529 | -526 |
2060 | -553 | -550 |
2061 | -578 | -574 |
2062 | -603 | -599 |
2063 | -628 | -624 |
2064 | -654 | -649 |
2065 | -680 | -675 |
2066 | -706 | -701 |
2067 | -733 | -727 |
2068 | -760 | -754 |
2069 | -788 | -781 |
2070 | -816 | -809 |
2071 | -845 | -837 |
2072 | -874 | -866 |
2073 | -905 | -895 |
2074 | -935 | -925 |
2075 | -967 | -956 |
2076 | -1000 | -988 |
2077 | -1033 | -1021 |
2078 | -1068 | -1054 |
2079 | -1102 | -1088 |
2080 | -1138 | -1122 |
2081 | -1173 | -1157 |
2082 | -1208 | -1191 |
2083 | -1243 | -1225 |
2084 | -1279 | -1260 |
2085 | -1314 | -1294 |
2086 | -1349 | -1328 |
2087 | -1384 | -1362 |
2088 | -1419 | -1396 |
2089 | -1455 | -1431 |
2090 | -1491 | -1466 |
2091 | -1528 | -1501 |
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