Proposed Provision: B3.10. Beginning with those newly eligible for OASDI benefits in 2023, gradually increase the first PIA bend point in each year so that it is 15 percent higher for those newly eligible in 2037 and later.

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

Year Present Law Provision
2016303303
2017293293
2018277277
2019262262
2020246246
2021231231
2022216216
2023200200
2024183183
2025165165
2026149148
2027132132
2028115115
20299898
20308180
20316463
20324644
20332726
203486
2035-11-13
2036-30-33
2037-50-54
2038-71-75
2039-91-96
2040-112-118
2041-133-140
2042-154-162
2043-176-185
2044-197-207
2045-218-230
2046-240-253
2047-262-276
2048-283-300
2049-305-323
2050-327-347
2051-349-371
2052-371-395
2053-393-419
2054-415-443
2055-437-467
2056-460-492
2057-482-517
2058-506-543
2059-529-569
2060-553-596
2061-578-623
2062-603-651
2063-628-679
2064-654-708
2065-680-737
2066-706-767
2067-733-797
2068-760-827
2069-788-858
2070-816-889
2071-845-921
2072-874-954
2073-905-988
2074-935-1022
2075-967-1058
2076-1000-1094
2077-1033-1131
2078-1068-1169
2079-1102-1208
2080-1138-1247
2081-1173-1286
2082-1208-1326
2083-1243-1365
2084-1279-1404
2085-1314-1443
2086-1349-1482
2087-1384-1521
2088-1419-1561
2089-1455-1600
2090-1491-1641
2091-1528-1682
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