Proposed Provision: B4.1. 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 2017-2021.
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 | 247 |
2021 | 231 | 232 |
2022 | 216 | 217 |
2023 | 200 | 201 |
2024 | 183 | 184 |
2025 | 165 | 168 |
2026 | 149 | 151 |
2027 | 132 | 135 |
2028 | 115 | 119 |
2029 | 98 | 103 |
2030 | 81 | 87 |
2031 | 64 | 70 |
2032 | 46 | 53 |
2033 | 27 | 36 |
2034 | 8 | 18 |
2035 | -11 | 0 |
2036 | -30 | -18 |
2037 | -50 | -37 |
2038 | -71 | -56 |
2039 | -91 | -75 |
2040 | -112 | -94 |
2041 | -133 | -114 |
2042 | -154 | -134 |
2043 | -176 | -153 |
2044 | -197 | -173 |
2045 | -218 | -192 |
2046 | -240 | -212 |
2047 | -262 | -232 |
2048 | -283 | -252 |
2049 | -305 | -272 |
2050 | -327 | -292 |
2051 | -349 | -312 |
2052 | -371 | -332 |
2053 | -393 | -352 |
2054 | -415 | -372 |
2055 | -437 | -392 |
2056 | -460 | -412 |
2057 | -482 | -433 |
2058 | -506 | -454 |
2059 | -529 | -476 |
2060 | -553 | -497 |
2061 | -578 | -520 |
2062 | -603 | -542 |
2063 | -628 | -566 |
2064 | -654 | -589 |
2065 | -680 | -613 |
2066 | -706 | -637 |
2067 | -733 | -662 |
2068 | -760 | -687 |
2069 | -788 | -712 |
2070 | -816 | -738 |
2071 | -845 | -765 |
2072 | -874 | -792 |
2073 | -905 | -819 |
2074 | -935 | -848 |
2075 | -967 | -877 |
2076 | -1000 | -907 |
2077 | -1033 | -938 |
2078 | -1068 | -969 |
2079 | -1102 | -1002 |
2080 | -1138 | -1034 |
2081 | -1173 | -1066 |
2082 | -1208 | -1099 |
2083 | -1243 | -1131 |
2084 | -1279 | -1164 |
2085 | -1314 | -1196 |
2086 | -1349 | -1228 |
2087 | -1384 | -1261 |
2088 | -1419 | -1293 |
2089 | -1455 | -1326 |
2090 | -1491 | -1360 |
2091 | -1528 | -1394 |
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