Proposed Provision: B1.1. Price indexing of PIA factors beginning with those newly eligible for OASDI benefits in 2023: Reduce factors so that initial benefits grow by inflation rather than by the SSA average wage index.
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 | 166 |
2026 | 149 | 149 |
2027 | 132 | 133 |
2028 | 115 | 117 |
2029 | 98 | 100 |
2030 | 81 | 84 |
2031 | 64 | 68 |
2032 | 46 | 52 |
2033 | 27 | 35 |
2034 | 8 | 18 |
2035 | -11 | 1 |
2036 | -30 | -15 |
2037 | -50 | -32 |
2038 | -71 | -49 |
2039 | -91 | -65 |
2040 | -112 | -82 |
2041 | -133 | -98 |
2042 | -154 | -113 |
2043 | -176 | -129 |
2044 | -197 | -143 |
2045 | -218 | -157 |
2046 | -240 | -171 |
2047 | -262 | -184 |
2048 | -283 | -196 |
2049 | -305 | -207 |
2050 | -327 | -218 |
2051 | -349 | -227 |
2052 | -371 | -236 |
2053 | -393 | -244 |
2054 | -415 | -251 |
2055 | -437 | -257 |
2056 | -460 | -262 |
2057 | -482 | -267 |
2058 | -506 | -270 |
2059 | -529 | -273 |
2060 | -553 | -275 |
2061 | -578 | -276 |
2062 | -603 | -276 |
2063 | -628 | -276 |
2064 | -654 | -274 |
2065 | -680 | -272 |
2066 | -706 | -269 |
2067 | -733 | -264 |
2068 | -760 | -259 |
2069 | -788 | -253 |
2070 | -816 | -246 |
2071 | -845 | -237 |
2072 | -874 | -228 |
2073 | -905 | -218 |
2074 | -935 | -206 |
2075 | -967 | -194 |
2076 | -1000 | -180 |
2077 | -1033 | -164 |
2078 | -1068 | -147 |
2079 | -1102 | -129 |
2080 | -1138 | -109 |
2081 | -1173 | -87 |
2082 | -1208 | -63 |
2083 | -1243 | -37 |
2084 | -1279 | -10 |
2085 | -1314 | 20 |
2086 | -1349 | 51 |
2087 | -1384 | 84 |
2088 | -1419 | 118 |
2089 | -1455 | 155 |
2090 | -1491 | 193 |
2091 | -1528 | 233 |
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