Proposed Provision: B3.14. Beginning with those newly eligible for OASDI benefits in 2018, reduce the 15 percent PIA factor by 2 percentage points per year so that it reaches 5 percent for those newly eligible in 2022 and later.

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

Year Present Law Provision
2016303303
2017293293
2018277277
2019262262
2020246246
2021231232
2022216216
2023200200
2024183184
2025165167
2026149150
2027132134
2028115118
202998102
20308185
20316469
20324652
20332735
2034817
2035-11-1
2036-30-19
2037-50-38
2038-71-57
2039-91-76
2040-112-95
2041-133-115
2042-154-134
2043-176-154
2044-197-173
2045-218-193
2046-240-212
2047-262-232
2048-283-251
2049-305-271
2050-327-291
2051-349-311
2052-371-330
2053-393-350
2054-415-370
2055-437-390
2056-460-410
2057-482-430
2058-506-451
2059-529-472
2060-553-494
2061-578-516
2062-603-539
2063-628-562
2064-654-585
2065-680-609
2066-706-633
2067-733-657
2068-760-682
2069-788-707
2070-816-733
2071-845-759
2072-874-786
2073-905-813
2074-935-841
2075-967-870
2076-1000-900
2077-1033-931
2078-1068-962
2079-1102-994
2080-1138-1026
2081-1173-1058
2082-1208-1090
2083-1243-1122
2084-1279-1154
2085-1314-1186
2086-1349-1218
2087-1384-1251
2088-1419-1283
2089-1455-1316
2090-1491-1349
2091-1528-1383
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