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 |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 277 |
2019 | 262 | 262 |
2020 | 246 | 246 |
2021 | 231 | 232 |
2022 | 216 | 216 |
2023 | 200 | 200 |
2024 | 183 | 184 |
2025 | 165 | 167 |
2026 | 149 | 150 |
2027 | 132 | 134 |
2028 | 115 | 118 |
2029 | 98 | 102 |
2030 | 81 | 85 |
2031 | 64 | 69 |
2032 | 46 | 52 |
2033 | 27 | 35 |
2034 | 8 | 17 |
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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