Proposed Provision: B1.1. Price indexing of PIA factors beginning with those newly eligible for OASDI benefits in 2024: 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 Current Law Provision
2017298298
2018287287
2019273273
2020259259
2021245245
2022230230
2023215215
2024199199
2025182182
2026165165
2027148148
2028130131
2029112113
20309496
20317578
20325660
20333741
20341622
2035-43
2036-26-16
2037-47-36
2038-70-56
2039-92-75
2040-115-95
2041-138-114
2042-161-134
2043-184-152
2044-207-171
2045-230-188
2046-253-206
2047-276-222
2048-300-239
2049-323-254
2050-346-269
2051-370-284
2052-393-297
2053-417-310
2054-440-322
2055-464-333
2056-487-343
2057-511-353
2058-536-362
2059-560-370
2060-585-378
2061-611-385
2062-637-391
2063-663-396
2064-690-401
2065-717-405
2066-745-408
2067-772-410
2068-801-411
2069-829-412
2070-858-411
2071-888-410
2072-918-408
2073-949-405
2074-981-402
2075-1014-397
2076-1047-391
2077-1082-384
2078-1117-377
2079-1153-367
2080-1190-357
2081-1227-345
2082-1264-331
2083-1300-315
2084-1337-298
2085-1374-279
2086-1410-259
2087-1446-236
2088-1483-213
2089-1520-187
2090-1557-160
2091-1595-131
2092-1633-101
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