Proposed Provision: B7.1. Reduce benefits by 3 percent for those newly eligible for benefits in 2018 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2017 | 298 | 298 |
2018 | 287 | 287 |
2019 | 273 | 273 |
2020 | 259 | 259 |
2021 | 245 | 246 |
2022 | 230 | 232 |
2023 | 215 | 217 |
2024 | 199 | 202 |
2025 | 182 | 186 |
2026 | 165 | 170 |
2027 | 148 | 153 |
2028 | 130 | 136 |
2029 | 112 | 120 |
2030 | 94 | 102 |
2031 | 75 | 85 |
2032 | 56 | 67 |
2033 | 37 | 49 |
2034 | 16 | 30 |
2035 | -4 | 11 |
2036 | -26 | -9 |
2037 | -47 | -29 |
2038 | -70 | -49 |
2039 | -92 | -70 |
2040 | -115 | -91 |
2041 | -138 | -112 |
2042 | -161 | -133 |
2043 | -184 | -154 |
2044 | -207 | -174 |
2045 | -230 | -195 |
2046 | -253 | -216 |
2047 | -276 | -237 |
2048 | -300 | -257 |
2049 | -323 | -278 |
2050 | -346 | -299 |
2051 | -370 | -320 |
2052 | -393 | -341 |
2053 | -417 | -361 |
2054 | -440 | -382 |
2055 | -464 | -403 |
2056 | -487 | -424 |
2057 | -511 | -445 |
2058 | -536 | -467 |
2059 | -560 | -489 |
2060 | -585 | -511 |
2061 | -611 | -534 |
2062 | -637 | -557 |
2063 | -663 | -580 |
2064 | -690 | -604 |
2065 | -717 | -629 |
2066 | -745 | -653 |
2067 | -772 | -678 |
2068 | -801 | -703 |
2069 | -829 | -729 |
2070 | -858 | -755 |
2071 | -888 | -782 |
2072 | -918 | -809 |
2073 | -949 | -837 |
2074 | -981 | -866 |
2075 | -1014 | -895 |
2076 | -1047 | -925 |
2077 | -1082 | -957 |
2078 | -1117 | -988 |
2079 | -1153 | -1021 |
2080 | -1190 | -1054 |
2081 | -1227 | -1087 |
2082 | -1264 | -1120 |
2083 | -1300 | -1153 |
2084 | -1337 | -1186 |
2085 | -1374 | -1219 |
2086 | -1410 | -1252 |
2087 | -1446 | -1285 |
2088 | -1483 | -1318 |
2089 | -1520 | -1351 |
2090 | -1557 | -1385 |
2091 | -1595 | -1419 |
2092 | -1633 | -1454 |
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