Proposed Provision: B4.2. Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2018-2026.
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 | 245 |
2022 | 230 | 231 |
2023 | 215 | 216 |
2024 | 199 | 200 |
2025 | 182 | 184 |
2026 | 165 | 167 |
2027 | 148 | 151 |
2028 | 130 | 134 |
2029 | 112 | 117 |
2030 | 94 | 99 |
2031 | 75 | 82 |
2032 | 56 | 64 |
2033 | 37 | 46 |
2034 | 16 | 27 |
2035 | -4 | 7 |
2036 | -26 | -12 |
2037 | -47 | -32 |
2038 | -70 | -53 |
2039 | -92 | -73 |
2040 | -115 | -94 |
2041 | -138 | -115 |
2042 | -161 | -136 |
2043 | -184 | -157 |
2044 | -207 | -177 |
2045 | -230 | -198 |
2046 | -253 | -218 |
2047 | -276 | -239 |
2048 | -300 | -259 |
2049 | -323 | -280 |
2050 | -346 | -300 |
2051 | -370 | -321 |
2052 | -393 | -341 |
2053 | -417 | -361 |
2054 | -440 | -382 |
2055 | -464 | -402 |
2056 | -487 | -423 |
2057 | -511 | -443 |
2058 | -536 | -464 |
2059 | -560 | -486 |
2060 | -585 | -507 |
2061 | -611 | -529 |
2062 | -637 | -552 |
2063 | -663 | -574 |
2064 | -690 | -598 |
2065 | -717 | -621 |
2066 | -745 | -645 |
2067 | -772 | -669 |
2068 | -801 | -694 |
2069 | -829 | -719 |
2070 | -858 | -744 |
2071 | -888 | -770 |
2072 | -918 | -797 |
2073 | -949 | -824 |
2074 | -981 | -852 |
2075 | -1014 | -880 |
2076 | -1047 | -910 |
2077 | -1082 | -940 |
2078 | -1117 | -971 |
2079 | -1153 | -1003 |
2080 | -1190 | -1035 |
2081 | -1227 | -1067 |
2082 | -1264 | -1099 |
2083 | -1300 | -1132 |
2084 | -1337 | -1164 |
2085 | -1374 | -1196 |
2086 | -1410 | -1228 |
2087 | -1446 | -1260 |
2088 | -1483 | -1292 |
2089 | -1520 | -1324 |
2090 | -1557 | -1357 |
2091 | -1595 | -1390 |
2092 | -1633 | -1424 |
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