Proposed Provision: B5.7. Beginning for those newly eligible in 2020, reconfigure the special minimum benefit: (a) The number of years of work (YOWs) is determined as total quarters of coverage divided by 4, ignoring any fraction. Childcare years are granted to parents who have a child under 6, with a limit of 5 such years. (b) At implementation, set the PIA for 30+ YOWs equal to 100 percent of the monthly HHS poverty level for the year prior to eligibility. For workers between 11 and 29 YOWs, reduce the special minimum by 3 1/3 percentage points per YOW so that at 29 YOWs the minimum would be 96 2/3% of poverty, ..., down to 11 YOWs at 36 2/3% of poverty. No minimum for 10 or fewer YOWs.

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
2027148147
2028130129
2029112111
20309493
20317574
20325655
20333735
20341615
2035-4-6
2036-26-27
2037-47-49
2038-70-72
2039-92-94
2040-115-117
2041-138-140
2042-161-164
2043-184-187
2044-207-210
2045-230-233
2046-253-257
2047-276-280
2048-300-304
2049-323-327
2050-346-351
2051-370-374
2052-393-398
2053-417-422
2054-440-445
2055-464-469
2056-487-493
2057-511-517
2058-536-542
2059-560-567
2060-585-592
2061-611-618
2062-637-644
2063-663-670
2064-690-697
2065-717-725
2066-745-752
2067-772-781
2068-801-809
2069-829-838
2070-858-867
2071-888-897
2072-918-927
2073-949-959
2074-981-991
2075-1014-1023
2076-1047-1057
2077-1082-1092
2078-1117-1127
2079-1153-1164
2080-1190-1200
2081-1227-1237
2082-1264-1275
2083-1300-1312
2084-1337-1348
2085-1374-1385
2086-1410-1422
2087-1446-1458
2088-1483-1495
2089-1520-1532
2090-1557-1569
2091-1595-1607
2092-1633-1646
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