Proposed Provision: B3.14. Beginning with those newly eligible for OASDI benefits in 2019, reduce the 15 percent PIA factor by 2 percentage points per year so that it reaches 5 percent for those newly eligible in 2023 and later.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2017298298
2018287287
2019273273
2020259259
2021245245
2022230230
2023215215
2024199199
2025182183
2026165166
2027148149
2028130132
2029112115
20309497
20317580
20325661
20333743
20341623
2035-44
2036-26-16
2037-47-37
2038-70-58
2039-92-79
2040-115-100
2041-138-122
2042-161-143
2043-184-164
2044-207-186
2045-230-207
2046-253-228
2047-276-249
2048-300-270
2049-323-292
2050-346-313
2051-370-334
2052-393-355
2053-417-376
2054-440-397
2055-464-419
2056-487-440
2057-511-461
2058-536-483
2059-560-506
2060-585-528
2061-611-551
2062-637-575
2063-663-598
2064-690-623
2065-717-647
2066-745-672
2067-772-698
2068-801-723
2069-829-749
2070-858-776
2071-888-803
2072-918-830
2073-949-859
2074-981-888
2075-1014-917
2076-1047-948
2077-1082-980
2078-1117-1012
2079-1153-1045
2080-1190-1078
2081-1227-1112
2082-1264-1145
2083-1300-1179
2084-1337-1212
2085-1374-1246
2086-1410-1279
2087-1446-1312
2088-1483-1346
2089-1520-1379
2090-1557-1413
2091-1595-1448
2092-1633-1483
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