Proposed Provision: B6.4. Starting in 2018, provide a 5 percent uniform benefit increase 24 years after initial benefit eligibility. Phase in the benefit increase at 1 percent per year from the 20th through 24th years after eligibility. For disabled workers, the eligibility age is the initial entitlement year to the benefit. The benefit increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to SSA's average wage index.

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

Year Current Law Provision
2017298298
2018287286
2019273271
2020259256
2021245242
2022230227
2023215211
2024199194
2025182177
2026165160
2027148142
2028130124
2029112105
20309487
20317568
20325648
20333728
2034167
2035-4-15
2036-26-37
2037-47-59
2038-70-82
2039-92-105
2040-115-129
2041-138-153
2042-161-176
2043-184-200
2044-207-224
2045-230-248
2046-253-272
2047-276-297
2048-300-321
2049-323-345
2050-346-370
2051-370-394
2052-393-418
2053-417-443
2054-440-467
2055-464-492
2056-487-517
2057-511-542
2058-536-567
2059-560-593
2060-585-619
2061-611-646
2062-637-673
2063-663-700
2064-690-728
2065-717-756
2066-745-784
2067-772-813
2068-801-842
2069-829-872
2070-858-902
2071-888-933
2072-918-964
2073-949-996
2074-981-1029
2075-1014-1063
2076-1047-1098
2077-1082-1133
2078-1117-1170
2079-1153-1208
2080-1190-1245
2081-1227-1284
2082-1264-1322
2083-1300-1360
2084-1337-1398
2085-1374-1436
2086-1410-1474
2087-1446-1512
2088-1483-1550
2089-1520-1588
2090-1557-1626
2091-1595-1665
2092-1633-1705
back