Proposed Provision: B6.5. Starting in 2020, provide a 5 percent uniform PIA increase 20 years after benefit eligibility. Phase in the PIA increase at 1 percent per year from the 16th through 20th years after eligibility. The full PIA increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to the SSA average wage index.
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 | 256 |
2021 | 245 | 241 |
2022 | 230 | 226 |
2023 | 215 | 210 |
2024 | 199 | 193 |
2025 | 182 | 175 |
2026 | 165 | 158 |
2027 | 148 | 139 |
2028 | 130 | 121 |
2029 | 112 | 102 |
2030 | 94 | 83 |
2031 | 75 | 63 |
2032 | 56 | 43 |
2033 | 37 | 23 |
2034 | 16 | 2 |
2035 | -4 | -20 |
2036 | -26 | -43 |
2037 | -47 | -66 |
2038 | -70 | -89 |
2039 | -92 | -113 |
2040 | -115 | -137 |
2041 | -138 | -161 |
2042 | -161 | -185 |
2043 | -184 | -210 |
2044 | -207 | -235 |
2045 | -230 | -259 |
2046 | -253 | -284 |
2047 | -276 | -308 |
2048 | -300 | -333 |
2049 | -323 | -358 |
2050 | -346 | -383 |
2051 | -370 | -408 |
2052 | -393 | -433 |
2053 | -417 | -458 |
2054 | -440 | -483 |
2055 | -464 | -509 |
2056 | -487 | -534 |
2057 | -511 | -559 |
2058 | -536 | -585 |
2059 | -560 | -612 |
2060 | -585 | -638 |
2061 | -611 | -665 |
2062 | -637 | -693 |
2063 | -663 | -721 |
2064 | -690 | -749 |
2065 | -717 | -778 |
2066 | -745 | -807 |
2067 | -772 | -836 |
2068 | -801 | -866 |
2069 | -829 | -896 |
2070 | -858 | -927 |
2071 | -888 | -958 |
2072 | -918 | -990 |
2073 | -949 | -1023 |
2074 | -981 | -1056 |
2075 | -1014 | -1091 |
2076 | -1047 | -1126 |
2077 | -1082 | -1163 |
2078 | -1117 | -1200 |
2079 | -1153 | -1238 |
2080 | -1190 | -1277 |
2081 | -1227 | -1316 |
2082 | -1264 | -1355 |
2083 | -1300 | -1394 |
2084 | -1337 | -1433 |
2085 | -1374 | -1471 |
2086 | -1410 | -1510 |
2087 | -1446 | -1548 |
2088 | -1483 | -1587 |
2089 | -1520 | -1626 |
2090 | -1557 | -1665 |
2091 | -1595 | -1705 |
2092 | -1633 | -1746 |
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