Proposed Provision: B4.1. Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 38, phased in over the years 2019-2023.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2018 | 288 | 288 |
2019 | 272 | 272 |
2020 | 256 | 256 |
2021 | 239 | 240 |
2022 | 223 | 223 |
2023 | 206 | 206 |
2024 | 188 | 189 |
2025 | 171 | 172 |
2026 | 154 | 155 |
2027 | 137 | 139 |
2028 | 120 | 123 |
2029 | 104 | 106 |
2030 | 86 | 90 |
2031 | 69 | 73 |
2032 | 51 | 56 |
2033 | 33 | 39 |
2034 | 14 | 21 |
2035 | -5 | 2 |
2036 | -25 | -17 |
2037 | -46 | -36 |
2038 | -67 | -56 |
2039 | -88 | -76 |
2040 | -110 | -97 |
2041 | -132 | -117 |
2042 | -154 | -138 |
2043 | -176 | -159 |
2044 | -199 | -180 |
2045 | -221 | -201 |
2046 | -244 | -222 |
2047 | -267 | -243 |
2048 | -289 | -264 |
2049 | -312 | -285 |
2050 | -335 | -306 |
2051 | -358 | -327 |
2052 | -381 | -348 |
2053 | -403 | -370 |
2054 | -426 | -391 |
2055 | -450 | -412 |
2056 | -473 | -433 |
2057 | -496 | -455 |
2058 | -520 | -476 |
2059 | -544 | -498 |
2060 | -569 | -521 |
2061 | -594 | -544 |
2062 | -619 | -567 |
2063 | -645 | -591 |
2064 | -671 | -615 |
2065 | -698 | -640 |
2066 | -725 | -665 |
2067 | -752 | -690 |
2068 | -780 | -716 |
2069 | -808 | -742 |
2070 | -837 | -768 |
2071 | -866 | -795 |
2072 | -896 | -823 |
2073 | -927 | -852 |
2074 | -958 | -881 |
2075 | -990 | -910 |
2076 | -1023 | -941 |
2077 | -1057 | -972 |
2078 | -1092 | -1005 |
2079 | -1128 | -1038 |
2080 | -1165 | -1072 |
2081 | -1202 | -1107 |
2082 | -1240 | -1141 |
2083 | -1278 | -1177 |
2084 | -1316 | -1212 |
2085 | -1354 | -1247 |
2086 | -1392 | -1283 |
2087 | -1430 | -1318 |
2088 | -1468 | -1353 |
2089 | -1505 | -1388 |
2090 | -1543 | -1422 |
2091 | -1580 | -1457 |
2092 | -1618 | -1492 |
2093 | -1655 | -1527 |
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