Proposed Provision: B6.5. Starting in 2021, 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
2018288288
2019272272
2020256256
2021239237
2022223219
2023206201
2024188183
2025171165
2026154147
2027137130
2028120112
202910494
20308676
20316958
20325139
20333320
2034140
2035-5-21
2036-25-42
2037-46-63
2038-67-85
2039-88-108
2040-110-131
2041-132-154
2042-154-178
2043-176-202
2044-199-226
2045-221-250
2046-244-274
2047-267-298
2048-289-322
2049-312-347
2050-335-371
2051-358-395
2052-381-420
2053-403-444
2054-426-469
2055-450-494
2056-473-519
2057-496-544
2058-520-569
2059-544-595
2060-569-621
2061-594-647
2062-619-674
2063-645-701
2064-671-729
2065-698-758
2066-725-786
2067-752-815
2068-780-845
2069-808-875
2070-837-905
2071-866-936
2072-896-967
2073-927-1000
2074-958-1033
2075-990-1066
2076-1023-1101
2077-1057-1137
2078-1092-1174
2079-1128-1212
2080-1165-1251
2081-1202-1290
2082-1240-1330
2083-1278-1370
2084-1316-1411
2085-1354-1451
2086-1392-1492
2087-1430-1532
2088-1468-1572
2089-1505-1612
2090-1543-1651
2091-1580-1691
2092-1618-1731
2093-1655-1771
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