Proposed Provision: B1.2. Progressive price indexing (30th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2026: Create a new bend point at the 30th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 30th percentile and below. Reduce the 32 and 15 percent factors above the 30th percentile such that the initial benefit for a worker with AIME equal to the taxable maximum grows by inflation rather than the growth in the SSA average wage index.

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

Year Current Law Provision
2019273273
2020260260
2021245245
2022229229
2023213213
2024197197
2025180180
2026163163
2027147147
2028130130
2029114114
20309797
20318081
20326364
20334647
20342830
20351012
2036-9-6
2037-28-24
2038-47-43
2039-67-62
2040-87-80
2041-108-99
2042-129-119
2043-150-138
2044-171-156
2045-192-175
2046-213-193
2047-234-211
2048-255-229
2049-276-247
2050-297-264
2051-318-280
2052-338-297
2053-359-313
2054-380-328
2055-401-344
2056-422-359
2057-444-373
2058-465-388
2059-487-402
2060-509-417
2061-531-431
2062-554-445
2063-577-459
2064-601-473
2065-625-487
2066-649-501
2067-674-515
2068-699-528
2069-724-542
2070-749-555
2071-776-569
2072-802-583
2073-830-596
2074-857-610
2075-885-624
2076-914-638
2077-944-652
2078-975-666
2079-1007-680
2080-1039-695
2081-1072-709
2082-1106-723
2083-1139-736
2084-1173-750
2085-1207-763
2086-1242-775
2087-1275-787
2088-1309-798
2089-1342-808
2090-1375-818
2091-1407-826
2092-1439-835
2093-1471-843
2094-1503-850
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