Proposed Provision: B3.11. Increase the first PIA factor from 90 percent to 93 percent for all beneficiaries eligible as of January 2021 and for those newly eligible for benefits after 2020.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2019 | 273 | 273 |
| 2020 | 260 | 260 |
| 2021 | 245 | 241 |
| 2022 | 229 | 224 |
| 2023 | 213 | 207 |
| 2024 | 197 | 190 |
| 2025 | 180 | 172 |
| 2026 | 163 | 154 |
| 2027 | 147 | 137 |
| 2028 | 130 | 119 |
| 2029 | 114 | 102 |
| 2030 | 97 | 84 |
| 2031 | 80 | 66 |
| 2032 | 63 | 48 |
| 2033 | 46 | 30 |
| 2034 | 28 | 11 |
| 2035 | 10 | -9 |
| 2036 | -9 | -29 |
| 2037 | -28 | -49 |
| 2038 | -47 | -70 |
| 2039 | -67 | -91 |
| 2040 | -87 | -112 |
| 2041 | -108 | -134 |
| 2042 | -129 | -157 |
| 2043 | -150 | -179 |
| 2044 | -171 | -201 |
| 2045 | -192 | -224 |
| 2046 | -213 | -246 |
| 2047 | -234 | -269 |
| 2048 | -255 | -291 |
| 2049 | -276 | -313 |
| 2050 | -297 | -336 |
| 2051 | -318 | -358 |
| 2052 | -338 | -381 |
| 2053 | -359 | -403 |
| 2054 | -380 | -425 |
| 2055 | -401 | -448 |
| 2056 | -422 | -470 |
| 2057 | -444 | -493 |
| 2058 | -465 | -516 |
| 2059 | -487 | -539 |
| 2060 | -509 | -562 |
| 2061 | -531 | -586 |
| 2062 | -554 | -610 |
| 2063 | -577 | -635 |
| 2064 | -601 | -660 |
| 2065 | -625 | -685 |
| 2066 | -649 | -711 |
| 2067 | -674 | -737 |
| 2068 | -699 | -764 |
| 2069 | -724 | -790 |
| 2070 | -749 | -817 |
| 2071 | -776 | -845 |
| 2072 | -802 | -873 |
| 2073 | -830 | -902 |
| 2074 | -857 | -931 |
| 2075 | -885 | -961 |
| 2076 | -914 | -992 |
| 2077 | -944 | -1023 |
| 2078 | -975 | -1056 |
| 2079 | -1007 | -1089 |
| 2080 | -1039 | -1123 |
| 2081 | -1072 | -1158 |
| 2082 | -1106 | -1193 |
| 2083 | -1139 | -1229 |
| 2084 | -1173 | -1265 |
| 2085 | -1207 | -1301 |
| 2086 | -1242 | -1337 |
| 2087 | -1275 | -1373 |
| 2088 | -1309 | -1408 |
| 2089 | -1342 | -1443 |
| 2090 | -1375 | -1478 |
| 2091 | -1407 | -1512 |
| 2092 | -1439 | -1546 |
| 2093 | -1471 | -1580 |
| 2094 | -1503 | -1613 |
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