Proposed Provision: B6.2. Provide the same dollar amount increase to the monthly benefit amount (MBA) of any beneficiary who is 85 or older at the beginning of 2020 or who reaches their 85th birthday after the beginning of 2020. The dollar amount of increase equals 5 percent of the average retired-worker MBA in the prior year.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2019 | 273 | 273 |
2020 | 260 | 259 |
2021 | 245 | 244 |
2022 | 229 | 228 |
2023 | 213 | 211 |
2024 | 197 | 195 |
2025 | 180 | 178 |
2026 | 163 | 160 |
2027 | 147 | 144 |
2028 | 130 | 127 |
2029 | 114 | 110 |
2030 | 97 | 93 |
2031 | 80 | 76 |
2032 | 63 | 58 |
2033 | 46 | 41 |
2034 | 28 | 22 |
2035 | 10 | 4 |
2036 | -9 | -15 |
2037 | -28 | -35 |
2038 | -47 | -55 |
2039 | -67 | -75 |
2040 | -87 | -96 |
2041 | -108 | -117 |
2042 | -129 | -138 |
2043 | -150 | -160 |
2044 | -171 | -182 |
2045 | -192 | -203 |
2046 | -213 | -225 |
2047 | -234 | -246 |
2048 | -255 | -268 |
2049 | -276 | -290 |
2050 | -297 | -311 |
2051 | -318 | -333 |
2052 | -338 | -355 |
2053 | -359 | -376 |
2054 | -380 | -398 |
2055 | -401 | -420 |
2056 | -422 | -442 |
2057 | -444 | -464 |
2058 | -465 | -486 |
2059 | -487 | -508 |
2060 | -509 | -531 |
2061 | -531 | -554 |
2062 | -554 | -578 |
2063 | -577 | -601 |
2064 | -601 | -626 |
2065 | -625 | -650 |
2066 | -649 | -675 |
2067 | -674 | -701 |
2068 | -699 | -726 |
2069 | -724 | -752 |
2070 | -749 | -778 |
2071 | -776 | -805 |
2072 | -802 | -833 |
2073 | -830 | -861 |
2074 | -857 | -889 |
2075 | -885 | -918 |
2076 | -914 | -948 |
2077 | -944 | -978 |
2078 | -975 | -1010 |
2079 | -1007 | -1042 |
2080 | -1039 | -1076 |
2081 | -1072 | -1109 |
2082 | -1106 | -1144 |
2083 | -1139 | -1178 |
2084 | -1173 | -1213 |
2085 | -1207 | -1248 |
2086 | -1242 | -1283 |
2087 | -1275 | -1318 |
2088 | -1309 | -1353 |
2089 | -1342 | -1387 |
2090 | -1375 | -1421 |
2091 | -1407 | -1454 |
2092 | -1439 | -1487 |
2093 | -1471 | -1519 |
2094 | -1503 | -1552 |
back