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 2020-2024.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2019 | 273 | 273 |
2020 | 260 | 260 |
2021 | 245 | 245 |
2022 | 229 | 229 |
2023 | 213 | 214 |
2024 | 197 | 197 |
2025 | 180 | 181 |
2026 | 163 | 164 |
2027 | 147 | 148 |
2028 | 130 | 132 |
2029 | 114 | 116 |
2030 | 97 | 100 |
2031 | 80 | 84 |
2032 | 63 | 67 |
2033 | 46 | 50 |
2034 | 28 | 33 |
2035 | 10 | 16 |
2036 | -9 | -2 |
2037 | -28 | -20 |
2038 | -47 | -38 |
2039 | -67 | -57 |
2040 | -87 | -76 |
2041 | -108 | -95 |
2042 | -129 | -115 |
2043 | -150 | -134 |
2044 | -171 | -154 |
2045 | -192 | -173 |
2046 | -213 | -193 |
2047 | -234 | -212 |
2048 | -255 | -232 |
2049 | -276 | -251 |
2050 | -297 | -270 |
2051 | -318 | -289 |
2052 | -338 | -309 |
2053 | -359 | -328 |
2054 | -380 | -347 |
2055 | -401 | -366 |
2056 | -422 | -385 |
2057 | -444 | -405 |
2058 | -465 | -424 |
2059 | -487 | -444 |
2060 | -509 | -464 |
2061 | -531 | -485 |
2062 | -554 | -505 |
2063 | -577 | -527 |
2064 | -601 | -548 |
2065 | -625 | -570 |
2066 | -649 | -593 |
2067 | -674 | -615 |
2068 | -699 | -638 |
2069 | -724 | -662 |
2070 | -749 | -685 |
2071 | -776 | -709 |
2072 | -802 | -734 |
2073 | -830 | -759 |
2074 | -857 | -785 |
2075 | -885 | -811 |
2076 | -914 | -838 |
2077 | -944 | -866 |
2078 | -975 | -894 |
2079 | -1007 | -923 |
2080 | -1039 | -953 |
2081 | -1072 | -984 |
2082 | -1106 | -1015 |
2083 | -1139 | -1046 |
2084 | -1173 | -1077 |
2085 | -1207 | -1109 |
2086 | -1242 | -1140 |
2087 | -1275 | -1172 |
2088 | -1309 | -1203 |
2089 | -1342 | -1233 |
2090 | -1375 | -1264 |
2091 | -1407 | -1293 |
2092 | -1439 | -1323 |
2093 | -1471 | -1353 |
2094 | -1503 | -1382 |
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