Proposed Provision: B6.5. Starting in 2022, 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. Auxiliary beneficiaries receive benefit enhancement based on the PIA of the governing worker.
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 | 227 |
| 2023 | 213 | 210 |
| 2024 | 197 | 192 |
| 2025 | 180 | 175 |
| 2026 | 163 | 157 |
| 2027 | 147 | 140 |
| 2028 | 130 | 122 |
| 2029 | 114 | 105 |
| 2030 | 97 | 87 |
| 2031 | 80 | 69 |
| 2032 | 63 | 51 |
| 2033 | 46 | 33 |
| 2034 | 28 | 14 |
| 2035 | 10 | -6 |
| 2036 | -9 | -25 |
| 2037 | -28 | -46 |
| 2038 | -47 | -66 |
| 2039 | -67 | -87 |
| 2040 | -87 | -109 |
| 2041 | -108 | -131 |
| 2042 | -129 | -153 |
| 2043 | -150 | -175 |
| 2044 | -171 | -198 |
| 2045 | -192 | -220 |
| 2046 | -213 | -243 |
| 2047 | -234 | -265 |
| 2048 | -255 | -288 |
| 2049 | -276 | -310 |
| 2050 | -297 | -333 |
| 2051 | -318 | -356 |
| 2052 | -338 | -378 |
| 2053 | -359 | -401 |
| 2054 | -380 | -423 |
| 2055 | -401 | -446 |
| 2056 | -422 | -468 |
| 2057 | -444 | -491 |
| 2058 | -465 | -514 |
| 2059 | -487 | -537 |
| 2060 | -509 | -561 |
| 2061 | -531 | -585 |
| 2062 | -554 | -609 |
| 2063 | -577 | -634 |
| 2064 | -601 | -659 |
| 2065 | -625 | -684 |
| 2066 | -649 | -710 |
| 2067 | -674 | -736 |
| 2068 | -699 | -763 |
| 2069 | -724 | -789 |
| 2070 | -749 | -817 |
| 2071 | -776 | -844 |
| 2072 | -802 | -873 |
| 2073 | -830 | -901 |
| 2074 | -857 | -931 |
| 2075 | -885 | -961 |
| 2076 | -914 | -991 |
| 2077 | -944 | -1023 |
| 2078 | -975 | -1056 |
| 2079 | -1007 | -1089 |
| 2080 | -1039 | -1124 |
| 2081 | -1072 | -1159 |
| 2082 | -1106 | -1194 |
| 2083 | -1139 | -1230 |
| 2084 | -1173 | -1266 |
| 2085 | -1207 | -1302 |
| 2086 | -1242 | -1338 |
| 2087 | -1275 | -1374 |
| 2088 | -1309 | -1410 |
| 2089 | -1342 | -1445 |
| 2090 | -1375 | -1480 |
| 2091 | -1407 | -1515 |
| 2092 | -1439 | -1549 |
| 2093 | -1471 | -1583 |
| 2094 | -1503 | -1617 |
back