Proposed Provision: B7.2. Reduce benefits by 5 percent for those newly eligible for benefits in 2021 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2020 | 261 | 261 |
2021 | 248 | 248 |
2022 | 233 | 233 |
2023 | 217 | 217 |
2024 | 200 | 201 |
2025 | 183 | 185 |
2026 | 165 | 168 |
2027 | 148 | 151 |
2028 | 130 | 134 |
2029 | 112 | 117 |
2030 | 94 | 100 |
2031 | 76 | 84 |
2032 | 58 | 67 |
2033 | 39 | 50 |
2034 | 20 | 33 |
2035 | 1 | 16 |
2036 | -19 | -2 |
2037 | -38 | -19 |
2038 | -59 | -37 |
2039 | -80 | -55 |
2040 | -101 | -74 |
2041 | -122 | -92 |
2042 | -144 | -111 |
2043 | -166 | -130 |
2044 | -188 | -149 |
2045 | -210 | -168 |
2046 | -232 | -187 |
2047 | -255 | -206 |
2048 | -277 | -225 |
2049 | -299 | -243 |
2050 | -322 | -262 |
2051 | -344 | -281 |
2052 | -367 | -299 |
2053 | -389 | -318 |
2054 | -412 | -337 |
2055 | -434 | -356 |
2056 | -457 | -374 |
2057 | -480 | -393 |
2058 | -504 | -413 |
2059 | -527 | -432 |
2060 | -551 | -452 |
2061 | -575 | -472 |
2062 | -599 | -492 |
2063 | -624 | -513 |
2064 | -650 | -534 |
2065 | -676 | -556 |
2066 | -702 | -577 |
2067 | -728 | -600 |
2068 | -755 | -622 |
2069 | -782 | -645 |
2070 | -809 | -668 |
2071 | -837 | -692 |
2072 | -866 | -717 |
2073 | -895 | -741 |
2074 | -925 | -767 |
2075 | -955 | -792 |
2076 | -986 | -819 |
2077 | -1018 | -846 |
2078 | -1051 | -874 |
2079 | -1084 | -903 |
2080 | -1119 | -932 |
2081 | -1154 | -962 |
2082 | -1190 | -993 |
2083 | -1226 | -1024 |
2084 | -1263 | -1055 |
2085 | -1300 | -1086 |
2086 | -1337 | -1118 |
2087 | -1374 | -1150 |
2088 | -1411 | -1181 |
2089 | -1448 | -1212 |
2090 | -1484 | -1243 |
2091 | -1520 | -1273 |
2092 | -1554 | -1303 |
2093 | -1589 | -1332 |
2094 | -1623 | -1361 |
2095 | -1657 | -1389 |
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