Proposed Provision: B7.5. Increase benefits by 5 percent for all beneficiaries as of the beginning of 2021 and for those newly eligible for benefits after the beginning of 2021.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2020 | 261 | 261 |
2021 | 248 | 236 |
2022 | 233 | 217 |
2023 | 217 | 198 |
2024 | 200 | 178 |
2025 | 183 | 158 |
2026 | 165 | 137 |
2027 | 148 | 117 |
2028 | 130 | 96 |
2029 | 112 | 75 |
2030 | 94 | 54 |
2031 | 76 | 33 |
2032 | 58 | 12 |
2033 | 39 | -10 |
2034 | 20 | -32 |
2035 | 1 | -55 |
2036 | -19 | -78 |
2037 | -38 | -102 |
2038 | -59 | -126 |
2039 | -80 | -151 |
2040 | -101 | -176 |
2041 | -122 | -201 |
2042 | -144 | -227 |
2043 | -166 | -253 |
2044 | -188 | -280 |
2045 | -210 | -306 |
2046 | -232 | -333 |
2047 | -255 | -359 |
2048 | -277 | -386 |
2049 | -299 | -413 |
2050 | -322 | -439 |
2051 | -344 | -466 |
2052 | -367 | -493 |
2053 | -389 | -519 |
2054 | -412 | -546 |
2055 | -434 | -573 |
2056 | -457 | -600 |
2057 | -480 | -627 |
2058 | -504 | -655 |
2059 | -527 | -682 |
2060 | -551 | -710 |
2061 | -575 | -738 |
2062 | -599 | -767 |
2063 | -624 | -796 |
2064 | -650 | -825 |
2065 | -676 | -855 |
2066 | -702 | -886 |
2067 | -728 | -916 |
2068 | -755 | -947 |
2069 | -782 | -978 |
2070 | -809 | -1010 |
2071 | -837 | -1042 |
2072 | -866 | -1075 |
2073 | -895 | -1109 |
2074 | -925 | -1143 |
2075 | -955 | -1177 |
2076 | -986 | -1213 |
2077 | -1018 | -1249 |
2078 | -1051 | -1287 |
2079 | -1084 | -1325 |
2080 | -1119 | -1365 |
2081 | -1154 | -1406 |
2082 | -1190 | -1447 |
2083 | -1226 | -1489 |
2084 | -1263 | -1531 |
2085 | -1300 | -1574 |
2086 | -1337 | -1617 |
2087 | -1374 | -1660 |
2088 | -1411 | -1703 |
2089 | -1448 | -1745 |
2090 | -1484 | -1787 |
2091 | -1520 | -1828 |
2092 | -1554 | -1868 |
2093 | -1589 | -1908 |
2094 | -1623 | -1947 |
2095 | -1657 | -1986 |
back