Proposed Provision: B1.8. Progressive price indexing (50th percentile) of PIA factors for individuals newly eligible for OASI benefits in 2025 through 2064: Create a new bend point at the 50th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 50th percentile and below. Reduce the 32 and 15 percent factors above the 50th percentile such that the initial benefit for a worker with AIME equal to the taxable maximum grows by inflation rather than the growth in the SSA average wage index. Disabled workers are: (a) not affected prior to normal retirement age; and (b) subject to a proportional reduction in benefits, based on the worker's years of disability, upon conversion to retired-worker beneficiary status.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2020261261
2021248248
2022233233
2023217217
2024200200
2025183183
2026165165
2027148148
2028130130
2029112112
20309494
20317676
20325858
20333940
20342021
203512
2036-19-17
2037-38-36
2038-59-56
2039-80-76
2040-101-97
2041-122-117
2042-144-138
2043-166-159
2044-188-179
2045-210-200
2046-232-221
2047-255-242
2048-277-262
2049-299-283
2050-322-303
2051-344-323
2052-367-343
2053-389-363
2054-412-382
2055-434-402
2056-457-422
2057-480-441
2058-504-461
2059-527-480
2060-551-500
2061-575-520
2062-599-539
2063-624-560
2064-650-580
2065-676-600
2066-702-621
2067-728-642
2068-755-663
2069-782-684
2070-809-705
2071-837-726
2072-866-748
2073-895-770
2074-925-792
2075-955-815
2076-986-837
2077-1018-861
2078-1051-885
2079-1084-909
2080-1119-934
2081-1154-959
2082-1190-984
2083-1226-1010
2084-1263-1035
2085-1300-1061
2086-1337-1087
2087-1374-1112
2088-1411-1137
2089-1448-1161
2090-1484-1185
2091-1520-1208
2092-1554-1231
2093-1589-1253
2094-1623-1274
2095-1657-1296
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