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 2021-2025.
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 | 200 |
2025 | 183 | 183 |
2026 | 165 | 166 |
2027 | 148 | 149 |
2028 | 130 | 131 |
2029 | 112 | 113 |
2030 | 94 | 96 |
2031 | 76 | 78 |
2032 | 58 | 60 |
2033 | 39 | 43 |
2034 | 20 | 25 |
2035 | 1 | 6 |
2036 | -19 | -13 |
2037 | -38 | -32 |
2038 | -59 | -51 |
2039 | -80 | -71 |
2040 | -101 | -91 |
2041 | -122 | -111 |
2042 | -144 | -132 |
2043 | -166 | -152 |
2044 | -188 | -173 |
2045 | -210 | -194 |
2046 | -232 | -215 |
2047 | -255 | -236 |
2048 | -277 | -257 |
2049 | -299 | -278 |
2050 | -322 | -299 |
2051 | -344 | -319 |
2052 | -367 | -340 |
2053 | -389 | -361 |
2054 | -412 | -382 |
2055 | -434 | -403 |
2056 | -457 | -424 |
2057 | -480 | -446 |
2058 | -504 | -467 |
2059 | -527 | -489 |
2060 | -551 | -511 |
2061 | -575 | -533 |
2062 | -599 | -556 |
2063 | -624 | -579 |
2064 | -650 | -602 |
2065 | -676 | -626 |
2066 | -702 | -651 |
2067 | -728 | -675 |
2068 | -755 | -700 |
2069 | -782 | -725 |
2070 | -809 | -751 |
2071 | -837 | -777 |
2072 | -866 | -804 |
2073 | -895 | -831 |
2074 | -925 | -859 |
2075 | -955 | -887 |
2076 | -986 | -916 |
2077 | -1018 | -946 |
2078 | -1051 | -977 |
2079 | -1084 | -1008 |
2080 | -1119 | -1040 |
2081 | -1154 | -1073 |
2082 | -1190 | -1107 |
2083 | -1226 | -1141 |
2084 | -1263 | -1175 |
2085 | -1300 | -1209 |
2086 | -1337 | -1244 |
2087 | -1374 | -1279 |
2088 | -1411 | -1314 |
2089 | -1448 | -1348 |
2090 | -1484 | -1382 |
2091 | -1520 | -1415 |
2092 | -1554 | -1447 |
2093 | -1589 | -1479 |
2094 | -1623 | -1511 |
2095 | -1657 | -1543 |
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