Proposed Provision: B1.1. Price indexing of PIA factors beginning with those newly eligible for OASDI benefits in 2028: Reduce factors so that initial benefits grow by inflation rather than by the SSA average wage index.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2021 | 253 | 253 |
2022 | 231 | 231 |
2023 | 214 | 214 |
2024 | 196 | 196 |
2025 | 178 | 178 |
2026 | 159 | 159 |
2027 | 141 | 141 |
2028 | 122 | 122 |
2029 | 104 | 104 |
2030 | 85 | 85 |
2031 | 66 | 66 |
2032 | 46 | 47 |
2033 | 27 | 28 |
2034 | 7 | 8 |
2035 | -13 | -12 |
2036 | -33 | -32 |
2037 | -54 | -52 |
2038 | -76 | -72 |
2039 | -97 | -93 |
2040 | -119 | -114 |
2041 | -142 | -135 |
2042 | -165 | -156 |
2043 | -188 | -178 |
2044 | -211 | -199 |
2045 | -235 | -220 |
2046 | -258 | -241 |
2047 | -282 | -262 |
2048 | -306 | -283 |
2049 | -330 | -303 |
2050 | -354 | -323 |
2051 | -378 | -343 |
2052 | -403 | -362 |
2053 | -427 | -382 |
2054 | -452 | -400 |
2055 | -477 | -419 |
2056 | -502 | -437 |
2057 | -527 | -454 |
2058 | -552 | -471 |
2059 | -578 | -487 |
2060 | -604 | -504 |
2061 | -630 | -519 |
2062 | -657 | -535 |
2063 | -684 | -550 |
2064 | -712 | -565 |
2065 | -740 | -579 |
2066 | -768 | -593 |
2067 | -796 | -606 |
2068 | -825 | -619 |
2069 | -855 | -631 |
2070 | -884 | -643 |
2071 | -914 | -654 |
2072 | -945 | -665 |
2073 | -976 | -675 |
2074 | -1007 | -685 |
2075 | -1039 | -695 |
2076 | -1071 | -704 |
2077 | -1105 | -713 |
2078 | -1139 | -721 |
2079 | -1175 | -729 |
2080 | -1211 | -736 |
2081 | -1248 | -743 |
2082 | -1286 | -749 |
2083 | -1324 | -754 |
2084 | -1363 | -758 |
2085 | -1403 | -761 |
2086 | -1443 | -762 |
2087 | -1483 | -762 |
2088 | -1524 | -761 |
2089 | -1564 | -758 |
2090 | -1604 | -753 |
2091 | -1643 | -745 |
2092 | -1681 | -736 |
2093 | -1718 | -724 |
2094 | -1754 | -711 |
2095 | -1789 | -695 |
2096 | -1825 | -678 |
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