Proposed Provision: B7.2. Reduce benefits by 5 percent for those newly eligible for benefits in 2022 and later.
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 | 197 |
2025 | 178 | 179 |
2026 | 159 | 161 |
2027 | 141 | 143 |
2028 | 122 | 125 |
2029 | 104 | 108 |
2030 | 85 | 90 |
2031 | 66 | 72 |
2032 | 46 | 54 |
2033 | 27 | 36 |
2034 | 7 | 17 |
2035 | -13 | -1 |
2036 | -33 | -20 |
2037 | -54 | -38 |
2038 | -76 | -58 |
2039 | -97 | -77 |
2040 | -119 | -97 |
2041 | -142 | -117 |
2042 | -165 | -137 |
2043 | -188 | -157 |
2044 | -211 | -178 |
2045 | -235 | -198 |
2046 | -258 | -219 |
2047 | -282 | -239 |
2048 | -306 | -260 |
2049 | -330 | -281 |
2050 | -354 | -301 |
2051 | -378 | -322 |
2052 | -403 | -343 |
2053 | -427 | -364 |
2054 | -452 | -385 |
2055 | -477 | -406 |
2056 | -502 | -427 |
2057 | -527 | -449 |
2058 | -552 | -470 |
2059 | -578 | -492 |
2060 | -604 | -514 |
2061 | -630 | -536 |
2062 | -657 | -559 |
2063 | -684 | -582 |
2064 | -712 | -605 |
2065 | -740 | -629 |
2066 | -768 | -653 |
2067 | -796 | -678 |
2068 | -825 | -703 |
2069 | -855 | -728 |
2070 | -884 | -753 |
2071 | -914 | -779 |
2072 | -945 | -805 |
2073 | -976 | -832 |
2074 | -1007 | -859 |
2075 | -1039 | -886 |
2076 | -1071 | -915 |
2077 | -1105 | -944 |
2078 | -1139 | -973 |
2079 | -1175 | -1004 |
2080 | -1211 | -1036 |
2081 | -1248 | -1068 |
2082 | -1286 | -1100 |
2083 | -1324 | -1133 |
2084 | -1363 | -1167 |
2085 | -1403 | -1201 |
2086 | -1443 | -1235 |
2087 | -1483 | -1270 |
2088 | -1524 | -1305 |
2089 | -1564 | -1340 |
2090 | -1604 | -1374 |
2091 | -1643 | -1407 |
2092 | -1681 | -1439 |
2093 | -1718 | -1470 |
2094 | -1754 | -1501 |
2095 | -1789 | -1532 |
2096 | -1825 | -1562 |
back