Proposed Provision: B4.2. Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2022-2030.
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 | 160 |
2027 | 141 | 141 |
2028 | 122 | 123 |
2029 | 104 | 105 |
2030 | 85 | 86 |
2031 | 66 | 67 |
2032 | 46 | 49 |
2033 | 27 | 30 |
2034 | 7 | 11 |
2035 | -13 | -9 |
2036 | -33 | -28 |
2037 | -54 | -48 |
2038 | -76 | -68 |
2039 | -97 | -89 |
2040 | -119 | -110 |
2041 | -142 | -131 |
2042 | -165 | -152 |
2043 | -188 | -173 |
2044 | -211 | -195 |
2045 | -235 | -217 |
2046 | -258 | -239 |
2047 | -282 | -261 |
2048 | -306 | -283 |
2049 | -330 | -305 |
2050 | -354 | -327 |
2051 | -378 | -349 |
2052 | -403 | -371 |
2053 | -427 | -393 |
2054 | -452 | -416 |
2055 | -477 | -438 |
2056 | -502 | -461 |
2057 | -527 | -483 |
2058 | -552 | -506 |
2059 | -578 | -529 |
2060 | -604 | -552 |
2061 | -630 | -575 |
2062 | -657 | -599 |
2063 | -684 | -623 |
2064 | -712 | -648 |
2065 | -740 | -673 |
2066 | -768 | -698 |
2067 | -796 | -724 |
2068 | -825 | -750 |
2069 | -855 | -776 |
2070 | -884 | -803 |
2071 | -914 | -830 |
2072 | -945 | -857 |
2073 | -976 | -885 |
2074 | -1007 | -913 |
2075 | -1039 | -942 |
2076 | -1071 | -971 |
2077 | -1105 | -1002 |
2078 | -1139 | -1033 |
2079 | -1175 | -1065 |
2080 | -1211 | -1097 |
2081 | -1248 | -1131 |
2082 | -1286 | -1165 |
2083 | -1324 | -1199 |
2084 | -1363 | -1235 |
2085 | -1403 | -1270 |
2086 | -1443 | -1306 |
2087 | -1483 | -1342 |
2088 | -1524 | -1379 |
2089 | -1564 | -1415 |
2090 | -1604 | -1451 |
2091 | -1643 | -1485 |
2092 | -1681 | -1519 |
2093 | -1718 | -1552 |
2094 | -1754 | -1584 |
2095 | -1789 | -1616 |
2096 | -1825 | -1648 |
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