Proposed Provision: B6.5. Starting in 2025, provide a 5 percent uniform PIA increase 20 years after benefit eligibility. Phase in the PIA increase at 1 percent per year from the 16th through 20th years after eligibility. The full PIA increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to the SSA average wage index. Auxiliary beneficiaries receive benefit enhancement based on the PIA of the governing worker.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2022 | 230 | 230 |
2023 | 211 | 211 |
2024 | 194 | 194 |
2025 | 177 | 175 |
2026 | 160 | 156 |
2027 | 143 | 139 |
2028 | 126 | 120 |
2029 | 109 | 102 |
2030 | 91 | 84 |
2031 | 74 | 66 |
2032 | 57 | 48 |
2033 | 39 | 29 |
2034 | 21 | 10 |
2035 | 3 | -9 |
2036 | -16 | -29 |
2037 | -35 | -49 |
2038 | -54 | -70 |
2039 | -74 | -91 |
2040 | -95 | -113 |
2041 | -116 | -135 |
2042 | -137 | -157 |
2043 | -158 | -180 |
2044 | -180 | -203 |
2045 | -202 | -226 |
2046 | -224 | -250 |
2047 | -246 | -273 |
2048 | -268 | -297 |
2049 | -291 | -321 |
2050 | -313 | -345 |
2051 | -336 | -369 |
2052 | -359 | -394 |
2053 | -383 | -418 |
2054 | -406 | -443 |
2055 | -430 | -468 |
2056 | -453 | -493 |
2057 | -477 | -518 |
2058 | -501 | -544 |
2059 | -525 | -569 |
2060 | -550 | -595 |
2061 | -575 | -622 |
2062 | -601 | -649 |
2063 | -627 | -676 |
2064 | -654 | -704 |
2065 | -681 | -733 |
2066 | -708 | -762 |
2067 | -736 | -791 |
2068 | -764 | -820 |
2069 | -792 | -850 |
2070 | -821 | -880 |
2071 | -850 | -910 |
2072 | -880 | -942 |
2073 | -910 | -973 |
2074 | -940 | -1005 |
2075 | -971 | -1037 |
2076 | -1003 | -1071 |
2077 | -1036 | -1105 |
2078 | -1069 | -1140 |
2079 | -1104 | -1176 |
2080 | -1139 | -1213 |
2081 | -1175 | -1251 |
2082 | -1212 | -1290 |
2083 | -1249 | -1329 |
2084 | -1286 | -1368 |
2085 | -1324 | -1408 |
2086 | -1363 | -1449 |
2087 | -1402 | -1490 |
2088 | -1442 | -1531 |
2089 | -1481 | -1573 |
2090 | -1520 | -1614 |
2091 | -1558 | -1654 |
2092 | -1595 | -1694 |
2093 | -1632 | -1732 |
2094 | -1668 | -1771 |
2095 | -1703 | -1808 |
2096 | -1738 | -1845 |
2097 | -1773 | -1882 |
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