Proposed Provision: B5.7. Beginning for those newly eligible in 2025, reconfigure the special minimum benefit: (a) The number of years of work (YOWs) is determined as total quarters of coverage divided by 4, ignoring any fraction. Childcare years are granted to parents who have a child under 6, with a limit of 5 such years. (b) At implementation, set the PIA for 30+ YOWs equal to 100 percent of the monthly HHS poverty level for the year prior to eligibility. For workers between 11 and 29 YOWs, reduce the special minimum by 3 1/3 percentage points per YOW so that at 29 YOWs the minimum would be 96 2/3% of poverty, ..., down to 11 YOWs at 36 2/3% of poverty. No minimum for 10 or fewer YOWs.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2022230230
2023211211
2024194194
2025177177
2026160160
2027143143
2028126126
2029109108
20309191
20317474
20325757
20333939
20342121
203532
2036-16-16
2037-35-36
2038-54-55
2039-74-76
2040-95-96
2041-116-117
2042-137-138
2043-158-160
2044-180-182
2045-202-204
2046-224-226
2047-246-248
2048-268-271
2049-291-294
2050-313-316
2051-336-339
2052-359-363
2053-383-386
2054-406-410
2055-430-433
2056-453-457
2057-477-481
2058-501-506
2059-525-530
2060-550-555
2061-575-580
2062-601-606
2063-627-633
2064-654-660
2065-681-687
2066-708-714
2067-736-742
2068-764-771
2069-792-799
2070-821-828
2071-850-858
2072-880-887
2073-910-917
2074-940-948
2075-971-979
2076-1003-1011
2077-1036-1044
2078-1069-1078
2079-1104-1113
2080-1139-1148
2081-1175-1184
2082-1212-1221
2083-1249-1258
2084-1286-1296
2085-1324-1334
2086-1363-1373
2087-1402-1413
2088-1442-1452
2089-1481-1492
2090-1520-1531
2091-1558-1569
2092-1595-1606
2093-1632-1643
2094-1668-1680
2095-1703-1715
2096-1738-1750
2097-1773-1785
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