Proposed Provision: B1.1. Price indexing of PIA factors beginning with those newly eligible for OASDI benefits in 2029: 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 |
2022 | 230 | 230 |
2023 | 211 | 211 |
2024 | 194 | 194 |
2025 | 177 | 177 |
2026 | 160 | 160 |
2027 | 143 | 143 |
2028 | 126 | 126 |
2029 | 109 | 109 |
2030 | 91 | 92 |
2031 | 74 | 74 |
2032 | 57 | 57 |
2033 | 39 | 40 |
2034 | 21 | 22 |
2035 | 3 | 4 |
2036 | -16 | -14 |
2037 | -35 | -33 |
2038 | -54 | -52 |
2039 | -74 | -71 |
2040 | -95 | -90 |
2041 | -116 | -110 |
2042 | -137 | -129 |
2043 | -158 | -149 |
2044 | -180 | -169 |
2045 | -202 | -188 |
2046 | -224 | -208 |
2047 | -246 | -227 |
2048 | -268 | -246 |
2049 | -291 | -265 |
2050 | -313 | -283 |
2051 | -336 | -301 |
2052 | -359 | -320 |
2053 | -383 | -337 |
2054 | -406 | -355 |
2055 | -430 | -371 |
2056 | -453 | -388 |
2057 | -477 | -404 |
2058 | -501 | -420 |
2059 | -525 | -435 |
2060 | -550 | -450 |
2061 | -575 | -464 |
2062 | -601 | -479 |
2063 | -627 | -493 |
2064 | -654 | -507 |
2065 | -681 | -520 |
2066 | -708 | -533 |
2067 | -736 | -545 |
2068 | -764 | -557 |
2069 | -792 | -568 |
2070 | -821 | -579 |
2071 | -850 | -590 |
2072 | -880 | -600 |
2073 | -910 | -609 |
2074 | -940 | -618 |
2075 | -971 | -627 |
2076 | -1003 | -635 |
2077 | -1036 | -642 |
2078 | -1069 | -650 |
2079 | -1104 | -657 |
2080 | -1139 | -663 |
2081 | -1175 | -669 |
2082 | -1212 | -673 |
2083 | -1249 | -677 |
2084 | -1286 | -679 |
2085 | -1324 | -681 |
2086 | -1363 | -681 |
2087 | -1402 | -680 |
2088 | -1442 | -677 |
2089 | -1481 | -673 |
2090 | -1520 | -667 |
2091 | -1558 | -658 |
2092 | -1595 | -648 |
2093 | -1632 | -635 |
2094 | -1668 | -621 |
2095 | -1703 | -604 |
2096 | -1738 | -586 |
2097 | -1773 | -565 |
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