Proposed Provision: B3.11. Increase the first PIA factor from 90 percent to 93 percent for all beneficiaries eligible as of January 2024 and for those newly eligible for benefits after 2023.

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

Year Current Law Provision
2022230230
2023211211
2024194191
2025177173
2026160155
2027143137
2028126118
2029109100
20309182
20317464
20325746
20333927
2034218
20353-11
2036-16-31
2037-35-51
2038-54-72
2039-74-94
2040-95-115
2041-116-137
2042-137-160
2043-158-182
2044-180-205
2045-202-228
2046-224-252
2047-246-275
2048-268-299
2049-291-323
2050-313-347
2051-336-371
2052-359-395
2053-383-420
2054-406-445
2055-430-469
2056-453-494
2057-477-519
2058-501-544
2059-525-570
2060-550-596
2061-575-622
2062-601-649
2063-627-677
2064-654-705
2065-681-733
2066-708-762
2067-736-791
2068-764-820
2069-792-850
2070-821-880
2071-850-911
2072-880-941
2073-910-973
2074-940-1005
2075-971-1037
2076-1003-1070
2077-1036-1104
2078-1069-1139
2079-1104-1175
2080-1139-1212
2081-1175-1250
2082-1212-1288
2083-1249-1327
2084-1286-1366
2085-1324-1406
2086-1363-1447
2087-1402-1488
2088-1442-1529
2089-1481-1570
2090-1520-1611
2091-1558-1651
2092-1595-1690
2093-1632-1729
2094-1668-1767
2095-1703-1804
2096-1738-1840
2097-1773-1876
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