Proposed Provision: B3.15. Increase the 90 percent PIA formula factor to 91 percent for beneficiaries newly eligible in 2027, 92 percent for those newly eligible in 2028, ..., reaching 95 percent for those newly eligible in 2031 and later.

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

Year Current Law Provision
2022230230
2023211211
2024194194
2025177177
2026160160
2027143143
2028126126
2029109109
20309191
20317474
20325757
20333939
20342121
203532
2036-16-17
2037-35-37
2038-54-57
2039-74-77
2040-95-98
2041-116-120
2042-137-141
2043-158-164
2044-180-186
2045-202-209
2046-224-232
2047-246-255
2048-268-278
2049-291-302
2050-313-326
2051-336-350
2052-359-374
2053-383-399
2054-406-423
2055-430-448
2056-453-473
2057-477-498
2058-501-524
2059-525-550
2060-550-576
2061-575-603
2062-601-630
2063-627-658
2064-654-687
2065-681-715
2066-708-745
2067-736-774
2068-764-804
2069-792-834
2070-821-865
2071-850-896
2072-880-928
2073-910-959
2074-940-992
2075-971-1025
2076-1003-1058
2077-1036-1093
2078-1069-1129
2079-1104-1165
2080-1139-1203
2081-1175-1241
2082-1212-1280
2083-1249-1319
2084-1286-1359
2085-1324-1400
2086-1363-1441
2087-1402-1483
2088-1442-1525
2089-1481-1566
2090-1520-1608
2091-1558-1648
2092-1595-1688
2093-1632-1728
2094-1668-1766
2095-1703-1804
2096-1738-1841
2097-1773-1878
back