Proposed Provision: B7.5. Increase benefits by 5 percent for all beneficiaries as of the beginning of 2023 and for those newly eligible for benefits after the beginning of 2023.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2022 | 230 | 230 |
2023 | 211 | 201 |
2024 | 194 | 181 |
2025 | 177 | 160 |
2026 | 160 | 140 |
2027 | 143 | 120 |
2028 | 126 | 100 |
2029 | 109 | 80 |
2030 | 91 | 60 |
2031 | 74 | 39 |
2032 | 57 | 19 |
2033 | 39 | -2 |
2034 | 21 | -23 |
2035 | 3 | -45 |
2036 | -16 | -67 |
2037 | -35 | -90 |
2038 | -54 | -113 |
2039 | -74 | -137 |
2040 | -95 | -162 |
2041 | -116 | -187 |
2042 | -137 | -212 |
2043 | -158 | -237 |
2044 | -180 | -263 |
2045 | -202 | -289 |
2046 | -224 | -315 |
2047 | -246 | -341 |
2048 | -268 | -367 |
2049 | -291 | -394 |
2050 | -313 | -421 |
2051 | -336 | -448 |
2052 | -359 | -475 |
2053 | -383 | -502 |
2054 | -406 | -530 |
2055 | -430 | -557 |
2056 | -453 | -585 |
2057 | -477 | -612 |
2058 | -501 | -640 |
2059 | -525 | -668 |
2060 | -550 | -697 |
2061 | -575 | -726 |
2062 | -601 | -756 |
2063 | -627 | -786 |
2064 | -654 | -816 |
2065 | -681 | -847 |
2066 | -708 | -879 |
2067 | -736 | -911 |
2068 | -764 | -943 |
2069 | -792 | -975 |
2070 | -821 | -1008 |
2071 | -850 | -1042 |
2072 | -880 | -1075 |
2073 | -910 | -1110 |
2074 | -940 | -1144 |
2075 | -971 | -1180 |
2076 | -1003 | -1216 |
2077 | -1036 | -1253 |
2078 | -1069 | -1291 |
2079 | -1104 | -1331 |
2080 | -1139 | -1371 |
2081 | -1175 | -1412 |
2082 | -1212 | -1454 |
2083 | -1249 | -1496 |
2084 | -1286 | -1539 |
2085 | -1324 | -1583 |
2086 | -1363 | -1628 |
2087 | -1402 | -1673 |
2088 | -1442 | -1718 |
2089 | -1481 | -1763 |
2090 | -1520 | -1808 |
2091 | -1558 | -1852 |
2092 | -1595 | -1895 |
2093 | -1632 | -1938 |
2094 | -1668 | -1979 |
2095 | -1703 | -2020 |
2096 | -1738 | -2061 |
2097 | -1773 | -2100 |
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