Proposed Provision: B6.1. Provide a 5 percent increase to the monthly benefit amount (MBA) of any beneficiary who is 85 or older at the beginning of 2023 or who reaches their 85th birthday after the beginning of 2023.

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

Year Current Law Provision
2022230230
2023211210
2024194193
2025177176
2026160158
2027143141
2028126123
2029109106
20309188
20317471
20325753
20333935
20342117
20353-2
2036-16-21
2037-35-41
2038-54-61
2039-74-82
2040-95-103
2041-116-124
2042-137-146
2043-158-168
2044-180-190
2045-202-212
2046-224-235
2047-246-258
2048-268-281
2049-291-304
2050-313-327
2051-336-351
2052-359-375
2053-383-399
2054-406-423
2055-430-447
2056-453-471
2057-477-496
2058-501-520
2059-525-545
2060-550-571
2061-575-597
2062-601-623
2063-627-650
2064-654-677
2065-681-705
2066-708-733
2067-736-761
2068-764-790
2069-792-819
2070-821-848
2071-850-878
2072-880-908
2073-910-939
2074-940-970
2075-971-1001
2076-1003-1034
2077-1036-1067
2078-1069-1102
2079-1104-1137
2080-1139-1173
2081-1175-1210
2082-1212-1247
2083-1249-1285
2084-1286-1324
2085-1324-1363
2086-1363-1402
2087-1402-1443
2088-1442-1483
2089-1481-1523
2090-1520-1563
2091-1558-1602
2092-1595-1640
2093-1632-1678
2094-1668-1715
2095-1703-1751
2096-1738-1787
2097-1773-1823
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