Proposed Provision: B6.2. Provide the same dollar amount increase to the monthly benefit amount (MBA) of any beneficiary who is 85 or older at the beginning of 2024 or who reaches their 85th birthday after the beginning of 2024. The dollar amount of increase equals 5 percent of the average retired-worker MBA in the prior year.

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

Year Current Law Provision
2023204204
2024187186
2025168167
2026149148
2027131130
2028114112
20299694
20307876
20316057
20324339
20332521
203473
2035-12-16
2036-31-36
2037-51-56
2038-70-76
2039-91-97
2040-112-119
2041-133-140
2042-154-162
2043-176-185
2044-198-207
2045-220-230
2046-243-253
2047-265-276
2048-288-299
2049-311-323
2050-333-346
2051-357-370
2052-380-394
2053-403-418
2054-427-442
2055-450-466
2056-474-491
2057-498-515
2058-522-540
2059-547-565
2060-572-591
2061-597-617
2062-623-644
2063-650-672
2064-677-699
2065-705-728
2066-733-756
2067-762-786
2068-791-815
2069-820-845
2070-850-876
2071-880-907
2072-911-938
2073-942-970
2074-974-1002
2075-1006-1035
2076-1039-1069
2077-1074-1103
2078-1108-1139
2079-1144-1175
2080-1181-1213
2081-1218-1251
2082-1256-1290
2083-1294-1329
2084-1333-1369
2085-1373-1409
2086-1413-1450
2087-1453-1491
2088-1494-1533
2089-1534-1574
2090-1574-1615
2091-1613-1655
2092-1651-1694
2093-1689-1733
2094-1726-1771
2095-1762-1808
2096-1798-1845
2097-1833-1881
2098-1868-1917
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