Proposed Provision: B6.3. Provide an increase in the benefit level of any beneficiary who is 85 or older at the beginning of 2025 or who reaches their 85th birthday after the beginning of 2025. Increase the beneficiary's PIA based on an amount equal to the average retired-worker PIA at the end of 2024, or at the end of the year age 80 if later. Increase the beneficiary's PIA by 5 percent of this amount for those older than 85 at the beginning of 2025 and by 5 percent of this amount at age 85 for others, phased in at 1 percent per year for ages 81-85.

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

Year Current Law Provision
2023204204
2024187187
2025168167
2026149148
2027131129
2028114111
20299693
20307875
20316057
20324339
20332520
203472
2035-12-18
2036-31-37
2037-51-57
2038-70-78
2039-91-99
2040-112-121
2041-133-142
2042-154-165
2043-176-187
2044-198-210
2045-220-233
2046-243-256
2047-265-279
2048-288-303
2049-311-326
2050-333-350
2051-357-374
2052-380-398
2053-403-422
2054-427-447
2055-450-471
2056-474-495
2057-498-520
2058-522-545
2059-547-571
2060-572-596
2061-597-623
2062-623-650
2063-650-677
2064-677-705
2065-705-733
2066-733-762
2067-762-792
2068-791-821
2069-820-852
2070-850-882
2071-880-913
2072-911-945
2073-942-976
2074-974-1009
2075-1006-1042
2076-1039-1076
2077-1074-1111
2078-1108-1147
2079-1144-1183
2080-1181-1221
2081-1218-1259
2082-1256-1298
2083-1294-1338
2084-1333-1378
2085-1373-1418
2086-1413-1460
2087-1453-1501
2088-1494-1542
2089-1534-1584
2090-1574-1625
2091-1613-1665
2092-1651-1705
2093-1689-1744
2094-1726-1782
2095-1762-1820
2096-1798-1857
2097-1833-1893
2098-1868-1929
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