Proposed Provision: B6.4. Starting in 2024, provide a 5 percent uniform benefit increase 24 years after initial benefit eligibility. Phase in the benefit increase at 1 percent per year from the 20th through 24th years after eligibility. For disabled workers, the eligibility age is the initial entitlement year to the benefit. The benefit increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to SSA's average wage index. Auxiliary beneficiaries receive benefit enhancement based on the PIA of the governing worker.

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

Year Current Law Provision
2023204204
2024187186
2025168166
2026149147
2027131128
2028114110
20299692
20307874
20316055
20324337
20332519
203470
2035-12-19
2036-31-39
2037-51-60
2038-70-80
2039-91-101
2040-112-123
2041-133-145
2042-154-167
2043-176-190
2044-198-213
2045-220-236
2046-243-259
2047-265-282
2048-288-306
2049-311-330
2050-333-353
2051-357-377
2052-380-402
2053-403-426
2054-427-450
2055-450-475
2056-474-499
2057-498-524
2058-522-549
2059-547-575
2060-572-600
2061-597-627
2062-623-654
2063-650-681
2064-677-710
2065-705-738
2066-733-767
2067-762-797
2068-791-826
2069-820-857
2070-850-887
2071-880-918
2072-911-950
2073-942-982
2074-974-1015
2075-1006-1048
2076-1039-1082
2077-1074-1117
2078-1108-1153
2079-1144-1190
2080-1181-1228
2081-1218-1266
2082-1256-1305
2083-1294-1345
2084-1333-1385
2085-1373-1426
2086-1413-1467
2087-1453-1509
2088-1494-1550
2089-1534-1592
2090-1574-1633
2091-1613-1674
2092-1651-1713
2093-1689-1752
2094-1726-1791
2095-1762-1829
2096-1798-1866
2097-1833-1903
2098-1868-1939
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