Proposed Provision: B6.5. Starting in 2026, provide a 5 percent uniform PIA increase 20 years after benefit eligibility. Phase in the PIA increase at 1 percent per year from the 16th through 20th years after eligibility. The full PIA increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to the SSA 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 |
2023 | 204 | 204 |
2024 | 187 | 187 |
2025 | 168 | 168 |
2026 | 149 | 147 |
2027 | 131 | 128 |
2028 | 114 | 110 |
2029 | 96 | 91 |
2030 | 78 | 72 |
2031 | 60 | 54 |
2032 | 43 | 35 |
2033 | 25 | 16 |
2034 | 7 | -3 |
2035 | -12 | -23 |
2036 | -31 | -43 |
2037 | -51 | -64 |
2038 | -70 | -85 |
2039 | -91 | -107 |
2040 | -112 | -129 |
2041 | -133 | -151 |
2042 | -154 | -174 |
2043 | -176 | -197 |
2044 | -198 | -220 |
2045 | -220 | -244 |
2046 | -243 | -267 |
2047 | -265 | -291 |
2048 | -288 | -315 |
2049 | -311 | -339 |
2050 | -333 | -364 |
2051 | -357 | -388 |
2052 | -380 | -413 |
2053 | -403 | -438 |
2054 | -427 | -463 |
2055 | -450 | -487 |
2056 | -474 | -513 |
2057 | -498 | -538 |
2058 | -522 | -563 |
2059 | -547 | -589 |
2060 | -572 | -615 |
2061 | -597 | -642 |
2062 | -623 | -670 |
2063 | -650 | -698 |
2064 | -677 | -726 |
2065 | -705 | -755 |
2066 | -733 | -785 |
2067 | -762 | -815 |
2068 | -791 | -845 |
2069 | -820 | -876 |
2070 | -850 | -907 |
2071 | -880 | -938 |
2072 | -911 | -970 |
2073 | -942 | -1003 |
2074 | -974 | -1036 |
2075 | -1006 | -1070 |
2076 | -1039 | -1105 |
2077 | -1074 | -1140 |
2078 | -1108 | -1177 |
2079 | -1144 | -1214 |
2080 | -1181 | -1253 |
2081 | -1218 | -1292 |
2082 | -1256 | -1331 |
2083 | -1294 | -1372 |
2084 | -1333 | -1413 |
2085 | -1373 | -1454 |
2086 | -1413 | -1496 |
2087 | -1453 | -1538 |
2088 | -1494 | -1580 |
2089 | -1534 | -1623 |
2090 | -1574 | -1665 |
2091 | -1613 | -1706 |
2092 | -1651 | -1747 |
2093 | -1689 | -1787 |
2094 | -1726 | -1826 |
2095 | -1762 | -1864 |
2096 | -1798 | -1902 |
2097 | -1833 | -1940 |
2098 | -1868 | -1977 |
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