Proposed Provision: B3.8. Beginning with those newly eligible for OASDI benefits in 2030, create a new bend point at the 50th percentile of the AIME distribution of newly retired workers and gradually reduce all PIA factors except for the 90 percent factor. By 2063: a) the 32 percent PIA factor below the new bend point reduces to 30 percent; b) the 32 percent PIA factor above the new bend point reduces to 10 percent; and c) the 15 percent PIA factor reduces to 5 percent.

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

Year Current Law Provision
2023204204
2024187187
2025168168
2026149149
2027131131
2028114114
20299696
20307878
20316061
20324343
20332525
203477
2035-12-12
2036-31-31
2037-51-50
2038-70-70
2039-91-90
2040-112-111
2041-133-132
2042-154-153
2043-176-175
2044-198-196
2045-220-218
2046-243-240
2047-265-262
2048-288-284
2049-311-306
2050-333-328
2051-357-350
2052-380-372
2053-403-395
2054-427-417
2055-450-439
2056-474-461
2057-498-483
2058-522-506
2059-547-528
2060-572-551
2061-597-575
2062-623-598
2063-650-622
2064-677-647
2065-705-671
2066-733-696
2067-762-721
2068-791-746
2069-820-771
2070-850-797
2071-880-822
2072-911-848
2073-942-874
2074-974-900
2075-1006-926
2076-1039-953
2077-1074-980
2078-1108-1007
2079-1144-1036
2080-1181-1064
2081-1218-1093
2082-1256-1122
2083-1294-1151
2084-1333-1180
2085-1373-1209
2086-1413-1239
2087-1453-1268
2088-1494-1297
2089-1534-1326
2090-1574-1354
2091-1613-1381
2092-1651-1407
2093-1689-1432
2094-1726-1457
2095-1762-1481
2096-1798-1504
2097-1833-1527
2098-1868-1549
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