Proposed Provision: B3.14. Beginning with those newly eligible for OASDI benefits in 2025, reduce the 15 percent PIA factor by 2 percentage points per year so that it reaches 5 percent for those newly eligible in 2029 and later.
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 | 149 |
2027 | 131 | 131 |
2028 | 114 | 114 |
2029 | 96 | 96 |
2030 | 78 | 78 |
2031 | 60 | 61 |
2032 | 43 | 43 |
2033 | 25 | 26 |
2034 | 7 | 8 |
2035 | -12 | -11 |
2036 | -31 | -29 |
2037 | -51 | -48 |
2038 | -70 | -68 |
2039 | -91 | -87 |
2040 | -112 | -107 |
2041 | -133 | -128 |
2042 | -154 | -148 |
2043 | -176 | -169 |
2044 | -198 | -190 |
2045 | -220 | -211 |
2046 | -243 | -232 |
2047 | -265 | -253 |
2048 | -288 | -274 |
2049 | -311 | -295 |
2050 | -333 | -317 |
2051 | -357 | -338 |
2052 | -380 | -360 |
2053 | -403 | -381 |
2054 | -427 | -403 |
2055 | -450 | -424 |
2056 | -474 | -446 |
2057 | -498 | -468 |
2058 | -522 | -490 |
2059 | -547 | -512 |
2060 | -572 | -535 |
2061 | -597 | -559 |
2062 | -623 | -583 |
2063 | -650 | -607 |
2064 | -677 | -632 |
2065 | -705 | -657 |
2066 | -733 | -683 |
2067 | -762 | -709 |
2068 | -791 | -736 |
2069 | -820 | -763 |
2070 | -850 | -790 |
2071 | -880 | -818 |
2072 | -911 | -846 |
2073 | -942 | -875 |
2074 | -974 | -904 |
2075 | -1006 | -934 |
2076 | -1039 | -964 |
2077 | -1074 | -995 |
2078 | -1108 | -1028 |
2079 | -1144 | -1061 |
2080 | -1181 | -1094 |
2081 | -1218 | -1129 |
2082 | -1256 | -1163 |
2083 | -1294 | -1199 |
2084 | -1333 | -1235 |
2085 | -1373 | -1271 |
2086 | -1413 | -1308 |
2087 | -1453 | -1344 |
2088 | -1494 | -1381 |
2089 | -1534 | -1418 |
2090 | -1574 | -1455 |
2091 | -1613 | -1491 |
2092 | -1651 | -1526 |
2093 | -1689 | -1560 |
2094 | -1726 | -1594 |
2095 | -1762 | -1627 |
2096 | -1798 | -1660 |
2097 | -1833 | -1692 |
2098 | -1868 | -1723 |
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