Proposed Provision: B7.5. Increase benefits by 5 percent for all beneficiaries as of the beginning of 2024 and for those newly eligible for benefits after the beginning of 2024.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2023 | 204 | 204 |
2024 | 187 | 178 |
2025 | 168 | 156 |
2026 | 149 | 134 |
2027 | 131 | 113 |
2028 | 114 | 92 |
2029 | 96 | 71 |
2030 | 78 | 50 |
2031 | 60 | 29 |
2032 | 43 | 9 |
2033 | 25 | -12 |
2034 | 7 | -33 |
2035 | -12 | -56 |
2036 | -31 | -78 |
2037 | -51 | -102 |
2038 | -70 | -125 |
2039 | -91 | -150 |
2040 | -112 | -174 |
2041 | -133 | -199 |
2042 | -154 | -225 |
2043 | -176 | -251 |
2044 | -198 | -276 |
2045 | -220 | -303 |
2046 | -243 | -329 |
2047 | -265 | -356 |
2048 | -288 | -382 |
2049 | -311 | -409 |
2050 | -333 | -436 |
2051 | -357 | -463 |
2052 | -380 | -490 |
2053 | -403 | -518 |
2054 | -427 | -545 |
2055 | -450 | -572 |
2056 | -474 | -600 |
2057 | -498 | -628 |
2058 | -522 | -655 |
2059 | -547 | -684 |
2060 | -572 | -712 |
2061 | -597 | -742 |
2062 | -623 | -772 |
2063 | -650 | -802 |
2064 | -677 | -834 |
2065 | -705 | -865 |
2066 | -733 | -897 |
2067 | -762 | -930 |
2068 | -791 | -963 |
2069 | -820 | -997 |
2070 | -850 | -1030 |
2071 | -880 | -1065 |
2072 | -911 | -1100 |
2073 | -942 | -1135 |
2074 | -974 | -1171 |
2075 | -1006 | -1207 |
2076 | -1039 | -1245 |
2077 | -1074 | -1284 |
2078 | -1108 | -1323 |
2079 | -1144 | -1364 |
2080 | -1181 | -1406 |
2081 | -1218 | -1448 |
2082 | -1256 | -1491 |
2083 | -1294 | -1535 |
2084 | -1333 | -1579 |
2085 | -1373 | -1625 |
2086 | -1413 | -1670 |
2087 | -1453 | -1716 |
2088 | -1494 | -1763 |
2089 | -1534 | -1809 |
2090 | -1574 | -1855 |
2091 | -1613 | -1900 |
2092 | -1651 | -1944 |
2093 | -1689 | -1987 |
2094 | -1726 | -2030 |
2095 | -1762 | -2072 |
2096 | -1798 | -2113 |
2097 | -1833 | -2153 |
2098 | -1868 | -2193 |
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