Proposed Provision: B6.8. Starting in 2025, provide an additional monthly benefit equal to 1/12th of 2 percent of the AWI for the second prior year. This additional benefit would be available to those meeting any of the following four requirements: (a) Social Security beneficiaries who have attained age 82; (b) Social Security beneficiaries who have attained NRA and have both AIME at or below the first PIA bend point ($1,115 for 2023 initial eligibility) and at least 11 "years of coverage" as used for Windfall Elimination Provision purposes (earnings above $29,700 for 2023); (c) Individuals who have received Social Security benefits and/or SSI payments for at least 240 distinct months after attaining age 19; or (d) SSI recipients who have attained the Social Security NRA. This additional benefit would be paid out of the applicable Social Security OASI or DI Trust Fund for any month in which the individual is in receipt of a Social Security benefit; it would be paid out of the General Fund of the Treasury for any month in which the individual is in receipt of an SSI monthly payment but not a Social Security monthly benefit.

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

Year Current Law Provision
2023204204
2024187187
2025168166
2026149146
2027131128
2028114109
20299690
20307872
20316053
20324335
20332516
20347-3
2035-12-23
2036-31-43
2037-51-64
2038-70-85
2039-91-107
2040-112-129
2041-133-152
2042-154-174
2043-176-197
2044-198-221
2045-220-244
2046-243-268
2047-265-292
2048-288-316
2049-311-340
2050-333-365
2051-357-389
2052-380-414
2053-403-439
2054-427-464
2055-450-489
2056-474-514
2057-498-539
2058-522-565
2059-547-591
2060-572-617
2061-597-644
2062-623-672
2063-650-700
2064-677-729
2065-705-758
2066-733-787
2067-762-817
2068-791-848
2069-820-878
2070-850-910
2071-880-941
2072-911-973
2073-942-1006
2074-974-1039
2075-1006-1073
2076-1039-1108
2077-1074-1143
2078-1108-1180
2079-1144-1217
2080-1181-1256
2081-1218-1295
2082-1256-1335
2083-1294-1375
2084-1333-1416
2085-1373-1458
2086-1413-1500
2087-1453-1542
2088-1494-1585
2089-1534-1627
2090-1574-1669
2091-1613-1710
2092-1651-1751
2093-1689-1791
2094-1726-1830
2095-1762-1869
2096-1798-1907
2097-1833-1944
2098-1868-1981
back