Proposed Provision: Price indexing of PIA factors beginning with those newly eligible for OASDI benefits in 2021: Reduce factors so that initial benefits grow by inflation rather than by the SSA average wage index.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2014 | 320 | 320 |
2015 | 306 | 306 |
2016 | 292 | 292 |
2017 | 277 | 277 |
2018 | 262 | 262 |
2019 | 248 | 248 |
2020 | 233 | 233 |
2021 | 219 | 219 |
2022 | 203 | 204 |
2023 | 187 | 188 |
2024 | 171 | 172 |
2025 | 154 | 155 |
2026 | 137 | 139 |
2027 | 119 | 122 |
2028 | 101 | 105 |
2029 | 83 | 88 |
2030 | 64 | 70 |
2031 | 44 | 52 |
2032 | 23 | 34 |
2033 | 2 | 15 |
2034 | -20 | -4 |
2035 | -42 | -23 |
2036 | -65 | -43 |
2037 | -88 | -62 |
2038 | -112 | -82 |
2039 | -136 | -101 |
2040 | -160 | -120 |
2041 | -185 | -139 |
2042 | -210 | -158 |
2043 | -235 | -176 |
2044 | -260 | -193 |
2045 | -285 | -211 |
2046 | -310 | -228 |
2047 | -336 | -244 |
2048 | -362 | -260 |
2049 | -388 | -275 |
2050 | -415 | -290 |
2051 | -442 | -304 |
2052 | -468 | -318 |
2053 | -495 | -330 |
2054 | -523 | -342 |
2055 | -550 | -354 |
2056 | -578 | -365 |
2057 | -606 | -375 |
2058 | -635 | -384 |
2059 | -664 | -393 |
2060 | -694 | -401 |
2061 | -725 | -409 |
2062 | -756 | -416 |
2063 | -787 | -423 |
2064 | -819 | -428 |
2065 | -852 | -433 |
2066 | -885 | -438 |
2067 | -918 | -441 |
2068 | -952 | -444 |
2069 | -987 | -446 |
2070 | -1022 | -448 |
2071 | -1057 | -449 |
2072 | -1094 | -449 |
2073 | -1132 | -448 |
2074 | -1171 | -447 |
2075 | -1210 | -444 |
2076 | -1251 | -441 |
2077 | -1293 | -437 |
2078 | -1335 | -432 |
2079 | -1378 | -425 |
2080 | -1421 | -417 |
2081 | -1464 | -408 |
2082 | -1507 | -397 |
2083 | -1550 | -385 |
2084 | -1593 | -372 |
2085 | -1636 | -357 |
2086 | -1680 | -340 |
2087 | -1724 | -323 |
2088 | -1769 | -304 |
2089 | -1814 | -283 |
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