Proposed Provision: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 38, phased in over the years 2015-2019.
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 | 263 |
2019 | 248 | 249 |
2020 | 233 | 234 |
2021 | 219 | 220 |
2022 | 203 | 205 |
2023 | 187 | 190 |
2024 | 171 | 174 |
2025 | 154 | 158 |
2026 | 137 | 142 |
2027 | 119 | 125 |
2028 | 101 | 108 |
2029 | 83 | 91 |
2030 | 64 | 72 |
2031 | 44 | 54 |
2032 | 23 | 34 |
2033 | 2 | 14 |
2034 | -20 | -6 |
2035 | -42 | -27 |
2036 | -65 | -49 |
2037 | -88 | -70 |
2038 | -112 | -93 |
2039 | -136 | -115 |
2040 | -160 | -138 |
2041 | -185 | -160 |
2042 | -210 | -183 |
2043 | -235 | -207 |
2044 | -260 | -230 |
2045 | -285 | -253 |
2046 | -310 | -276 |
2047 | -336 | -300 |
2048 | -362 | -324 |
2049 | -388 | -348 |
2050 | -415 | -373 |
2051 | -442 | -397 |
2052 | -468 | -422 |
2053 | -495 | -446 |
2054 | -523 | -471 |
2055 | -550 | -497 |
2056 | -578 | -522 |
2057 | -606 | -548 |
2058 | -635 | -575 |
2059 | -664 | -602 |
2060 | -694 | -629 |
2061 | -725 | -657 |
2062 | -756 | -686 |
2063 | -787 | -715 |
2064 | -819 | -744 |
2065 | -852 | -774 |
2066 | -885 | -804 |
2067 | -918 | -835 |
2068 | -952 | -867 |
2069 | -987 | -899 |
2070 | -1022 | -931 |
2071 | -1057 | -964 |
2072 | -1094 | -998 |
2073 | -1132 | -1033 |
2074 | -1171 | -1069 |
2075 | -1210 | -1106 |
2076 | -1251 | -1143 |
2077 | -1293 | -1182 |
2078 | -1335 | -1221 |
2079 | -1378 | -1261 |
2080 | -1421 | -1300 |
2081 | -1464 | -1340 |
2082 | -1507 | -1380 |
2083 | -1550 | -1420 |
2084 | -1593 | -1460 |
2085 | -1636 | -1500 |
2086 | -1680 | -1541 |
2087 | -1724 | -1582 |
2088 | -1769 | -1623 |
2089 | -1814 | -1665 |
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