Proposed Provision: B3.9. Beginning with those newly eligible for OASDI benefits in 2034, gradually reduce the 15 percent PIA factor in each year so that it reaches 10 percent for those newly eligible in 2063 and later.

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

Year Current Law Provision
2021253253
2022231231
2023214214
2024196196
2025178178
2026159159
2027141141
2028122122
2029104104
20308585
20316666
20324646
20332727
203477
2035-13-13
2036-33-33
2037-54-54
2038-76-76
2039-97-97
2040-119-119
2041-142-142
2042-165-165
2043-188-188
2044-211-211
2045-235-235
2046-258-258
2047-282-282
2048-306-306
2049-330-330
2050-354-354
2051-378-378
2052-403-403
2053-427-427
2054-452-452
2055-477-477
2056-502-502
2057-527-527
2058-552-552
2059-578-577
2060-604-603
2061-630-629
2062-657-656
2063-684-683
2064-712-710
2065-740-738
2066-768-766
2067-796-795
2068-825-823
2069-855-852
2070-884-882
2071-914-911
2072-945-941
2073-976-972
2074-1007-1003
2075-1039-1034
2076-1071-1066
2077-1105-1099
2078-1139-1133
2079-1175-1168
2080-1211-1204
2081-1248-1240
2082-1286-1277
2083-1324-1314
2084-1363-1352
2085-1403-1391
2086-1443-1430
2087-1483-1469
2088-1524-1509
2089-1564-1549
2090-1604-1587
2091-1643-1625
2092-1681-1662
2093-1718-1697
2094-1754-1732
2095-1789-1767
2096-1825-1801
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