Proposed Provision: B1.2. Progressive price indexing (30th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2032: Create a new bend point at the 30th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 30th percentile and below. Reduce the 32 and 15 percent factors above the 30th percentile such that the initial benefit for a worker with AIME equal to the taxable maximum grows by inflation rather than the growth in the SSA average wage index.

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

Year Current Law Provision
2025169169
2026149149
2027131131
2028113113
20299595
20307878
20316060
20324343
20332626
203499
2035-9-9
2036-27-27
2037-45-45
2038-63-63
2039-83-82
2040-102-102
2041-122-122
2042-143-142
2043-164-163
2044-185-183
2045-206-204
2046-228-225
2047-250-247
2048-272-268
2049-295-289
2050-317-311
2051-340-332
2052-363-354
2053-386-375
2054-409-397
2055-433-418
2056-457-440
2057-481-461
2058-505-483
2059-530-505
2060-556-527
2061-582-550
2062-609-573
2063-636-596
2064-664-619
2065-692-643
2066-721-666
2067-750-690
2068-780-714
2069-810-738
2070-840-762
2071-871-787
2072-903-811
2073-935-836
2074-967-861
2075-1000-887
2076-1035-913
2077-1070-940
2078-1106-967
2079-1142-994
2080-1180-1022
2081-1219-1051
2082-1258-1079
2083-1298-1108
2084-1338-1138
2085-1380-1168
2086-1423-1198
2087-1466-1228
2088-1510-1259
2089-1554-1289
2090-1599-1319
2091-1643-1348
2092-1687-1377
2093-1731-1405
2094-1774-1432
2095-1816-1459
2096-1858-1484
2097-1900-1509
2098-1941-1533
2099-1982-1557
2100-2022-1579
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