Proposed Provision: B1.4. Progressive price indexing (50th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2032: Create a new bend point at the 50th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 50th percentile and below. Reduce the 32 and 15 percent factors above the 50th 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
2044-185-184
2045-206-205
2046-228-226
2047-250-248
2048-272-269
2049-295-291
2050-317-313
2051-340-335
2052-363-357
2053-386-379
2054-409-401
2055-433-423
2056-457-445
2057-481-468
2058-505-490
2059-530-513
2060-556-537
2061-582-561
2062-609-585
2063-636-609
2064-664-634
2065-692-659
2066-721-685
2067-750-710
2068-780-736
2069-810-762
2070-840-788
2071-871-815
2072-903-842
2073-935-869
2074-967-897
2075-1000-925
2076-1035-954
2077-1070-983
2078-1106-1013
2079-1142-1044
2080-1180-1075
2081-1219-1107
2082-1258-1140
2083-1298-1172
2084-1338-1206
2085-1380-1240
2086-1423-1274
2087-1466-1309
2088-1510-1344
2089-1554-1378
2090-1599-1413
2091-1643-1447
2092-1687-1480
2093-1731-1512
2094-1774-1544
2095-1816-1575
2096-1858-1605
2097-1900-1634
2098-1941-1663
2099-1982-1690
2100-2022-1717
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