Proposed Provision: B3.13. For retired worker beneficiaries newly eligible in 2032 (excluding disabled workers), add a new bend point at the wage-indexed equivalent of the 50th percentile of the AIME distribution minus $100 (for 2015 eligibility) and change the PIA factors to 95/32/15/5. Also move the current-law first bend point from the wage-indexed equivalent of $1,226 in 2025 to $1,559 in 2025. Phase this provision in over 10 years (2032-2041). The phase-in would work on a weighted-average basis: 90% of CL formula + 10% of proposal formula for 2032, 80% of CL formula + 20% of proposal formula for 2033, and so on.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2025 | 169 | 169 |
| 2026 | 149 | 149 |
| 2027 | 131 | 131 |
| 2028 | 113 | 113 |
| 2029 | 95 | 95 |
| 2030 | 78 | 78 |
| 2031 | 60 | 60 |
| 2032 | 43 | 43 |
| 2033 | 26 | 26 |
| 2034 | 9 | 8 |
| 2035 | -9 | -9 |
| 2036 | -27 | -27 |
| 2037 | -45 | -45 |
| 2038 | -63 | -64 |
| 2039 | -83 | -83 |
| 2040 | -102 | -102 |
| 2041 | -122 | -123 |
| 2042 | -143 | -143 |
| 2043 | -164 | -164 |
| 2044 | -185 | -185 |
| 2045 | -206 | -207 |
| 2046 | -228 | -229 |
| 2047 | -250 | -251 |
| 2048 | -272 | -273 |
| 2049 | -295 | -296 |
| 2050 | -317 | -318 |
| 2051 | -340 | -341 |
| 2052 | -363 | -364 |
| 2053 | -386 | -387 |
| 2054 | -409 | -411 |
| 2055 | -433 | -434 |
| 2056 | -457 | -458 |
| 2057 | -481 | -482 |
| 2058 | -505 | -506 |
| 2059 | -530 | -531 |
| 2060 | -556 | -556 |
| 2061 | -582 | -582 |
| 2062 | -609 | -608 |
| 2063 | -636 | -635 |
| 2064 | -664 | -663 |
| 2065 | -692 | -690 |
| 2066 | -721 | -719 |
| 2067 | -750 | -747 |
| 2068 | -780 | -776 |
| 2069 | -810 | -805 |
| 2070 | -840 | -835 |
| 2071 | -871 | -865 |
| 2072 | -903 | -896 |
| 2073 | -935 | -927 |
| 2074 | -967 | -959 |
| 2075 | -1000 | -992 |
| 2076 | -1035 | -1025 |
| 2077 | -1070 | -1060 |
| 2078 | -1106 | -1095 |
| 2079 | -1142 | -1131 |
| 2080 | -1180 | -1168 |
| 2081 | -1219 | -1205 |
| 2082 | -1258 | -1244 |
| 2083 | -1298 | -1283 |
| 2084 | -1338 | -1323 |
| 2085 | -1380 | -1364 |
| 2086 | -1423 | -1406 |
| 2087 | -1466 | -1448 |
| 2088 | -1510 | -1491 |
| 2089 | -1554 | -1534 |
| 2090 | -1599 | -1578 |
| 2091 | -1643 | -1621 |
| 2092 | -1687 | -1664 |
| 2093 | -1731 | -1707 |
| 2094 | -1774 | -1749 |
| 2095 | -1816 | -1790 |
| 2096 | -1858 | -1831 |
| 2097 | -1900 | -1872 |
| 2098 | -1941 | -1912 |
| 2099 | -1982 | -1952 |
| 2100 | -2022 | -1991 |
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