Proposed Provision: B1.4. Progressive price indexing (50th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2033: 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
2026151151
2027131131
2028111111
20299292
20307474
20315757
20324040
20332323
203477
2035-9-9
2036-25-25
2037-41-41
2038-58-58
2039-76-76
2040-94-94
2041-112-112
2042-132-131
2043-151-150
2044-171-170
2045-192-190
2046-213-211
2047-234-232
2048-256-254
2049-279-275
2050-301-297
2051-324-319
2052-347-341
2053-371-364
2054-395-386
2055-420-410
2056-445-433
2057-470-457
2058-496-481
2059-522-505
2060-550-530
2061-578-556
2062-607-582
2063-636-609
2064-666-636
2065-697-664
2066-729-693
2067-761-721
2068-794-750
2069-827-780
2070-861-810
2071-896-841
2072-931-872
2073-967-904
2074-1004-936
2075-1042-969
2076-1081-1003
2077-1121-1038
2078-1162-1074
2079-1204-1111
2080-1248-1149
2081-1292-1187
2082-1337-1227
2083-1384-1267
2084-1431-1307
2085-1480-1349
2086-1530-1392
2087-1581-1436
2088-1633-1480
2089-1686-1525
2090-1740-1570
2091-1795-1616
2092-1850-1661
2093-1906-1707
2094-1962-1753
2095-2019-1798
2096-2075-1844
2097-2132-1889
2098-2189-1934
2099-2246-1979
2100-2303-2023
2101-2359-2066
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