Proposed Provision: B3.15. Increase the 90 percent PIA formula factor to 91 percent for beneficiaries newly eligible in 2028, 92 percent for those newly eligible in 2029, ..., reaching 95 percent for those newly eligible in 2032 and later.

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

Year Current Law Provision
2023204204
2024187187
2025168168
2026149149
2027131131
2028114114
20299696
20307878
20316060
20324343
20332525
203476
2035-12-12
2036-31-32
2037-51-52
2038-70-72
2039-91-93
2040-112-114
2041-133-136
2042-154-158
2043-176-180
2044-198-203
2045-220-226
2046-243-249
2047-265-272
2048-288-296
2049-311-320
2050-333-344
2051-357-368
2052-380-392
2053-403-417
2054-427-441
2055-450-466
2056-474-491
2057-498-517
2058-522-542
2059-547-568
2060-572-595
2061-597-622
2062-623-650
2063-650-678
2064-677-707
2065-705-736
2066-733-766
2067-762-797
2068-791-827
2069-820-858
2070-850-890
2071-880-922
2072-911-955
2073-942-988
2074-974-1021
2075-1006-1056
2076-1039-1091
2077-1074-1127
2078-1108-1164
2079-1144-1202
2080-1181-1240
2081-1218-1280
2082-1256-1320
2083-1294-1361
2084-1333-1402
2085-1373-1444
2086-1413-1486
2087-1453-1529
2088-1494-1572
2089-1534-1614
2090-1574-1657
2091-1613-1699
2092-1651-1740
2093-1689-1780
2094-1726-1819
2095-1762-1858
2096-1798-1896
2097-1833-1934
2098-1868-1971
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