Proposed Provision: B5.4. Beginning for those newly eligible in 2033, reconfigure the special minimum benefit: (a) A year of coverage is defined as a year in which 4 quarters of coverage are earned. (b) At implementation, set the PIA for 30 years of coverage equal to 125 percent of the monthly poverty level (about $1,630 in 2025). For those with under 30 years of coverage, the PIA per year of coverage over 10 years is $1,630/20 = $81.51. (c) From 2024 to the year of implementation, 2033, index the PIA per year of coverage using the chain-CPI index. Then, for later years, index the PIA per year of coverage by wage growth for successive cohorts. (d) Scale work requirements for disabled workers, based on the number of years of non-disabled potential work.

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
2041-112-113
2042-132-132
2043-151-152
2044-171-172
2045-192-192
2046-213-214
2047-234-236
2048-256-258
2049-279-280
2050-301-303
2051-324-326
2052-347-350
2053-371-373
2054-395-398
2055-420-422
2056-445-448
2057-470-473
2058-496-499
2059-522-526
2060-550-554
2061-578-582
2062-607-611
2063-636-641
2064-666-672
2065-697-703
2066-729-735
2067-761-767
2068-794-800
2069-827-834
2070-861-868
2071-896-903
2072-931-939
2073-967-975
2074-1004-1013
2075-1042-1051
2076-1081-1090
2077-1121-1131
2078-1162-1172
2079-1204-1215
2080-1248-1259
2081-1292-1303
2082-1337-1349
2083-1384-1396
2084-1431-1444
2085-1480-1493
2086-1530-1543
2087-1581-1595
2088-1633-1648
2089-1686-1701
2090-1740-1756
2091-1795-1811
2092-1850-1867
2093-1906-1923
2094-1962-1980
2095-2019-2037
2096-2075-2094
2097-2132-2152
2098-2189-2209
2099-2246-2267
2100-2303-2324
2101-2359-2381
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