Proposed Provision: B5.5. Beginning for those newly eligible in 2027, reconfigure the special minimum benefit: (a) A year of coverage is defined as a year in which either 20 percent of the "old law maximum" is earned or a child is in care. Childcare years are granted to parents who have a child under 6, with a limit of 8 such years. (b) At implementation, set the PIA for 30 years of coverage equal to 133 percent of the Census monthly poverty level (about $1,667 in 2024). For those with under 30 years of coverage, the PIA per year of coverage over 19 years is $1,667/11 = $151.60. (c) Index the initial 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 |
| 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 | -63 |
| 2039 | -83 | -83 |
| 2040 | -102 | -102 |
| 2041 | -122 | -122 |
| 2042 | -143 | -143 |
| 2043 | -164 | -164 |
| 2044 | -185 | -185 |
| 2045 | -206 | -207 |
| 2046 | -228 | -228 |
| 2047 | -250 | -250 |
| 2048 | -272 | -272 |
| 2049 | -295 | -295 |
| 2050 | -317 | -317 |
| 2051 | -340 | -340 |
| 2052 | -363 | -363 |
| 2053 | -386 | -386 |
| 2054 | -409 | -410 |
| 2055 | -433 | -433 |
| 2056 | -457 | -457 |
| 2057 | -481 | -481 |
| 2058 | -505 | -505 |
| 2059 | -530 | -531 |
| 2060 | -556 | -556 |
| 2061 | -582 | -582 |
| 2062 | -609 | -609 |
| 2063 | -636 | -637 |
| 2064 | -664 | -664 |
| 2065 | -692 | -693 |
| 2066 | -721 | -721 |
| 2067 | -750 | -751 |
| 2068 | -780 | -780 |
| 2069 | -810 | -810 |
| 2070 | -840 | -841 |
| 2071 | -871 | -872 |
| 2072 | -903 | -903 |
| 2073 | -935 | -935 |
| 2074 | -967 | -968 |
| 2075 | -1000 | -1001 |
| 2076 | -1035 | -1035 |
| 2077 | -1070 | -1070 |
| 2078 | -1106 | -1106 |
| 2079 | -1142 | -1143 |
| 2080 | -1180 | -1181 |
| 2081 | -1219 | -1219 |
| 2082 | -1258 | -1258 |
| 2083 | -1298 | -1298 |
| 2084 | -1338 | -1339 |
| 2085 | -1380 | -1381 |
| 2086 | -1423 | -1424 |
| 2087 | -1466 | -1467 |
| 2088 | -1510 | -1511 |
| 2089 | -1554 | -1555 |
| 2090 | -1599 | -1600 |
| 2091 | -1643 | -1644 |
| 2092 | -1687 | -1688 |
| 2093 | -1731 | -1732 |
| 2094 | -1774 | -1775 |
| 2095 | -1816 | -1817 |
| 2096 | -1858 | -1859 |
| 2097 | -1900 | -1901 |
| 2098 | -1941 | -1942 |
| 2099 | -1982 | -1983 |
| 2100 | -2022 | -2023 |
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