Proposed Provision: Beginning in 2014, 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 poverty level. For those with under 30 years of coverage, the PIA per year of coverage over 19 is 12.09 percent of poverty. (c) Use the 2011 Aged Federal poverty level, increased by the SSA average wage index to 2 years prior to benefit eligibility. (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 Present Law Provision
2012340340
2013329329
2014315315
2015302302
2016290289
2017277277
2018265265
2019253253
2020240239
2021227225
2022212211
2023197195
2024181179
2025164162
2026147144
2027129126
2028110107
20299087
20307066
20314944
20322722
20335-1
2034-18-24
2035-41-48
2036-65-72
2037-89-96
2038-114-121
2039-138-147
2040-163-172
2041-189-198
2042-215-224
2043-240-251
2044-266-277
2045-292-304
2046-319-331
2047-346-359
2048-373-387
2049-400-415
2050-428-443
2051-456-471
2052-484-500
2053-512-529
2054-540-558
2055-569-588
2056-598-617
2057-628-648
2058-657-678
2059-688-710
2060-719-742
2061-750-774
2062-782-807
2063-814-840
2064-847-873
2065-880-907
2066-913-941
2067-946-976
2068-980-1010
2069-1014-1045
2070-1049-1081
2071-1084-1117
2072-1120-1154
2073-1156-1191
2074-1193-1229
2075-1230-1267
2076-1268-1306
2077-1307-1346
2078-1346-1386
2079-1385-1426
2080-1425-1467
2081-1465-1508
2082-1505-1550
2083-1547-1592
2084-1588-1635
2085-1631-1679
2086-1673-1723
2087-1717-1768
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