Detailed Single Year Tables
Description of Proposed Provision:
B1.2: Progressive price indexing (30th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2032: Create a new bend point at the 30th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 30th percentile and below. Reduce the 32 and 15 percent factors above the 30th 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.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.29 | 13.03 | -2.25 | 149 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.48 | 13.08 | -2.39 | 131 | 0.00 | 0.00 | 0.00 | ||
| 2028 | 15.59 | 13.11 | -2.48 | 113 | 0.00 | 0.00 | 0.00 | ||
| 2029 | 15.69 | 13.14 | -2.55 | 95 | 0.00 | 0.00 | 0.00 | ||
| 2030 | 15.80 | 13.16 | -2.64 | 78 | 0.00 | 0.00 | 0.00 | ||
| 2031 | 15.91 | 13.18 | -2.73 | 60 | 0.00 | 0.00 | 0.00 | ||
| 2032 | 16.00 | 13.20 | -2.80 | 43 | -0.00 | -0.00 | 0.00 | ||
| 2033 | 16.07 | 13.24 | -2.83 | 26 | -0.00 | -0.00 | 0.00 | ||
| 2034 | 16.14 | 13.26 | -2.87 | 9 | -0.01 | -0.00 | 0.01 | ||
| 2035 | 16.22 | 13.28 | -2.94 | — | -0.01 | -0.00 | 0.01 | ||
| 2036 | 16.30 | 13.28 | -3.02 | — | -0.02 | -0.00 | 0.02 | ||
| 2037 | 16.38 | 13.29 | -3.09 | — | -0.03 | -0.00 | 0.03 | ||
| 2038 | 16.44 | 13.30 | -3.14 | — | -0.05 | -0.00 | 0.05 | ||
| 2039 | 16.48 | 13.31 | -3.18 | — | -0.07 | -0.00 | 0.07 | ||
| 2040 | 16.51 | 13.31 | -3.20 | — | -0.09 | -0.00 | 0.09 | ||
| 2041 | 16.52 | 13.31 | -3.20 | — | -0.13 | -0.01 | 0.12 | ||
| 2042 | 16.51 | 13.32 | -3.20 | — | -0.16 | -0.01 | 0.16 | ||
| 2043 | 16.50 | 13.32 | -3.18 | — | -0.21 | -0.01 | 0.20 | ||
| 2044 | 16.49 | 13.32 | -3.17 | — | -0.26 | -0.01 | 0.24 | ||
| 2045 | 16.47 | 13.32 | -3.15 | — | -0.31 | -0.02 | 0.29 | ||
| 2046 | 16.44 | 13.32 | -3.12 | — | -0.37 | -0.02 | 0.35 | ||
| 2047 | 16.41 | 13.32 | -3.09 | — | -0.43 | -0.02 | 0.40 | ||
| 2048 | 16.38 | 13.32 | -3.06 | — | -0.49 | -0.03 | 0.47 | ||
| 2049 | 16.36 | 13.32 | -3.04 | — | -0.56 | -0.03 | 0.53 | ||
| 2050 | 16.33 | 13.32 | -3.01 | — | -0.64 | -0.04 | 0.60 | ||
| 2051 | 16.31 | 13.32 | -2.99 | — | -0.71 | -0.04 | 0.67 | ||
| 2052 | 16.29 | 13.32 | -2.96 | — | -0.79 | -0.05 | 0.75 | ||
| 2053 | 16.27 | 13.32 | -2.94 | — | -0.88 | -0.05 | 0.83 | ||
| 2054 | 16.25 | 13.32 | -2.93 | — | -0.97 | -0.06 | 0.91 | ||
| 2055 | 16.24 | 13.32 | -2.92 | — | -1.06 | -0.06 | 1.00 | ||
| 2056 | 16.23 | 13.33 | -2.91 | — | -1.15 | -0.07 | 1.08 | ||
| 2057 | 16.23 | 13.33 | -2.90 | — | -1.25 | -0.07 | 1.17 | ||
| 2058 | 16.23 | 13.33 | -2.90 | — | -1.34 | -0.08 | 1.26 | ||
| 2059 | 16.22 | 13.33 | -2.89 | — | -1.44 | -0.09 | 1.35 | ||
| 2060 | 16.21 | 13.33 | -2.88 | — | -1.53 | -0.09 | 1.44 | ||
| 2061 | 16.19 | 13.33 | -2.86 | — | -1.63 | -0.10 | 1.53 | ||
| 2062 | 16.17 | 13.33 | -2.83 | — | -1.73 | -0.10 | 1.62 | ||
| 2063 | 16.14 | 13.33 | -2.81 | — | -1.82 | -0.11 | 1.71 | ||
| 2064 | 16.12 | 13.33 | -2.78 | — | -1.91 | -0.12 | 1.80 | ||
| 2065 | 16.09 | 13.33 | -2.76 | — | -2.01 | -0.12 | 1.89 | ||
| 2066 | 16.07 | 13.33 | -2.73 | — | -2.10 | -0.13 | 1.98 | ||
| 2067 | 16.04 | 13.33 | -2.71 | — | -2.20 | -0.13 | 2.06 | ||
| 2068 | 16.02 | 13.33 | -2.69 | — | -2.29 | -0.14 | 2.15 | ||
| 2069 | 16.00 | 13.33 | -2.67 | — | -2.38 | -0.15 | 2.24 | ||
| 2070 | 15.98 | 13.33 | -2.65 | — | -2.48 | -0.15 | 2.33 | ||
| 2071 | 15.96 | 13.33 | -2.63 | — | -2.57 | -0.16 | 2.41 | ||
| 2072 | 15.94 | 13.33 | -2.60 | — | -2.66 | -0.16 | 2.50 | ||
| 2073 | 15.92 | 13.33 | -2.58 | — | -2.76 | -0.17 | 2.59 | ||
| 2074 | 15.89 | 13.33 | -2.56 | — | -2.85 | -0.18 | 2.67 | ||
| 2075 | 15.86 | 13.33 | -2.53 | — | -2.94 | -0.18 | 2.76 | ||
| 2076 | 15.82 | 13.33 | -2.49 | — | -3.03 | -0.19 | 2.84 | ||
| 2077 | 15.78 | 13.33 | -2.45 | — | -3.11 | -0.19 | 2.92 | ||
| 2078 | 15.73 | 13.33 | -2.40 | — | -3.20 | -0.20 | 3.00 | ||
| 2079 | 15.67 | 13.32 | -2.34 | — | -3.28 | -0.20 | 3.08 | ||
| 2080 | 15.60 | 13.32 | -2.28 | — | -3.36 | -0.21 | 3.15 | ||
| 2081 | 15.52 | 13.32 | -2.21 | — | -3.44 | -0.21 | 3.22 | ||
| 2082 | 15.44 | 13.31 | -2.13 | — | -3.51 | -0.22 | 3.29 | ||
| 2083 | 15.35 | 13.31 | -2.04 | — | -3.58 | -0.22 | 3.36 | ||
| 2084 | 15.26 | 13.30 | -1.95 | — | -3.65 | -0.23 | 3.43 | ||
| 2085 | 15.15 | 13.29 | -1.86 | — | -3.72 | -0.23 | 3.49 | ||
| 2086 | 15.04 | 13.29 | -1.75 | — | -3.78 | -0.24 | 3.55 | ||
| 2087 | 14.92 | 13.28 | -1.64 | — | -3.84 | -0.24 | 3.60 | ||
| 2088 | 14.81 | 13.27 | -1.53 | — | -3.90 | -0.24 | 3.66 | ||
| 2089 | 14.69 | 13.27 | -1.42 | — | -3.95 | -0.25 | 3.71 | ||
| 2090 | 14.57 | 13.26 | -1.31 | — | -4.01 | -0.25 | 3.76 | ||
| 2091 | 14.45 | 13.25 | -1.20 | — | -4.06 | -0.25 | 3.81 | ||
| 2092 | 14.34 | 13.24 | -1.10 | — | -4.12 | -0.26 | 3.86 | ||
| 2093 | 14.24 | 13.24 | -1.01 | — | -4.18 | -0.26 | 3.92 | ||
| 2094 | 14.15 | 13.23 | -0.92 | — | -4.24 | -0.26 | 3.97 | ||
| 2095 | 14.06 | 13.23 | -0.84 | — | -4.30 | -0.27 | 4.03 | ||
| 2096 | 13.98 | 13.22 | -0.76 | — | -4.36 | -0.27 | 4.09 | ||
| 2097 | 13.91 | 13.22 | -0.69 | — | -4.42 | -0.28 | 4.15 | ||
| 2098 | 13.84 | 13.21 | -0.63 | — | -4.49 | -0.28 | 4.21 | ||
| 2099 | 13.78 | 13.21 | -0.57 | — | -4.56 | -0.28 | 4.27 | ||
| 2100 | 13.73 | 13.21 | -0.52 | — | -4.62 | -0.29 | 4.33 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2025-2099 | 15.95% | 13.69% | -2.26% | 2034 | -1.66% | -0.10% | 1.56% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.