Detailed Single Year Tables
Description of Proposed Provision:
B3.8: Beginning with those newly eligible for OASDI benefits in 2032, create a new bend point at the 50th percentile of the AIME distribution of newly retired workers and gradually reduce all PIA factors except for the 90 percent factor. By 2065: a) the 32 percent PIA factor below the new bend point reduces to 30 percent; b) the 32 percent PIA factor above the new bend point reduces to 10 percent; and c) the 15 percent PIA factor reduces to 5 percent.
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 | 13.27 | -2.88 | 9 | -0.00 | -0.00 | 0.00 | ||
| 2035 | 16.23 | 13.28 | -2.95 | — | -0.01 | -0.00 | 0.01 | ||
| 2036 | 16.31 | 13.29 | -3.03 | — | -0.01 | -0.00 | 0.01 | ||
| 2037 | 16.40 | 13.29 | -3.10 | — | -0.02 | -0.00 | 0.01 | ||
| 2038 | 16.46 | 13.30 | -3.16 | — | -0.02 | -0.00 | 0.02 | ||
| 2039 | 16.52 | 13.31 | -3.21 | — | -0.03 | -0.00 | 0.03 | ||
| 2040 | 16.56 | 13.31 | -3.24 | — | -0.05 | -0.00 | 0.05 | ||
| 2041 | 16.58 | 13.32 | -3.26 | — | -0.07 | -0.00 | 0.06 | ||
| 2042 | 16.59 | 13.32 | -3.27 | — | -0.09 | -0.00 | 0.08 | ||
| 2043 | 16.60 | 13.32 | -3.28 | — | -0.11 | -0.01 | 0.10 | ||
| 2044 | 16.60 | 13.32 | -3.28 | — | -0.14 | -0.01 | 0.13 | ||
| 2045 | 16.60 | 13.33 | -3.28 | — | -0.17 | -0.01 | 0.16 | ||
| 2046 | 16.60 | 13.33 | -3.27 | — | -0.20 | -0.01 | 0.19 | ||
| 2047 | 16.60 | 13.33 | -3.27 | — | -0.24 | -0.01 | 0.23 | ||
| 2048 | 16.60 | 13.33 | -3.26 | — | -0.28 | -0.02 | 0.27 | ||
| 2049 | 16.60 | 13.33 | -3.26 | — | -0.33 | -0.02 | 0.31 | ||
| 2050 | 16.60 | 13.34 | -3.26 | — | -0.37 | -0.02 | 0.35 | ||
| 2051 | 16.60 | 13.34 | -3.26 | — | -0.42 | -0.02 | 0.40 | ||
| 2052 | 16.60 | 13.34 | -3.26 | — | -0.48 | -0.03 | 0.45 | ||
| 2053 | 16.61 | 13.34 | -3.27 | — | -0.53 | -0.03 | 0.50 | ||
| 2054 | 16.62 | 13.34 | -3.28 | — | -0.59 | -0.03 | 0.56 | ||
| 2055 | 16.64 | 13.35 | -3.30 | — | -0.66 | -0.04 | 0.62 | ||
| 2056 | 16.66 | 13.35 | -3.31 | — | -0.72 | -0.04 | 0.68 | ||
| 2057 | 16.69 | 13.35 | -3.33 | — | -0.79 | -0.05 | 0.74 | ||
| 2058 | 16.71 | 13.36 | -3.36 | — | -0.86 | -0.05 | 0.81 | ||
| 2059 | 16.73 | 13.36 | -3.37 | — | -0.93 | -0.06 | 0.87 | ||
| 2060 | 16.74 | 13.36 | -3.38 | — | -1.00 | -0.06 | 0.94 | ||
| 2061 | 16.75 | 13.37 | -3.38 | — | -1.07 | -0.06 | 1.01 | ||
| 2062 | 16.75 | 13.37 | -3.38 | — | -1.15 | -0.07 | 1.08 | ||
| 2063 | 16.74 | 13.37 | -3.37 | — | -1.22 | -0.07 | 1.15 | ||
| 2064 | 16.73 | 13.37 | -3.36 | — | -1.30 | -0.08 | 1.22 | ||
| 2065 | 16.73 | 13.37 | -3.36 | — | -1.37 | -0.08 | 1.29 | ||
| 2066 | 16.72 | 13.37 | -3.35 | — | -1.45 | -0.09 | 1.36 | ||
| 2067 | 16.71 | 13.37 | -3.34 | — | -1.53 | -0.09 | 1.43 | ||
| 2068 | 16.71 | 13.37 | -3.33 | — | -1.60 | -0.10 | 1.50 | ||
| 2069 | 16.70 | 13.37 | -3.33 | — | -1.68 | -0.10 | 1.58 | ||
| 2070 | 16.70 | 13.38 | -3.32 | — | -1.76 | -0.11 | 1.65 | ||
| 2071 | 16.70 | 13.38 | -3.32 | — | -1.83 | -0.11 | 1.72 | ||
| 2072 | 16.70 | 13.38 | -3.32 | — | -1.90 | -0.12 | 1.79 | ||
| 2073 | 16.70 | 13.38 | -3.32 | — | -1.98 | -0.12 | 1.85 | ||
| 2074 | 16.70 | 13.38 | -3.32 | — | -2.04 | -0.13 | 1.92 | ||
| 2075 | 16.69 | 13.38 | -3.31 | — | -2.11 | -0.13 | 1.98 | ||
| 2076 | 16.68 | 13.38 | -3.30 | — | -2.17 | -0.13 | 2.03 | ||
| 2077 | 16.67 | 13.38 | -3.29 | — | -2.23 | -0.14 | 2.09 | ||
| 2078 | 16.65 | 13.38 | -3.27 | — | -2.28 | -0.14 | 2.14 | ||
| 2079 | 16.62 | 13.38 | -3.24 | — | -2.33 | -0.15 | 2.18 | ||
| 2080 | 16.59 | 13.38 | -3.21 | — | -2.37 | -0.15 | 2.22 | ||
| 2081 | 16.55 | 13.38 | -3.17 | — | -2.41 | -0.15 | 2.26 | ||
| 2082 | 16.51 | 13.38 | -3.13 | — | -2.44 | -0.15 | 2.29 | ||
| 2083 | 16.46 | 13.37 | -3.08 | — | -2.48 | -0.16 | 2.32 | ||
| 2084 | 16.40 | 13.37 | -3.03 | — | -2.50 | -0.16 | 2.35 | ||
| 2085 | 16.34 | 13.37 | -2.98 | — | -2.53 | -0.16 | 2.37 | ||
| 2086 | 16.28 | 13.36 | -2.91 | — | -2.55 | -0.16 | 2.39 | ||
| 2087 | 16.20 | 13.36 | -2.84 | — | -2.56 | -0.16 | 2.40 | ||
| 2088 | 16.13 | 13.35 | -2.78 | — | -2.57 | -0.16 | 2.41 | ||
| 2089 | 16.06 | 13.35 | -2.71 | — | -2.58 | -0.16 | 2.42 | ||
| 2090 | 15.99 | 13.35 | -2.64 | — | -2.59 | -0.16 | 2.43 | ||
| 2091 | 15.92 | 13.34 | -2.58 | — | -2.59 | -0.16 | 2.43 | ||
| 2092 | 15.87 | 13.34 | -2.53 | — | -2.60 | -0.16 | 2.43 | ||
| 2093 | 15.82 | 13.33 | -2.48 | — | -2.60 | -0.16 | 2.44 | ||
| 2094 | 15.78 | 13.33 | -2.45 | — | -2.61 | -0.16 | 2.44 | ||
| 2095 | 15.75 | 13.33 | -2.42 | — | -2.61 | -0.16 | 2.45 | ||
| 2096 | 15.73 | 13.33 | -2.40 | — | -2.61 | -0.16 | 2.45 | ||
| 2097 | 15.71 | 13.33 | -2.38 | — | -2.62 | -0.17 | 2.45 | ||
| 2098 | 15.71 | 13.33 | -2.38 | — | -2.62 | -0.17 | 2.46 | ||
| 2099 | 15.71 | 13.33 | -2.38 | — | -2.63 | -0.17 | 2.46 | ||
| 2100 | 15.72 | 13.33 | -2.39 | — | -2.63 | -0.17 | 2.47 | ||
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 | 16.52% | 13.72% | -2.80% | 2034 | -1.09% | -0.07% | 1.03% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
|||||||||
Based on Intermediate Assumptions of the 2025 Trustees Report.