Detailed Single Year Tables
Description of Proposed Provision:
B3.17: Increase the current-law first bend point by 22 percent and increase the 90 percent PIA factor to 95 percent for all beneficiaries eligible for benefits as of January 2026 and for those newly eligible for benefits after 2025. This provision will result in an approximate $241 increase in PIA for most workers newly eligible for retirement or disability benefits in 2026.
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 | 16.70 | 13.10 | -3.60 | 137 | 1.41 | 0.06 | -1.35 | ||
| 2027 | 16.91 | 13.15 | -3.76 | 112 | 1.43 | 0.07 | -1.36 | ||
| 2028 | 17.02 | 13.18 | -3.85 | 88 | 1.44 | 0.07 | -1.37 | ||
| 2029 | 17.14 | 13.20 | -3.93 | 65 | 1.45 | 0.07 | -1.38 | ||
| 2030 | 17.25 | 13.23 | -4.02 | 41 | 1.45 | 0.07 | -1.38 | ||
| 2031 | 17.38 | 13.26 | -4.12 | 18 | 1.46 | 0.07 | -1.39 | ||
| 2032 | 17.47 | 13.28 | -4.20 | — | 1.47 | 0.08 | -1.40 | ||
| 2033 | 17.55 | 13.32 | -4.23 | — | 1.48 | 0.08 | -1.40 | ||
| 2034 | 17.63 | 13.35 | -4.29 | — | 1.49 | 0.08 | -1.41 | ||
| 2035 | 17.72 | 13.36 | -4.37 | — | 1.49 | 0.08 | -1.41 | ||
| 2036 | 17.83 | 13.37 | -4.46 | — | 1.50 | 0.08 | -1.42 | ||
| 2037 | 17.92 | 13.38 | -4.55 | — | 1.51 | 0.08 | -1.43 | ||
| 2038 | 18.01 | 13.39 | -4.62 | — | 1.52 | 0.08 | -1.43 | ||
| 2039 | 18.08 | 13.39 | -4.68 | — | 1.52 | 0.08 | -1.44 | ||
| 2040 | 18.13 | 13.40 | -4.73 | — | 1.53 | 0.09 | -1.44 | ||
| 2041 | 18.18 | 13.41 | -4.77 | — | 1.53 | 0.09 | -1.45 | ||
| 2042 | 18.21 | 13.41 | -4.80 | — | 1.54 | 0.09 | -1.45 | ||
| 2043 | 18.25 | 13.41 | -4.84 | — | 1.54 | 0.09 | -1.45 | ||
| 2044 | 18.29 | 13.42 | -4.87 | — | 1.54 | 0.09 | -1.46 | ||
| 2045 | 18.32 | 13.42 | -4.90 | — | 1.55 | 0.09 | -1.46 | ||
| 2046 | 18.35 | 13.43 | -4.93 | — | 1.55 | 0.09 | -1.46 | ||
| 2047 | 18.39 | 13.43 | -4.96 | — | 1.56 | 0.09 | -1.47 | ||
| 2048 | 18.44 | 13.44 | -5.00 | — | 1.56 | 0.09 | -1.47 | ||
| 2049 | 18.49 | 13.44 | -5.05 | — | 1.56 | 0.09 | -1.48 | ||
| 2050 | 18.54 | 13.45 | -5.09 | — | 1.57 | 0.09 | -1.48 | ||
| 2051 | 18.59 | 13.45 | -5.14 | — | 1.57 | 0.09 | -1.48 | ||
| 2052 | 18.66 | 13.46 | -5.20 | — | 1.58 | 0.09 | -1.49 | ||
| 2053 | 18.73 | 13.46 | -5.27 | — | 1.59 | 0.09 | -1.50 | ||
| 2054 | 18.81 | 13.47 | -5.34 | — | 1.59 | 0.09 | -1.50 | ||
| 2055 | 18.90 | 13.48 | -5.42 | — | 1.60 | 0.09 | -1.51 | ||
| 2056 | 18.99 | 13.49 | -5.51 | — | 1.61 | 0.09 | -1.52 | ||
| 2057 | 19.09 | 13.49 | -5.60 | — | 1.62 | 0.09 | -1.52 | ||
| 2058 | 19.20 | 13.50 | -5.69 | — | 1.62 | 0.09 | -1.53 | ||
| 2059 | 19.29 | 13.51 | -5.78 | — | 1.63 | 0.09 | -1.54 | ||
| 2060 | 19.38 | 13.52 | -5.86 | — | 1.64 | 0.10 | -1.55 | ||
| 2061 | 19.47 | 13.53 | -5.94 | — | 1.65 | 0.10 | -1.55 | ||
| 2062 | 19.55 | 13.53 | -6.01 | — | 1.65 | 0.10 | -1.56 | ||
| 2063 | 19.62 | 13.54 | -6.08 | — | 1.66 | 0.10 | -1.56 | ||
| 2064 | 19.70 | 13.55 | -6.15 | — | 1.67 | 0.10 | -1.57 | ||
| 2065 | 19.77 | 13.55 | -6.22 | — | 1.67 | 0.10 | -1.57 | ||
| 2066 | 19.85 | 13.56 | -6.29 | — | 1.68 | 0.10 | -1.58 | ||
| 2067 | 19.92 | 13.56 | -6.36 | — | 1.69 | 0.10 | -1.59 | ||
| 2068 | 20.00 | 13.57 | -6.43 | — | 1.69 | 0.10 | -1.59 | ||
| 2069 | 20.08 | 13.58 | -6.50 | — | 1.70 | 0.10 | -1.60 | ||
| 2070 | 20.16 | 13.58 | -6.58 | — | 1.71 | 0.10 | -1.60 | ||
| 2071 | 20.24 | 13.59 | -6.65 | — | 1.71 | 0.10 | -1.61 | ||
| 2072 | 20.32 | 13.60 | -6.72 | — | 1.72 | 0.10 | -1.62 | ||
| 2073 | 20.40 | 13.60 | -6.79 | — | 1.72 | 0.10 | -1.62 | ||
| 2074 | 20.47 | 13.61 | -6.86 | — | 1.73 | 0.10 | -1.63 | ||
| 2075 | 20.54 | 13.62 | -6.92 | — | 1.74 | 0.10 | -1.63 | ||
| 2076 | 20.59 | 13.62 | -6.97 | — | 1.74 | 0.10 | -1.64 | ||
| 2077 | 20.64 | 13.62 | -7.01 | — | 1.74 | 0.10 | -1.64 | ||
| 2078 | 20.67 | 13.63 | -7.05 | — | 1.75 | 0.10 | -1.64 | ||
| 2079 | 20.69 | 13.63 | -7.06 | — | 1.75 | 0.10 | -1.64 | ||
| 2080 | 20.71 | 13.63 | -7.07 | — | 1.75 | 0.10 | -1.65 | ||
| 2081 | 20.71 | 13.63 | -7.07 | — | 1.75 | 0.10 | -1.65 | ||
| 2082 | 20.70 | 13.63 | -7.07 | — | 1.75 | 0.10 | -1.64 | ||
| 2083 | 20.68 | 13.63 | -7.05 | — | 1.75 | 0.10 | -1.64 | ||
| 2084 | 20.65 | 13.63 | -7.02 | — | 1.75 | 0.10 | -1.64 | ||
| 2085 | 20.61 | 13.63 | -6.98 | — | 1.74 | 0.10 | -1.64 | ||
| 2086 | 20.56 | 13.63 | -6.93 | — | 1.74 | 0.10 | -1.63 | ||
| 2087 | 20.50 | 13.62 | -6.87 | — | 1.73 | 0.10 | -1.63 | ||
| 2088 | 20.43 | 13.62 | -6.81 | — | 1.73 | 0.10 | -1.62 | ||
| 2089 | 20.36 | 13.62 | -6.75 | — | 1.72 | 0.10 | -1.62 | ||
| 2090 | 20.29 | 13.61 | -6.68 | — | 1.72 | 0.10 | -1.61 | ||
| 2091 | 20.23 | 13.61 | -6.62 | — | 1.71 | 0.10 | -1.61 | ||
| 2092 | 20.17 | 13.60 | -6.57 | — | 1.71 | 0.10 | -1.60 | ||
| 2093 | 20.12 | 13.60 | -6.52 | — | 1.70 | 0.10 | -1.60 | ||
| 2094 | 20.08 | 13.60 | -6.49 | — | 1.70 | 0.10 | -1.60 | ||
| 2095 | 20.06 | 13.60 | -6.46 | — | 1.70 | 0.10 | -1.60 | ||
| 2096 | 20.04 | 13.60 | -6.44 | — | 1.70 | 0.10 | -1.59 | ||
| 2097 | 20.03 | 13.60 | -6.43 | — | 1.70 | 0.10 | -1.59 | ||
| 2098 | 20.02 | 13.60 | -6.43 | — | 1.70 | 0.10 | -1.59 | ||
| 2099 | 20.03 | 13.60 | -6.44 | — | 1.70 | 0.10 | -1.59 | ||
| 2100 | 20.05 | 13.60 | -6.45 | — | 1.70 | 0.10 | -1.60 | ||
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 | 19.22% | 13.88% | -5.34% | 2031 | 1.60% | 0.09% | -1.51% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
|||||||||
Based on Intermediate Assumptions of the 2025 Trustees Report.