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 2033: 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 |
|||
| 2026 | 15.37 | 12.91 | -2.45 | 151 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.62 | 12.85 | -2.77 | 131 | 0.00 | 0.00 | 0.00 | ||
| 2028 | 15.70 | 13.01 | -2.69 | 111 | 0.00 | 0.00 | 0.00 | ||
| 2029 | 15.74 | 13.06 | -2.68 | 92 | 0.00 | 0.00 | 0.00 | ||
| 2030 | 15.74 | 13.07 | -2.67 | 74 | 0.00 | 0.00 | 0.00 | ||
| 2031 | 15.72 | 13.09 | -2.64 | 57 | 0.00 | 0.00 | 0.00 | ||
| 2032 | 15.72 | 13.09 | -2.63 | 40 | 0.00 | 0.00 | 0.00 | ||
| 2033 | 15.72 | 13.13 | -2.59 | 23 | -0.00 | -0.00 | 0.00 | ||
| 2034 | 15.74 | 13.14 | -2.60 | 7 | -0.00 | -0.00 | 0.00 | ||
| 2035 | 15.76 | 13.16 | -2.60 | — | -0.01 | -0.00 | 0.01 | ||
| 2036 | 15.84 | 13.17 | -2.67 | — | -0.01 | -0.00 | 0.01 | ||
| 2037 | 15.93 | 13.18 | -2.75 | — | -0.02 | -0.00 | 0.02 | ||
| 2038 | 16.01 | 13.19 | -2.82 | — | -0.04 | -0.00 | 0.04 | ||
| 2039 | 16.07 | 13.19 | -2.88 | — | -0.06 | -0.00 | 0.06 | ||
| 2040 | 16.12 | 13.19 | -2.92 | — | -0.08 | -0.00 | 0.08 | ||
| 2041 | 16.16 | 13.20 | -2.96 | — | -0.12 | -0.01 | 0.11 | ||
| 2042 | 16.19 | 13.20 | -2.99 | — | -0.15 | -0.01 | 0.15 | ||
| 2043 | 16.21 | 13.20 | -3.01 | — | -0.20 | -0.01 | 0.19 | ||
| 2044 | 16.24 | 13.21 | -3.04 | — | -0.25 | -0.01 | 0.24 | ||
| 2045 | 16.27 | 13.21 | -3.06 | — | -0.30 | -0.01 | 0.29 | ||
| 2046 | 16.28 | 13.21 | -3.07 | — | -0.36 | -0.02 | 0.34 | ||
| 2047 | 16.28 | 13.21 | -3.07 | — | -0.42 | -0.02 | 0.40 | ||
| 2048 | 16.28 | 13.21 | -3.07 | — | -0.49 | -0.02 | 0.47 | ||
| 2049 | 16.28 | 13.21 | -3.07 | — | -0.56 | -0.03 | 0.54 | ||
| 2050 | 16.29 | 13.21 | -3.07 | — | -0.64 | -0.03 | 0.61 | ||
| 2051 | 16.30 | 13.22 | -3.08 | — | -0.72 | -0.04 | 0.69 | ||
| 2052 | 16.32 | 13.22 | -3.10 | — | -0.81 | -0.04 | 0.77 | ||
| 2053 | 16.34 | 13.22 | -3.12 | — | -0.90 | -0.05 | 0.85 | ||
| 2054 | 16.36 | 13.22 | -3.14 | — | -0.99 | -0.05 | 0.94 | ||
| 2055 | 16.39 | 13.23 | -3.17 | — | -1.08 | -0.06 | 1.03 | ||
| 2056 | 16.43 | 13.23 | -3.20 | — | -1.18 | -0.06 | 1.12 | ||
| 2057 | 16.46 | 13.23 | -3.23 | — | -1.28 | -0.07 | 1.22 | ||
| 2058 | 16.49 | 13.23 | -3.26 | — | -1.39 | -0.07 | 1.31 | ||
| 2059 | 16.52 | 13.24 | -3.29 | — | -1.49 | -0.08 | 1.41 | ||
| 2060 | 16.55 | 13.24 | -3.31 | — | -1.60 | -0.08 | 1.51 | ||
| 2061 | 16.57 | 13.24 | -3.33 | — | -1.70 | -0.09 | 1.61 | ||
| 2062 | 16.59 | 13.24 | -3.34 | — | -1.81 | -0.10 | 1.71 | ||
| 2063 | 16.60 | 13.25 | -3.36 | — | -1.91 | -0.10 | 1.81 | ||
| 2064 | 16.61 | 13.25 | -3.37 | — | -2.02 | -0.11 | 1.91 | ||
| 2065 | 16.62 | 13.25 | -3.37 | — | -2.12 | -0.11 | 2.01 | ||
| 2066 | 16.63 | 13.25 | -3.38 | — | -2.22 | -0.12 | 2.11 | ||
| 2067 | 16.64 | 13.25 | -3.39 | — | -2.33 | -0.12 | 2.21 | ||
| 2068 | 16.65 | 13.25 | -3.40 | — | -2.43 | -0.13 | 2.30 | ||
| 2069 | 16.66 | 13.26 | -3.41 | — | -2.54 | -0.14 | 2.40 | ||
| 2070 | 16.68 | 13.26 | -3.42 | — | -2.65 | -0.14 | 2.50 | ||
| 2071 | 16.69 | 13.26 | -3.43 | — | -2.75 | -0.15 | 2.60 | ||
| 2072 | 16.70 | 13.26 | -3.44 | — | -2.86 | -0.15 | 2.70 | ||
| 2073 | 16.71 | 13.26 | -3.45 | — | -2.96 | -0.16 | 2.81 | ||
| 2074 | 16.72 | 13.26 | -3.46 | — | -3.07 | -0.17 | 2.90 | ||
| 2075 | 16.73 | 13.26 | -3.46 | — | -3.17 | -0.17 | 3.00 | ||
| 2076 | 16.72 | 13.27 | -3.45 | — | -3.28 | -0.18 | 3.10 | ||
| 2077 | 16.71 | 13.27 | -3.44 | — | -3.38 | -0.18 | 3.20 | ||
| 2078 | 16.69 | 13.27 | -3.42 | — | -3.48 | -0.19 | 3.29 | ||
| 2079 | 16.66 | 13.26 | -3.39 | — | -3.57 | -0.19 | 3.38 | ||
| 2080 | 16.62 | 13.26 | -3.36 | — | -3.67 | -0.20 | 3.47 | ||
| 2081 | 16.58 | 13.26 | -3.32 | — | -3.76 | -0.20 | 3.56 | ||
| 2082 | 16.53 | 13.26 | -3.27 | — | -3.85 | -0.21 | 3.64 | ||
| 2083 | 16.48 | 13.26 | -3.22 | — | -3.94 | -0.21 | 3.73 | ||
| 2084 | 16.42 | 13.25 | -3.16 | — | -4.02 | -0.22 | 3.81 | ||
| 2085 | 16.34 | 13.25 | -3.09 | — | -4.11 | -0.22 | 3.88 | ||
| 2086 | 16.26 | 13.25 | -3.02 | — | -4.19 | -0.23 | 3.96 | ||
| 2087 | 16.18 | 13.24 | -2.93 | — | -4.26 | -0.23 | 4.03 | ||
| 2088 | 16.08 | 13.24 | -2.84 | — | -4.33 | -0.24 | 4.10 | ||
| 2089 | 15.98 | 13.23 | -2.75 | — | -4.40 | -0.24 | 4.16 | ||
| 2090 | 15.88 | 13.23 | -2.65 | — | -4.47 | -0.24 | 4.23 | ||
| 2091 | 15.77 | 13.22 | -2.55 | — | -4.54 | -0.25 | 4.29 | ||
| 2092 | 15.67 | 13.21 | -2.45 | — | -4.60 | -0.25 | 4.35 | ||
| 2093 | 15.56 | 13.21 | -2.35 | — | -4.67 | -0.25 | 4.41 | ||
| 2094 | 15.46 | 13.20 | -2.25 | — | -4.73 | -0.26 | 4.47 | ||
| 2095 | 15.36 | 13.20 | -2.16 | — | -4.79 | -0.26 | 4.53 | ||
| 2096 | 15.26 | 13.19 | -2.07 | — | -4.86 | -0.26 | 4.59 | ||
| 2097 | 15.16 | 13.19 | -1.98 | — | -4.92 | -0.27 | 4.65 | ||
| 2098 | 15.07 | 13.18 | -1.89 | — | -4.98 | -0.27 | 4.71 | ||
| 2099 | 14.99 | 13.18 | -1.81 | — | -5.05 | -0.28 | 4.77 | ||
| 2100 | 14.91 | 13.17 | -1.73 | — | -5.12 | -0.28 | 4.84 | ||
| 2101 | 14.83 | 13.17 | -1.66 | — | -5.18 | -0.28 | 4.90 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 16.31% | 13.58% | -2.72% | 2034 | -1.80% | -0.09% | 1.70% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2026 Trustees Report.