Detailed Single Year Tables
Description of Proposed Provision:
B1.5: Progressive price indexing (60th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2033: Create a new bend point at the 60th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 60th percentile and below. Reduce the 32 and 15 percent factors above the 60th 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 | 15.77 | 13.16 | -2.60 | — | -0.00 | -0.00 | 0.00 | ||
| 2036 | 15.85 | 13.17 | -2.68 | — | -0.01 | -0.00 | 0.01 | ||
| 2037 | 15.94 | 13.18 | -2.76 | — | -0.01 | -0.00 | 0.01 | ||
| 2038 | 16.03 | 13.19 | -2.84 | — | -0.02 | -0.00 | 0.02 | ||
| 2039 | 16.10 | 13.19 | -2.91 | — | -0.03 | -0.00 | 0.03 | ||
| 2040 | 16.16 | 13.20 | -2.96 | — | -0.04 | -0.00 | 0.04 | ||
| 2041 | 16.21 | 13.20 | -3.01 | — | -0.06 | -0.00 | 0.06 | ||
| 2042 | 16.26 | 13.20 | -3.06 | — | -0.08 | -0.00 | 0.08 | ||
| 2043 | 16.31 | 13.21 | -3.10 | — | -0.11 | -0.01 | 0.10 | ||
| 2044 | 16.36 | 13.21 | -3.15 | — | -0.14 | -0.01 | 0.13 | ||
| 2045 | 16.41 | 13.21 | -3.19 | — | -0.17 | -0.01 | 0.16 | ||
| 2046 | 16.44 | 13.22 | -3.22 | — | -0.20 | -0.01 | 0.19 | ||
| 2047 | 16.46 | 13.22 | -3.24 | — | -0.24 | -0.01 | 0.23 | ||
| 2048 | 16.49 | 13.22 | -3.27 | — | -0.28 | -0.01 | 0.26 | ||
| 2049 | 16.53 | 13.23 | -3.30 | — | -0.32 | -0.02 | 0.30 | ||
| 2050 | 16.56 | 13.23 | -3.34 | — | -0.37 | -0.02 | 0.35 | ||
| 2051 | 16.61 | 13.23 | -3.38 | — | -0.41 | -0.02 | 0.39 | ||
| 2052 | 16.66 | 13.24 | -3.43 | — | -0.46 | -0.02 | 0.44 | ||
| 2053 | 16.72 | 13.24 | -3.48 | — | -0.51 | -0.03 | 0.49 | ||
| 2054 | 16.78 | 13.24 | -3.54 | — | -0.57 | -0.03 | 0.54 | ||
| 2055 | 16.85 | 13.25 | -3.60 | — | -0.63 | -0.03 | 0.59 | ||
| 2056 | 16.92 | 13.25 | -3.67 | — | -0.69 | -0.04 | 0.65 | ||
| 2057 | 17.00 | 13.26 | -3.74 | — | -0.75 | -0.04 | 0.71 | ||
| 2058 | 17.07 | 13.26 | -3.81 | — | -0.81 | -0.04 | 0.76 | ||
| 2059 | 17.14 | 13.27 | -3.88 | — | -0.87 | -0.05 | 0.82 | ||
| 2060 | 17.21 | 13.27 | -3.94 | — | -0.93 | -0.05 | 0.88 | ||
| 2061 | 17.28 | 13.28 | -4.00 | — | -0.99 | -0.05 | 0.94 | ||
| 2062 | 17.34 | 13.28 | -4.06 | — | -1.06 | -0.06 | 1.00 | ||
| 2063 | 17.40 | 13.29 | -4.11 | — | -1.12 | -0.06 | 1.06 | ||
| 2064 | 17.45 | 13.29 | -4.16 | — | -1.18 | -0.06 | 1.12 | ||
| 2065 | 17.50 | 13.29 | -4.20 | — | -1.24 | -0.07 | 1.18 | ||
| 2066 | 17.55 | 13.30 | -4.25 | — | -1.31 | -0.07 | 1.24 | ||
| 2067 | 17.60 | 13.30 | -4.30 | — | -1.37 | -0.07 | 1.29 | ||
| 2068 | 17.66 | 13.31 | -4.35 | — | -1.43 | -0.08 | 1.35 | ||
| 2069 | 17.71 | 13.31 | -4.40 | — | -1.49 | -0.08 | 1.41 | ||
| 2070 | 17.77 | 13.31 | -4.45 | — | -1.56 | -0.08 | 1.47 | ||
| 2071 | 17.82 | 13.32 | -4.51 | — | -1.62 | -0.09 | 1.53 | ||
| 2072 | 17.88 | 13.32 | -4.56 | — | -1.68 | -0.09 | 1.59 | ||
| 2073 | 17.94 | 13.33 | -4.61 | — | -1.74 | -0.10 | 1.65 | ||
| 2074 | 17.99 | 13.33 | -4.66 | — | -1.81 | -0.10 | 1.71 | ||
| 2075 | 18.03 | 13.33 | -4.70 | — | -1.87 | -0.10 | 1.76 | ||
| 2076 | 18.07 | 13.34 | -4.74 | — | -1.92 | -0.11 | 1.82 | ||
| 2077 | 18.11 | 13.34 | -4.77 | — | -1.98 | -0.11 | 1.87 | ||
| 2078 | 18.13 | 13.34 | -4.79 | — | -2.03 | -0.11 | 1.92 | ||
| 2079 | 18.15 | 13.34 | -4.81 | — | -2.08 | -0.11 | 1.96 | ||
| 2080 | 18.17 | 13.34 | -4.82 | — | -2.12 | -0.12 | 2.01 | ||
| 2081 | 18.18 | 13.35 | -4.83 | — | -2.17 | -0.12 | 2.05 | ||
| 2082 | 18.18 | 13.35 | -4.83 | — | -2.21 | -0.12 | 2.08 | ||
| 2083 | 18.18 | 13.35 | -4.83 | — | -2.24 | -0.12 | 2.12 | ||
| 2084 | 18.17 | 13.35 | -4.82 | — | -2.28 | -0.13 | 2.15 | ||
| 2085 | 18.15 | 13.35 | -4.80 | — | -2.30 | -0.13 | 2.18 | ||
| 2086 | 18.12 | 13.35 | -4.77 | — | -2.33 | -0.13 | 2.20 | ||
| 2087 | 18.08 | 13.34 | -4.74 | — | -2.35 | -0.13 | 2.22 | ||
| 2088 | 18.04 | 13.34 | -4.70 | — | -2.37 | -0.13 | 2.24 | ||
| 2089 | 18.00 | 13.34 | -4.66 | — | -2.39 | -0.13 | 2.26 | ||
| 2090 | 17.94 | 13.34 | -4.61 | — | -2.40 | -0.13 | 2.27 | ||
| 2091 | 17.89 | 13.33 | -4.56 | — | -2.42 | -0.13 | 2.28 | ||
| 2092 | 17.84 | 13.33 | -4.51 | — | -2.43 | -0.13 | 2.29 | ||
| 2093 | 17.79 | 13.33 | -4.47 | — | -2.43 | -0.13 | 2.30 | ||
| 2094 | 17.75 | 13.33 | -4.42 | — | -2.44 | -0.14 | 2.30 | ||
| 2095 | 17.70 | 13.32 | -4.38 | — | -2.45 | -0.14 | 2.31 | ||
| 2096 | 17.66 | 13.32 | -4.34 | — | -2.45 | -0.14 | 2.31 | ||
| 2097 | 17.63 | 13.32 | -4.31 | — | -2.45 | -0.14 | 2.32 | ||
| 2098 | 17.60 | 13.32 | -4.28 | — | -2.46 | -0.14 | 2.32 | ||
| 2099 | 17.58 | 13.32 | -4.26 | — | -2.46 | -0.14 | 2.32 | ||
| 2100 | 17.56 | 13.32 | -4.24 | — | -2.46 | -0.14 | 2.33 | ||
| 2101 | 17.55 | 13.31 | -4.24 | — | -2.47 | -0.14 | 2.33 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 17.11% | 13.62% | -3.48% | 2034 | -1.00% | -0.05% | 0.94% | ||
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.