Detailed Single Year Tables
Description of Proposed Provision:
B3.13: For retired worker beneficiaries newly eligible in 2033 (excluding disabled workers), add a new bend point at the wage-indexed equivalent of the 50th percentile of the AIME distribution minus $100 (for 2015 eligibility) and change the PIA factors to 95/32/15/5. Also move the current-law first bend point from the wage-indexed equivalent of $1,286 in 2026 to $1,634 in 2026. Phase this provision in over 10 years (2033-2042). The phase-in would work on a weighted-average basis: 90% of CL formula + 10% of proposal formula for 2033, 80% of CL formula + 20% of proposal formula for 2034, and so on.
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 | -2.61 | — | 0.00 | 0.00 | -0.00 | ||
| 2036 | 15.86 | 13.17 | -2.69 | — | 0.00 | 0.00 | -0.00 | ||
| 2037 | 15.96 | 13.18 | -2.78 | — | 0.01 | 0.00 | -0.01 | ||
| 2038 | 16.05 | 13.19 | -2.87 | — | 0.01 | 0.00 | -0.01 | ||
| 2039 | 16.14 | 13.19 | -2.95 | — | 0.01 | 0.00 | -0.01 | ||
| 2040 | 16.22 | 13.20 | -3.02 | — | 0.01 | 0.00 | -0.01 | ||
| 2041 | 16.29 | 13.20 | -3.08 | — | 0.01 | 0.00 | -0.01 | ||
| 2042 | 16.35 | 13.21 | -3.14 | — | 0.01 | 0.00 | -0.01 | ||
| 2043 | 16.42 | 13.21 | -3.21 | — | 0.01 | 0.00 | -0.01 | ||
| 2044 | 16.50 | 13.22 | -3.28 | — | 0.00 | 0.00 | -0.00 | ||
| 2045 | 16.57 | 13.22 | -3.35 | — | -0.00 | -0.00 | 0.00 | ||
| 2046 | 16.63 | 13.23 | -3.40 | — | -0.01 | -0.00 | 0.01 | ||
| 2047 | 16.68 | 13.23 | -3.45 | — | -0.02 | -0.00 | 0.02 | ||
| 2048 | 16.74 | 13.23 | -3.51 | — | -0.03 | -0.00 | 0.03 | ||
| 2049 | 16.81 | 13.24 | -3.57 | — | -0.04 | -0.00 | 0.04 | ||
| 2050 | 16.87 | 13.24 | -3.63 | — | -0.05 | -0.00 | 0.05 | ||
| 2051 | 16.95 | 13.25 | -3.70 | — | -0.07 | -0.00 | 0.06 | ||
| 2052 | 17.04 | 13.25 | -3.79 | — | -0.08 | -0.00 | 0.08 | ||
| 2053 | 17.14 | 13.26 | -3.88 | — | -0.10 | -0.01 | 0.09 | ||
| 2054 | 17.24 | 13.27 | -3.97 | — | -0.11 | -0.01 | 0.10 | ||
| 2055 | 17.35 | 13.27 | -4.08 | — | -0.12 | -0.01 | 0.12 | ||
| 2056 | 17.47 | 13.28 | -4.19 | — | -0.14 | -0.01 | 0.13 | ||
| 2057 | 17.59 | 13.29 | -4.30 | — | -0.15 | -0.01 | 0.14 | ||
| 2058 | 17.71 | 13.30 | -4.42 | — | -0.17 | -0.01 | 0.16 | ||
| 2059 | 17.84 | 13.31 | -4.53 | — | -0.18 | -0.01 | 0.17 | ||
| 2060 | 17.96 | 13.31 | -4.64 | — | -0.19 | -0.01 | 0.18 | ||
| 2061 | 18.07 | 13.32 | -4.75 | — | -0.20 | -0.01 | 0.19 | ||
| 2062 | 18.18 | 13.33 | -4.85 | — | -0.21 | -0.01 | 0.20 | ||
| 2063 | 18.29 | 13.33 | -4.95 | — | -0.23 | -0.01 | 0.21 | ||
| 2064 | 18.39 | 13.34 | -5.05 | — | -0.23 | -0.01 | 0.22 | ||
| 2065 | 18.50 | 13.35 | -5.15 | — | -0.24 | -0.01 | 0.23 | ||
| 2066 | 18.61 | 13.36 | -5.25 | — | -0.25 | -0.01 | 0.24 | ||
| 2067 | 18.71 | 13.36 | -5.35 | — | -0.26 | -0.01 | 0.24 | ||
| 2068 | 18.82 | 13.37 | -5.45 | — | -0.26 | -0.01 | 0.25 | ||
| 2069 | 18.93 | 13.38 | -5.56 | — | -0.27 | -0.02 | 0.26 | ||
| 2070 | 19.05 | 13.38 | -5.67 | — | -0.28 | -0.02 | 0.26 | ||
| 2071 | 19.16 | 13.39 | -5.77 | — | -0.28 | -0.02 | 0.27 | ||
| 2072 | 19.28 | 13.40 | -5.88 | — | -0.29 | -0.02 | 0.27 | ||
| 2073 | 19.39 | 13.41 | -5.98 | — | -0.29 | -0.02 | 0.27 | ||
| 2074 | 19.50 | 13.41 | -6.09 | — | -0.29 | -0.02 | 0.28 | ||
| 2075 | 19.60 | 13.42 | -6.18 | — | -0.30 | -0.02 | 0.28 | ||
| 2076 | 19.70 | 13.43 | -6.27 | — | -0.30 | -0.02 | 0.28 | ||
| 2077 | 19.78 | 13.43 | -6.35 | — | -0.30 | -0.02 | 0.29 | ||
| 2078 | 19.86 | 13.44 | -6.42 | — | -0.31 | -0.02 | 0.29 | ||
| 2079 | 19.92 | 13.44 | -6.48 | — | -0.31 | -0.02 | 0.29 | ||
| 2080 | 19.98 | 13.44 | -6.54 | — | -0.31 | -0.02 | 0.29 | ||
| 2081 | 20.03 | 13.45 | -6.58 | — | -0.31 | -0.02 | 0.29 | ||
| 2082 | 20.07 | 13.45 | -6.62 | — | -0.31 | -0.02 | 0.29 | ||
| 2083 | 20.10 | 13.45 | -6.65 | — | -0.31 | -0.02 | 0.29 | ||
| 2084 | 20.13 | 13.46 | -6.67 | — | -0.31 | -0.02 | 0.30 | ||
| 2085 | 20.14 | 13.46 | -6.68 | — | -0.31 | -0.02 | 0.30 | ||
| 2086 | 20.13 | 13.46 | -6.68 | — | -0.32 | -0.02 | 0.30 | ||
| 2087 | 20.12 | 13.46 | -6.66 | — | -0.32 | -0.02 | 0.30 | ||
| 2088 | 20.10 | 13.46 | -6.64 | — | -0.32 | -0.02 | 0.30 | ||
| 2089 | 20.07 | 13.45 | -6.61 | — | -0.32 | -0.02 | 0.30 | ||
| 2090 | 20.03 | 13.45 | -6.58 | — | -0.32 | -0.02 | 0.30 | ||
| 2091 | 19.99 | 13.45 | -6.54 | — | -0.32 | -0.02 | 0.30 | ||
| 2092 | 19.95 | 13.45 | -6.50 | — | -0.32 | -0.02 | 0.30 | ||
| 2093 | 19.91 | 13.45 | -6.46 | — | -0.32 | -0.02 | 0.30 | ||
| 2094 | 19.87 | 13.44 | -6.43 | — | -0.32 | -0.02 | 0.30 | ||
| 2095 | 19.83 | 13.44 | -6.39 | — | -0.32 | -0.02 | 0.30 | ||
| 2096 | 19.80 | 13.44 | -6.36 | — | -0.32 | -0.02 | 0.30 | ||
| 2097 | 19.76 | 13.44 | -6.33 | — | -0.32 | -0.02 | 0.30 | ||
| 2098 | 19.74 | 13.44 | -6.30 | — | -0.32 | -0.02 | 0.30 | ||
| 2099 | 19.72 | 13.43 | -6.28 | — | -0.32 | -0.02 | 0.30 | ||
| 2100 | 19.70 | 13.43 | -6.27 | — | -0.32 | -0.02 | 0.30 | ||
| 2101 | 19.70 | 13.43 | -6.26 | — | -0.32 | -0.02 | 0.30 | ||
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 | 17.95% | 13.67% | -4.28% | 2034 | -0.15% | -0.01% | 0.14% | ||
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.