Detailed Single Year Tables
Description of Proposed Provision:
B4.1: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 38, phased in over the years 2026-2030.
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 | 15.58 | 13.11 | -2.47 | 113 | -0.00 | -0.00 | 0.00 | ||
| 2029 | 15.68 | 13.14 | -2.55 | 95 | -0.01 | -0.00 | 0.01 | ||
| 2030 | 15.78 | 13.16 | -2.63 | 78 | -0.01 | -0.00 | 0.01 | ||
| 2031 | 15.89 | 13.18 | -2.71 | 61 | -0.02 | -0.00 | 0.02 | ||
| 2032 | 15.97 | 13.20 | -2.77 | 43 | -0.03 | -0.00 | 0.03 | ||
| 2033 | 16.02 | 13.24 | -2.78 | 26 | -0.05 | -0.00 | 0.04 | ||
| 2034 | 16.08 | 13.26 | -2.82 | 9 | -0.06 | -0.00 | 0.06 | ||
| 2035 | 16.15 | 13.27 | -2.88 | — | -0.08 | -0.00 | 0.08 | ||
| 2036 | 16.23 | 13.28 | -2.95 | — | -0.10 | -0.01 | 0.09 | ||
| 2037 | 16.30 | 13.29 | -3.01 | — | -0.11 | -0.01 | 0.11 | ||
| 2038 | 16.36 | 13.29 | -3.06 | — | -0.13 | -0.01 | 0.12 | ||
| 2039 | 16.40 | 13.30 | -3.10 | — | -0.15 | -0.01 | 0.14 | ||
| 2040 | 16.44 | 13.31 | -3.13 | — | -0.17 | -0.01 | 0.16 | ||
| 2041 | 16.46 | 13.31 | -3.15 | — | -0.18 | -0.01 | 0.17 | ||
| 2042 | 16.48 | 13.31 | -3.17 | — | -0.20 | -0.01 | 0.19 | ||
| 2043 | 16.50 | 13.31 | -3.18 | — | -0.21 | -0.01 | 0.20 | ||
| 2044 | 16.51 | 13.32 | -3.20 | — | -0.23 | -0.01 | 0.21 | ||
| 2045 | 16.53 | 13.32 | -3.21 | — | -0.24 | -0.01 | 0.23 | ||
| 2046 | 16.55 | 13.32 | -3.22 | — | -0.26 | -0.02 | 0.24 | ||
| 2047 | 16.57 | 13.33 | -3.24 | — | -0.27 | -0.02 | 0.25 | ||
| 2048 | 16.59 | 13.33 | -3.26 | — | -0.28 | -0.02 | 0.27 | ||
| 2049 | 16.63 | 13.33 | -3.29 | — | -0.30 | -0.02 | 0.28 | ||
| 2050 | 16.66 | 13.34 | -3.32 | — | -0.31 | -0.02 | 0.29 | ||
| 2051 | 16.70 | 13.34 | -3.36 | — | -0.32 | -0.02 | 0.30 | ||
| 2052 | 16.75 | 13.35 | -3.40 | — | -0.33 | -0.02 | 0.31 | ||
| 2053 | 16.80 | 13.35 | -3.45 | — | -0.35 | -0.02 | 0.32 | ||
| 2054 | 16.86 | 13.36 | -3.51 | — | -0.36 | -0.02 | 0.33 | ||
| 2055 | 16.93 | 13.36 | -3.57 | — | -0.37 | -0.02 | 0.34 | ||
| 2056 | 17.01 | 13.37 | -3.64 | — | -0.38 | -0.02 | 0.35 | ||
| 2057 | 17.09 | 13.38 | -3.72 | — | -0.38 | -0.02 | 0.36 | ||
| 2058 | 17.18 | 13.38 | -3.80 | — | -0.39 | -0.02 | 0.37 | ||
| 2059 | 17.26 | 13.39 | -3.87 | — | -0.40 | -0.03 | 0.37 | ||
| 2060 | 17.34 | 13.40 | -3.94 | — | -0.40 | -0.03 | 0.38 | ||
| 2061 | 17.41 | 13.40 | -4.01 | — | -0.41 | -0.03 | 0.38 | ||
| 2062 | 17.48 | 13.41 | -4.07 | — | -0.41 | -0.03 | 0.39 | ||
| 2063 | 17.55 | 13.42 | -4.13 | — | -0.41 | -0.03 | 0.39 | ||
| 2064 | 17.61 | 13.42 | -4.19 | — | -0.42 | -0.03 | 0.39 | ||
| 2065 | 17.68 | 13.43 | -4.25 | — | -0.42 | -0.03 | 0.39 | ||
| 2066 | 17.75 | 13.43 | -4.31 | — | -0.42 | -0.03 | 0.39 | ||
| 2067 | 17.81 | 13.44 | -4.38 | — | -0.42 | -0.03 | 0.40 | ||
| 2068 | 17.88 | 13.44 | -4.44 | — | -0.43 | -0.03 | 0.40 | ||
| 2069 | 17.95 | 13.45 | -4.50 | — | -0.43 | -0.03 | 0.40 | ||
| 2070 | 18.03 | 13.46 | -4.57 | — | -0.43 | -0.03 | 0.40 | ||
| 2071 | 18.10 | 13.46 | -4.64 | — | -0.43 | -0.03 | 0.40 | ||
| 2072 | 18.17 | 13.47 | -4.70 | — | -0.43 | -0.03 | 0.40 | ||
| 2073 | 18.24 | 13.47 | -4.76 | — | -0.43 | -0.03 | 0.41 | ||
| 2074 | 18.31 | 13.48 | -4.83 | — | -0.44 | -0.03 | 0.41 | ||
| 2075 | 18.36 | 13.48 | -4.88 | — | -0.44 | -0.03 | 0.41 | ||
| 2076 | 18.41 | 13.49 | -4.92 | — | -0.44 | -0.03 | 0.41 | ||
| 2077 | 18.46 | 13.49 | -4.96 | — | -0.44 | -0.03 | 0.41 | ||
| 2078 | 18.49 | 13.50 | -4.99 | — | -0.44 | -0.03 | 0.41 | ||
| 2079 | 18.51 | 13.50 | -5.01 | — | -0.44 | -0.03 | 0.41 | ||
| 2080 | 18.52 | 13.50 | -5.02 | — | -0.44 | -0.03 | 0.41 | ||
| 2081 | 18.52 | 13.50 | -5.02 | — | -0.44 | -0.03 | 0.41 | ||
| 2082 | 18.51 | 13.50 | -5.01 | — | -0.44 | -0.03 | 0.41 | ||
| 2083 | 18.50 | 13.50 | -5.00 | — | -0.44 | -0.03 | 0.41 | ||
| 2084 | 18.47 | 13.50 | -4.97 | — | -0.44 | -0.03 | 0.41 | ||
| 2085 | 18.43 | 13.50 | -4.94 | — | -0.44 | -0.03 | 0.41 | ||
| 2086 | 18.39 | 13.50 | -4.89 | — | -0.43 | -0.03 | 0.41 | ||
| 2087 | 18.33 | 13.49 | -4.84 | — | -0.43 | -0.03 | 0.40 | ||
| 2088 | 18.27 | 13.49 | -4.78 | — | -0.43 | -0.03 | 0.40 | ||
| 2089 | 18.21 | 13.49 | -4.73 | — | -0.43 | -0.03 | 0.40 | ||
| 2090 | 18.15 | 13.48 | -4.67 | — | -0.43 | -0.03 | 0.40 | ||
| 2091 | 18.09 | 13.48 | -4.62 | — | -0.42 | -0.03 | 0.40 | ||
| 2092 | 18.04 | 13.47 | -4.57 | — | -0.42 | -0.03 | 0.40 | ||
| 2093 | 18.00 | 13.47 | -4.53 | — | -0.42 | -0.03 | 0.39 | ||
| 2094 | 17.96 | 13.47 | -4.49 | — | -0.42 | -0.03 | 0.39 | ||
| 2095 | 17.94 | 13.47 | -4.47 | — | -0.42 | -0.03 | 0.39 | ||
| 2096 | 17.92 | 13.47 | -4.46 | — | -0.42 | -0.03 | 0.39 | ||
| 2097 | 17.91 | 13.47 | -4.45 | — | -0.42 | -0.03 | 0.39 | ||
| 2098 | 17.91 | 13.47 | -4.44 | — | -0.42 | -0.03 | 0.39 | ||
| 2099 | 17.92 | 13.47 | -4.45 | — | -0.42 | -0.03 | 0.39 | ||
| 2100 | 17.93 | 13.47 | -4.47 | — | -0.42 | -0.03 | 0.39 | ||
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 | 17.31% | 13.77% | -3.54% | 2034 | -0.30% | -0.02% | 0.28% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
|||||||||
Based on Intermediate Assumptions of the 2025 Trustees Report.