Detailed Single Year Tables
Description of Proposed Provision:
B4.2: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2027-2035.
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 | -2.67 | 92 | -0.00 | -0.00 | 0.00 | ||
| 2030 | 15.73 | 13.07 | -2.66 | 74 | -0.01 | -0.00 | 0.01 | ||
| 2031 | 15.71 | 13.08 | -2.62 | 57 | -0.01 | -0.00 | 0.01 | ||
| 2032 | 15.70 | 13.09 | -2.60 | 40 | -0.02 | -0.00 | 0.02 | ||
| 2033 | 15.69 | 13.13 | -2.56 | 24 | -0.03 | -0.00 | 0.03 | ||
| 2034 | 15.69 | 13.14 | -2.56 | 8 | -0.05 | -0.00 | 0.04 | ||
| 2035 | 15.71 | 13.16 | -2.55 | — | -0.06 | -0.00 | 0.06 | ||
| 2036 | 15.77 | 13.17 | -2.60 | — | -0.08 | -0.00 | 0.08 | ||
| 2037 | 15.85 | 13.17 | -2.67 | — | -0.11 | -0.01 | 0.10 | ||
| 2038 | 15.91 | 13.18 | -2.73 | — | -0.13 | -0.01 | 0.12 | ||
| 2039 | 15.97 | 13.18 | -2.79 | — | -0.16 | -0.01 | 0.15 | ||
| 2040 | 16.02 | 13.19 | -2.83 | — | -0.18 | -0.01 | 0.17 | ||
| 2041 | 16.06 | 13.19 | -2.87 | — | -0.21 | -0.01 | 0.20 | ||
| 2042 | 16.10 | 13.20 | -2.91 | — | -0.24 | -0.01 | 0.23 | ||
| 2043 | 16.15 | 13.20 | -2.95 | — | -0.27 | -0.01 | 0.25 | ||
| 2044 | 16.20 | 13.20 | -2.99 | — | -0.30 | -0.02 | 0.28 | ||
| 2045 | 16.25 | 13.21 | -3.04 | — | -0.32 | -0.02 | 0.31 | ||
| 2046 | 16.28 | 13.21 | -3.08 | — | -0.35 | -0.02 | 0.33 | ||
| 2047 | 16.32 | 13.21 | -3.11 | — | -0.38 | -0.02 | 0.36 | ||
| 2048 | 16.37 | 13.21 | -3.15 | — | -0.41 | -0.02 | 0.38 | ||
| 2049 | 16.41 | 13.22 | -3.20 | — | -0.43 | -0.02 | 0.41 | ||
| 2050 | 16.47 | 13.22 | -3.25 | — | -0.46 | -0.03 | 0.43 | ||
| 2051 | 16.54 | 13.23 | -3.31 | — | -0.48 | -0.03 | 0.46 | ||
| 2052 | 16.62 | 13.23 | -3.39 | — | -0.51 | -0.03 | 0.48 | ||
| 2053 | 16.70 | 13.24 | -3.47 | — | -0.53 | -0.03 | 0.50 | ||
| 2054 | 16.80 | 13.24 | -3.55 | — | -0.56 | -0.03 | 0.53 | ||
| 2055 | 16.90 | 13.25 | -3.65 | — | -0.58 | -0.03 | 0.55 | ||
| 2056 | 17.01 | 13.26 | -3.75 | — | -0.60 | -0.03 | 0.57 | ||
| 2057 | 17.12 | 13.26 | -3.86 | — | -0.62 | -0.03 | 0.59 | ||
| 2058 | 17.24 | 13.27 | -3.97 | — | -0.64 | -0.04 | 0.60 | ||
| 2059 | 17.36 | 13.28 | -4.08 | — | -0.66 | -0.04 | 0.62 | ||
| 2060 | 17.48 | 13.29 | -4.19 | — | -0.67 | -0.04 | 0.63 | ||
| 2061 | 17.59 | 13.29 | -4.29 | — | -0.69 | -0.04 | 0.65 | ||
| 2062 | 17.70 | 13.30 | -4.40 | — | -0.70 | -0.04 | 0.66 | ||
| 2063 | 17.81 | 13.31 | -4.50 | — | -0.71 | -0.04 | 0.67 | ||
| 2064 | 17.91 | 13.31 | -4.60 | — | -0.72 | -0.04 | 0.68 | ||
| 2065 | 18.02 | 13.32 | -4.70 | — | -0.73 | -0.04 | 0.68 | ||
| 2066 | 18.12 | 13.33 | -4.80 | — | -0.73 | -0.04 | 0.69 | ||
| 2067 | 18.23 | 13.33 | -4.90 | — | -0.74 | -0.04 | 0.70 | ||
| 2068 | 18.34 | 13.34 | -5.00 | — | -0.75 | -0.04 | 0.70 | ||
| 2069 | 18.45 | 13.35 | -5.10 | — | -0.75 | -0.04 | 0.71 | ||
| 2070 | 18.57 | 13.36 | -5.21 | — | -0.76 | -0.04 | 0.71 | ||
| 2071 | 18.68 | 13.36 | -5.32 | — | -0.76 | -0.04 | 0.72 | ||
| 2072 | 18.79 | 13.37 | -5.42 | — | -0.77 | -0.04 | 0.72 | ||
| 2073 | 18.91 | 13.38 | -5.53 | — | -0.77 | -0.04 | 0.73 | ||
| 2074 | 19.02 | 13.39 | -5.63 | — | -0.78 | -0.04 | 0.73 | ||
| 2075 | 19.12 | 13.39 | -5.73 | — | -0.78 | -0.04 | 0.74 | ||
| 2076 | 19.21 | 13.40 | -5.81 | — | -0.78 | -0.04 | 0.74 | ||
| 2077 | 19.30 | 13.40 | -5.89 | — | -0.79 | -0.04 | 0.74 | ||
| 2078 | 19.37 | 13.41 | -5.97 | — | -0.79 | -0.04 | 0.75 | ||
| 2079 | 19.44 | 13.41 | -6.03 | — | -0.79 | -0.04 | 0.75 | ||
| 2080 | 19.49 | 13.42 | -6.08 | — | -0.79 | -0.04 | 0.75 | ||
| 2081 | 19.54 | 13.42 | -6.12 | — | -0.80 | -0.04 | 0.75 | ||
| 2082 | 19.59 | 13.42 | -6.16 | — | -0.80 | -0.05 | 0.75 | ||
| 2083 | 19.62 | 13.43 | -6.19 | — | -0.80 | -0.05 | 0.75 | ||
| 2084 | 19.64 | 13.43 | -6.21 | — | -0.80 | -0.05 | 0.75 | ||
| 2085 | 19.65 | 13.43 | -6.22 | — | -0.80 | -0.05 | 0.75 | ||
| 2086 | 19.65 | 13.43 | -6.22 | — | -0.80 | -0.05 | 0.75 | ||
| 2087 | 19.64 | 13.43 | -6.21 | — | -0.80 | -0.05 | 0.75 | ||
| 2088 | 19.62 | 13.43 | -6.19 | — | -0.80 | -0.05 | 0.75 | ||
| 2089 | 19.59 | 13.43 | -6.17 | — | -0.79 | -0.04 | 0.75 | ||
| 2090 | 19.56 | 13.42 | -6.13 | — | -0.79 | -0.04 | 0.75 | ||
| 2091 | 19.52 | 13.42 | -6.10 | — | -0.79 | -0.04 | 0.74 | ||
| 2092 | 19.48 | 13.42 | -6.06 | — | -0.79 | -0.04 | 0.74 | ||
| 2093 | 19.44 | 13.42 | -6.02 | — | -0.79 | -0.04 | 0.74 | ||
| 2094 | 19.40 | 13.42 | -5.99 | — | -0.78 | -0.04 | 0.74 | ||
| 2095 | 19.37 | 13.41 | -5.95 | — | -0.78 | -0.04 | 0.74 | ||
| 2096 | 19.34 | 13.41 | -5.92 | — | -0.78 | -0.04 | 0.73 | ||
| 2097 | 19.31 | 13.41 | -5.89 | — | -0.78 | -0.04 | 0.73 | ||
| 2098 | 19.28 | 13.41 | -5.87 | — | -0.78 | -0.04 | 0.73 | ||
| 2099 | 19.26 | 13.41 | -5.85 | — | -0.77 | -0.04 | 0.73 | ||
| 2100 | 19.25 | 13.41 | -5.84 | — | -0.77 | -0.04 | 0.73 | ||
| 2101 | 19.24 | 13.41 | -5.84 | — | -0.77 | -0.04 | 0.73 | ||
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 | 17.60% | 13.65% | -3.95% | 2034 | -0.50% | -0.03% | 0.47% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
|||||||||
Based on Intermediate Assumptions of the 2026 Trustees Report.