Proposed Provision: Beginning in 2012, reconfigure the special minimum benefit: (a) A year of coverage is defined to be either a year in which 4 quarters of coverage are earned or a child is in care.  Childcare years are granted to parents who have a child under 5, with a limit of 8 such years.  (b) At implementation, set the PIA for 30 years of coverage equal to 125 percent of the monthly poverty level (about $1,128 in 2010).  For those with under 30 years of coverage, the PIA per year of coverage over 10 years is $1,128/20 = $56.40.  (c) Index the initial PIA per year of coverage by wage growth for successive cohorts.
  
    OASDI Trust Fund Ratio
    (assets as a percentage of annual expenditures)
    
    
    
    
    
      
        | Year | Present Law | Provision | 
    
    
      | 2011 | 353 | 353 | 
| 2012 | 347 | 347 | 
| 2013 | 341 | 340 | 
| 2014 | 334 | 333 | 
| 2015 | 328 | 326 | 
| 2016 | 321 | 319 | 
| 2017 | 314 | 311 | 
| 2018 | 306 | 302 | 
| 2019 | 296 | 291 | 
| 2020 | 284 | 279 | 
| 2021 | 272 | 266 | 
| 2022 | 259 | 252 | 
| 2023 | 245 | 237 | 
| 2024 | 230 | 221 | 
| 2025 | 214 | 205 | 
| 2026 | 198 | 187 | 
| 2027 | 181 | 169 | 
| 2028 | 164 | 151 | 
| 2029 | 145 | 131 | 
| 2030 | 127 | 111 | 
| 2031 | 107 | 91 | 
| 2032 | 87 | 69 | 
| 2033 | 67 | 48 | 
| 2034 | 46 | 26 | 
| 2035 | 25 | 3 | 
| 2036 | 4 | -20 | 
| 2037 | -18 | -43 | 
| 2038 | -40 | -67 | 
| 2039 | -62 | -91 | 
| 2040 | -85 | -115 | 
| 2041 | -108 | -139 | 
| 2042 | -130 | -164 | 
| 2043 | -153 | -188 | 
| 2044 | -176 | -213 | 
| 2045 | -200 | -239 | 
| 2046 | -223 | -264 | 
| 2047 | -247 | -290 | 
| 2048 | -271 | -316 | 
| 2049 | -295 | -342 | 
| 2050 | -319 | -368 | 
| 2051 | -343 | -395 | 
| 2052 | -368 | -422 | 
| 2053 | -393 | -449 | 
| 2054 | -418 | -476 | 
| 2055 | -443 | -503 | 
| 2056 | -468 | -531 | 
| 2057 | -494 | -559 | 
| 2058 | -521 | -588 | 
| 2059 | -548 | -618 | 
| 2060 | -575 | -647 | 
| 2061 | -602 | -678 | 
| 2062 | -630 | -708 | 
| 2063 | -659 | -739 | 
| 2064 | -687 | -770 | 
| 2065 | -716 | -802 | 
| 2066 | -746 | -834 | 
| 2067 | -775 | -866 | 
| 2068 | -805 | -899 | 
| 2069 | -835 | -932 | 
| 2070 | -866 | -965 | 
| 2071 | -897 | -999 | 
| 2072 | -928 | -1033 | 
| 2073 | -960 | -1068 | 
| 2074 | -992 | -1103 | 
| 2075 | -1025 | -1138 | 
| 2076 | -1058 | -1175 | 
| 2077 | -1092 | -1211 | 
| 2078 | -1126 | -1249 | 
| 2079 | -1161 | -1287 | 
| 2080 | -1196 | -1325 | 
| 2081 | -1232 | -1364 | 
| 2082 | -1268 | -1403 | 
| 2083 | -1305 | -1443 | 
| 2084 | -1342 | -1484 | 
| 2085 | -1380 | -1525 | 
| 2086 | -1419 | -1566 | 
    
  
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