Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2015, multiply all PIA formula factors each year by 0.991. Stop reductions after 2043. Disabled workers are: (a) not affected prior to normal retirement age; and (b) subject to a proportional reduction in benefits, based on the worker's years of disability, upon conversion to retired worker beneficiary status. Young survivors (children of deceased workers and surviving spouses with a child in care) are not affected.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2011 | 353 | 353 |
| 2012 | 347 | 347 |
| 2013 | 341 | 341 |
| 2014 | 334 | 334 |
| 2015 | 328 | 328 |
| 2016 | 321 | 321 |
| 2017 | 314 | 314 |
| 2018 | 306 | 306 |
| 2019 | 296 | 297 |
| 2020 | 284 | 286 |
| 2021 | 272 | 274 |
| 2022 | 259 | 262 |
| 2023 | 245 | 249 |
| 2024 | 230 | 236 |
| 2025 | 214 | 222 |
| 2026 | 198 | 208 |
| 2027 | 181 | 193 |
| 2028 | 164 | 178 |
| 2029 | 145 | 162 |
| 2030 | 127 | 146 |
| 2031 | 107 | 129 |
| 2032 | 87 | 113 |
| 2033 | 67 | 96 |
| 2034 | 46 | 80 |
| 2035 | 25 | 63 |
| 2036 | 4 | 46 |
| 2037 | -18 | 30 |
| 2038 | -40 | 13 |
| 2039 | -62 | -3 |
| 2040 | -85 | -19 |
| 2041 | -108 | -35 |
| 2042 | -130 | -50 |
| 2043 | -153 | -65 |
| 2044 | -176 | -80 |
| 2045 | -200 | -94 |
| 2046 | -223 | -108 |
| 2047 | -247 | -122 |
| 2048 | -271 | -135 |
| 2049 | -295 | -147 |
| 2050 | -319 | -160 |
| 2051 | -343 | -172 |
| 2052 | -368 | -183 |
| 2053 | -393 | -194 |
| 2054 | -418 | -205 |
| 2055 | -443 | -215 |
| 2056 | -468 | -226 |
| 2057 | -494 | -236 |
| 2058 | -521 | -246 |
| 2059 | -548 | -256 |
| 2060 | -575 | -265 |
| 2061 | -602 | -275 |
| 2062 | -630 | -284 |
| 2063 | -659 | -294 |
| 2064 | -687 | -303 |
| 2065 | -716 | -312 |
| 2066 | -746 | -322 |
| 2067 | -775 | -331 |
| 2068 | -805 | -340 |
| 2069 | -835 | -349 |
| 2070 | -866 | -358 |
| 2071 | -897 | -368 |
| 2072 | -928 | -378 |
| 2073 | -960 | -387 |
| 2074 | -992 | -398 |
| 2075 | -1025 | -408 |
| 2076 | -1058 | -418 |
| 2077 | -1092 | -429 |
| 2078 | -1126 | -440 |
| 2079 | -1161 | -452 |
| 2080 | -1196 | -463 |
| 2081 | -1232 | -475 |
| 2082 | -1268 | -487 |
| 2083 | -1305 | -500 |
| 2084 | -1342 | -513 |
| 2085 | -1380 | -526 |
| 2086 | -1419 | -539 |
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