Proposed Provision: Beginning for those newly eligible in 2016, increase the special minimum benefit to 100 of poverty by: (a) The number of years of work (YOWs) is determined as total quarters of coverage divided by 4, ignoring any fraction. Up to 5 additional years with a child under 6. (b) Set the PIA for 30+ YOWs equal to 100 percent of the monthly HHS poverty level for the year prior to eligibility. For workers between 11 and 29 YOWs, reduce the special minimum by 3 1/3 percentage points per YOW so that at 29 YOWs the minimum would be 96 2/3% of poverty, ..., down to 11 YOWs at 36 2/3% of poverty. No minimum for 10 or fewer YOWs.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2013330330
2014315315
2015301301
2016286286
2017271271
2018257257
2019244244
2020231230
2021218217
2022204203
2023189188
2024173173
2025158157
2026142140
2027125124
2028108106
20299088
20307169
20315250
20323129
2033119
2034-11-13
2035-32-35
2036-55-57
2037-78-80
2038-101-104
2039-124-127
2040-148-151
2041-172-175
2042-196-200
2043-220-224
2044-245-249
2045-269-274
2046-294-299
2047-319-324
2048-345-350
2049-371-376
2050-397-402
2051-423-429
2052-449-455
2053-476-482
2054-502-509
2055-530-536
2056-557-564
2057-585-592
2058-613-621
2059-642-650
2060-671-679
2061-701-710
2062-732-740
2063-763-772
2064-794-803
2065-826-835
2066-859-868
2067-892-901
2068-925-935
2069-959-969
2070-993-1003
2071-1028-1039
2072-1064-1075
2073-1101-1112
2074-1139-1150
2075-1178-1189
2076-1217-1229
2077-1258-1270
2078-1299-1311
2079-1340-1353
2080-1382-1395
2081-1424-1437
2082-1466-1479
2083-1508-1521
2084-1550-1563
2085-1592-1606
2086-1635-1649
2087-1678-1692
2088-1722-1736
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