Proposed Provision: Reduce benefits by 3 percent for those newly eligible for benefits in 2014 and later.

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

Year Present Law Provision
2013330330
2014315316
2015301301
2016286286
2017271272
2018257259
2019244247
2020231235
2021218222
2022204209
2023189196
2024173182
2025158167
2026142152
2027125137
2028108121
202990105
20307188
20315270
20323152
20331133
2034-1113
2035-32-7
2036-55-27
2037-78-47
2038-101-68
2039-124-90
2040-148-111
2041-172-132
2042-196-154
2043-220-176
2044-245-198
2045-269-220
2046-294-242
2047-319-264
2048-345-287
2049-371-310
2050-397-333
2051-423-356
2052-449-379
2053-476-402
2054-502-426
2055-530-450
2056-557-475
2057-585-499
2058-613-525
2059-642-550
2060-671-577
2061-701-603
2062-732-630
2063-763-658
2064-794-686
2065-826-715
2066-859-744
2067-892-773
2068-925-803
2069-959-834
2070-993-865
2071-1028-896
2072-1064-929
2073-1101-962
2074-1139-996
2075-1178-1031
2076-1217-1066
2077-1258-1103
2078-1299-1140
2079-1340-1177
2080-1382-1215
2081-1424-1252
2082-1466-1290
2083-1508-1328
2084-1550-1366
2085-1592-1404
2086-1635-1443
2087-1678-1482
2088-1722-1521
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