Proposed Provision: Reduce benefits by 5 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
2016286287
2017271273
2018257261
2019244249
2020231237
2021218226
2022204213
2023189200
2024173187
2025158173
2026142160
2027125145
2028108131
202990115
20307199
20315283
20323166
20331148
2034-1130
2035-3211
2036-55-7
2037-78-27
2038-101-46
2039-124-65
2040-148-85
2041-172-105
2042-196-125
2043-220-145
2044-245-165
2045-269-185
2046-294-205
2047-319-225
2048-345-246
2049-371-267
2050-397-288
2051-423-309
2052-449-330
2053-476-351
2054-502-373
2055-530-395
2056-557-417
2057-585-439
2058-613-462
2059-642-486
2060-671-510
2061-701-534
2062-732-559
2063-763-585
2064-794-611
2065-826-637
2066-859-664
2067-892-691
2068-925-718
2069-959-746
2070-993-775
2071-1028-804
2072-1064-834
2073-1101-864
2074-1139-896
2075-1178-928
2076-1217-961
2077-1258-994
2078-1299-1028
2079-1340-1063
2080-1382-1097
2081-1424-1132
2082-1466-1167
2083-1508-1202
2084-1550-1237
2085-1592-1272
2086-1635-1308
2087-1678-1344
2088-1722-1381
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