Proposed Provision: Starting in 2016, provide a 5 percent uniform PIA increase 20 years after benefit eligibility. Phase in the PIA increase at 1 percent per year from the 16th through 20th years after eligibility. The full PIA increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to the SSA average wage index.

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

Year Present Law Provision
2013330330
2014315315
2015301301
2016286283
2017271267
2018257253
2019244239
2020231225
2021218211
2022204196
2023189180
2024173164
2025158148
2026142131
2027125113
202810895
20299076
20307156
20315236
20323115
203311-7
2034-11-30
2035-32-53
2036-55-76
2037-78-100
2038-101-125
2039-124-149
2040-148-174
2041-172-200
2042-196-226
2043-220-251
2044-245-277
2045-269-304
2046-294-330
2047-319-357
2048-345-384
2049-371-412
2050-397-440
2051-423-467
2052-449-496
2053-476-524
2054-502-552
2055-530-581
2056-557-611
2057-585-640
2058-613-670
2059-642-701
2060-671-732
2061-701-764
2062-732-796
2063-763-829
2064-794-862
2065-826-896
2066-859-930
2067-892-965
2068-925-1000
2069-959-1036
2070-993-1072
2071-1028-1109
2072-1064-1147
2073-1101-1186
2074-1139-1226
2075-1178-1267
2076-1217-1309
2077-1258-1351
2078-1299-1395
2079-1340-1439
2080-1382-1483
2081-1424-1527
2082-1466-1571
2083-1508-1616
2084-1550-1660
2085-1592-1705
2086-1635-1750
2087-1678-1795
2088-1722-1842
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