Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2021, gradually increase the first PIA bend point in each year so that it is 15 percent higher for those newly eligible in 2035 and later.

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

Year Present Law Provision
2014320320
2015306306
2016292292
2017277277
2018262262
2019248248
2020233233
2021219219
2022203203
2023187187
2024171171
2025154154
2026137137
2027119119
2028101100
20298382
20306462
20314442
20322321
20332-1
2034-20-23
2035-42-46
2036-65-70
2037-88-94
2038-112-118
2039-136-143
2040-160-169
2041-185-194
2042-210-220
2043-235-246
2044-260-273
2045-285-300
2046-310-327
2047-336-354
2048-362-382
2049-388-410
2050-415-438
2051-442-467
2052-468-496
2053-495-525
2054-523-555
2055-550-585
2056-578-615
2057-606-646
2058-635-677
2059-664-709
2060-694-742
2061-725-775
2062-756-809
2063-787-844
2064-819-879
2065-852-915
2066-885-951
2067-918-988
2068-952-1025
2069-987-1063
2070-1022-1101
2071-1057-1141
2072-1094-1181
2073-1132-1223
2074-1171-1265
2075-1210-1309
2076-1251-1353
2077-1293-1399
2078-1335-1445
2079-1378-1492
2080-1421-1539
2081-1464-1587
2082-1507-1634
2083-1550-1681
2084-1593-1729
2085-1636-1776
2086-1680-1824
2087-1724-1872
2088-1769-1921
2089-1814-1971
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