Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2018, multiply all PIA factors each year by 0.991. Stop reductions after 2046. Disabled workers are: (a) not affected prior to normal retirement age; and (b) subject to a proportional reduction in benefits, based on the worker's years of disability, upon conversion to retired-worker beneficiary status. Young survivors (children of deceased workers and surviving spouses with a child in care) are not affected.

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

Year Present Law Provision
2014320320
2015306306
2016292292
2017277277
2018262262
2019248248
2020233233
2021219219
2022203204
2023187188
2024171173
2025154156
2026137140
2027119123
2028101106
20298389
20306471
20314453
20322334
2033215
2034-20-5
2035-42-25
2036-65-45
2037-88-65
2038-112-85
2039-136-106
2040-160-126
2041-185-146
2042-210-167
2043-235-187
2044-260-206
2045-285-226
2046-310-245
2047-336-265
2048-362-284
2049-388-303
2050-415-321
2051-442-340
2052-468-358
2053-495-375
2054-523-392
2055-550-409
2056-578-426
2057-606-443
2058-635-459
2059-664-475
2060-694-492
2061-725-508
2062-756-525
2063-787-541
2064-819-557
2065-852-574
2066-885-591
2067-918-607
2068-952-624
2069-987-641
2070-1022-658
2071-1057-675
2072-1094-693
2073-1132-712
2074-1171-730
2075-1210-750
2076-1251-769
2077-1293-789
2078-1335-809
2079-1378-830
2080-1421-850
2081-1464-871
2082-1507-891
2083-1550-911
2084-1593-932
2085-1636-953
2086-1680-973
2087-1724-995
2088-1769-1016
2089-1814-1038
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