Proposed Provision: Beginning for those newly eligible in 2015, reconfigure the special minimum benefit: (a) A year of coverage is defined to be either a year in which 4 quarters of coverage are earned or a child is in care.  Childcare years are granted to parents who have a child under 5, with a limit of 8 such years.  (b) At implementation, set the PIA for 30 years of coverage equal to 125 percent of the monthly poverty level (about $1,197 in 2013).  For those with under 30 years of coverage, the PIA per year of coverage over 10 years is $1,197/20 = $59.85.  (c) Index the initial PIA per year of coverage by wage growth for successive cohorts.
  
    OASDI Trust Fund Ratio
    (assets as a percentage of annual expenditures)
    
    
    
    
    
      
        | Year | Present Law | Provision | 
    
    
      | 2014 | 320 | 320 | 
| 2015 | 306 | 306 | 
| 2016 | 292 | 292 | 
| 2017 | 277 | 276 | 
| 2018 | 262 | 261 | 
| 2019 | 248 | 246 | 
| 2020 | 233 | 231 | 
| 2021 | 219 | 216 | 
| 2022 | 203 | 200 | 
| 2023 | 187 | 183 | 
| 2024 | 171 | 166 | 
| 2025 | 154 | 148 | 
| 2026 | 137 | 130 | 
| 2027 | 119 | 112 | 
| 2028 | 101 | 93 | 
| 2029 | 83 | 74 | 
| 2030 | 64 | 53 | 
| 2031 | 44 | 32 | 
| 2032 | 23 | 11 | 
| 2033 | 2 | -12 | 
| 2034 | -20 | -35 | 
| 2035 | -42 | -58 | 
| 2036 | -65 | -82 | 
| 2037 | -88 | -107 | 
| 2038 | -112 | -131 | 
| 2039 | -136 | -157 | 
| 2040 | -160 | -183 | 
| 2041 | -185 | -209 | 
| 2042 | -210 | -235 | 
| 2043 | -235 | -261 | 
| 2044 | -260 | -288 | 
| 2045 | -285 | -315 | 
| 2046 | -310 | -342 | 
| 2047 | -336 | -369 | 
| 2048 | -362 | -397 | 
| 2049 | -388 | -425 | 
| 2050 | -415 | -454 | 
| 2051 | -442 | -482 | 
| 2052 | -468 | -511 | 
| 2053 | -495 | -540 | 
| 2054 | -523 | -569 | 
| 2055 | -550 | -598 | 
| 2056 | -578 | -628 | 
| 2057 | -606 | -659 | 
| 2058 | -635 | -689 | 
| 2059 | -664 | -721 | 
| 2060 | -694 | -753 | 
| 2061 | -725 | -785 | 
| 2062 | -756 | -818 | 
| 2063 | -787 | -852 | 
| 2064 | -819 | -886 | 
| 2065 | -852 | -921 | 
| 2066 | -885 | -956 | 
| 2067 | -918 | -992 | 
| 2068 | -952 | -1028 | 
| 2069 | -987 | -1065 | 
| 2070 | -1022 | -1103 | 
| 2071 | -1057 | -1141 | 
| 2072 | -1094 | -1180 | 
| 2073 | -1132 | -1221 | 
| 2074 | -1171 | -1262 | 
| 2075 | -1210 | -1304 | 
| 2076 | -1251 | -1348 | 
| 2077 | -1293 | -1392 | 
| 2078 | -1335 | -1437 | 
| 2079 | -1378 | -1483 | 
| 2080 | -1421 | -1529 | 
| 2081 | -1464 | -1574 | 
| 2082 | -1507 | -1620 | 
| 2083 | -1550 | -1666 | 
| 2084 | -1593 | -1712 | 
| 2085 | -1636 | -1758 | 
| 2086 | -1680 | -1805 | 
| 2087 | -1724 | -1852 | 
| 2088 | -1769 | -1899 | 
| 2089 | -1814 | -1947 | 
    
  
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