Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2016, multiply the 32 and 15 percent PIA factors each year by 0.987. Stop reductions after 2046, when the factors reach 21 percent and 10 percent, respectively.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248249
2020233234
2021219220
2022204206
2023189191
2024173176
2025157162
2026142148
2027126134
2028110119
202994105
20307790
20316075
20324260
20332344
2034428
2035-1612
2036-36-5
2037-57-22
2038-78-38
2039-100-55
2040-122-72
2041-144-89
2042-166-105
2043-189-121
2044-211-137
2045-234-153
2046-257-168
2047-280-183
2048-303-198
2049-327-213
2050-351-227
2051-375-241
2052-398-254
2053-423-268
2054-447-281
2055-472-293
2056-496-306
2057-522-319
2058-548-331
2059-574-344
2060-601-357
2061-629-370
2062-657-383
2063-685-396
2064-714-409
2065-744-423
2066-774-436
2067-804-450
2068-835-464
2069-867-478
2070-899-492
2071-932-507
2072-965-522
2073-1000-538
2074-1035-554
2075-1072-571
2076-1110-588
2077-1148-606
2078-1188-624
2079-1228-642
2080-1268-660
2081-1309-679
2082-1350-697
2083-1391-715
2084-1432-734
2085-1472-752
2086-1514-771
2087-1555-790
2088-1597-809
2089-1640-828
2090-1683-848
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