Proposed Provision: Reduce benefits by 3 percent for those newly eligible for benefits in 2016 and later.

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

Year Present Law Provision
2015308308
2016298298
2017280281
2018264265
2019248250
2020233235
2021219221
2022204207
2023189193
2024173178
2025157164
2026142149
2027126135
2028110120
202994105
20307790
20316074
20324257
20332340
2034423
2035-165
2036-36-14
2037-57-32
2038-78-51
2039-100-71
2040-122-91
2041-144-110
2042-166-130
2043-189-150
2044-211-170
2045-234-191
2046-257-211
2047-280-231
2048-303-252
2049-327-273
2050-351-294
2051-375-315
2052-398-336
2053-423-357
2054-447-378
2055-472-400
2056-496-422
2057-522-445
2058-548-467
2059-574-491
2060-601-515
2061-629-539
2062-657-564
2063-685-589
2064-714-615
2065-744-642
2066-774-668
2067-804-696
2068-835-723
2069-867-752
2070-899-780
2071-932-810
2072-965-840
2073-1000-871
2074-1035-903
2075-1072-936
2076-1110-970
2077-1148-1005
2078-1188-1040
2079-1228-1076
2080-1268-1112
2081-1309-1149
2082-1350-1186
2083-1391-1222
2084-1432-1259
2085-1472-1296
2086-1514-1333
2087-1555-1370
2088-1597-1408
2089-1640-1447
2090-1683-1486
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