Proposed Provision: B3.1. Beginning with those newly eligible for OASDI benefits in 2018, multiply the 32 and 15 percent PIA factors each year by 0.987. Stop reductions after 2048, when the factors reach 21 percent and 10 percent, respectively.

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

Year Current Law Provision
2017298298
2018287287
2019273273
2020259259
2021245245
2022230231
2023215216
2024199200
2025182185
2026165168
2027148152
2028130135
2029112118
203094102
20317585
20325668
20333750
20341632
2035-414
2036-26-5
2037-47-24
2038-70-43
2039-92-61
2040-115-80
2041-138-99
2042-161-117
2043-184-135
2044-207-153
2045-230-171
2046-253-188
2047-276-204
2048-300-221
2049-323-237
2050-346-253
2051-370-268
2052-393-282
2053-417-297
2054-440-310
2055-464-324
2056-487-337
2057-511-350
2058-536-363
2059-560-376
2060-585-388
2061-611-401
2062-637-414
2063-663-426
2064-690-439
2065-717-451
2066-745-464
2067-772-477
2068-801-490
2069-829-503
2070-858-516
2071-888-529
2072-918-543
2073-949-557
2074-981-571
2075-1014-586
2076-1047-601
2077-1082-617
2078-1117-633
2079-1153-649
2080-1190-665
2081-1227-682
2082-1264-698
2083-1300-714
2084-1337-730
2085-1374-746
2086-1410-762
2087-1446-778
2088-1483-794
2089-1520-810
2090-1557-827
2091-1595-844
2092-1633-861
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