Proposed Provision: B3.4. Beginning with those newly eligible for OASDI benefits in 2021, multiply all PIA factors each year by 0.991. Stop reductions after 2049. 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 Current Law Provision
2017298298
2018287287
2019273273
2020259259
2021245245
2022230230
2023215215
2024199199
2025182183
2026165166
2027148149
2028130132
2029112114
20309497
20317579
20325661
20333743
20341624
2035-44
2036-26-15
2037-47-35
2038-70-55
2039-92-75
2040-115-95
2041-138-115
2042-161-135
2043-184-155
2044-207-174
2045-230-193
2046-253-212
2047-276-231
2048-300-249
2049-323-266
2050-346-284
2051-370-301
2052-393-317
2053-417-333
2054-440-349
2055-464-364
2056-487-379
2057-511-393
2058-536-408
2059-560-422
2060-585-435
2061-611-449
2062-637-462
2063-663-476
2064-690-489
2065-717-502
2066-745-515
2067-772-528
2068-801-541
2069-829-554
2070-858-567
2071-888-580
2072-918-594
2073-949-607
2074-981-621
2075-1014-636
2076-1047-650
2077-1082-666
2078-1117-681
2079-1153-697
2080-1190-712
2081-1227-728
2082-1264-744
2083-1300-759
2084-1337-775
2085-1374-790
2086-1410-805
2087-1446-820
2088-1483-836
2089-1520-851
2090-1557-867
2091-1595-883
2092-1633-900
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