Proposed Provision: B2.1. Beginning with those newly eligible for OASI benefits in 2029, multiply the PIA factors by the ratio of life expectancy at 67 for 2024 to the life expectancy at age 67 for the 4th year prior to the year of benefit eligibility. Unisex life expectancies, based on period life tables as computed by SSA's Office of the Chief Actuary, are used to determine the ratio. 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.

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

Year Current Law Provision
2019273273
2020260260
2021245245
2022229229
2023213213
2024197197
2025180180
2026163163
2027147147
2028130130
2029114114
20309797
20318080
20326363
20334646
20342828
20351010
2036-9-9
2037-28-28
2038-47-47
2039-67-67
2040-87-87
2041-108-107
2042-129-128
2043-150-148
2044-171-169
2045-192-190
2046-213-210
2047-234-231
2048-255-251
2049-276-271
2050-297-291
2051-318-312
2052-338-331
2053-359-351
2054-380-371
2055-401-391
2056-422-411
2057-444-431
2058-465-450
2059-487-470
2060-509-491
2061-531-511
2062-554-532
2063-577-553
2064-601-574
2065-625-596
2066-649-617
2067-674-639
2068-699-661
2069-724-683
2070-749-706
2071-776-729
2072-802-752
2073-830-776
2074-857-800
2075-885-824
2076-914-849
2077-944-875
2078-975-902
2079-1007-929
2080-1039-956
2081-1072-984
2082-1106-1013
2083-1139-1041
2084-1173-1069
2085-1207-1098
2086-1242-1126
2087-1275-1154
2088-1309-1182
2089-1342-1209
2090-1375-1236
2091-1407-1262
2092-1439-1288
2093-1471-1314
2094-1503-1340
back