Proposed Provision: B1.2. Progressive price indexing (30th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2026: Create a new bend point at the 30th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 30th percentile and below. Reduce the 32 and 15 percent factors above the 30th percentile such that the initial benefit for a worker with AIME equal to the taxable maximum grows by inflation rather than the growth in the SSA average wage index.
  
    OASDI Trust Fund Ratio
    (assets as a percentage of annual expenditures)
    
    
    
    
    
      
        | Year | Current Law | Provision | 
    
    
      | 2019 | 273 | 273 | 
| 2020 | 260 | 260 | 
| 2021 | 245 | 245 | 
| 2022 | 229 | 229 | 
| 2023 | 213 | 213 | 
| 2024 | 197 | 197 | 
| 2025 | 180 | 180 | 
| 2026 | 163 | 163 | 
| 2027 | 147 | 147 | 
| 2028 | 130 | 130 | 
| 2029 | 114 | 114 | 
| 2030 | 97 | 97 | 
| 2031 | 80 | 81 | 
| 2032 | 63 | 64 | 
| 2033 | 46 | 47 | 
| 2034 | 28 | 30 | 
| 2035 | 10 | 12 | 
| 2036 | -9 | -6 | 
| 2037 | -28 | -24 | 
| 2038 | -47 | -43 | 
| 2039 | -67 | -62 | 
| 2040 | -87 | -80 | 
| 2041 | -108 | -99 | 
| 2042 | -129 | -119 | 
| 2043 | -150 | -138 | 
| 2044 | -171 | -156 | 
| 2045 | -192 | -175 | 
| 2046 | -213 | -193 | 
| 2047 | -234 | -211 | 
| 2048 | -255 | -229 | 
| 2049 | -276 | -247 | 
| 2050 | -297 | -264 | 
| 2051 | -318 | -280 | 
| 2052 | -338 | -297 | 
| 2053 | -359 | -313 | 
| 2054 | -380 | -328 | 
| 2055 | -401 | -344 | 
| 2056 | -422 | -359 | 
| 2057 | -444 | -373 | 
| 2058 | -465 | -388 | 
| 2059 | -487 | -402 | 
| 2060 | -509 | -417 | 
| 2061 | -531 | -431 | 
| 2062 | -554 | -445 | 
| 2063 | -577 | -459 | 
| 2064 | -601 | -473 | 
| 2065 | -625 | -487 | 
| 2066 | -649 | -501 | 
| 2067 | -674 | -515 | 
| 2068 | -699 | -528 | 
| 2069 | -724 | -542 | 
| 2070 | -749 | -555 | 
| 2071 | -776 | -569 | 
| 2072 | -802 | -583 | 
| 2073 | -830 | -596 | 
| 2074 | -857 | -610 | 
| 2075 | -885 | -624 | 
| 2076 | -914 | -638 | 
| 2077 | -944 | -652 | 
| 2078 | -975 | -666 | 
| 2079 | -1007 | -680 | 
| 2080 | -1039 | -695 | 
| 2081 | -1072 | -709 | 
| 2082 | -1106 | -723 | 
| 2083 | -1139 | -736 | 
| 2084 | -1173 | -750 | 
| 2085 | -1207 | -763 | 
| 2086 | -1242 | -775 | 
| 2087 | -1275 | -787 | 
| 2088 | -1309 | -798 | 
| 2089 | -1342 | -808 | 
| 2090 | -1375 | -818 | 
| 2091 | -1407 | -826 | 
| 2092 | -1439 | -835 | 
| 2093 | -1471 | -843 | 
| 2094 | -1503 | -850 | 
    
  
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