Proposed Provision: B1.4. Progressive price indexing (50th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2026: Create a new bend point at the 50th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 50th percentile and below. Reduce the 32 and 15 percent factors above the 50th 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
2019273273
2020260260
2021245245
2022229229
2023213213
2024197197
2025180180
2026163163
2027147147
2028130130
2029114114
20309797
20318081
20326364
20334646
20342829
20351011
2036-9-7
2037-28-26
2038-47-44
2039-67-63
2040-87-83
2041-108-102
2042-129-122
2043-150-142
2044-171-161
2045-192-180
2046-213-200
2047-234-219
2048-255-237
2049-276-256
2050-297-274
2051-318-292
2052-338-310
2053-359-328
2054-380-345
2055-401-362
2056-422-379
2057-444-396
2058-465-413
2059-487-430
2060-509-447
2061-531-464
2062-554-481
2063-577-498
2064-601-515
2065-625-532
2066-649-550
2067-674-567
2068-699-585
2069-724-602
2070-749-620
2071-776-638
2072-802-656
2073-830-675
2074-857-693
2075-885-712
2076-914-731
2077-944-750
2078-975-770
2079-1007-790
2080-1039-811
2081-1072-831
2082-1106-852
2083-1139-872
2084-1173-892
2085-1207-912
2086-1242-932
2087-1275-951
2088-1309-969
2089-1342-987
2090-1375-1005
2091-1407-1021
2092-1439-1038
2093-1471-1054
2094-1503-1070
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