Proposed Provision: B7.2. Reduce benefits by 5 percent for those newly eligible for benefits in 2020 and later.
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 | 230 |
| 2023 | 213 | 215 |
| 2024 | 197 | 199 |
| 2025 | 180 | 183 |
| 2026 | 163 | 167 |
| 2027 | 147 | 152 |
| 2028 | 130 | 136 |
| 2029 | 114 | 121 |
| 2030 | 97 | 106 |
| 2031 | 80 | 91 |
| 2032 | 63 | 75 |
| 2033 | 46 | 60 |
| 2034 | 28 | 44 |
| 2035 | 10 | 28 |
| 2036 | -9 | 12 |
| 2037 | -28 | -5 |
| 2038 | -47 | -21 |
| 2039 | -67 | -38 |
| 2040 | -87 | -56 |
| 2041 | -108 | -73 |
| 2042 | -129 | -91 |
| 2043 | -150 | -108 |
| 2044 | -171 | -126 |
| 2045 | -192 | -143 |
| 2046 | -213 | -161 |
| 2047 | -234 | -178 |
| 2048 | -255 | -195 |
| 2049 | -276 | -212 |
| 2050 | -297 | -229 |
| 2051 | -318 | -246 |
| 2052 | -338 | -262 |
| 2053 | -359 | -279 |
| 2054 | -380 | -296 |
| 2055 | -401 | -313 |
| 2056 | -422 | -329 |
| 2057 | -444 | -346 |
| 2058 | -465 | -363 |
| 2059 | -487 | -381 |
| 2060 | -509 | -398 |
| 2061 | -531 | -416 |
| 2062 | -554 | -435 |
| 2063 | -577 | -453 |
| 2064 | -601 | -473 |
| 2065 | -625 | -492 |
| 2066 | -649 | -512 |
| 2067 | -674 | -532 |
| 2068 | -699 | -552 |
| 2069 | -724 | -573 |
| 2070 | -749 | -594 |
| 2071 | -776 | -616 |
| 2072 | -802 | -638 |
| 2073 | -830 | -660 |
| 2074 | -857 | -683 |
| 2075 | -885 | -707 |
| 2076 | -914 | -731 |
| 2077 | -944 | -756 |
| 2078 | -975 | -781 |
| 2079 | -1007 | -808 |
| 2080 | -1039 | -835 |
| 2081 | -1072 | -862 |
| 2082 | -1106 | -890 |
| 2083 | -1139 | -917 |
| 2084 | -1173 | -946 |
| 2085 | -1207 | -974 |
| 2086 | -1242 | -1002 |
| 2087 | -1275 | -1030 |
| 2088 | -1309 | -1058 |
| 2089 | -1342 | -1085 |
| 2090 | -1375 | -1112 |
| 2091 | -1407 | -1139 |
| 2092 | -1439 | -1165 |
| 2093 | -1471 | -1192 |
| 2094 | -1503 | -1219 |
back