Proposed Provision: B3.15. Increase the 90 percent PIA formula factor to 91 percent for beneficiaries newly eligible in 2024, 92 percent for those newly eligible in 2025, ..., reaching 95 percent for those newly eligible in 2028 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 | 229 |
| 2023 | 213 | 213 |
| 2024 | 197 | 197 |
| 2025 | 180 | 180 |
| 2026 | 163 | 163 |
| 2027 | 147 | 147 |
| 2028 | 130 | 130 |
| 2029 | 114 | 113 |
| 2030 | 97 | 96 |
| 2031 | 80 | 79 |
| 2032 | 63 | 62 |
| 2033 | 46 | 44 |
| 2034 | 28 | 26 |
| 2035 | 10 | 7 |
| 2036 | -9 | -12 |
| 2037 | -28 | -32 |
| 2038 | -47 | -52 |
| 2039 | -67 | -73 |
| 2040 | -87 | -94 |
| 2041 | -108 | -116 |
| 2042 | -129 | -137 |
| 2043 | -150 | -159 |
| 2044 | -171 | -181 |
| 2045 | -192 | -204 |
| 2046 | -213 | -226 |
| 2047 | -234 | -248 |
| 2048 | -255 | -270 |
| 2049 | -276 | -293 |
| 2050 | -297 | -315 |
| 2051 | -318 | -338 |
| 2052 | -338 | -360 |
| 2053 | -359 | -383 |
| 2054 | -380 | -405 |
| 2055 | -401 | -428 |
| 2056 | -422 | -451 |
| 2057 | -444 | -474 |
| 2058 | -465 | -497 |
| 2059 | -487 | -521 |
| 2060 | -509 | -544 |
| 2061 | -531 | -569 |
| 2062 | -554 | -593 |
| 2063 | -577 | -619 |
| 2064 | -601 | -644 |
| 2065 | -625 | -670 |
| 2066 | -649 | -697 |
| 2067 | -674 | -723 |
| 2068 | -699 | -750 |
| 2069 | -724 | -778 |
| 2070 | -749 | -805 |
| 2071 | -776 | -833 |
| 2072 | -802 | -862 |
| 2073 | -830 | -892 |
| 2074 | -857 | -921 |
| 2075 | -885 | -952 |
| 2076 | -914 | -983 |
| 2077 | -944 | -1015 |
| 2078 | -975 | -1048 |
| 2079 | -1007 | -1083 |
| 2080 | -1039 | -1117 |
| 2081 | -1072 | -1153 |
| 2082 | -1106 | -1189 |
| 2083 | -1139 | -1225 |
| 2084 | -1173 | -1262 |
| 2085 | -1207 | -1298 |
| 2086 | -1242 | -1335 |
| 2087 | -1275 | -1372 |
| 2088 | -1309 | -1408 |
| 2089 | -1342 | -1444 |
| 2090 | -1375 | -1479 |
| 2091 | -1407 | -1514 |
| 2092 | -1439 | -1548 |
| 2093 | -1471 | -1583 |
| 2094 | -1503 | -1617 |
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