Proposed Provision: B6.5. Starting in 2022, provide a 5 percent uniform PIA increase 20 years after benefit eligibility. Phase in the PIA increase at 1 percent per year from the 16th through 20th years after eligibility. The full PIA increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to the SSA average wage index. Auxiliary beneficiaries receive benefit enhancement based on the PIA of the governing worker.

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

Year Current Law Provision
2019273273
2020260260
2021245245
2022229227
2023213210
2024197192
2025180175
2026163157
2027147140
2028130122
2029114105
20309787
20318069
20326351
20334633
20342814
203510-6
2036-9-25
2037-28-46
2038-47-66
2039-67-87
2040-87-109
2041-108-131
2042-129-153
2043-150-175
2044-171-198
2045-192-220
2046-213-243
2047-234-265
2048-255-288
2049-276-310
2050-297-333
2051-318-356
2052-338-378
2053-359-401
2054-380-423
2055-401-446
2056-422-468
2057-444-491
2058-465-514
2059-487-537
2060-509-561
2061-531-585
2062-554-609
2063-577-634
2064-601-659
2065-625-684
2066-649-710
2067-674-736
2068-699-763
2069-724-789
2070-749-817
2071-776-844
2072-802-873
2073-830-901
2074-857-931
2075-885-961
2076-914-991
2077-944-1023
2078-975-1056
2079-1007-1089
2080-1039-1124
2081-1072-1159
2082-1106-1194
2083-1139-1230
2084-1173-1266
2085-1207-1302
2086-1242-1338
2087-1275-1374
2088-1309-1410
2089-1342-1445
2090-1375-1480
2091-1407-1515
2092-1439-1549
2093-1471-1583
2094-1503-1617
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