Proposed Provision: B6.5. Starting in 2023, 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 |
| 2020 | 261 | 261 |
| 2021 | 248 | 248 |
| 2022 | 233 | 233 |
| 2023 | 217 | 214 |
| 2024 | 200 | 196 |
| 2025 | 183 | 178 |
| 2026 | 165 | 160 |
| 2027 | 148 | 141 |
| 2028 | 130 | 123 |
| 2029 | 112 | 104 |
| 2030 | 94 | 85 |
| 2031 | 76 | 66 |
| 2032 | 58 | 47 |
| 2033 | 39 | 27 |
| 2034 | 20 | 7 |
| 2035 | 1 | -13 |
| 2036 | -19 | -34 |
| 2037 | -38 | -55 |
| 2038 | -59 | -77 |
| 2039 | -80 | -99 |
| 2040 | -101 | -121 |
| 2041 | -122 | -143 |
| 2042 | -144 | -166 |
| 2043 | -166 | -190 |
| 2044 | -188 | -213 |
| 2045 | -210 | -237 |
| 2046 | -232 | -261 |
| 2047 | -255 | -285 |
| 2048 | -277 | -308 |
| 2049 | -299 | -332 |
| 2050 | -322 | -356 |
| 2051 | -344 | -380 |
| 2052 | -367 | -404 |
| 2053 | -389 | -428 |
| 2054 | -412 | -452 |
| 2055 | -434 | -477 |
| 2056 | -457 | -501 |
| 2057 | -480 | -526 |
| 2058 | -504 | -550 |
| 2059 | -527 | -575 |
| 2060 | -551 | -600 |
| 2061 | -575 | -626 |
| 2062 | -599 | -652 |
| 2063 | -624 | -678 |
| 2064 | -650 | -705 |
| 2065 | -676 | -732 |
| 2066 | -702 | -760 |
| 2067 | -728 | -787 |
| 2068 | -755 | -816 |
| 2069 | -782 | -844 |
| 2070 | -809 | -873 |
| 2071 | -837 | -902 |
| 2072 | -866 | -932 |
| 2073 | -895 | -963 |
| 2074 | -925 | -994 |
| 2075 | -955 | -1026 |
| 2076 | -986 | -1059 |
| 2077 | -1018 | -1092 |
| 2078 | -1051 | -1126 |
| 2079 | -1084 | -1162 |
| 2080 | -1119 | -1198 |
| 2081 | -1154 | -1235 |
| 2082 | -1190 | -1273 |
| 2083 | -1226 | -1311 |
| 2084 | -1263 | -1350 |
| 2085 | -1300 | -1389 |
| 2086 | -1337 | -1428 |
| 2087 | -1374 | -1467 |
| 2088 | -1411 | -1506 |
| 2089 | -1448 | -1545 |
| 2090 | -1484 | -1583 |
| 2091 | -1520 | -1621 |
| 2092 | -1554 | -1658 |
| 2093 | -1589 | -1694 |
| 2094 | -1623 | -1730 |
| 2095 | -1657 | -1766 |
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