Proposed Provision: B3.15. Increase the 90 percent PIA formula factor to 91 percent for beneficiaries newly eligible in 2026, 92 percent for those newly eligible in 2027, ..., reaching 95 percent for those newly eligible in 2030 and later.

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

Year Current Law Provision
2021253253
2022231231
2023214214
2024196196
2025178178
2026159159
2027141141
2028122122
2029104104
20308584
20316665
20324646
20332726
203476
2035-13-14
2036-33-35
2037-54-56
2038-76-78
2039-97-101
2040-119-123
2041-142-146
2042-165-170
2043-188-194
2044-211-218
2045-235-242
2046-258-267
2047-282-292
2048-306-317
2049-330-342
2050-354-367
2051-378-393
2052-403-418
2053-427-444
2054-452-470
2055-477-497
2056-502-523
2057-527-550
2058-552-577
2059-578-604
2060-604-631
2061-630-659
2062-657-688
2063-684-716
2064-712-746
2065-740-776
2066-768-806
2067-796-836
2068-825-867
2069-855-898
2070-884-930
2071-914-961
2072-945-994
2073-976-1027
2074-1007-1060
2075-1039-1094
2076-1071-1128
2077-1105-1164
2078-1139-1201
2079-1175-1238
2080-1211-1277
2081-1248-1316
2082-1286-1356
2083-1324-1396
2084-1363-1438
2085-1403-1480
2086-1443-1522
2087-1483-1565
2088-1524-1609
2089-1564-1652
2090-1604-1694
2091-1643-1735
2092-1681-1776
2093-1718-1815
2094-1754-1853
2095-1789-1892
2096-1825-1929
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