Proposed Provision: B6.5. Starting in 2024, 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 |
| 2021 | 253 | 253 |
| 2022 | 231 | 231 |
| 2023 | 214 | 214 |
| 2024 | 196 | 193 |
| 2025 | 178 | 174 |
| 2026 | 159 | 155 |
| 2027 | 141 | 136 |
| 2028 | 122 | 116 |
| 2029 | 104 | 97 |
| 2030 | 85 | 77 |
| 2031 | 66 | 57 |
| 2032 | 46 | 37 |
| 2033 | 27 | 16 |
| 2034 | 7 | -4 |
| 2035 | -13 | -25 |
| 2036 | -33 | -47 |
| 2037 | -54 | -69 |
| 2038 | -76 | -92 |
| 2039 | -97 | -115 |
| 2040 | -119 | -138 |
| 2041 | -142 | -161 |
| 2042 | -165 | -186 |
| 2043 | -188 | -210 |
| 2044 | -211 | -235 |
| 2045 | -235 | -260 |
| 2046 | -258 | -285 |
| 2047 | -282 | -310 |
| 2048 | -306 | -335 |
| 2049 | -330 | -361 |
| 2050 | -354 | -386 |
| 2051 | -378 | -412 |
| 2052 | -403 | -438 |
| 2053 | -427 | -464 |
| 2054 | -452 | -490 |
| 2055 | -477 | -517 |
| 2056 | -502 | -543 |
| 2057 | -527 | -570 |
| 2058 | -552 | -596 |
| 2059 | -578 | -623 |
| 2060 | -604 | -650 |
| 2061 | -630 | -678 |
| 2062 | -657 | -706 |
| 2063 | -684 | -735 |
| 2064 | -712 | -764 |
| 2065 | -740 | -793 |
| 2066 | -768 | -823 |
| 2067 | -796 | -853 |
| 2068 | -825 | -883 |
| 2069 | -855 | -914 |
| 2070 | -884 | -945 |
| 2071 | -914 | -976 |
| 2072 | -945 | -1008 |
| 2073 | -976 | -1040 |
| 2074 | -1007 | -1073 |
| 2075 | -1039 | -1106 |
| 2076 | -1071 | -1140 |
| 2077 | -1105 | -1176 |
| 2078 | -1139 | -1212 |
| 2079 | -1175 | -1249 |
| 2080 | -1211 | -1287 |
| 2081 | -1248 | -1326 |
| 2082 | -1286 | -1365 |
| 2083 | -1324 | -1406 |
| 2084 | -1363 | -1447 |
| 2085 | -1403 | -1488 |
| 2086 | -1443 | -1530 |
| 2087 | -1483 | -1572 |
| 2088 | -1524 | -1615 |
| 2089 | -1564 | -1658 |
| 2090 | -1604 | -1700 |
| 2091 | -1643 | -1741 |
| 2092 | -1681 | -1781 |
| 2093 | -1718 | -1820 |
| 2094 | -1754 | -1858 |
| 2095 | -1789 | -1896 |
| 2096 | -1825 | -1933 |
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