Proposed Provision: B3.14. Beginning with those newly eligible for OASDI benefits in 2024, reduce the 15 percent PIA factor by 2 percentage points per year so that it reaches 5 percent for those newly eligible in 2028 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2022 | 230 | 230 |
| 2023 | 211 | 211 |
| 2024 | 194 | 194 |
| 2025 | 177 | 177 |
| 2026 | 160 | 160 |
| 2027 | 143 | 143 |
| 2028 | 126 | 126 |
| 2029 | 109 | 109 |
| 2030 | 91 | 92 |
| 2031 | 74 | 75 |
| 2032 | 57 | 58 |
| 2033 | 39 | 40 |
| 2034 | 21 | 23 |
| 2035 | 3 | 5 |
| 2036 | -16 | -13 |
| 2037 | -35 | -31 |
| 2038 | -54 | -50 |
| 2039 | -74 | -70 |
| 2040 | -95 | -89 |
| 2041 | -116 | -109 |
| 2042 | -137 | -129 |
| 2043 | -158 | -149 |
| 2044 | -180 | -169 |
| 2045 | -202 | -190 |
| 2046 | -224 | -210 |
| 2047 | -246 | -231 |
| 2048 | -268 | -252 |
| 2049 | -291 | -273 |
| 2050 | -313 | -293 |
| 2051 | -336 | -315 |
| 2052 | -359 | -336 |
| 2053 | -383 | -357 |
| 2054 | -406 | -378 |
| 2055 | -430 | -400 |
| 2056 | -453 | -421 |
| 2057 | -477 | -443 |
| 2058 | -501 | -465 |
| 2059 | -525 | -487 |
| 2060 | -550 | -510 |
| 2061 | -575 | -533 |
| 2062 | -601 | -556 |
| 2063 | -627 | -580 |
| 2064 | -654 | -604 |
| 2065 | -681 | -629 |
| 2066 | -708 | -654 |
| 2067 | -736 | -679 |
| 2068 | -764 | -705 |
| 2069 | -792 | -730 |
| 2070 | -821 | -757 |
| 2071 | -850 | -783 |
| 2072 | -880 | -811 |
| 2073 | -910 | -838 |
| 2074 | -940 | -866 |
| 2075 | -971 | -894 |
| 2076 | -1003 | -924 |
| 2077 | -1036 | -954 |
| 2078 | -1069 | -984 |
| 2079 | -1104 | -1016 |
| 2080 | -1139 | -1049 |
| 2081 | -1175 | -1082 |
| 2082 | -1212 | -1115 |
| 2083 | -1249 | -1149 |
| 2084 | -1286 | -1184 |
| 2085 | -1324 | -1219 |
| 2086 | -1363 | -1254 |
| 2087 | -1402 | -1290 |
| 2088 | -1442 | -1326 |
| 2089 | -1481 | -1362 |
| 2090 | -1520 | -1397 |
| 2091 | -1558 | -1432 |
| 2092 | -1595 | -1466 |
| 2093 | -1632 | -1499 |
| 2094 | -1668 | -1532 |
| 2095 | -1703 | -1564 |
| 2096 | -1738 | -1596 |
| 2097 | -1773 | -1627 |
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