Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2017, multiply the 32 and 15 percent PIA factors each year by 0.987. Stop reductions after 2047, when the factors reach 21 percent and 10 percent, respectively.

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

Year Present Law Provision
2016303303
2017293293
2018277277
2019262262
2020246247
2021231232
2022216217
2023200201
2024183185
2025165169
2026149153
2027132137
2028115122
202998106
20308191
20316475
20324660
20332744
2034828
2035-1112
2036-30-5
2037-50-21
2038-71-37
2039-91-54
2040-112-70
2041-133-86
2042-154-102
2043-176-118
2044-197-133
2045-218-148
2046-240-163
2047-262-177
2048-283-191
2049-305-205
2050-327-218
2051-349-231
2052-371-243
2053-393-255
2054-415-267
2055-437-278
2056-460-289
2057-482-300
2058-506-311
2059-529-322
2060-553-332
2061-578-343
2062-603-354
2063-628-365
2064-654-376
2065-680-387
2066-706-398
2067-733-409
2068-760-420
2069-788-432
2070-816-444
2071-845-456
2072-874-468
2073-905-480
2074-935-493
2075-967-507
2076-1000-520
2077-1033-534
2078-1068-549
2079-1102-563
2080-1138-578
2081-1173-593
2082-1208-607
2083-1243-622
2084-1279-636
2085-1314-651
2086-1349-665
2087-1384-679
2088-1419-694
2089-1455-709
2090-1491-725
2091-1528-740
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