Proposed Provision: B1.5. Progressive price indexing (60th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2033: Create a new bend point at the 60th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 60th percentile and below. Reduce the 32 and 15 percent factors above the 60th percentile such that the initial benefit for a worker with AIME equal to the taxable maximum grows by inflation rather than the growth in the SSA average wage index.

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

Year Current Law Provision
2026151151
2027131131
2028111111
20299292
20307474
20315757
20324040
20332323
203477
2035-9-9
2036-25-25
2037-41-41
2038-58-58
2039-76-76
2040-94-94
2041-112-112
2042-132-131
2043-151-151
2044-171-170
2045-192-191
2046-213-212
2047-234-233
2048-256-254
2049-279-276
2050-301-298
2051-324-320
2052-347-343
2053-371-365
2054-395-388
2055-420-412
2056-445-435
2057-470-459
2058-496-484
2059-522-509
2060-550-534
2061-578-561
2062-607-587
2063-636-615
2064-666-643
2065-697-671
2066-729-700
2067-761-730
2068-794-760
2069-827-790
2070-861-821
2071-896-852
2072-931-885
2073-967-917
2074-1004-950
2075-1042-985
2076-1081-1020
2077-1121-1055
2078-1162-1092
2079-1204-1130
2080-1248-1168
2081-1292-1207
2082-1337-1247
2083-1384-1287
2084-1431-1329
2085-1480-1371
2086-1530-1414
2087-1581-1458
2088-1633-1503
2089-1686-1548
2090-1740-1594
2091-1795-1641
2092-1850-1687
2093-1906-1734
2094-1962-1781
2095-2019-1828
2096-2075-1875
2097-2132-1922
2098-2189-1969
2099-2246-2016
2100-2303-2062
2101-2359-2108
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