Proposed Provision: B3.17. Increase the current-law first bend point by 22 percent and increase the 90 percent PIA factor to 95 percent for all beneficiaries eligible for benefits as of January 2027 and for those newly eligible for benefits after 2026. This provision will result in an approximate $250 increase in PIA for most workers newly eligible for retirement or disability benefits in 2027.

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

Year Current Law Provision
2026151151
2027131120
202811194
20299269
20307445
20315722
203240-1
203323-24
20347-46
2035-9-69
2036-25-91
2037-41-114
2038-58-137
2039-76-161
2040-94-186
2041-112-211
2042-132-237
2043-151-263
2044-171-290
2045-192-317
2046-213-346
2047-234-374
2048-256-403
2049-279-433
2050-301-462
2051-324-492
2052-347-522
2053-371-553
2054-395-583
2055-420-615
2056-445-646
2057-470-678
2058-496-710
2059-522-743
2060-550-777
2061-578-812
2062-607-847
2063-636-883
2064-666-920
2065-697-958
2066-729-996
2067-761-1035
2068-794-1075
2069-827-1115
2070-861-1156
2071-896-1197
2072-931-1240
2073-967-1283
2074-1004-1327
2075-1042-1372
2076-1081-1418
2077-1121-1466
2078-1162-1515
2079-1204-1565
2080-1248-1617
2081-1292-1670
2082-1337-1723
2083-1384-1779
2084-1431-1835
2085-1480-1893
2086-1530-1953
2087-1581-2014
2088-1633-2076
2089-1686-2139
2090-1740-2204
2091-1795-2270
2092-1850-2336
2093-1906-2403
2094-1962-2470
2095-2019-2538
2096-2075-2606
2097-2132-2674
2098-2189-2742
2099-2246-2810
2100-2303-2878
2101-2359-2946
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