Proposed Provision: B5.2. Beginning for those newly eligible in 2026, reconfigure the special minimum benefit: (a) A year of coverage is defined as a year in which 4 quarters of coverage are earned. (b) At implementation, set the PIA for 30 years of coverage equal to 125 percent of the monthly poverty level (about $1,569 in 2024). For those with under 30 years of coverage, the PIA per year of coverage over 10 years is $1,569/20 = $78.45. (c) Index the initial PIA per year of coverage by wage growth for successive cohorts.

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

Year Current Law Provision
2025169169
2026149149
2027131131
2028113113
20299595
20307878
20316060
20324343
20332625
203498
2035-9-10
2036-27-27
2037-45-46
2038-63-65
2039-83-84
2040-102-104
2041-122-124
2042-143-145
2043-164-166
2044-185-188
2045-206-209
2046-228-231
2047-250-254
2048-272-276
2049-295-299
2050-317-322
2051-340-345
2052-363-368
2053-386-392
2054-409-416
2055-433-440
2056-457-464
2057-481-488
2058-505-513
2059-530-539
2060-556-565
2061-582-592
2062-609-619
2063-636-647
2064-664-675
2065-692-704
2066-721-733
2067-750-763
2068-780-793
2069-810-824
2070-840-855
2071-871-886
2072-903-919
2073-935-951
2074-967-984
2075-1000-1018
2076-1035-1053
2077-1070-1089
2078-1106-1125
2079-1142-1163
2080-1180-1201
2081-1219-1241
2082-1258-1280
2083-1298-1321
2084-1338-1363
2085-1380-1405
2086-1423-1449
2087-1466-1493
2088-1510-1538
2089-1554-1583
2090-1599-1628
2091-1643-1673
2092-1687-1718
2093-1731-1763
2094-1774-1807
2095-1816-1850
2096-1858-1893
2097-1900-1935
2098-1941-1977
2099-1982-2019
2100-2022-2060
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