Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2020, multiply all PIA factors each year by 0.991. Stop reductions after 2048. Disabled workers are: (a) not affected prior to normal retirement age; and (b) subject to a proportional reduction in benefits, based on the worker's years of disability, upon conversion to retired-worker beneficiary status. Young survivors (children of deceased workers and surviving spouses with a child in care) are not affected.

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

Year Present Law Provision
2016303303
2017293293
2018277277
2019262262
2020246246
2021231231
2022216216
2023200200
2024183183
2025165166
2026149150
2027132133
2028115117
202998101
20308185
20316469
20324652
20332735
2034818
2035-111
2036-30-17
2037-50-34
2038-71-52
2039-91-69
2040-112-87
2041-133-105
2042-154-122
2043-176-139
2044-197-156
2045-218-172
2046-240-188
2047-262-204
2048-283-220
2049-305-235
2050-327-250
2051-349-264
2052-371-278
2053-393-291
2054-415-304
2055-437-316
2056-460-329
2057-482-340
2058-506-352
2059-529-364
2060-553-375
2061-578-386
2062-603-397
2063-628-409
2064-654-420
2065-680-431
2066-706-442
2067-733-453
2068-760-464
2069-788-475
2070-816-486
2071-845-498
2072-874-509
2073-905-521
2074-935-534
2075-967-546
2076-1000-559
2077-1033-573
2078-1068-586
2079-1102-600
2080-1138-614
2081-1173-628
2082-1208-641
2083-1243-655
2084-1279-669
2085-1314-682
2086-1349-696
2087-1384-709
2088-1419-723
2089-1455-737
2090-1491-752
2091-1528-767
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