Proposed Provision: Beginning with those newly eligible for OASI benefits in 2026, multiply the PIA factors by the ratio of life expectancy at 67 for 2021 to the life expectancy at age 67 for the 4th year prior to the year of benefit eligibility. Unisex life expectancies, based on period life tables as computed by SSA's Office of the Chief Actuary, are used to determine the ratio. 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.

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

Year Present Law Provision
2016303303
2017293293
2018277277
2019262262
2020246246
2021231231
2022216216
2023200200
2024183183
2025165165
2026149149
2027132132
2028115115
20299898
20308181
20316464
20324646
20332728
203489
2035-11-10
2036-30-29
2037-50-49
2038-71-69
2039-91-89
2040-112-110
2041-133-130
2042-154-151
2043-176-172
2044-197-192
2045-218-213
2046-240-234
2047-262-254
2048-283-275
2049-305-296
2050-327-316
2051-349-337
2052-371-357
2053-393-378
2054-415-398
2055-437-419
2056-460-439
2057-482-460
2058-506-481
2059-529-502
2060-553-524
2061-578-545
2062-603-568
2063-628-590
2064-654-613
2065-680-636
2066-706-659
2067-733-682
2068-760-706
2069-788-730
2070-816-754
2071-845-779
2072-874-804
2073-905-830
2074-935-857
2075-967-884
2076-1000-912
2077-1033-940
2078-1068-969
2079-1102-998
2080-1138-1028
2081-1173-1058
2082-1208-1087
2083-1243-1117
2084-1279-1146
2085-1314-1175
2086-1349-1204
2087-1384-1233
2088-1419-1262
2089-1455-1291
2090-1491-1321
2091-1528-1351
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