Proposed Provision: Price indexing of PIA factors beginning with those newly eligible for OASDI benefits in 2023: Reduce factors so that initial benefits grow by inflation rather than by the SSA average wage index.

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
2026149149
2027132133
2028115117
202998100
20308184
20316468
20324652
20332735
2034818
2035-111
2036-30-15
2037-50-32
2038-71-49
2039-91-65
2040-112-82
2041-133-98
2042-154-113
2043-176-129
2044-197-143
2045-218-157
2046-240-171
2047-262-184
2048-283-196
2049-305-207
2050-327-218
2051-349-227
2052-371-236
2053-393-244
2054-415-251
2055-437-257
2056-460-262
2057-482-267
2058-506-270
2059-529-273
2060-553-275
2061-578-276
2062-603-276
2063-628-276
2064-654-274
2065-680-272
2066-706-269
2067-733-264
2068-760-259
2069-788-253
2070-816-246
2071-845-237
2072-874-228
2073-905-218
2074-935-206
2075-967-194
2076-1000-180
2077-1033-164
2078-1068-147
2079-1102-129
2080-1138-109
2081-1173-87
2082-1208-63
2083-1243-37
2084-1279-10
2085-131420
2086-134951
2087-138484
2088-1419118
2089-1455155
2090-1491193
2091-1528233
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