Proposed Provision: B5.6. Beginning for those newly eligible in 2026, reconfigure the special minimum benefit: (a) A year of coverage is defined to be either a year in which 4 quarters of coverage are earned or a child is in care. Childcare years are granted to parents who have a child under 6, with a limit of 5 such years. (b) At implementation, set the PIA for 30 years of coverage equal to 100 percent of the monthly poverty level (about $1,304 in 2025). For those with under 30 years of coverage, the PIA per year of coverage over 10 years is $1,304/20 = $65.21. (c) From 2025 to the year of implementation, 2026, index the PIA per year of coverage using the CPI index. Then, for later years, index the PIA per year of coverage by wage growth for successive cohorts. (d) Scale work requirements for disabled workers, based on the number of years of non-disabled potential work.

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
2038-63-64
2039-83-84
2040-102-104
2041-122-124
2042-143-145
2043-164-166
2044-185-187
2045-206-209
2046-228-231
2047-250-253
2048-272-275
2049-295-298
2050-317-321
2051-340-344
2052-363-367
2053-386-390
2054-409-414
2055-433-438
2056-457-462
2057-481-486
2058-505-511
2059-530-536
2060-556-562
2061-582-589
2062-609-616
2063-636-643
2064-664-672
2065-692-700
2066-721-729
2067-750-759
2068-780-789
2069-810-819
2070-840-850
2071-871-881
2072-903-913
2073-935-946
2074-967-978
2075-1000-1012
2076-1035-1047
2077-1070-1082
2078-1106-1119
2079-1142-1156
2080-1180-1194
2081-1219-1233
2082-1258-1272
2083-1298-1313
2084-1338-1354
2085-1380-1396
2086-1423-1439
2087-1466-1483
2088-1510-1528
2089-1554-1572
2090-1599-1617
2091-1643-1662
2092-1687-1707
2093-1731-1751
2094-1774-1794
2095-1816-1837
2096-1858-1880
2097-1900-1922
2098-1941-1964
2099-1982-2005
2100-2022-2046
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