Proposed Provision: B5.7. Beginning for those newly eligible in 2028, reconfigure the special minimum benefit: (a) The number of years of work (YOWs) is determined as total quarters of coverage divided by 4, ignoring any fraction. 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+ YOWs equal to 100 percent of the monthly HHS poverty level for the year prior to eligibility. For workers between 11 and 29 YOWs, reduce the special minimum by 3 1/3 percentage points per YOW so that at 29 YOWs the minimum would be 96 2/3% of poverty, ..., down to 11 YOWs at 36 2/3% of poverty. No minimum for 10 or fewer YOWs.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2025 | 169 | 169 |
2026 | 149 | 149 |
2027 | 131 | 131 |
2028 | 113 | 113 |
2029 | 95 | 95 |
2030 | 78 | 78 |
2031 | 60 | 60 |
2032 | 43 | 43 |
2033 | 26 | 26 |
2034 | 9 | 8 |
2035 | -9 | -9 |
2036 | -27 | -27 |
2037 | -45 | -45 |
2038 | -63 | -64 |
2039 | -83 | -83 |
2040 | -102 | -103 |
2041 | -122 | -123 |
2042 | -143 | -144 |
2043 | -164 | -165 |
2044 | -185 | -186 |
2045 | -206 | -208 |
2046 | -228 | -229 |
2047 | -250 | -251 |
2048 | -272 | -274 |
2049 | -295 | -296 |
2050 | -317 | -319 |
2051 | -340 | -342 |
2052 | -363 | -365 |
2053 | -386 | -388 |
2054 | -409 | -412 |
2055 | -433 | -435 |
2056 | -457 | -459 |
2057 | -481 | -484 |
2058 | -505 | -508 |
2059 | -530 | -533 |
2060 | -556 | -559 |
2061 | -582 | -586 |
2062 | -609 | -613 |
2063 | -636 | -640 |
2064 | -664 | -668 |
2065 | -692 | -697 |
2066 | -721 | -725 |
2067 | -750 | -755 |
2068 | -780 | -785 |
2069 | -810 | -815 |
2070 | -840 | -845 |
2071 | -871 | -876 |
2072 | -903 | -908 |
2073 | -935 | -940 |
2074 | -967 | -973 |
2075 | -1000 | -1006 |
2076 | -1035 | -1041 |
2077 | -1070 | -1076 |
2078 | -1106 | -1112 |
2079 | -1142 | -1149 |
2080 | -1180 | -1187 |
2081 | -1219 | -1225 |
2082 | -1258 | -1265 |
2083 | -1298 | -1305 |
2084 | -1338 | -1346 |
2085 | -1380 | -1388 |
2086 | -1423 | -1430 |
2087 | -1466 | -1474 |
2088 | -1510 | -1518 |
2089 | -1554 | -1562 |
2090 | -1599 | -1607 |
2091 | -1643 | -1651 |
2092 | -1687 | -1696 |
2093 | -1731 | -1739 |
2094 | -1774 | -1782 |
2095 | -1816 | -1825 |
2096 | -1858 | -1867 |
2097 | -1900 | -1909 |
2098 | -1941 | -1950 |
2099 | -1982 | -1991 |
2100 | -2022 | -2031 |
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