Detailed Single Year Tables
Description of Proposed Provision:
B1.1: Price indexing of PIA factors beginning with those newly eligible for OASDI benefits in 2032: Reduce factors so that initial benefits grow by inflation rather than by the SSA average wage index.
Financial Estimates for the OASDI Trust Fund Program
Proposal | Change from Current Law | ||||||||
---|---|---|---|---|---|---|---|---|---|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
2026 | 15.29 | 13.03 | -2.25 | 149 | 0.00 | 0.00 | 0.00 | ||
2027 | 15.48 | 13.08 | -2.39 | 131 | 0.00 | 0.00 | 0.00 | ||
2028 | 15.59 | 13.11 | -2.48 | 113 | 0.00 | 0.00 | 0.00 | ||
2029 | 15.69 | 13.14 | -2.55 | 95 | 0.00 | 0.00 | 0.00 | ||
2030 | 15.80 | 13.16 | -2.64 | 78 | 0.00 | 0.00 | 0.00 | ||
2031 | 15.91 | 13.18 | -2.73 | 60 | 0.00 | 0.00 | 0.00 | ||
2032 | 16.00 | 13.20 | -2.80 | 43 | -0.00 | -0.00 | 0.00 | ||
2033 | 16.07 | 13.24 | -2.82 | 26 | -0.01 | -0.00 | 0.01 | ||
2034 | 16.13 | 13.26 | -2.87 | 9 | -0.01 | -0.00 | 0.01 | ||
2035 | 16.20 | 13.27 | -2.93 | — | -0.03 | -0.00 | 0.03 | ||
2036 | 16.28 | 13.28 | -2.99 | — | -0.05 | -0.00 | 0.04 | ||
2037 | 16.34 | 13.29 | -3.05 | — | -0.07 | -0.00 | 0.07 | ||
2038 | 16.38 | 13.30 | -3.08 | — | -0.11 | -0.00 | 0.10 | ||
2039 | 16.40 | 13.30 | -3.10 | — | -0.15 | -0.01 | 0.15 | ||
2040 | 16.40 | 13.31 | -3.09 | — | -0.21 | -0.01 | 0.20 | ||
2041 | 16.38 | 13.31 | -3.07 | — | -0.27 | -0.01 | 0.26 | ||
2042 | 16.34 | 13.31 | -3.03 | — | -0.34 | -0.02 | 0.32 | ||
2043 | 16.29 | 13.31 | -2.98 | — | -0.42 | -0.02 | 0.40 | ||
2044 | 16.23 | 13.31 | -2.92 | — | -0.51 | -0.03 | 0.49 | ||
2045 | 16.16 | 13.30 | -2.86 | — | -0.61 | -0.03 | 0.58 | ||
2046 | 16.09 | 13.30 | -2.78 | — | -0.72 | -0.04 | 0.68 | ||
2047 | 16.01 | 13.30 | -2.71 | — | -0.83 | -0.04 | 0.79 | ||
2048 | 15.92 | 13.30 | -2.63 | — | -0.95 | -0.05 | 0.90 | ||
2049 | 15.84 | 13.29 | -2.55 | — | -1.08 | -0.06 | 1.02 | ||
2050 | 15.76 | 13.29 | -2.46 | — | -1.21 | -0.06 | 1.15 | ||
2051 | 15.67 | 13.29 | -2.38 | — | -1.35 | -0.07 | 1.28 | ||
2052 | 15.58 | 13.29 | -2.29 | — | -1.50 | -0.08 | 1.42 | ||
2053 | 15.49 | 13.28 | -2.21 | — | -1.65 | -0.09 | 1.56 | ||
2054 | 15.41 | 13.28 | -2.13 | — | -1.81 | -0.10 | 1.71 | ||
2055 | 15.33 | 13.28 | -2.06 | — | -1.97 | -0.11 | 1.86 | ||
2056 | 15.25 | 13.27 | -1.98 | — | -2.13 | -0.12 | 2.01 | ||
2057 | 15.18 | 13.27 | -1.91 | — | -2.30 | -0.13 | 2.17 | ||
2058 | 15.10 | 13.27 | -1.83 | — | -2.47 | -0.14 | 2.33 | ||
2059 | 15.02 | 13.27 | -1.75 | — | -2.64 | -0.15 | 2.49 | ||
2060 | 14.93 | 13.26 | -1.67 | — | -2.81 | -0.16 | 2.65 | ||
2061 | 14.84 | 13.26 | -1.58 | — | -2.98 | -0.17 | 2.81 | ||
2062 | 14.74 | 13.25 | -1.49 | — | -3.15 | -0.18 | 2.97 | ||
2063 | 14.64 | 13.25 | -1.39 | — | -3.32 | -0.19 | 3.13 | ||
2064 | 14.54 | 13.25 | -1.30 | — | -3.49 | -0.20 | 3.28 | ||
2065 | 14.45 | 13.24 | -1.20 | — | -3.65 | -0.21 | 3.44 | ||
2066 | 14.35 | 13.24 | -1.11 | — | -3.82 | -0.22 | 3.60 | ||
2067 | 14.25 | 13.23 | -1.02 | — | -3.98 | -0.23 | 3.75 | ||
2068 | 14.16 | 13.23 | -0.93 | — | -4.15 | -0.24 | 3.91 | ||
2069 | 14.06 | 13.22 | -0.84 | — | -4.32 | -0.25 | 4.06 | ||
2070 | 13.98 | 13.22 | -0.76 | — | -4.48 | -0.26 | 4.22 | ||
2071 | 13.88 | 13.22 | -0.67 | — | -4.65 | -0.27 | 4.37 | ||
2072 | 13.79 | 13.21 | -0.58 | — | -4.81 | -0.28 | 4.53 | ||
2073 | 13.70 | 13.21 | -0.49 | — | -4.97 | -0.29 | 4.68 | ||
2074 | 13.61 | 13.20 | -0.40 | — | -5.13 | -0.30 | 4.83 | ||
2075 | 13.51 | 13.20 | -0.31 | — | -5.29 | -0.31 | 4.98 | ||
2076 | 13.40 | 13.19 | -0.21 | — | -5.45 | -0.32 | 5.13 | ||
2077 | 13.29 | 13.19 | -0.10 | — | -5.60 | -0.33 | 5.27 | ||
2078 | 13.18 | 13.18 | 0.00 | — | -5.75 | -0.34 | 5.41 | ||
2079 | 13.05 | 13.17 | 0.12 | — | -5.89 | -0.35 | 5.54 | ||
2080 | 12.92 | 13.17 | 0.24 | — | -6.03 | -0.36 | 5.67 | ||
2081 | 12.79 | 13.16 | 0.37 | — | -6.17 | -0.37 | 5.80 | ||
2082 | 12.65 | 13.15 | 0.50 | — | -6.30 | -0.38 | 5.92 | ||
2083 | 12.51 | 13.14 | 0.64 | — | -6.43 | -0.39 | 6.04 | ||
2084 | 12.36 | 13.13 | 0.78 | — | -6.55 | -0.39 | 6.16 | ||
2085 | 12.20 | 13.13 | 0.92 | — | -6.66 | -0.40 | 6.26 | ||
2086 | 12.05 | 13.12 | 1.07 | — | -6.78 | -0.41 | 6.37 | ||
2087 | 11.88 | 13.11 | 1.22 | — | -6.88 | -0.41 | 6.47 | ||
2088 | 11.72 | 13.10 | 1.38 | — | -6.98 | -0.42 | 6.56 | ||
2089 | 11.56 | 13.09 | 1.53 | — | -7.08 | -0.43 | 6.66 | ||
2090 | 11.40 | 13.08 | 1.68 | — | -7.18 | -0.43 | 6.75 | ||
2091 | 11.24 | 13.07 | 1.83 | — | -7.28 | -0.44 | 6.84 | ||
2092 | 11.08 | 13.06 | 1.97 | — | -7.38 | -0.44 | 6.94 | ||
2093 | 10.94 | 13.05 | 2.11 | — | -7.49 | -0.45 | 7.03 | ||
2094 | 10.79 | 13.04 | 2.25 | — | -7.59 | -0.46 | 7.13 | ||
2095 | 10.66 | 13.03 | 2.37 | — | -7.70 | -0.46 | 7.24 | ||
2096 | 10.53 | 13.02 | 2.49 | — | -7.81 | -0.47 | 7.34 | ||
2097 | 10.41 | 13.02 | 2.61 | — | -7.92 | -0.48 | 7.45 | ||
2098 | 10.29 | 13.01 | 2.72 | — | -8.04 | -0.49 | 7.56 | ||
2099 | 10.18 | 13.00 | 2.83 | — | -8.16 | -0.49 | 7.67 | ||
2100 | 10.07 | 13.00 | 2.93 | — | -8.28 | -0.50 | 7.78 |
Summarized Estimates
Proposal | Change from Current Law | ||||||||
---|---|---|---|---|---|---|---|---|---|
Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
2025-2099 | 14.60% | 13.61% | -0.99% | 2034 | -3.01% | -0.17% | 2.84% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
Based on Intermediate Assumptions of the 2025 Trustees Report.