Detailed Single Year Tables
Description of Proposed Provision:
B1.4: Progressive price indexing (50th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2032: Create a new bend point at the 50th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 50th percentile and below. Reduce the 32 and 15 percent factors above the 50th percentile such that the initial benefit for a worker with AIME equal to the taxable maximum grows by inflation rather than the growth in 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 | -2.83 | 26 | -0.00 | -0.00 | 0.00 | ||
| 2034 | 16.14 | 13.26 | -2.88 | 9 | -0.00 | -0.00 | 0.00 | ||
| 2035 | 16.22 | 13.28 | -2.95 | — | -0.01 | -0.00 | 0.01 | ||
| 2036 | 16.31 | 13.29 | -3.03 | — | -0.01 | -0.00 | 0.01 | ||
| 2037 | 16.39 | 13.29 | -3.10 | — | -0.02 | -0.00 | 0.02 | ||
| 2038 | 16.46 | 13.30 | -3.16 | — | -0.03 | -0.00 | 0.03 | ||
| 2039 | 16.51 | 13.31 | -3.20 | — | -0.04 | -0.00 | 0.04 | ||
| 2040 | 16.54 | 13.31 | -3.23 | — | -0.06 | -0.00 | 0.06 | ||
| 2041 | 16.56 | 13.32 | -3.25 | — | -0.08 | -0.00 | 0.08 | ||
| 2042 | 16.57 | 13.32 | -3.25 | — | -0.11 | -0.01 | 0.10 | ||
| 2043 | 16.57 | 13.32 | -3.25 | — | -0.14 | -0.01 | 0.13 | ||
| 2044 | 16.57 | 13.32 | -3.25 | — | -0.18 | -0.01 | 0.17 | ||
| 2045 | 16.56 | 13.32 | -3.24 | — | -0.21 | -0.01 | 0.20 | ||
| 2046 | 16.55 | 13.32 | -3.23 | — | -0.25 | -0.01 | 0.24 | ||
| 2047 | 16.54 | 13.33 | -3.21 | — | -0.30 | -0.02 | 0.28 | ||
| 2048 | 16.53 | 13.33 | -3.21 | — | -0.34 | -0.02 | 0.32 | ||
| 2049 | 16.53 | 13.33 | -3.20 | — | -0.39 | -0.02 | 0.37 | ||
| 2050 | 16.52 | 13.33 | -3.19 | — | -0.45 | -0.03 | 0.42 | ||
| 2051 | 16.52 | 13.33 | -3.19 | — | -0.50 | -0.03 | 0.47 | ||
| 2052 | 16.52 | 13.33 | -3.19 | — | -0.56 | -0.03 | 0.53 | ||
| 2053 | 16.52 | 13.34 | -3.19 | — | -0.62 | -0.04 | 0.58 | ||
| 2054 | 16.53 | 13.34 | -3.20 | — | -0.68 | -0.04 | 0.64 | ||
| 2055 | 16.55 | 13.34 | -3.21 | — | -0.75 | -0.04 | 0.71 | ||
| 2056 | 16.57 | 13.34 | -3.22 | — | -0.82 | -0.05 | 0.77 | ||
| 2057 | 16.59 | 13.35 | -3.24 | — | -0.89 | -0.05 | 0.83 | ||
| 2058 | 16.62 | 13.35 | -3.26 | — | -0.96 | -0.06 | 0.90 | ||
| 2059 | 16.63 | 13.35 | -3.28 | — | -1.03 | -0.06 | 0.96 | ||
| 2060 | 16.65 | 13.36 | -3.29 | — | -1.10 | -0.07 | 1.03 | ||
| 2061 | 16.65 | 13.36 | -3.30 | — | -1.16 | -0.07 | 1.09 | ||
| 2062 | 16.66 | 13.36 | -3.30 | — | -1.23 | -0.08 | 1.16 | ||
| 2063 | 16.66 | 13.36 | -3.30 | — | -1.30 | -0.08 | 1.22 | ||
| 2064 | 16.66 | 13.36 | -3.30 | — | -1.37 | -0.08 | 1.29 | ||
| 2065 | 16.66 | 13.37 | -3.30 | — | -1.44 | -0.09 | 1.35 | ||
| 2066 | 16.66 | 13.37 | -3.30 | — | -1.51 | -0.09 | 1.41 | ||
| 2067 | 16.66 | 13.37 | -3.29 | — | -1.57 | -0.10 | 1.48 | ||
| 2068 | 16.67 | 13.37 | -3.30 | — | -1.64 | -0.10 | 1.54 | ||
| 2069 | 16.67 | 13.37 | -3.30 | — | -1.71 | -0.11 | 1.60 | ||
| 2070 | 16.68 | 13.37 | -3.31 | — | -1.78 | -0.11 | 1.67 | ||
| 2071 | 16.68 | 13.38 | -3.31 | — | -1.84 | -0.11 | 1.73 | ||
| 2072 | 16.69 | 13.38 | -3.31 | — | -1.91 | -0.12 | 1.79 | ||
| 2073 | 16.69 | 13.38 | -3.32 | — | -1.98 | -0.12 | 1.86 | ||
| 2074 | 16.70 | 13.38 | -3.32 | — | -2.05 | -0.13 | 1.92 | ||
| 2075 | 16.69 | 13.38 | -3.31 | — | -2.11 | -0.13 | 1.98 | ||
| 2076 | 16.68 | 13.38 | -3.30 | — | -2.18 | -0.14 | 2.04 | ||
| 2077 | 16.66 | 13.38 | -3.27 | — | -2.24 | -0.14 | 2.10 | ||
| 2078 | 16.63 | 13.38 | -3.25 | — | -2.30 | -0.14 | 2.16 | ||
| 2079 | 16.59 | 13.38 | -3.21 | — | -2.36 | -0.15 | 2.21 | ||
| 2080 | 16.54 | 13.38 | -3.16 | — | -2.42 | -0.15 | 2.26 | ||
| 2081 | 16.49 | 13.37 | -3.11 | — | -2.47 | -0.16 | 2.32 | ||
| 2082 | 16.42 | 13.37 | -3.05 | — | -2.53 | -0.16 | 2.37 | ||
| 2083 | 16.36 | 13.37 | -2.99 | — | -2.58 | -0.16 | 2.42 | ||
| 2084 | 16.28 | 13.36 | -2.92 | — | -2.63 | -0.17 | 2.46 | ||
| 2085 | 16.20 | 13.36 | -2.84 | — | -2.67 | -0.17 | 2.51 | ||
| 2086 | 16.10 | 13.35 | -2.75 | — | -2.72 | -0.17 | 2.55 | ||
| 2087 | 16.01 | 13.35 | -2.66 | — | -2.76 | -0.17 | 2.58 | ||
| 2088 | 15.91 | 13.34 | -2.57 | — | -2.79 | -0.18 | 2.62 | ||
| 2089 | 15.81 | 13.33 | -2.48 | — | -2.83 | -0.18 | 2.65 | ||
| 2090 | 15.72 | 13.33 | -2.39 | — | -2.86 | -0.18 | 2.68 | ||
| 2091 | 15.63 | 13.32 | -2.30 | — | -2.89 | -0.18 | 2.71 | ||
| 2092 | 15.55 | 13.32 | -2.23 | — | -2.92 | -0.18 | 2.74 | ||
| 2093 | 15.47 | 13.31 | -2.16 | — | -2.95 | -0.19 | 2.76 | ||
| 2094 | 15.41 | 13.31 | -2.10 | — | -2.97 | -0.19 | 2.79 | ||
| 2095 | 15.36 | 13.31 | -2.05 | — | -3.00 | -0.19 | 2.81 | ||
| 2096 | 15.31 | 13.30 | -2.01 | — | -3.03 | -0.19 | 2.84 | ||
| 2097 | 15.28 | 13.30 | -1.98 | — | -3.05 | -0.19 | 2.86 | ||
| 2098 | 15.25 | 13.30 | -1.95 | — | -3.08 | -0.19 | 2.88 | ||
| 2099 | 15.24 | 13.30 | -1.94 | — | -3.10 | -0.20 | 2.90 | ||
| 2100 | 15.23 | 13.30 | -1.93 | — | -3.13 | -0.20 | 2.93 | ||
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 | 16.43% | 13.71% | -2.72% | 2034 | -1.18% | -0.07% | 1.11% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.