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 2033: 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 |
|||
| 2026 | 15.37 | 12.91 | -2.45 | 151 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.62 | 12.85 | -2.77 | 131 | 0.00 | 0.00 | 0.00 | ||
| 2028 | 15.70 | 13.01 | -2.69 | 111 | 0.00 | 0.00 | 0.00 | ||
| 2029 | 15.74 | 13.06 | -2.68 | 92 | 0.00 | 0.00 | 0.00 | ||
| 2030 | 15.74 | 13.07 | -2.67 | 74 | 0.00 | 0.00 | 0.00 | ||
| 2031 | 15.72 | 13.09 | -2.64 | 57 | 0.00 | 0.00 | 0.00 | ||
| 2032 | 15.72 | 13.09 | -2.63 | 40 | 0.00 | 0.00 | 0.00 | ||
| 2033 | 15.72 | 13.13 | -2.59 | 23 | -0.00 | -0.00 | 0.00 | ||
| 2034 | 15.74 | 13.14 | -2.60 | 7 | -0.00 | -0.00 | 0.00 | ||
| 2035 | 15.77 | 13.16 | -2.60 | — | -0.00 | -0.00 | 0.00 | ||
| 2036 | 15.85 | 13.17 | -2.67 | — | -0.01 | -0.00 | 0.01 | ||
| 2037 | 15.94 | 13.18 | -2.76 | — | -0.02 | -0.00 | 0.01 | ||
| 2038 | 16.02 | 13.19 | -2.83 | — | -0.03 | -0.00 | 0.02 | ||
| 2039 | 16.09 | 13.19 | -2.90 | — | -0.04 | -0.00 | 0.04 | ||
| 2040 | 16.15 | 13.20 | -2.95 | — | -0.06 | -0.00 | 0.05 | ||
| 2041 | 16.20 | 13.20 | -3.00 | — | -0.08 | -0.00 | 0.07 | ||
| 2042 | 16.24 | 13.20 | -3.03 | — | -0.10 | -0.00 | 0.10 | ||
| 2043 | 16.28 | 13.21 | -3.07 | — | -0.14 | -0.01 | 0.13 | ||
| 2044 | 16.32 | 13.21 | -3.11 | — | -0.17 | -0.01 | 0.16 | ||
| 2045 | 16.37 | 13.21 | -3.15 | — | -0.21 | -0.01 | 0.20 | ||
| 2046 | 16.38 | 13.21 | -3.17 | — | -0.25 | -0.01 | 0.24 | ||
| 2047 | 16.40 | 13.22 | -3.19 | — | -0.30 | -0.01 | 0.28 | ||
| 2048 | 16.43 | 13.22 | -3.21 | — | -0.35 | -0.02 | 0.33 | ||
| 2049 | 16.45 | 13.22 | -3.23 | — | -0.40 | -0.02 | 0.38 | ||
| 2050 | 16.48 | 13.22 | -3.25 | — | -0.45 | -0.02 | 0.43 | ||
| 2051 | 16.51 | 13.23 | -3.28 | — | -0.51 | -0.03 | 0.49 | ||
| 2052 | 16.55 | 13.23 | -3.32 | — | -0.57 | -0.03 | 0.54 | ||
| 2053 | 16.60 | 13.23 | -3.37 | — | -0.64 | -0.03 | 0.60 | ||
| 2054 | 16.65 | 13.24 | -3.41 | — | -0.70 | -0.04 | 0.67 | ||
| 2055 | 16.70 | 13.24 | -3.46 | — | -0.77 | -0.04 | 0.73 | ||
| 2056 | 16.76 | 13.25 | -3.52 | — | -0.85 | -0.04 | 0.80 | ||
| 2057 | 16.82 | 13.25 | -3.57 | — | -0.92 | -0.05 | 0.87 | ||
| 2058 | 16.88 | 13.25 | -3.63 | — | -0.99 | -0.05 | 0.94 | ||
| 2059 | 16.94 | 13.26 | -3.68 | — | -1.07 | -0.06 | 1.01 | ||
| 2060 | 17.00 | 13.26 | -3.74 | — | -1.15 | -0.06 | 1.09 | ||
| 2061 | 17.05 | 13.27 | -3.78 | — | -1.22 | -0.07 | 1.16 | ||
| 2062 | 17.09 | 13.27 | -3.82 | — | -1.30 | -0.07 | 1.23 | ||
| 2063 | 17.14 | 13.27 | -3.86 | — | -1.38 | -0.07 | 1.30 | ||
| 2064 | 17.18 | 13.28 | -3.90 | — | -1.45 | -0.08 | 1.38 | ||
| 2065 | 17.21 | 13.28 | -3.93 | — | -1.53 | -0.08 | 1.45 | ||
| 2066 | 17.25 | 13.28 | -3.97 | — | -1.61 | -0.09 | 1.52 | ||
| 2067 | 17.29 | 13.29 | -4.00 | — | -1.68 | -0.09 | 1.59 | ||
| 2068 | 17.33 | 13.29 | -4.04 | — | -1.76 | -0.10 | 1.66 | ||
| 2069 | 17.37 | 13.29 | -4.08 | — | -1.84 | -0.10 | 1.74 | ||
| 2070 | 17.41 | 13.30 | -4.12 | — | -1.91 | -0.10 | 1.81 | ||
| 2071 | 17.45 | 13.30 | -4.16 | — | -1.99 | -0.11 | 1.88 | ||
| 2072 | 17.49 | 13.30 | -4.19 | — | -2.07 | -0.11 | 1.95 | ||
| 2073 | 17.53 | 13.30 | -4.23 | — | -2.14 | -0.12 | 2.03 | ||
| 2074 | 17.57 | 13.31 | -4.26 | — | -2.22 | -0.12 | 2.10 | ||
| 2075 | 17.60 | 13.31 | -4.29 | — | -2.30 | -0.13 | 2.17 | ||
| 2076 | 17.62 | 13.31 | -4.31 | — | -2.37 | -0.13 | 2.24 | ||
| 2077 | 17.64 | 13.31 | -4.32 | — | -2.45 | -0.13 | 2.31 | ||
| 2078 | 17.65 | 13.32 | -4.33 | — | -2.52 | -0.14 | 2.38 | ||
| 2079 | 17.64 | 13.32 | -4.33 | — | -2.59 | -0.14 | 2.45 | ||
| 2080 | 17.63 | 13.32 | -4.32 | — | -2.66 | -0.15 | 2.51 | ||
| 2081 | 17.62 | 13.32 | -4.30 | — | -2.72 | -0.15 | 2.58 | ||
| 2082 | 17.59 | 13.32 | -4.28 | — | -2.79 | -0.15 | 2.64 | ||
| 2083 | 17.56 | 13.31 | -4.25 | — | -2.86 | -0.16 | 2.70 | ||
| 2084 | 17.52 | 13.31 | -4.21 | — | -2.92 | -0.16 | 2.76 | ||
| 2085 | 17.47 | 13.31 | -4.16 | — | -2.98 | -0.16 | 2.81 | ||
| 2086 | 17.42 | 13.31 | -4.11 | — | -3.03 | -0.17 | 2.87 | ||
| 2087 | 17.35 | 13.30 | -4.05 | — | -3.08 | -0.17 | 2.91 | ||
| 2088 | 17.28 | 13.30 | -3.98 | — | -3.13 | -0.17 | 2.96 | ||
| 2089 | 17.21 | 13.30 | -3.91 | — | -3.18 | -0.18 | 3.00 | ||
| 2090 | 17.13 | 13.29 | -3.84 | — | -3.22 | -0.18 | 3.04 | ||
| 2091 | 17.05 | 13.29 | -3.76 | — | -3.26 | -0.18 | 3.08 | ||
| 2092 | 16.97 | 13.28 | -3.69 | — | -3.29 | -0.18 | 3.11 | ||
| 2093 | 16.90 | 13.28 | -3.62 | — | -3.33 | -0.18 | 3.14 | ||
| 2094 | 16.83 | 13.28 | -3.55 | — | -3.36 | -0.19 | 3.17 | ||
| 2095 | 16.76 | 13.27 | -3.49 | — | -3.39 | -0.19 | 3.20 | ||
| 2096 | 16.70 | 13.27 | -3.43 | — | -3.41 | -0.19 | 3.22 | ||
| 2097 | 16.64 | 13.27 | -3.38 | — | -3.44 | -0.19 | 3.25 | ||
| 2098 | 16.59 | 13.26 | -3.33 | — | -3.46 | -0.19 | 3.27 | ||
| 2099 | 16.55 | 13.26 | -3.29 | — | -3.49 | -0.19 | 3.29 | ||
| 2100 | 16.52 | 13.26 | -3.26 | — | -3.51 | -0.19 | 3.31 | ||
| 2101 | 16.49 | 13.26 | -3.23 | — | -3.53 | -0.20 | 3.33 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 16.82% | 13.61% | -3.21% | 2034 | -1.28% | -0.07% | 1.22% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2026 Trustees Report.