Detailed Single Year Tables
Description of Proposed Provision:
B3.8: Beginning with those newly eligible for OASDI benefits in 2033, create a new bend point at the 50th percentile of the AIME distribution of newly retired workers and gradually reduce all PIA factors except for the 90 percent factor. By 2066: a) the 32 percent PIA factor below the new bend point reduces to 30 percent; b) the 32 percent PIA factor above the new bend point reduces to 10 percent; and c) the 15 percent PIA factor reduces to 5 percent.
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 | -2.68 | — | -0.01 | -0.00 | 0.01 | ||
| 2037 | 15.94 | 13.18 | -2.76 | — | -0.01 | -0.00 | 0.01 | ||
| 2038 | 16.03 | 13.19 | -2.84 | — | -0.02 | -0.00 | 0.01 | ||
| 2039 | 16.11 | 13.19 | -2.91 | — | -0.02 | -0.00 | 0.02 | ||
| 2040 | 16.17 | 13.20 | -2.97 | — | -0.04 | -0.00 | 0.03 | ||
| 2041 | 16.22 | 13.20 | -3.02 | — | -0.05 | -0.00 | 0.05 | ||
| 2042 | 16.27 | 13.21 | -3.07 | — | -0.07 | -0.00 | 0.06 | ||
| 2043 | 16.32 | 13.21 | -3.11 | — | -0.09 | -0.00 | 0.09 | ||
| 2044 | 16.38 | 13.21 | -3.16 | — | -0.12 | -0.01 | 0.11 | ||
| 2045 | 16.43 | 13.22 | -3.21 | — | -0.14 | -0.01 | 0.14 | ||
| 2046 | 16.46 | 13.22 | -3.24 | — | -0.18 | -0.01 | 0.17 | ||
| 2047 | 16.49 | 13.22 | -3.27 | — | -0.21 | -0.01 | 0.20 | ||
| 2048 | 16.52 | 13.22 | -3.30 | — | -0.25 | -0.01 | 0.24 | ||
| 2049 | 16.55 | 13.23 | -3.33 | — | -0.29 | -0.01 | 0.28 | ||
| 2050 | 16.59 | 13.23 | -3.36 | — | -0.34 | -0.02 | 0.32 | ||
| 2051 | 16.63 | 13.23 | -3.40 | — | -0.39 | -0.02 | 0.37 | ||
| 2052 | 16.68 | 13.24 | -3.45 | — | -0.44 | -0.02 | 0.42 | ||
| 2053 | 16.74 | 13.24 | -3.50 | — | -0.50 | -0.03 | 0.47 | ||
| 2054 | 16.79 | 13.24 | -3.55 | — | -0.56 | -0.03 | 0.53 | ||
| 2055 | 16.85 | 13.25 | -3.60 | — | -0.62 | -0.03 | 0.59 | ||
| 2056 | 16.92 | 13.25 | -3.66 | — | -0.69 | -0.04 | 0.65 | ||
| 2057 | 16.98 | 13.26 | -3.72 | — | -0.76 | -0.04 | 0.72 | ||
| 2058 | 17.05 | 13.26 | -3.78 | — | -0.83 | -0.04 | 0.79 | ||
| 2059 | 17.11 | 13.27 | -3.84 | — | -0.91 | -0.05 | 0.86 | ||
| 2060 | 17.16 | 13.27 | -3.89 | — | -0.98 | -0.05 | 0.93 | ||
| 2061 | 17.21 | 13.28 | -3.94 | — | -1.06 | -0.06 | 1.00 | ||
| 2062 | 17.26 | 13.28 | -3.98 | — | -1.14 | -0.06 | 1.08 | ||
| 2063 | 17.30 | 13.28 | -4.01 | — | -1.22 | -0.06 | 1.15 | ||
| 2064 | 17.33 | 13.29 | -4.04 | — | -1.30 | -0.07 | 1.23 | ||
| 2065 | 17.36 | 13.29 | -4.07 | — | -1.38 | -0.07 | 1.31 | ||
| 2066 | 17.39 | 13.29 | -4.10 | — | -1.47 | -0.08 | 1.39 | ||
| 2067 | 17.42 | 13.29 | -4.13 | — | -1.55 | -0.08 | 1.47 | ||
| 2068 | 17.45 | 13.30 | -4.15 | — | -1.64 | -0.09 | 1.55 | ||
| 2069 | 17.48 | 13.30 | -4.18 | — | -1.72 | -0.09 | 1.63 | ||
| 2070 | 17.52 | 13.30 | -4.21 | — | -1.81 | -0.10 | 1.71 | ||
| 2071 | 17.55 | 13.30 | -4.24 | — | -1.90 | -0.10 | 1.79 | ||
| 2072 | 17.58 | 13.31 | -4.27 | — | -1.98 | -0.11 | 1.87 | ||
| 2073 | 17.61 | 13.31 | -4.30 | — | -2.07 | -0.11 | 1.95 | ||
| 2074 | 17.65 | 13.31 | -4.33 | — | -2.15 | -0.12 | 2.03 | ||
| 2075 | 17.67 | 13.32 | -4.36 | — | -2.23 | -0.12 | 2.10 | ||
| 2076 | 17.70 | 13.32 | -4.38 | — | -2.30 | -0.12 | 2.17 | ||
| 2077 | 17.72 | 13.32 | -4.40 | — | -2.37 | -0.13 | 2.24 | ||
| 2078 | 17.73 | 13.32 | -4.41 | — | -2.43 | -0.13 | 2.30 | ||
| 2079 | 17.74 | 13.32 | -4.41 | — | -2.50 | -0.14 | 2.36 | ||
| 2080 | 17.74 | 13.32 | -4.41 | — | -2.55 | -0.14 | 2.41 | ||
| 2081 | 17.74 | 13.32 | -4.41 | — | -2.61 | -0.14 | 2.46 | ||
| 2082 | 17.73 | 13.32 | -4.41 | — | -2.65 | -0.15 | 2.51 | ||
| 2083 | 17.72 | 13.32 | -4.39 | — | -2.70 | -0.15 | 2.55 | ||
| 2084 | 17.70 | 13.32 | -4.38 | — | -2.74 | -0.15 | 2.59 | ||
| 2085 | 17.67 | 13.32 | -4.35 | — | -2.78 | -0.15 | 2.62 | ||
| 2086 | 17.64 | 13.32 | -4.32 | — | -2.81 | -0.15 | 2.65 | ||
| 2087 | 17.60 | 13.32 | -4.28 | — | -2.83 | -0.16 | 2.68 | ||
| 2088 | 17.56 | 13.32 | -4.24 | — | -2.86 | -0.16 | 2.70 | ||
| 2089 | 17.51 | 13.31 | -4.20 | — | -2.88 | -0.16 | 2.72 | ||
| 2090 | 17.46 | 13.31 | -4.15 | — | -2.89 | -0.16 | 2.73 | ||
| 2091 | 17.41 | 13.31 | -4.10 | — | -2.90 | -0.16 | 2.74 | ||
| 2092 | 17.36 | 13.31 | -4.05 | — | -2.91 | -0.16 | 2.75 | ||
| 2093 | 17.31 | 13.30 | -4.01 | — | -2.92 | -0.16 | 2.76 | ||
| 2094 | 17.26 | 13.30 | -3.96 | — | -2.93 | -0.16 | 2.76 | ||
| 2095 | 17.22 | 13.30 | -3.92 | — | -2.93 | -0.16 | 2.77 | ||
| 2096 | 17.18 | 13.30 | -3.89 | — | -2.93 | -0.16 | 2.77 | ||
| 2097 | 17.15 | 13.29 | -3.85 | — | -2.94 | -0.16 | 2.77 | ||
| 2098 | 17.12 | 13.29 | -3.83 | — | -2.94 | -0.16 | 2.78 | ||
| 2099 | 17.10 | 13.29 | -3.81 | — | -2.94 | -0.16 | 2.78 | ||
| 2100 | 17.08 | 13.29 | -3.79 | — | -2.94 | -0.16 | 2.78 | ||
| 2101 | 17.07 | 13.29 | -3.78 | — | -2.95 | -0.16 | 2.78 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 16.95% | 13.62% | -3.33% | 2034 | -1.15% | -0.06% | 1.09% | ||
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.