Detailed Single Year Tables
Description of Proposed Provision:
B3.14: Beginning with those newly eligible for OASDI benefits in 2028, reduce the 15 percent PIA factor by 2 percentage points per year so that it reaches 5 percent for those newly eligible in 2032 and later.
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 | -2.66 | 74 | -0.00 | -0.00 | 0.00 | ||
| 2031 | 15.71 | 13.09 | -2.63 | 57 | -0.01 | -0.00 | 0.01 | ||
| 2032 | 15.71 | 13.09 | -2.62 | 40 | -0.01 | -0.00 | 0.01 | ||
| 2033 | 15.70 | 13.13 | -2.57 | 24 | -0.02 | -0.00 | 0.02 | ||
| 2034 | 15.71 | 13.14 | -2.58 | 8 | -0.03 | -0.00 | 0.02 | ||
| 2035 | 15.73 | 13.16 | -2.57 | — | -0.04 | -0.00 | 0.04 | ||
| 2036 | 15.80 | 13.17 | -2.63 | — | -0.05 | -0.00 | 0.05 | ||
| 2037 | 15.88 | 13.18 | -2.70 | — | -0.07 | -0.00 | 0.07 | ||
| 2038 | 15.95 | 13.18 | -2.76 | — | -0.10 | -0.00 | 0.09 | ||
| 2039 | 16.01 | 13.19 | -2.82 | — | -0.12 | -0.01 | 0.12 | ||
| 2040 | 16.05 | 13.19 | -2.86 | — | -0.15 | -0.01 | 0.14 | ||
| 2041 | 16.10 | 13.19 | -2.90 | — | -0.18 | -0.01 | 0.17 | ||
| 2042 | 16.14 | 13.20 | -2.94 | — | -0.20 | -0.01 | 0.19 | ||
| 2043 | 16.19 | 13.20 | -2.98 | — | -0.23 | -0.01 | 0.22 | ||
| 2044 | 16.24 | 13.20 | -3.03 | — | -0.25 | -0.01 | 0.24 | ||
| 2045 | 16.30 | 13.21 | -3.09 | — | -0.28 | -0.01 | 0.26 | ||
| 2046 | 16.33 | 13.21 | -3.12 | — | -0.30 | -0.02 | 0.29 | ||
| 2047 | 16.38 | 13.21 | -3.16 | — | -0.33 | -0.02 | 0.31 | ||
| 2048 | 16.42 | 13.22 | -3.21 | — | -0.35 | -0.02 | 0.33 | ||
| 2049 | 16.48 | 13.22 | -3.25 | — | -0.37 | -0.02 | 0.35 | ||
| 2050 | 16.54 | 13.23 | -3.31 | — | -0.39 | -0.02 | 0.37 | ||
| 2051 | 16.61 | 13.23 | -3.38 | — | -0.41 | -0.02 | 0.39 | ||
| 2052 | 16.69 | 13.24 | -3.46 | — | -0.43 | -0.02 | 0.41 | ||
| 2053 | 16.78 | 13.24 | -3.54 | — | -0.45 | -0.02 | 0.43 | ||
| 2054 | 16.88 | 13.25 | -3.63 | — | -0.47 | -0.03 | 0.45 | ||
| 2055 | 16.99 | 13.25 | -3.73 | — | -0.49 | -0.03 | 0.46 | ||
| 2056 | 17.10 | 13.26 | -3.84 | — | -0.51 | -0.03 | 0.48 | ||
| 2057 | 17.22 | 13.27 | -3.95 | — | -0.52 | -0.03 | 0.49 | ||
| 2058 | 17.34 | 13.28 | -4.07 | — | -0.53 | -0.03 | 0.51 | ||
| 2059 | 17.47 | 13.29 | -4.18 | — | -0.55 | -0.03 | 0.52 | ||
| 2060 | 17.59 | 13.29 | -4.29 | — | -0.56 | -0.03 | 0.53 | ||
| 2061 | 17.70 | 13.30 | -4.40 | — | -0.57 | -0.03 | 0.54 | ||
| 2062 | 17.82 | 13.31 | -4.51 | — | -0.58 | -0.03 | 0.55 | ||
| 2063 | 17.93 | 13.32 | -4.61 | — | -0.59 | -0.03 | 0.55 | ||
| 2064 | 18.04 | 13.32 | -4.71 | — | -0.59 | -0.03 | 0.56 | ||
| 2065 | 18.14 | 13.33 | -4.81 | — | -0.60 | -0.03 | 0.57 | ||
| 2066 | 18.25 | 13.34 | -4.92 | — | -0.61 | -0.03 | 0.57 | ||
| 2067 | 18.36 | 13.34 | -5.02 | — | -0.61 | -0.03 | 0.58 | ||
| 2068 | 18.47 | 13.35 | -5.12 | — | -0.62 | -0.03 | 0.58 | ||
| 2069 | 18.58 | 13.36 | -5.23 | — | -0.62 | -0.03 | 0.59 | ||
| 2070 | 18.70 | 13.36 | -5.34 | — | -0.63 | -0.03 | 0.59 | ||
| 2071 | 18.81 | 13.37 | -5.44 | — | -0.63 | -0.03 | 0.59 | ||
| 2072 | 18.93 | 13.38 | -5.55 | — | -0.63 | -0.04 | 0.60 | ||
| 2073 | 19.04 | 13.39 | -5.65 | — | -0.64 | -0.04 | 0.60 | ||
| 2074 | 19.15 | 13.39 | -5.76 | — | -0.64 | -0.04 | 0.61 | ||
| 2075 | 19.25 | 13.40 | -5.85 | — | -0.65 | -0.04 | 0.61 | ||
| 2076 | 19.35 | 13.41 | -5.94 | — | -0.65 | -0.04 | 0.61 | ||
| 2077 | 19.43 | 13.41 | -6.02 | — | -0.65 | -0.04 | 0.62 | ||
| 2078 | 19.51 | 13.42 | -6.09 | — | -0.66 | -0.04 | 0.62 | ||
| 2079 | 19.57 | 13.42 | -6.15 | — | -0.66 | -0.04 | 0.62 | ||
| 2080 | 19.63 | 13.42 | -6.20 | — | -0.66 | -0.04 | 0.62 | ||
| 2081 | 19.68 | 13.43 | -6.25 | — | -0.66 | -0.04 | 0.63 | ||
| 2082 | 19.72 | 13.43 | -6.29 | — | -0.66 | -0.04 | 0.63 | ||
| 2083 | 19.75 | 13.43 | -6.32 | — | -0.67 | -0.04 | 0.63 | ||
| 2084 | 19.77 | 13.44 | -6.34 | — | -0.67 | -0.04 | 0.63 | ||
| 2085 | 19.78 | 13.44 | -6.35 | — | -0.67 | -0.04 | 0.63 | ||
| 2086 | 19.78 | 13.44 | -6.34 | — | -0.67 | -0.04 | 0.63 | ||
| 2087 | 19.77 | 13.44 | -6.33 | — | -0.67 | -0.04 | 0.63 | ||
| 2088 | 19.75 | 13.44 | -6.31 | — | -0.67 | -0.04 | 0.63 | ||
| 2089 | 19.72 | 13.43 | -6.28 | — | -0.67 | -0.04 | 0.63 | ||
| 2090 | 19.68 | 13.43 | -6.25 | — | -0.67 | -0.04 | 0.63 | ||
| 2091 | 19.64 | 13.43 | -6.21 | — | -0.66 | -0.04 | 0.63 | ||
| 2092 | 19.61 | 13.43 | -6.18 | — | -0.66 | -0.04 | 0.63 | ||
| 2093 | 19.57 | 13.43 | -6.14 | — | -0.66 | -0.04 | 0.63 | ||
| 2094 | 19.53 | 13.42 | -6.10 | — | -0.66 | -0.04 | 0.62 | ||
| 2095 | 19.49 | 13.42 | -6.07 | — | -0.66 | -0.04 | 0.62 | ||
| 2096 | 19.46 | 13.42 | -6.04 | — | -0.66 | -0.04 | 0.62 | ||
| 2097 | 19.42 | 13.42 | -6.01 | — | -0.66 | -0.04 | 0.62 | ||
| 2098 | 19.40 | 13.42 | -5.98 | — | -0.66 | -0.04 | 0.62 | ||
| 2099 | 19.38 | 13.42 | -5.96 | — | -0.66 | -0.04 | 0.62 | ||
| 2100 | 19.37 | 13.42 | -5.95 | — | -0.66 | -0.04 | 0.62 | ||
| 2101 | 19.36 | 13.41 | -5.95 | — | -0.66 | -0.04 | 0.62 | ||
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 | 17.69% | 13.65% | -4.03% | 2034 | -0.42% | -0.02% | 0.39% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
|||||||||
Based on Intermediate Assumptions of the 2026 Trustees Report.