Detailed Single Year Tables
Description of Proposed Provision:
B4.2: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2026-2034.
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 | 15.58 | 13.11 | -2.47 | 113 | -0.00 | -0.00 | 0.00 | ||
| 2029 | 15.68 | 13.14 | -2.55 | 95 | -0.01 | -0.00 | 0.01 | ||
| 2030 | 15.78 | 13.16 | -2.63 | 78 | -0.01 | -0.00 | 0.01 | ||
| 2031 | 15.89 | 13.18 | -2.71 | 61 | -0.02 | -0.00 | 0.02 | ||
| 2032 | 15.97 | 13.20 | -2.77 | 43 | -0.04 | -0.00 | 0.03 | ||
| 2033 | 16.02 | 13.24 | -2.78 | 26 | -0.05 | -0.00 | 0.05 | ||
| 2034 | 16.08 | 13.26 | -2.82 | 9 | -0.07 | -0.00 | 0.06 | ||
| 2035 | 16.14 | 13.27 | -2.87 | — | -0.09 | -0.01 | 0.08 | ||
| 2036 | 16.21 | 13.28 | -2.93 | — | -0.11 | -0.01 | 0.11 | ||
| 2037 | 16.28 | 13.29 | -2.99 | — | -0.14 | -0.01 | 0.13 | ||
| 2038 | 16.32 | 13.29 | -3.03 | — | -0.17 | -0.01 | 0.16 | ||
| 2039 | 16.36 | 13.30 | -3.06 | — | -0.19 | -0.01 | 0.18 | ||
| 2040 | 16.38 | 13.30 | -3.08 | — | -0.22 | -0.01 | 0.21 | ||
| 2041 | 16.40 | 13.30 | -3.09 | — | -0.25 | -0.02 | 0.23 | ||
| 2042 | 16.40 | 13.31 | -3.09 | — | -0.28 | -0.02 | 0.26 | ||
| 2043 | 16.40 | 13.31 | -3.10 | — | -0.30 | -0.02 | 0.29 | ||
| 2044 | 16.41 | 13.31 | -3.10 | — | -0.33 | -0.02 | 0.31 | ||
| 2045 | 16.42 | 13.31 | -3.10 | — | -0.36 | -0.02 | 0.33 | ||
| 2046 | 16.42 | 13.32 | -3.10 | — | -0.38 | -0.02 | 0.36 | ||
| 2047 | 16.43 | 13.32 | -3.11 | — | -0.41 | -0.03 | 0.38 | ||
| 2048 | 16.44 | 13.32 | -3.12 | — | -0.43 | -0.03 | 0.41 | ||
| 2049 | 16.47 | 13.32 | -3.14 | — | -0.46 | -0.03 | 0.43 | ||
| 2050 | 16.49 | 13.33 | -3.16 | — | -0.48 | -0.03 | 0.45 | ||
| 2051 | 16.52 | 13.33 | -3.19 | — | -0.50 | -0.03 | 0.47 | ||
| 2052 | 16.55 | 13.33 | -3.22 | — | -0.53 | -0.03 | 0.49 | ||
| 2053 | 16.60 | 13.34 | -3.26 | — | -0.55 | -0.03 | 0.51 | ||
| 2054 | 16.65 | 13.34 | -3.31 | — | -0.57 | -0.04 | 0.53 | ||
| 2055 | 16.71 | 13.35 | -3.36 | — | -0.59 | -0.04 | 0.55 | ||
| 2056 | 16.78 | 13.35 | -3.42 | — | -0.61 | -0.04 | 0.57 | ||
| 2057 | 16.85 | 13.36 | -3.49 | — | -0.62 | -0.04 | 0.58 | ||
| 2058 | 16.93 | 13.37 | -3.56 | — | -0.64 | -0.04 | 0.60 | ||
| 2059 | 17.01 | 13.37 | -3.63 | — | -0.65 | -0.04 | 0.61 | ||
| 2060 | 17.08 | 13.38 | -3.70 | — | -0.67 | -0.04 | 0.62 | ||
| 2061 | 17.14 | 13.39 | -3.76 | — | -0.68 | -0.04 | 0.63 | ||
| 2062 | 17.21 | 13.39 | -3.81 | — | -0.69 | -0.04 | 0.64 | ||
| 2063 | 17.27 | 13.40 | -3.87 | — | -0.69 | -0.04 | 0.65 | ||
| 2064 | 17.33 | 13.40 | -3.93 | — | -0.70 | -0.04 | 0.65 | ||
| 2065 | 17.39 | 13.41 | -3.99 | — | -0.71 | -0.05 | 0.66 | ||
| 2066 | 17.46 | 13.41 | -4.04 | — | -0.71 | -0.05 | 0.66 | ||
| 2067 | 17.52 | 13.42 | -4.10 | — | -0.71 | -0.05 | 0.67 | ||
| 2068 | 17.59 | 13.43 | -4.16 | — | -0.72 | -0.05 | 0.67 | ||
| 2069 | 17.66 | 13.43 | -4.23 | — | -0.72 | -0.05 | 0.68 | ||
| 2070 | 17.73 | 13.44 | -4.29 | — | -0.73 | -0.05 | 0.68 | ||
| 2071 | 17.80 | 13.44 | -4.36 | — | -0.73 | -0.05 | 0.68 | ||
| 2072 | 17.87 | 13.45 | -4.42 | — | -0.73 | -0.05 | 0.68 | ||
| 2073 | 17.94 | 13.45 | -4.48 | — | -0.73 | -0.05 | 0.69 | ||
| 2074 | 18.00 | 13.46 | -4.54 | — | -0.74 | -0.05 | 0.69 | ||
| 2075 | 18.06 | 13.46 | -4.60 | — | -0.74 | -0.05 | 0.69 | ||
| 2076 | 18.11 | 13.47 | -4.64 | — | -0.74 | -0.05 | 0.69 | ||
| 2077 | 18.15 | 13.47 | -4.68 | — | -0.74 | -0.05 | 0.70 | ||
| 2078 | 18.18 | 13.48 | -4.71 | — | -0.74 | -0.05 | 0.70 | ||
| 2079 | 18.20 | 13.48 | -4.72 | — | -0.74 | -0.05 | 0.70 | ||
| 2080 | 18.21 | 13.48 | -4.73 | — | -0.74 | -0.05 | 0.70 | ||
| 2081 | 18.21 | 13.48 | -4.73 | — | -0.74 | -0.05 | 0.70 | ||
| 2082 | 18.21 | 13.48 | -4.73 | — | -0.74 | -0.05 | 0.70 | ||
| 2083 | 18.19 | 13.48 | -4.71 | — | -0.74 | -0.05 | 0.69 | ||
| 2084 | 18.17 | 13.48 | -4.69 | — | -0.74 | -0.05 | 0.69 | ||
| 2085 | 18.13 | 13.48 | -4.65 | — | -0.74 | -0.05 | 0.69 | ||
| 2086 | 18.09 | 13.48 | -4.61 | — | -0.74 | -0.05 | 0.69 | ||
| 2087 | 18.03 | 13.47 | -4.56 | — | -0.73 | -0.05 | 0.69 | ||
| 2088 | 17.97 | 13.47 | -4.50 | — | -0.73 | -0.05 | 0.68 | ||
| 2089 | 17.92 | 13.47 | -4.45 | — | -0.73 | -0.05 | 0.68 | ||
| 2090 | 17.85 | 13.46 | -4.39 | — | -0.72 | -0.05 | 0.68 | ||
| 2091 | 17.80 | 13.46 | -4.34 | — | -0.72 | -0.05 | 0.67 | ||
| 2092 | 17.75 | 13.46 | -4.29 | — | -0.72 | -0.05 | 0.67 | ||
| 2093 | 17.71 | 13.45 | -4.25 | — | -0.71 | -0.05 | 0.67 | ||
| 2094 | 17.67 | 13.45 | -4.22 | — | -0.71 | -0.05 | 0.67 | ||
| 2095 | 17.65 | 13.45 | -4.20 | — | -0.71 | -0.05 | 0.66 | ||
| 2096 | 17.63 | 13.45 | -4.18 | — | -0.71 | -0.05 | 0.66 | ||
| 2097 | 17.62 | 13.45 | -4.17 | — | -0.71 | -0.05 | 0.66 | ||
| 2098 | 17.62 | 13.45 | -4.17 | — | -0.71 | -0.05 | 0.66 | ||
| 2099 | 17.63 | 13.45 | -4.18 | — | -0.71 | -0.05 | 0.66 | ||
| 2100 | 17.64 | 13.45 | -4.19 | — | -0.71 | -0.05 | 0.66 | ||
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 | 17.12% | 13.76% | -3.37% | 2034 | -0.49% | -0.03% | 0.46% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
|||||||||
Based on Intermediate Assumptions of the 2025 Trustees Report.