Detailed Single Year Tables
Description of Proposed Provision:
B4.1: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 38, phased in over the years 2027-2031.
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 | -2.67 | 92 | -0.00 | -0.00 | 0.00 | ||
| 2030 | 15.73 | 13.07 | -2.66 | 74 | -0.01 | -0.00 | 0.01 | ||
| 2031 | 15.71 | 13.08 | -2.62 | 57 | -0.01 | -0.00 | 0.01 | ||
| 2032 | 15.70 | 13.09 | -2.60 | 40 | -0.02 | -0.00 | 0.02 | ||
| 2033 | 15.69 | 13.13 | -2.56 | 24 | -0.03 | -0.00 | 0.03 | ||
| 2034 | 15.70 | 13.14 | -2.56 | 8 | -0.04 | -0.00 | 0.04 | ||
| 2035 | 15.71 | 13.16 | -2.55 | — | -0.06 | -0.00 | 0.06 | ||
| 2036 | 15.78 | 13.17 | -2.61 | — | -0.07 | -0.00 | 0.07 | ||
| 2037 | 15.86 | 13.18 | -2.69 | — | -0.09 | -0.00 | 0.09 | ||
| 2038 | 15.94 | 13.18 | -2.76 | — | -0.11 | -0.01 | 0.10 | ||
| 2039 | 16.00 | 13.19 | -2.82 | — | -0.13 | -0.01 | 0.12 | ||
| 2040 | 16.06 | 13.19 | -2.87 | — | -0.14 | -0.01 | 0.13 | ||
| 2041 | 16.11 | 13.19 | -2.92 | — | -0.16 | -0.01 | 0.15 | ||
| 2042 | 16.17 | 13.20 | -2.97 | — | -0.18 | -0.01 | 0.17 | ||
| 2043 | 16.22 | 13.20 | -3.02 | — | -0.19 | -0.01 | 0.18 | ||
| 2044 | 16.28 | 13.21 | -3.08 | — | -0.21 | -0.01 | 0.20 | ||
| 2045 | 16.35 | 13.21 | -3.14 | — | -0.22 | -0.01 | 0.21 | ||
| 2046 | 16.40 | 13.21 | -3.18 | — | -0.24 | -0.01 | 0.23 | ||
| 2047 | 16.45 | 13.22 | -3.23 | — | -0.26 | -0.01 | 0.24 | ||
| 2048 | 16.50 | 13.22 | -3.28 | — | -0.27 | -0.01 | 0.26 | ||
| 2049 | 16.56 | 13.23 | -3.34 | — | -0.28 | -0.02 | 0.27 | ||
| 2050 | 16.63 | 13.23 | -3.40 | — | -0.30 | -0.02 | 0.28 | ||
| 2051 | 16.71 | 13.24 | -3.47 | — | -0.31 | -0.02 | 0.29 | ||
| 2052 | 16.80 | 13.24 | -3.56 | — | -0.33 | -0.02 | 0.31 | ||
| 2053 | 16.90 | 13.25 | -3.65 | — | -0.34 | -0.02 | 0.32 | ||
| 2054 | 17.00 | 13.25 | -3.75 | — | -0.35 | -0.02 | 0.33 | ||
| 2055 | 17.12 | 13.26 | -3.85 | — | -0.36 | -0.02 | 0.34 | ||
| 2056 | 17.24 | 13.27 | -3.97 | — | -0.37 | -0.02 | 0.35 | ||
| 2057 | 17.36 | 13.28 | -4.08 | — | -0.38 | -0.02 | 0.36 | ||
| 2058 | 17.49 | 13.29 | -4.20 | — | -0.39 | -0.02 | 0.37 | ||
| 2059 | 17.61 | 13.29 | -4.32 | — | -0.40 | -0.02 | 0.38 | ||
| 2060 | 17.74 | 13.30 | -4.44 | — | -0.41 | -0.02 | 0.39 | ||
| 2061 | 17.86 | 13.31 | -4.55 | — | -0.42 | -0.02 | 0.39 | ||
| 2062 | 17.97 | 13.32 | -4.66 | — | -0.42 | -0.02 | 0.40 | ||
| 2063 | 18.09 | 13.32 | -4.77 | — | -0.43 | -0.02 | 0.40 | ||
| 2064 | 18.20 | 13.33 | -4.87 | — | -0.43 | -0.02 | 0.41 | ||
| 2065 | 18.31 | 13.34 | -4.97 | — | -0.43 | -0.02 | 0.41 | ||
| 2066 | 18.42 | 13.34 | -5.08 | — | -0.44 | -0.02 | 0.41 | ||
| 2067 | 18.53 | 13.35 | -5.18 | — | -0.44 | -0.02 | 0.41 | ||
| 2068 | 18.64 | 13.36 | -5.29 | — | -0.44 | -0.02 | 0.42 | ||
| 2069 | 18.76 | 13.37 | -5.39 | — | -0.45 | -0.03 | 0.42 | ||
| 2070 | 18.88 | 13.37 | -5.50 | — | -0.45 | -0.03 | 0.42 | ||
| 2071 | 18.99 | 13.38 | -5.61 | — | -0.45 | -0.03 | 0.43 | ||
| 2072 | 19.11 | 13.39 | -5.72 | — | -0.45 | -0.03 | 0.43 | ||
| 2073 | 19.22 | 13.40 | -5.83 | — | -0.46 | -0.03 | 0.43 | ||
| 2074 | 19.34 | 13.40 | -5.93 | — | -0.46 | -0.03 | 0.43 | ||
| 2075 | 19.44 | 13.41 | -6.03 | — | -0.46 | -0.03 | 0.44 | ||
| 2076 | 19.53 | 13.42 | -6.12 | — | -0.46 | -0.03 | 0.44 | ||
| 2077 | 19.62 | 13.42 | -6.20 | — | -0.46 | -0.03 | 0.44 | ||
| 2078 | 19.70 | 13.43 | -6.27 | — | -0.47 | -0.03 | 0.44 | ||
| 2079 | 19.76 | 13.43 | -6.33 | — | -0.47 | -0.03 | 0.44 | ||
| 2080 | 19.82 | 13.43 | -6.38 | — | -0.47 | -0.03 | 0.44 | ||
| 2081 | 19.87 | 13.44 | -6.43 | — | -0.47 | -0.03 | 0.44 | ||
| 2082 | 19.91 | 13.44 | -6.47 | — | -0.47 | -0.03 | 0.44 | ||
| 2083 | 19.95 | 13.44 | -6.50 | — | -0.47 | -0.03 | 0.44 | ||
| 2084 | 19.97 | 13.45 | -6.52 | — | -0.47 | -0.03 | 0.44 | ||
| 2085 | 19.98 | 13.45 | -6.53 | — | -0.47 | -0.03 | 0.44 | ||
| 2086 | 19.98 | 13.45 | -6.53 | — | -0.47 | -0.03 | 0.44 | ||
| 2087 | 19.97 | 13.45 | -6.52 | — | -0.47 | -0.03 | 0.44 | ||
| 2088 | 19.94 | 13.45 | -6.50 | — | -0.47 | -0.03 | 0.44 | ||
| 2089 | 19.92 | 13.45 | -6.47 | — | -0.47 | -0.03 | 0.44 | ||
| 2090 | 19.88 | 13.44 | -6.44 | — | -0.47 | -0.03 | 0.44 | ||
| 2091 | 19.84 | 13.44 | -6.40 | — | -0.47 | -0.03 | 0.44 | ||
| 2092 | 19.80 | 13.44 | -6.37 | — | -0.46 | -0.03 | 0.44 | ||
| 2093 | 19.76 | 13.44 | -6.33 | — | -0.46 | -0.03 | 0.44 | ||
| 2094 | 19.72 | 13.43 | -6.29 | — | -0.46 | -0.03 | 0.44 | ||
| 2095 | 19.69 | 13.43 | -6.26 | — | -0.46 | -0.03 | 0.44 | ||
| 2096 | 19.65 | 13.43 | -6.22 | — | -0.46 | -0.03 | 0.43 | ||
| 2097 | 19.62 | 13.43 | -6.19 | — | -0.46 | -0.03 | 0.43 | ||
| 2098 | 19.60 | 13.43 | -6.17 | — | -0.46 | -0.03 | 0.43 | ||
| 2099 | 19.58 | 13.43 | -6.15 | — | -0.46 | -0.03 | 0.43 | ||
| 2100 | 19.57 | 13.43 | -6.14 | — | -0.46 | -0.03 | 0.43 | ||
| 2101 | 19.56 | 13.43 | -6.14 | — | -0.46 | -0.03 | 0.43 | ||
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 | 17.79% | 13.66% | -4.13% | 2034 | -0.31% | -0.02% | 0.29% | ||
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.