Detailed Single Year Tables
Description of Proposed Provision:
B5.5: Beginning for those newly eligible in 2027, reconfigure the special minimum benefit: (a) A year of coverage is defined as a year in which either 20 percent of the "old law maximum" is earned or a child is in care. Childcare years are granted to parents who have a child under 6, with a limit of 8 such years. (b) At implementation, set the PIA for 30 years of coverage equal to 133 percent of the Census monthly poverty level (about $1,667 in 2024). For those with under 30 years of coverage, the PIA per year of coverage over 19 years is $1,667/11 = $151.60. (c) Index the initial PIA per year of coverage by wage growth for successive cohorts. (d) Scale work requirements for disabled workers, based on the number of years of non-disabled potential work.
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 | 15.59 | 13.11 | -2.48 | 113 | 0.00 | 0.00 | -0.00 | ||
| 2029 | 15.69 | 13.14 | -2.55 | 95 | 0.00 | 0.00 | -0.00 | ||
| 2030 | 15.80 | 13.16 | -2.64 | 78 | 0.00 | 0.00 | -0.00 | ||
| 2031 | 15.91 | 13.19 | -2.73 | 60 | 0.00 | 0.00 | -0.00 | ||
| 2032 | 16.00 | 13.20 | -2.80 | 43 | 0.00 | 0.00 | -0.00 | ||
| 2033 | 16.07 | 13.24 | -2.83 | 26 | 0.00 | 0.00 | -0.00 | ||
| 2034 | 16.15 | 13.27 | -2.88 | 8 | 0.00 | 0.00 | -0.00 | ||
| 2035 | 16.23 | 13.28 | -2.96 | — | 0.00 | 0.00 | -0.00 | ||
| 2036 | 16.33 | 13.29 | -3.04 | — | 0.00 | 0.00 | -0.00 | ||
| 2037 | 16.42 | 13.29 | -3.12 | — | 0.00 | 0.00 | -0.00 | ||
| 2038 | 16.49 | 13.30 | -3.19 | — | 0.00 | 0.00 | -0.00 | ||
| 2039 | 16.55 | 13.31 | -3.24 | — | 0.00 | 0.00 | -0.00 | ||
| 2040 | 16.61 | 13.32 | -3.29 | — | 0.00 | 0.00 | -0.00 | ||
| 2041 | 16.65 | 13.32 | -3.33 | — | 0.00 | 0.00 | -0.00 | ||
| 2042 | 16.68 | 13.32 | -3.35 | — | 0.00 | 0.00 | -0.00 | ||
| 2043 | 16.71 | 13.33 | -3.38 | — | 0.00 | 0.00 | -0.00 | ||
| 2044 | 16.74 | 13.33 | -3.41 | — | 0.00 | 0.00 | -0.00 | ||
| 2045 | 16.78 | 13.34 | -3.44 | — | 0.00 | 0.00 | -0.00 | ||
| 2046 | 16.81 | 13.34 | -3.47 | — | 0.00 | 0.00 | -0.00 | ||
| 2047 | 16.84 | 13.34 | -3.50 | — | 0.00 | 0.00 | -0.00 | ||
| 2048 | 16.88 | 13.35 | -3.53 | — | 0.00 | 0.00 | -0.00 | ||
| 2049 | 16.93 | 13.35 | -3.57 | — | 0.00 | 0.00 | -0.00 | ||
| 2050 | 16.97 | 13.36 | -3.62 | — | 0.00 | 0.00 | -0.00 | ||
| 2051 | 17.02 | 13.36 | -3.66 | — | 0.00 | 0.00 | -0.00 | ||
| 2052 | 17.08 | 13.37 | -3.72 | — | 0.00 | 0.00 | -0.00 | ||
| 2053 | 17.15 | 13.37 | -3.78 | — | 0.00 | 0.00 | -0.00 | ||
| 2054 | 17.22 | 13.38 | -3.84 | — | 0.00 | 0.00 | -0.00 | ||
| 2055 | 17.30 | 13.39 | -3.92 | — | 0.00 | 0.00 | -0.00 | ||
| 2056 | 17.39 | 13.39 | -4.00 | — | 0.00 | 0.00 | -0.00 | ||
| 2057 | 17.48 | 13.40 | -4.08 | — | 0.00 | 0.00 | -0.00 | ||
| 2058 | 17.57 | 13.41 | -4.17 | — | 0.00 | 0.00 | -0.00 | ||
| 2059 | 17.66 | 13.42 | -4.25 | — | 0.00 | 0.00 | -0.00 | ||
| 2060 | 17.75 | 13.42 | -4.32 | — | 0.00 | 0.00 | -0.00 | ||
| 2061 | 17.82 | 13.43 | -4.39 | — | 0.00 | 0.00 | -0.00 | ||
| 2062 | 17.90 | 13.44 | -4.46 | — | 0.00 | 0.00 | -0.00 | ||
| 2063 | 17.97 | 13.44 | -4.52 | — | 0.00 | 0.00 | -0.00 | ||
| 2064 | 18.03 | 13.45 | -4.59 | — | 0.00 | 0.00 | -0.00 | ||
| 2065 | 18.10 | 13.45 | -4.65 | — | 0.00 | 0.00 | -0.00 | ||
| 2066 | 18.17 | 13.46 | -4.71 | — | 0.00 | 0.00 | -0.00 | ||
| 2067 | 18.24 | 13.47 | -4.78 | — | 0.00 | 0.00 | -0.00 | ||
| 2068 | 18.31 | 13.47 | -4.84 | — | 0.00 | 0.00 | -0.00 | ||
| 2069 | 18.38 | 13.48 | -4.91 | — | 0.00 | 0.00 | -0.00 | ||
| 2070 | 18.46 | 13.48 | -4.98 | — | 0.00 | 0.00 | -0.00 | ||
| 2071 | 18.53 | 13.49 | -5.04 | — | 0.00 | 0.00 | -0.00 | ||
| 2072 | 18.60 | 13.50 | -5.11 | — | 0.00 | 0.00 | -0.00 | ||
| 2073 | 18.68 | 13.50 | -5.17 | — | 0.00 | 0.00 | -0.00 | ||
| 2074 | 18.74 | 13.51 | -5.24 | — | 0.00 | 0.00 | -0.00 | ||
| 2075 | 18.81 | 13.51 | -5.29 | — | 0.00 | 0.00 | -0.00 | ||
| 2076 | 18.86 | 13.52 | -5.34 | — | 0.00 | 0.00 | -0.00 | ||
| 2077 | 18.90 | 13.52 | -5.38 | — | 0.00 | 0.00 | -0.00 | ||
| 2078 | 18.93 | 13.52 | -5.41 | — | 0.00 | 0.00 | -0.00 | ||
| 2079 | 18.95 | 13.53 | -5.42 | — | 0.00 | 0.00 | -0.00 | ||
| 2080 | 18.96 | 13.53 | -5.43 | — | 0.00 | 0.00 | -0.00 | ||
| 2081 | 18.96 | 13.53 | -5.43 | — | 0.00 | 0.00 | -0.00 | ||
| 2082 | 18.95 | 13.53 | -5.43 | — | 0.00 | 0.00 | -0.00 | ||
| 2083 | 18.94 | 13.53 | -5.41 | — | 0.00 | 0.00 | -0.00 | ||
| 2084 | 18.91 | 13.53 | -5.38 | — | 0.00 | 0.00 | -0.00 | ||
| 2085 | 18.87 | 13.53 | -5.35 | — | 0.00 | 0.00 | -0.00 | ||
| 2086 | 18.83 | 13.52 | -5.30 | — | 0.00 | 0.00 | -0.00 | ||
| 2087 | 18.77 | 13.52 | -5.25 | — | 0.00 | 0.00 | -0.00 | ||
| 2088 | 18.71 | 13.52 | -5.19 | — | 0.00 | 0.00 | -0.00 | ||
| 2089 | 18.65 | 13.51 | -5.13 | — | 0.00 | 0.00 | -0.00 | ||
| 2090 | 18.58 | 13.51 | -5.07 | — | 0.00 | 0.00 | -0.00 | ||
| 2091 | 18.52 | 13.51 | -5.02 | — | 0.00 | 0.00 | -0.00 | ||
| 2092 | 18.47 | 13.50 | -4.97 | — | 0.00 | 0.00 | -0.00 | ||
| 2093 | 18.42 | 13.50 | -4.93 | — | 0.00 | 0.00 | -0.00 | ||
| 2094 | 18.39 | 13.50 | -4.89 | — | 0.00 | 0.00 | -0.00 | ||
| 2095 | 18.36 | 13.50 | -4.87 | — | 0.00 | 0.00 | -0.00 | ||
| 2096 | 18.34 | 13.49 | -4.85 | — | 0.00 | 0.00 | -0.00 | ||
| 2097 | 18.33 | 13.49 | -4.84 | — | 0.00 | 0.00 | -0.00 | ||
| 2098 | 18.33 | 13.49 | -4.84 | — | 0.00 | 0.00 | -0.00 | ||
| 2099 | 18.34 | 13.49 | -4.85 | — | 0.00 | 0.00 | -0.00 | ||
| 2100 | 18.36 | 13.50 | -4.86 | — | 0.00 | 0.00 | -0.00 | ||
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 | 17.61% | 13.79% | -3.83% | 2034 | 0.00% | 0.00% | -0.00% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.