Detailed Single Year Tables
Description of Proposed Provision:
B5.7: Beginning for those newly eligible in 2028, reconfigure the special minimum benefit: (a) The number of years of work (YOWs) is determined as total quarters of coverage divided by 4, ignoring any fraction. Childcare years are granted to parents who have a child under 6, with a limit of 5 such years. (b) At implementation, set the PIA for 30+ YOWs equal to 100 percent of the monthly HHS poverty level for the year prior to eligibility. For workers between 11 and 29 YOWs, reduce the special minimum by 3 1/3 percentage points per YOW so that at 29 YOWs the minimum would be 96 2/3% of poverty, ..., down to 11 YOWs at 36 2/3% of poverty. No minimum for 10 or fewer YOWs.
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 | -2.56 | 95 | 0.00 | 0.00 | -0.00 | ||
| 2030 | 15.80 | 13.16 | -2.64 | 78 | 0.00 | 0.00 | -0.00 | ||
| 2031 | 15.92 | 13.19 | -2.73 | 60 | 0.01 | 0.00 | -0.01 | ||
| 2032 | 16.01 | 13.20 | -2.81 | 43 | 0.01 | 0.00 | -0.01 | ||
| 2033 | 16.08 | 13.24 | -2.84 | 26 | 0.01 | 0.00 | -0.01 | ||
| 2034 | 16.16 | 13.27 | -2.89 | 8 | 0.01 | 0.00 | -0.01 | ||
| 2035 | 16.24 | 13.28 | -2.97 | — | 0.01 | 0.00 | -0.01 | ||
| 2036 | 16.34 | 13.29 | -3.05 | — | 0.02 | 0.00 | -0.02 | ||
| 2037 | 16.43 | 13.30 | -3.14 | — | 0.02 | 0.00 | -0.02 | ||
| 2038 | 16.51 | 13.30 | -3.20 | — | 0.02 | 0.00 | -0.02 | ||
| 2039 | 16.57 | 13.31 | -3.26 | — | 0.02 | 0.00 | -0.02 | ||
| 2040 | 16.63 | 13.32 | -3.31 | — | 0.02 | 0.00 | -0.02 | ||
| 2041 | 16.67 | 13.32 | -3.35 | — | 0.02 | 0.00 | -0.02 | ||
| 2042 | 16.70 | 13.33 | -3.38 | — | 0.03 | 0.00 | -0.02 | ||
| 2043 | 16.74 | 13.33 | -3.41 | — | 0.03 | 0.00 | -0.03 | ||
| 2044 | 16.77 | 13.33 | -3.44 | — | 0.03 | 0.00 | -0.03 | ||
| 2045 | 16.80 | 13.34 | -3.47 | — | 0.03 | 0.00 | -0.03 | ||
| 2046 | 16.83 | 13.34 | -3.49 | — | 0.03 | 0.00 | -0.03 | ||
| 2047 | 16.87 | 13.34 | -3.52 | — | 0.03 | 0.00 | -0.03 | ||
| 2048 | 16.91 | 13.35 | -3.56 | — | 0.03 | 0.00 | -0.03 | ||
| 2049 | 16.96 | 13.35 | -3.60 | — | 0.03 | 0.00 | -0.03 | ||
| 2050 | 17.00 | 13.36 | -3.65 | — | 0.03 | 0.00 | -0.03 | ||
| 2051 | 17.05 | 13.36 | -3.69 | — | 0.03 | 0.00 | -0.03 | ||
| 2052 | 17.11 | 13.37 | -3.75 | — | 0.03 | 0.00 | -0.03 | ||
| 2053 | 17.18 | 13.37 | -3.81 | — | 0.03 | 0.00 | -0.03 | ||
| 2054 | 17.25 | 13.38 | -3.87 | — | 0.03 | 0.00 | -0.03 | ||
| 2055 | 17.33 | 13.39 | -3.95 | — | 0.03 | 0.00 | -0.03 | ||
| 2056 | 17.42 | 13.39 | -4.02 | — | 0.03 | 0.00 | -0.03 | ||
| 2057 | 17.51 | 13.40 | -4.11 | — | 0.03 | 0.00 | -0.03 | ||
| 2058 | 17.60 | 13.41 | -4.19 | — | 0.03 | 0.00 | -0.03 | ||
| 2059 | 17.69 | 13.42 | -4.28 | — | 0.03 | 0.00 | -0.03 | ||
| 2060 | 17.77 | 13.43 | -4.35 | — | 0.03 | 0.00 | -0.03 | ||
| 2061 | 17.85 | 13.43 | -4.42 | — | 0.03 | 0.00 | -0.03 | ||
| 2062 | 17.92 | 13.44 | -4.49 | — | 0.03 | 0.00 | -0.03 | ||
| 2063 | 17.99 | 13.44 | -4.55 | — | 0.03 | 0.00 | -0.03 | ||
| 2064 | 18.06 | 13.45 | -4.61 | — | 0.03 | 0.00 | -0.03 | ||
| 2065 | 18.13 | 13.46 | -4.67 | — | 0.03 | 0.00 | -0.03 | ||
| 2066 | 18.20 | 13.46 | -4.73 | — | 0.03 | 0.00 | -0.03 | ||
| 2067 | 18.26 | 13.47 | -4.80 | — | 0.03 | 0.00 | -0.02 | ||
| 2068 | 18.33 | 13.47 | -4.86 | — | 0.02 | 0.00 | -0.02 | ||
| 2069 | 18.40 | 13.48 | -4.93 | — | 0.02 | 0.00 | -0.02 | ||
| 2070 | 18.48 | 13.49 | -4.99 | — | 0.02 | 0.00 | -0.02 | ||
| 2071 | 18.55 | 13.49 | -5.06 | — | 0.02 | 0.00 | -0.02 | ||
| 2072 | 18.62 | 13.50 | -5.12 | — | 0.02 | 0.00 | -0.02 | ||
| 2073 | 18.69 | 13.50 | -5.19 | — | 0.02 | 0.00 | -0.02 | ||
| 2074 | 18.76 | 13.51 | -5.25 | — | 0.02 | 0.00 | -0.02 | ||
| 2075 | 18.82 | 13.51 | -5.31 | — | 0.02 | 0.00 | -0.02 | ||
| 2076 | 18.87 | 13.52 | -5.35 | — | 0.02 | 0.00 | -0.02 | ||
| 2077 | 18.91 | 13.52 | -5.39 | — | 0.02 | 0.00 | -0.02 | ||
| 2078 | 18.94 | 13.53 | -5.42 | — | 0.02 | 0.00 | -0.01 | ||
| 2079 | 18.96 | 13.53 | -5.43 | — | 0.01 | 0.00 | -0.01 | ||
| 2080 | 18.97 | 13.53 | -5.44 | — | 0.01 | 0.00 | -0.01 | ||
| 2081 | 18.97 | 13.53 | -5.44 | — | 0.01 | 0.00 | -0.01 | ||
| 2082 | 18.96 | 13.53 | -5.43 | — | 0.01 | 0.00 | -0.01 | ||
| 2083 | 18.95 | 13.53 | -5.42 | — | 0.01 | 0.00 | -0.01 | ||
| 2084 | 18.92 | 13.53 | -5.39 | — | 0.01 | 0.00 | -0.01 | ||
| 2085 | 18.88 | 13.53 | -5.35 | — | 0.01 | 0.00 | -0.01 | ||
| 2086 | 18.83 | 13.52 | -5.31 | — | 0.01 | 0.00 | -0.01 | ||
| 2087 | 18.77 | 13.52 | -5.25 | — | 0.01 | 0.00 | -0.01 | ||
| 2088 | 18.71 | 13.52 | -5.19 | — | 0.01 | 0.00 | -0.01 | ||
| 2089 | 18.65 | 13.51 | -5.14 | — | 0.01 | 0.00 | -0.01 | ||
| 2090 | 18.58 | 13.51 | -5.08 | — | 0.01 | 0.00 | -0.01 | ||
| 2091 | 18.52 | 13.51 | -5.02 | — | 0.01 | 0.00 | -0.01 | ||
| 2092 | 18.47 | 13.50 | -4.97 | — | 0.01 | 0.00 | -0.01 | ||
| 2093 | 18.43 | 13.50 | -4.93 | — | 0.01 | 0.00 | -0.01 | ||
| 2094 | 18.39 | 13.50 | -4.89 | — | 0.01 | 0.00 | -0.00 | ||
| 2095 | 18.36 | 13.50 | -4.87 | — | 0.00 | 0.00 | -0.00 | ||
| 2096 | 18.35 | 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 | 17.63% | 13.79% | -3.84% | 2034 | 0.02% | 0.00% | -0.02% | ||
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.