Skip to content
Social Security Online 		Actuarial Publications
www.socialsecurity.gov Home   FAQs   Contact Us   Search
 
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables
Level of Monthly Benefits (PIA)

Description of Proposed Provision:
Increase the PIA to a level such that a worker with 30 years of earnings at the minimum wage level would receive an adjusted PIA equal to 120 percent of the Federal poverty level for an aged individual. This provision would take full effect for all newly eligible OASDI workers in 2025, and would be phased in for new eligible in 2016 through 2024. The percentage increase in PIA would be lowered proportionately for those with fewer than 30 years of earnings, down to no enhancement for workers with 20 or fewer years of earnings. (Year-of-work requirements are scaled for disabled workers based on their years of potential work from age 22 to benefit eligibility). The benefit enhancement percentage would be reduced proportionately for workers with higher average indexed monthly earnings (AIME), down to no enhancement for those with AIME at least twice that of a 35-year steady minimum wage earner.

Financial Estimates for the OASDI Trust Fund Program
  Percentage of taxable payroll
Trust fund
ratio as of
January 1
Calendar
year		 Cost
rate		 Income
rate		 Annual
balance		  
200811.2012.771.57 359
200911.2612.811.54 369
201011.3712.821.46 378
201111.5312.841.31 386
201211.7612.871.11 392
201312.0312.900.87 394
201412.3212.920.60 395
201512.6212.940.32 393
201612.9212.960.04 390
201713.2412.99-0.26 385
201813.5413.01-0.53 378
201913.8413.03-0.82 370
202014.1413.05-1.10 361
202114.4313.06-1.37 351
202214.7113.08-1.63 340
202314.9713.10-1.88 328
202415.2313.11-2.11 315
202515.4713.13-2.34 300
202615.7013.15-2.56 285
202715.9213.16-2.76 270
202816.1313.17-2.96 253
202916.3213.19-3.14 236
203016.4913.20-3.29 218
203116.6313.21-3.42 199
203216.7513.22-3.53 180
203316.8413.22-3.62 161
203416.9013.23-3.67 141
203516.9413.23-3.71 121
203616.9713.24-3.73 101
203716.9813.24-3.74 81
203816.9813.24-3.74 60
203916.9513.24-3.71 39
204016.9213.24-3.68 18
204116.8813.24-3.64 ----
204216.8313.24-3.60 ----
204316.7913.24-3.55 ----
204416.7513.23-3.51 ----
204516.7113.23-3.48 ----
204616.6813.23-3.44 ----
204716.6513.23-3.42 ----
204816.6213.23-3.39 ----
204916.6013.23-3.37 ----
205016.5913.23-3.36 ----
205116.5813.23-3.35 ----
205216.5813.23-3.35 ----
205316.5913.23-3.35 ----
205416.6013.24-3.36 ----
205516.6113.24-3.38 ----
205616.6313.24-3.40 ----
205716.6613.24-3.41 ----
205816.6813.24-3.43 ----
205916.7013.24-3.45 ----
206016.7213.25-3.47 ----
206116.7413.25-3.49 ----
206216.7713.25-3.52 ----
206316.7913.25-3.54 ----
206416.8113.25-3.56 ----
206516.8413.26-3.58 ----
206616.8713.26-3.61 ----
206716.9013.26-3.64 ----
206816.9313.26-3.67 ----
206916.9613.26-3.70 ----
207017.0013.27-3.73 ----
207117.0413.27-3.77 ----
207217.0713.27-3.80 ----
207317.1113.27-3.84 ----
207417.1513.27-3.88 ----
207517.1913.28-3.91 ----
207617.2313.28-3.95 ----
207717.2713.28-3.99 ----
207817.3213.28-4.03 ----
207917.3613.29-4.08 ----
208017.4113.29-4.12 ----
208117.4513.29-4.16 ----
208217.5013.30-4.21 ----
208317.5513.30-4.25 ----
208417.5913.30-4.29 ----
208517.6413.30-4.33 ----


Summarized Rates
Years Cost
rate		 Income
rate		 Actuarial
balance
Change in
actuarial
balance
 
Estimates based on the Intermediate Assumptions of the 2008 Trustees Report
2008-2082 15.68% 13.94% -1.74%
-0.04%

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified August 11, 2008