Proposed Provision: Beginning for those newly eligible for benefits in 2017, increase the special minimum benefit by making the following changes.  (a) A year of coverage is defined as a year in which 4 quarters of coverage are earned. (b) Set the PIA for 30 years of coverage equal to 125 percent of the monthly poverty level (about $1,128 in 2009). The PIA per year of coverage (after the first 10 years) would be $1,128/20 = $56.40. (c) Increase the PIA per year of coverage from 2009 to the year of implementation, 2017, using the chain-CPI index; then index the initial PIA per year of coverage by wage growth for successive cohorts, so that the special minimum keeps up with the wage-indexed benefit formula. Scale work requirements for disabled workers based on the years of potential work (not disabled).
  
    OASDI Trust Fund Ratio
    (assets as a percentage of annual expenditures)
    
    
    
    
    
      
        | Year | 
        Present Law | 
        Provision | 
      
    
    
      | 2010 | 355 | 355 |       
| 2011 | 353 | 353 |       
| 2012 | 350 | 350 |       
| 2013 | 346 | 346 |       
| 2014 | 341 | 341 |       
| 2015 | 335 | 335 |       
| 2016 | 330 | 330 |       
| 2017 | 324 | 324 |       
| 2018 | 317 | 317 |       
| 2019 | 309 | 308 |       
| 2020 | 299 | 298 |       
| 2021 | 289 | 287 |       
| 2022 | 277 | 275 |       
| 2023 | 264 | 262 |       
| 2024 | 251 | 248 |       
| 2025 | 237 | 233 |       
| 2026 | 221 | 217 |       
| 2027 | 205 | 201 |       
| 2028 | 189 | 184 |       
| 2029 | 171 | 166 |       
| 2030 | 154 | 148 |       
| 2031 | 136 | 129 |       
| 2032 | 117 | 109 |       
| 2033 | 98 | 90 |       
| 2034 | 79 | 70 |       
| 2035 | 59 | 49 |       
| 2036 | 39 | 28 |       
| 2037 | 19 | 7 |       
| 2038 | -1 | -14 |       
| 2039 | -21 | -35 |       
| 2040 | -42 | -57 |       
| 2041 | -63 | -79 |       
| 2042 | -84 | -101 |       
| 2043 | -105 | -123 |       
| 2044 | -126 | -145 |       
| 2045 | -147 | -167 |       
| 2046 | -168 | -189 |       
| 2047 | -189 | -212 |       
| 2048 | -211 | -235 |       
| 2049 | -233 | -258 |       
| 2050 | -255 | -281 |       
| 2051 | -277 | -304 |       
| 2052 | -299 | -328 |       
| 2053 | -321 | -352 |       
| 2054 | -344 | -375 |       
| 2055 | -366 | -399 |       
| 2056 | -389 | -424 |       
| 2057 | -412 | -449 |       
| 2058 | -436 | -474 |       
| 2059 | -460 | -499 |       
| 2060 | -485 | -525 |       
| 2061 | -509 | -551 |       
| 2062 | -534 | -578 |       
| 2063 | -560 | -605 |       
| 2064 | -586 | -632 |       
| 2065 | -612 | -660 |       
| 2066 | -638 | -688 |       
| 2067 | -665 | -717 |       
| 2068 | -692 | -745 |       
| 2069 | -720 | -775 |       
| 2070 | -748 | -804 |       
| 2071 | -776 | -834 |       
| 2072 | -805 | -865 |       
| 2073 | -834 | -896 |       
| 2074 | -864 | -927 |       
| 2075 | -894 | -959 |       
| 2076 | -925 | -992 |       
| 2077 | -957 | -1025 |       
| 2078 | -989 | -1059 |       
| 2079 | -1021 | -1093 |       
| 2080 | -1054 | -1128 |       
| 2081 | -1087 | -1163 |       
| 2082 | -1121 | -1199 |       
| 2083 | -1156 | -1235 |       
| 2084 | -1191 | -1272 |       
| 2085 | -1227 | -1310 | 
    
    
  
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