Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2012, multiply the 32 and 15 percent formula factors each year by 0.987. Stop reductions in 2042, when the formula factors reach 21 percent and 10 percent, respectively.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328328
2016321322
2017314316
2018306309
2019296300
2020284290
2021272279
2022259268
2023245256
2024230244
2025214231
2026198218
2027181204
2028164190
2029145175
2030127160
2031107145
203287130
203367115
20344699
20352584
2036469
2037-1854
2038-4039
2039-6224
2040-8510
2041-108-4
2042-130-18
2043-153-32
2044-176-45
2045-200-57
2046-223-70
2047-247-82
2048-271-93
2049-295-105
2050-319-116
2051-343-126
2052-368-137
2053-393-147
2054-418-157
2055-443-167
2056-468-176
2057-494-186
2058-521-196
2059-548-205
2060-575-215
2061-602-224
2062-630-234
2063-659-244
2064-687-253
2065-716-263
2066-746-272
2067-775-282
2068-805-292
2069-835-301
2070-866-311
2071-897-322
2072-928-332
2073-960-342
2074-992-353
2075-1025-364
2076-1058-376
2077-1092-387
2078-1126-399
2079-1161-411
2080-1196-424
2081-1232-437
2082-1268-450
2083-1305-463
2084-1342-477
2085-1380-491
2086-1419-505
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