Proposed Provision: Reduce benefits by 3 percent for those newly eligible for benefits in 2013 and later.

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

Year Present Law Provision
2012340340
2013329329
2014315316
2015302303
2016290291
2017277280
2018265269
2019253258
2020240246
2021227233
2022212220
2023197206
2024181191
2025164176
2026147160
2027129144
2028110126
202990108
20307089
20314970
20322750
2033530
2034-189
2035-41-12
2036-65-34
2037-89-56
2038-114-78
2039-138-100
2040-163-123
2041-189-146
2042-215-169
2043-240-192
2044-266-215
2045-292-239
2046-319-262
2047-346-286
2048-373-310
2049-400-335
2050-428-359
2051-456-384
2052-484-409
2053-512-434
2054-540-459
2055-569-485
2056-598-511
2057-628-537
2058-657-563
2059-688-590
2060-719-618
2061-750-646
2062-782-674
2063-814-703
2064-847-732
2065-880-761
2066-913-791
2067-946-820
2068-980-850
2069-1014-881
2070-1049-912
2071-1084-943
2072-1120-975
2073-1156-1007
2074-1193-1040
2075-1230-1073
2076-1268-1108
2077-1307-1142
2078-1346-1177
2079-1385-1212
2080-1425-1248
2081-1465-1284
2082-1505-1320
2083-1547-1357
2084-1588-1394
2085-1631-1432
2086-1673-1471
2087-1717-1510
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