Proposed Provision: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2013-2021.
  
    OASDI Trust Fund Ratio
    (assets as a percentage of annual expenditures)
    
    
    
    
    
      
        | Year | 
        Present Law | 
        Provision | 
      
    
    
      | 2012 | 340 | 340 |       
| 2013 | 329 | 329 |       
| 2014 | 315 | 315 |       
| 2015 | 302 | 302 |       
| 2016 | 290 | 290 |       
| 2017 | 277 | 278 |       
| 2018 | 265 | 267 |       
| 2019 | 253 | 255 |       
| 2020 | 240 | 243 |       
| 2021 | 227 | 230 |       
| 2022 | 212 | 217 |       
| 2023 | 197 | 202 |       
| 2024 | 181 | 187 |       
| 2025 | 164 | 172 |       
| 2026 | 147 | 156 |       
| 2027 | 129 | 140 |       
| 2028 | 110 | 122 |       
| 2029 | 90 | 104 |       
| 2030 | 70 | 86 |       
| 2031 | 49 | 66 |       
| 2032 | 27 | 46 |       
| 2033 | 5 | 26 |       
| 2034 | -18 | 5 |       
| 2035 | -41 | -16 |       
| 2036 | -65 | -37 |       
| 2037 | -89 | -59 |       
| 2038 | -114 | -81 |       
| 2039 | -138 | -103 |       
| 2040 | -163 | -125 |       
| 2041 | -189 | -148 |       
| 2042 | -215 | -170 |       
| 2043 | -240 | -193 |       
| 2044 | -266 | -216 |       
| 2045 | -292 | -239 |       
| 2046 | -319 | -262 |       
| 2047 | -346 | -285 |       
| 2048 | -373 | -308 |       
| 2049 | -400 | -332 |       
| 2050 | -428 | -356 |       
| 2051 | -456 | -380 |       
| 2052 | -484 | -404 |       
| 2053 | -512 | -428 |       
| 2054 | -540 | -452 |       
| 2055 | -569 | -477 |       
| 2056 | -598 | -502 |       
| 2057 | -628 | -527 |       
| 2058 | -657 | -553 |       
| 2059 | -688 | -579 |       
| 2060 | -719 | -605 |       
| 2061 | -750 | -632 |       
| 2062 | -782 | -659 |       
| 2063 | -814 | -687 |       
| 2064 | -847 | -714 |       
| 2065 | -880 | -742 |       
| 2066 | -913 | -771 |       
| 2067 | -946 | -799 |       
| 2068 | -980 | -828 |       
| 2069 | -1014 | -857 |       
| 2070 | -1049 | -887 |       
| 2071 | -1084 | -917 |       
| 2072 | -1120 | -947 |       
| 2073 | -1156 | -978 |       
| 2074 | -1193 | -1010 |       
| 2075 | -1230 | -1041 |       
| 2076 | -1268 | -1074 |       
| 2077 | -1307 | -1107 |       
| 2078 | -1346 | -1141 |       
| 2079 | -1385 | -1174 |       
| 2080 | -1425 | -1208 |       
| 2081 | -1465 | -1243 |       
| 2082 | -1505 | -1278 |       
| 2083 | -1547 | -1313 |       
| 2084 | -1588 | -1349 |       
| 2085 | -1631 | -1386 |       
| 2086 | -1673 | -1423 |       
| 2087 | -1717 | -1460 | 
    
    
  
  back