Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2013, multiply the 32 and 15 percent formula factors each year by 0.987. Stop reductions in 2043, 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
2012340340
2013329329
2014315315
2015302302
2016290290
2017277279
2018265267
2019253256
2020240244
2021227232
2022212219
2023197205
2024181191
2025164176
2026147162
2027129146
2028110130
202990114
20307097
20314979
20322762
2033543
2034-1825
2035-417
2036-65-11
2037-89-30
2038-114-48
2039-138-66
2040-163-85
2041-189-103
2042-215-120
2043-240-138
2044-266-155
2045-292-172
2046-319-189
2047-346-205
2048-373-222
2049-400-238
2050-428-253
2051-456-268
2052-484-283
2053-512-298
2054-540-312
2055-569-327
2056-598-341
2057-628-355
2058-657-369
2059-688-383
2060-719-397
2061-750-411
2062-782-425
2063-814-439
2064-847-453
2065-880-467
2066-913-481
2067-946-495
2068-980-508
2069-1014-522
2070-1049-537
2071-1084-551
2072-1120-566
2073-1156-581
2074-1193-596
2075-1230-611
2076-1268-627
2077-1307-643
2078-1346-659
2079-1385-675
2080-1425-692
2081-1465-709
2082-1505-726
2083-1547-743
2084-1588-761
2085-1631-779
2086-1673-798
2087-1717-817
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