Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2016, multiply all PIA formula factors each year by 0.991. Stop reductions after 2044. Disabled workers are: (a) not affected prior to normal retirement age; and (b) subject to a proportional reduction in benefits, based on the worker's years of disability, upon conversion to retired-worker beneficiary status. Young survivors (children of deceased workers and surviving spouses with a child in care) are not affected.
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 | 266 |
| 2019 | 253 | 254 |
| 2020 | 240 | 241 |
| 2021 | 227 | 228 |
| 2022 | 212 | 214 |
| 2023 | 197 | 200 |
| 2024 | 181 | 185 |
| 2025 | 164 | 169 |
| 2026 | 147 | 153 |
| 2027 | 129 | 137 |
| 2028 | 110 | 120 |
| 2029 | 90 | 102 |
| 2030 | 70 | 84 |
| 2031 | 49 | 65 |
| 2032 | 27 | 46 |
| 2033 | 5 | 26 |
| 2034 | -18 | 7 |
| 2035 | -41 | -13 |
| 2036 | -65 | -33 |
| 2037 | -89 | -53 |
| 2038 | -114 | -73 |
| 2039 | -138 | -93 |
| 2040 | -163 | -113 |
| 2041 | -189 | -133 |
| 2042 | -215 | -153 |
| 2043 | -240 | -172 |
| 2044 | -266 | -191 |
| 2045 | -292 | -210 |
| 2046 | -319 | -229 |
| 2047 | -346 | -248 |
| 2048 | -373 | -266 |
| 2049 | -400 | -284 |
| 2050 | -428 | -302 |
| 2051 | -456 | -319 |
| 2052 | -484 | -336 |
| 2053 | -512 | -352 |
| 2054 | -540 | -369 |
| 2055 | -569 | -385 |
| 2056 | -598 | -400 |
| 2057 | -628 | -416 |
| 2058 | -657 | -431 |
| 2059 | -688 | -446 |
| 2060 | -719 | -462 |
| 2061 | -750 | -477 |
| 2062 | -782 | -492 |
| 2063 | -814 | -506 |
| 2064 | -847 | -521 |
| 2065 | -880 | -536 |
| 2066 | -913 | -550 |
| 2067 | -946 | -565 |
| 2068 | -980 | -579 |
| 2069 | -1014 | -593 |
| 2070 | -1049 | -608 |
| 2071 | -1084 | -623 |
| 2072 | -1120 | -638 |
| 2073 | -1156 | -653 |
| 2074 | -1193 | -668 |
| 2075 | -1230 | -684 |
| 2076 | -1268 | -699 |
| 2077 | -1307 | -716 |
| 2078 | -1346 | -732 |
| 2079 | -1385 | -748 |
| 2080 | -1425 | -765 |
| 2081 | -1465 | -782 |
| 2082 | -1505 | -799 |
| 2083 | -1547 | -817 |
| 2084 | -1588 | -835 |
| 2085 | -1631 | -853 |
| 2086 | -1673 | -872 |
| 2087 | -1717 | -891 |
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