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 2014-2022.

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

Year Present Law Provision
2013330330
2014315316
2015301301
2016286286
2017271271
2018257258
2019244245
2020231233
2021218220
2022204207
2023189193
2024173178
2025158164
2026142149
2027125134
2028108118
202990101
20307184
20315267
20323148
20331130
2034-1110
2035-32-9
2036-55-30
2037-78-50
2038-101-71
2039-124-91
2040-148-112
2041-172-134
2042-196-155
2043-220-176
2044-245-197
2045-269-219
2046-294-240
2047-319-262
2048-345-284
2049-371-307
2050-397-329
2051-423-351
2052-449-374
2053-476-397
2054-502-420
2055-530-443
2056-557-466
2057-585-490
2058-613-515
2059-642-540
2060-671-565
2061-701-591
2062-732-617
2063-763-644
2064-794-671
2065-826-699
2066-859-727
2067-892-755
2068-925-784
2069-959-814
2070-993-844
2071-1028-874
2072-1064-906
2073-1101-938
2074-1139-971
2075-1178-1004
2076-1217-1039
2077-1258-1074
2078-1299-1110
2079-1340-1146
2080-1382-1183
2081-1424-1219
2082-1466-1256
2083-1508-1292
2084-1550-1329
2085-1592-1366
2086-1635-1403
2087-1678-1441
2088-1722-1480
back