Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2020, gradually increase the first PIA bend point in each year so that it is 15 percent higher for those newly eligible in 2034 and later.

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

Year Present Law Provision
2013330330
2014315315
2015301301
2016286286
2017271271
2018257257
2019244244
2020231231
2021218218
2022204203
2023189189
2024173173
2025158157
2026142141
2027125124
2028108107
20299088
20307169
20315249
20323128
2033117
2034-11-15
2035-32-38
2036-55-61
2037-78-84
2038-101-109
2039-124-133
2040-148-158
2041-172-183
2042-196-209
2043-220-235
2044-245-261
2045-269-287
2046-294-314
2047-319-341
2048-345-368
2049-371-396
2050-397-424
2051-423-452
2052-449-481
2053-476-510
2054-502-539
2055-530-569
2056-557-599
2057-585-629
2058-613-660
2059-642-692
2060-671-725
2061-701-758
2062-732-791
2063-763-825
2064-794-860
2065-826-895
2066-859-931
2067-892-967
2068-925-1004
2069-959-1042
2070-993-1080
2071-1028-1118
2072-1064-1158
2073-1101-1199
2074-1139-1241
2075-1178-1283
2076-1217-1327
2077-1258-1371
2078-1299-1417
2079-1340-1462
2080-1382-1508
2081-1424-1555
2082-1466-1601
2083-1508-1647
2084-1550-1693
2085-1592-1740
2086-1635-1787
2087-1678-1834
2088-1722-1882
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