Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2015, multiply the 32 and 15 percent PIA factors each year by 0.987. Stop reductions after 2045, when the factors reach 21 percent and 10 percent, respectively.

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

Year Present Law Provision
2014320320
2015306306
2016292292
2017277277
2018262263
2019248249
2020233234
2021219221
2022203206
2023187191
2024171176
2025154161
2026137145
2027119129
2028101113
20298397
20306480
20314462
20322345
2033227
2034-208
2035-42-10
2036-65-29
2037-88-48
2038-112-67
2039-136-86
2040-160-105
2041-185-124
2042-210-143
2043-235-161
2044-260-179
2045-285-197
2046-310-215
2047-336-233
2048-362-250
2049-388-267
2050-415-284
2051-442-300
2052-468-317
2053-495-333
2054-523-348
2055-550-364
2056-578-379
2057-606-395
2058-635-410
2059-664-425
2060-694-441
2061-725-457
2062-756-473
2063-787-489
2064-819-505
2065-852-521
2066-885-537
2067-918-554
2068-952-571
2069-987-587
2070-1022-605
2071-1057-622
2072-1094-640
2073-1132-659
2074-1171-678
2075-1210-698
2076-1251-718
2077-1293-738
2078-1335-759
2079-1378-780
2080-1421-801
2081-1464-822
2082-1507-843
2083-1550-864
2084-1593-885
2085-1636-906
2086-1680-927
2087-1724-949
2088-1769-971
2089-1814-993
back