Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2027, gradually reduce the 15 percent PIA factor in each year so that it reaches 10 percent for those newly eligible in 2056 and later.

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

Year Present Law Provision
2014320320
2015306306
2016292292
2017277277
2018262262
2019248248
2020233233
2021219219
2022203203
2023187187
2024171171
2025154154
2026137137
2027119119
2028101101
20298383
20306464
20314444
20322323
203322
2034-20-20
2035-42-42
2036-65-65
2037-88-88
2038-112-112
2039-136-136
2040-160-160
2041-185-185
2042-210-209
2043-235-234
2044-260-259
2045-285-284
2046-310-310
2047-336-335
2048-362-361
2049-388-387
2050-415-414
2051-442-440
2052-468-467
2053-495-494
2054-523-521
2055-550-548
2056-578-576
2057-606-604
2058-635-632
2059-664-662
2060-694-691
2061-725-721
2062-756-752
2063-787-783
2064-819-814
2065-852-847
2066-885-879
2067-918-912
2068-952-945
2069-987-979
2070-1022-1014
2071-1057-1049
2072-1094-1085
2073-1132-1122
2074-1171-1160
2075-1210-1199
2076-1251-1239
2077-1293-1279
2078-1335-1321
2079-1378-1363
2080-1421-1405
2081-1464-1447
2082-1507-1489
2083-1550-1531
2084-1593-1573
2085-1636-1615
2086-1680-1658
2087-1724-1701
2088-1769-1745
2089-1814-1789
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