Proposed Provision: B1.6 (2025). Progressive price indexing (30th percentile) of PIA factors beginning with individuals newly eligible for OASI benefits in 2025: Create a new bend point at the 30th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 30th percentile and below. Reduce the 32 and 15 percent factors above the 30th percentile such that the initial benefit for a worker with AIME equal to the taxable maximum grows by inflation rather than the growth in the SSA average wage index. 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.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2016 | 303 | 303 |
| 2017 | 293 | 293 |
| 2018 | 277 | 277 |
| 2019 | 262 | 262 |
| 2020 | 246 | 246 |
| 2021 | 231 | 231 |
| 2022 | 216 | 216 |
| 2023 | 200 | 200 |
| 2024 | 183 | 183 |
| 2025 | 165 | 165 |
| 2026 | 149 | 149 |
| 2027 | 132 | 132 |
| 2028 | 115 | 115 |
| 2029 | 98 | 98 |
| 2030 | 81 | 81 |
| 2031 | 64 | 64 |
| 2032 | 46 | 46 |
| 2033 | 27 | 28 |
| 2034 | 8 | 10 |
| 2035 | -11 | -9 |
| 2036 | -30 | -28 |
| 2037 | -50 | -47 |
| 2038 | -71 | -66 |
| 2039 | -91 | -86 |
| 2040 | -112 | -106 |
| 2041 | -133 | -126 |
| 2042 | -154 | -145 |
| 2043 | -176 | -165 |
| 2044 | -197 | -184 |
| 2045 | -218 | -204 |
| 2046 | -240 | -223 |
| 2047 | -262 | -242 |
| 2048 | -283 | -261 |
| 2049 | -305 | -280 |
| 2050 | -327 | -299 |
| 2051 | -349 | -317 |
| 2052 | -371 | -335 |
| 2053 | -393 | -353 |
| 2054 | -415 | -371 |
| 2055 | -437 | -389 |
| 2056 | -460 | -406 |
| 2057 | -482 | -424 |
| 2058 | -506 | -441 |
| 2059 | -529 | -459 |
| 2060 | -553 | -477 |
| 2061 | -578 | -494 |
| 2062 | -603 | -512 |
| 2063 | -628 | -530 |
| 2064 | -654 | -548 |
| 2065 | -680 | -565 |
| 2066 | -706 | -583 |
| 2067 | -733 | -601 |
| 2068 | -760 | -619 |
| 2069 | -788 | -637 |
| 2070 | -816 | -655 |
| 2071 | -845 | -673 |
| 2072 | -874 | -692 |
| 2073 | -905 | -710 |
| 2074 | -935 | -729 |
| 2075 | -967 | -749 |
| 2076 | -1000 | -768 |
| 2077 | -1033 | -788 |
| 2078 | -1068 | -808 |
| 2079 | -1102 | -828 |
| 2080 | -1138 | -848 |
| 2081 | -1173 | -868 |
| 2082 | -1208 | -887 |
| 2083 | -1243 | -906 |
| 2084 | -1279 | -925 |
| 2085 | -1314 | -943 |
| 2086 | -1349 | -961 |
| 2087 | -1384 | -979 |
| 2088 | -1419 | -997 |
| 2089 | -1455 | -1015 |
| 2090 | -1491 | -1033 |
| 2091 | -1528 | -1051 |
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