Proposed Provision: B3.15. Increase the 90 percent PIA formula factor to 91 percent for beneficiaries newly eligible in 2021, 92 percent for those newly eligible in 2022, ..., reaching 95 percent for those newly eligible in 2025 and later.

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

Year Present Law Provision
2016303303
2017293293
2018277277
2019262262
2020246246
2021231231
2022216216
2023200199
2024183182
2025165165
2026149148
2027132131
2028115113
20299896
20308178
20316460
20324642
20332723
203483
2035-11-17
2036-30-37
2037-50-58
2038-71-80
2039-91-101
2040-112-123
2041-133-146
2042-154-168
2043-176-191
2044-197-214
2045-218-236
2046-240-259
2047-262-283
2048-283-306
2049-305-329
2050-327-353
2051-349-377
2052-371-401
2053-393-424
2054-415-448
2055-437-473
2056-460-497
2057-482-522
2058-506-547
2059-529-573
2060-553-599
2061-578-625
2062-603-652
2063-628-680
2064-654-708
2065-680-736
2066-706-765
2067-733-794
2068-760-824
2069-788-854
2070-816-884
2071-845-915
2072-874-947
2073-905-979
2074-935-1013
2075-967-1047
2076-1000-1082
2077-1033-1119
2078-1068-1155
2079-1102-1193
2080-1138-1231
2081-1173-1269
2082-1208-1307
2083-1243-1345
2084-1279-1383
2085-1314-1421
2086-1349-1459
2087-1384-1497
2088-1419-1535
2089-1455-1573
2090-1491-1612
2091-1528-1652
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