Proposed Provision: B3.14. Beginning with those newly eligible for OASDI benefits in 2020, reduce the 15 percent PIA factor by 2 percentage points per year so that it reaches 5 percent for those newly eligible in 2024 and later.

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

Year Current Law Provision
2018288288
2019272272
2020256256
2021239239
2022223223
2023206206
2024188189
2025171172
2026154155
2027137138
2028120122
2029104105
20308689
20316972
20325155
20333337
20341419
2035-51
2036-25-18
2037-46-37
2038-67-57
2039-88-77
2040-110-97
2041-132-118
2042-154-138
2043-176-159
2044-199-180
2045-221-200
2046-244-221
2047-267-242
2048-289-262
2049-312-283
2050-335-303
2051-358-324
2052-381-345
2053-403-365
2054-426-386
2055-450-406
2056-473-427
2057-496-448
2058-520-469
2059-544-491
2060-569-513
2061-594-535
2062-619-558
2063-645-581
2064-671-605
2065-698-629
2066-725-653
2067-752-678
2068-780-703
2069-808-729
2070-837-755
2071-866-781
2072-896-809
2073-927-836
2074-958-865
2075-990-894
2076-1023-924
2077-1057-955
2078-1092-986
2079-1128-1019
2080-1165-1052
2081-1202-1086
2082-1240-1120
2083-1278-1155
2084-1316-1190
2085-1354-1224
2086-1392-1259
2087-1430-1293
2088-1468-1328
2089-1505-1362
2090-1543-1396
2091-1580-1430
2092-1618-1464
2093-1655-1498
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