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 | 
    
    
      | 2018 | 288 | 288 | 
| 2019 | 272 | 272 | 
| 2020 | 256 | 256 | 
| 2021 | 239 | 239 | 
| 2022 | 223 | 223 | 
| 2023 | 206 | 206 | 
| 2024 | 188 | 189 | 
| 2025 | 171 | 172 | 
| 2026 | 154 | 155 | 
| 2027 | 137 | 138 | 
| 2028 | 120 | 122 | 
| 2029 | 104 | 105 | 
| 2030 | 86 | 89 | 
| 2031 | 69 | 72 | 
| 2032 | 51 | 55 | 
| 2033 | 33 | 37 | 
| 2034 | 14 | 19 | 
| 2035 | -5 | 1 | 
| 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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