Proposed Provision: B3.15. Increase the 90 percent PIA formula factor to 91 percent for beneficiaries newly eligible in 2023, 92 percent for those newly eligible in 2024, ..., reaching 95 percent for those newly eligible in 2027 and later.

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

Year Current Law Provision
2018288288
2019272272
2020256256
2021239239
2022223223
2023206206
2024188188
2025171171
2026154154
2027137137
2028120120
2029104103
20308685
20316967
20325149
20333330
20341411
2035-5-9
2036-25-30
2037-46-51
2038-67-73
2039-88-95
2040-110-118
2041-132-141
2042-154-164
2043-176-187
2044-199-211
2045-221-235
2046-244-259
2047-267-283
2048-289-307
2049-312-331
2050-335-356
2051-358-380
2052-381-404
2053-403-429
2054-426-454
2055-450-479
2056-473-504
2057-496-529
2058-520-555
2059-544-581
2060-569-607
2061-594-634
2062-619-662
2063-645-690
2064-671-718
2065-698-747
2066-725-776
2067-752-806
2068-780-836
2069-808-866
2070-837-897
2071-866-928
2072-896-961
2073-927-994
2074-958-1027
2075-990-1061
2076-1023-1097
2077-1057-1133
2078-1092-1171
2079-1128-1210
2080-1165-1249
2081-1202-1289
2082-1240-1329
2083-1278-1370
2084-1316-1411
2085-1354-1452
2086-1392-1493
2087-1430-1534
2088-1468-1574
2089-1505-1615
2090-1543-1655
2091-1580-1695
2092-1618-1735
2093-1655-1776
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