Proposed Provision: B3.14. Beginning with those newly eligible for OASDI benefits in 2021, reduce the 15 percent PIA factor by 2 percentage points per year so that it reaches 5 percent for those newly eligible in 2025 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2019 | 273 | 273 |
| 2020 | 260 | 260 |
| 2021 | 245 | 245 |
| 2022 | 229 | 229 |
| 2023 | 213 | 213 |
| 2024 | 197 | 197 |
| 2025 | 180 | 180 |
| 2026 | 163 | 164 |
| 2027 | 147 | 148 |
| 2028 | 130 | 131 |
| 2029 | 114 | 115 |
| 2030 | 97 | 99 |
| 2031 | 80 | 82 |
| 2032 | 63 | 66 |
| 2033 | 46 | 49 |
| 2034 | 28 | 32 |
| 2035 | 10 | 15 |
| 2036 | -9 | -3 |
| 2037 | -28 | -20 |
| 2038 | -47 | -39 |
| 2039 | -67 | -57 |
| 2040 | -87 | -76 |
| 2041 | -108 | -95 |
| 2042 | -129 | -114 |
| 2043 | -150 | -133 |
| 2044 | -171 | -153 |
| 2045 | -192 | -172 |
| 2046 | -213 | -191 |
| 2047 | -234 | -210 |
| 2048 | -255 | -229 |
| 2049 | -276 | -248 |
| 2050 | -297 | -266 |
| 2051 | -318 | -285 |
| 2052 | -338 | -303 |
| 2053 | -359 | -322 |
| 2054 | -380 | -341 |
| 2055 | -401 | -359 |
| 2056 | -422 | -378 |
| 2057 | -444 | -396 |
| 2058 | -465 | -415 |
| 2059 | -487 | -434 |
| 2060 | -509 | -454 |
| 2061 | -531 | -474 |
| 2062 | -554 | -494 |
| 2063 | -577 | -514 |
| 2064 | -601 | -535 |
| 2065 | -625 | -557 |
| 2066 | -649 | -578 |
| 2067 | -674 | -600 |
| 2068 | -699 | -622 |
| 2069 | -724 | -645 |
| 2070 | -749 | -668 |
| 2071 | -776 | -691 |
| 2072 | -802 | -715 |
| 2073 | -830 | -739 |
| 2074 | -857 | -764 |
| 2075 | -885 | -790 |
| 2076 | -914 | -816 |
| 2077 | -944 | -843 |
| 2078 | -975 | -870 |
| 2079 | -1007 | -899 |
| 2080 | -1039 | -928 |
| 2081 | -1072 | -958 |
| 2082 | -1106 | -988 |
| 2083 | -1139 | -1018 |
| 2084 | -1173 | -1048 |
| 2085 | -1207 | -1079 |
| 2086 | -1242 | -1110 |
| 2087 | -1275 | -1140 |
| 2088 | -1309 | -1170 |
| 2089 | -1342 | -1200 |
| 2090 | -1375 | -1229 |
| 2091 | -1407 | -1258 |
| 2092 | -1439 | -1287 |
| 2093 | -1471 | -1316 |
| 2094 | -1503 | -1344 |
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