Proposed Provision: B1.4. Progressive price indexing (50th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2030: Create a new bend point at the 50th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 50th percentile and below. Reduce the 32 and 15 percent factors above the 50th percentile such that the initial benefit for a worker with AIME equal to the taxable maximum grows by inflation rather than the growth in the SSA average wage index.
  
    OASDI Trust Fund Ratio
    (assets as a percentage of annual expenditures)
    
    
    
    
    
      
        | Year | 
        Current Law | 
        Provision | 
      
    
    
      | 2023 | 204 | 204 |       
| 2024 | 187 | 187 |       
| 2025 | 168 | 168 |       
| 2026 | 149 | 149 |       
| 2027 | 131 | 131 |       
| 2028 | 114 | 114 |       
| 2029 | 96 | 96 |       
| 2030 | 78 | 78 |       
| 2031 | 60 | 61 |       
| 2032 | 43 | 43 |       
| 2033 | 25 | 25 |       
| 2034 | 7 | 7 |       
| 2035 | -12 | -12 |       
| 2036 | -31 | -31 |       
| 2037 | -51 | -50 |       
| 2038 | -70 | -70 |       
| 2039 | -91 | -90 |       
| 2040 | -112 | -111 |       
| 2041 | -133 | -132 |       
| 2042 | -154 | -153 |       
| 2043 | -176 | -174 |       
| 2044 | -198 | -196 |       
| 2045 | -220 | -217 |       
| 2046 | -243 | -239 |       
| 2047 | -265 | -261 |       
| 2048 | -288 | -283 |       
| 2049 | -311 | -304 |       
| 2050 | -333 | -326 |       
| 2051 | -357 | -348 |       
| 2052 | -380 | -370 |       
| 2053 | -403 | -392 |       
| 2054 | -427 | -413 |       
| 2055 | -450 | -435 |       
| 2056 | -474 | -457 |       
| 2057 | -498 | -479 |       
| 2058 | -522 | -500 |       
| 2059 | -547 | -522 |       
| 2060 | -572 | -545 |       
| 2061 | -597 | -567 |       
| 2062 | -623 | -590 |       
| 2063 | -650 | -614 |       
| 2064 | -677 | -637 |       
| 2065 | -705 | -661 |       
| 2066 | -733 | -685 |       
| 2067 | -762 | -710 |       
| 2068 | -791 | -734 |       
| 2069 | -820 | -759 |       
| 2070 | -850 | -783 |       
| 2071 | -880 | -809 |       
| 2072 | -911 | -834 |       
| 2073 | -942 | -860 |       
| 2074 | -974 | -886 |       
| 2075 | -1006 | -912 |       
| 2076 | -1039 | -939 |       
| 2077 | -1074 | -966 |       
| 2078 | -1108 | -995 |       
| 2079 | -1144 | -1023 |       
| 2080 | -1181 | -1052 |       
| 2081 | -1218 | -1082 |       
| 2082 | -1256 | -1111 |       
| 2083 | -1294 | -1141 |       
| 2084 | -1333 | -1171 |       
| 2085 | -1373 | -1201 |       
| 2086 | -1413 | -1231 |       
| 2087 | -1453 | -1261 |       
| 2088 | -1494 | -1290 |       
| 2089 | -1534 | -1319 |       
| 2090 | -1574 | -1347 |       
| 2091 | -1613 | -1375 |       
| 2092 | -1651 | -1401 |       
| 2093 | -1689 | -1426 |       
| 2094 | -1726 | -1450 |       
| 2095 | -1762 | -1473 |       
| 2096 | -1798 | -1496 |       
| 2097 | -1833 | -1518 |       
| 2098 | -1868 | -1539 | 
    
    
  
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