Proposed Provision: B1.5. Progressive price indexing (60th percentile) of PIA factors beginning with individuals newly eligible for OASDI benefits in 2031: Create a new bend point at the 60th percentile of the AIME distribution of newly retired workers. Maintain current-law benefits for earners at the 60th percentile and below. Reduce the 32 and 15 percent factors above the 60th 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 | 
      
    
    
      | 2024 | 188 | 188 |       
| 2025 | 171 | 171 |       
| 2026 | 152 | 152 |       
| 2027 | 134 | 134 |       
| 2028 | 117 | 117 |       
| 2029 | 101 | 101 |       
| 2030 | 84 | 84 |       
| 2031 | 68 | 68 |       
| 2032 | 53 | 53 |       
| 2033 | 37 | 37 |       
| 2034 | 22 | 22 |       
| 2035 | 7 | 7 |       
| 2036 | -9 | -9 |       
| 2037 | -26 | -25 |       
| 2038 | -43 | -42 |       
| 2039 | -60 | -60 |       
| 2040 | -78 | -77 |       
| 2041 | -96 | -96 |       
| 2042 | -115 | -114 |       
| 2043 | -135 | -133 |       
| 2044 | -154 | -152 |       
| 2045 | -174 | -172 |       
| 2046 | -194 | -191 |       
| 2047 | -215 | -211 |       
| 2048 | -235 | -231 |       
| 2049 | -256 | -251 |       
| 2050 | -277 | -271 |       
| 2051 | -299 | -291 |       
| 2052 | -320 | -311 |       
| 2053 | -342 | -331 |       
| 2054 | -364 | -352 |       
| 2055 | -386 | -372 |       
| 2056 | -409 | -393 |       
| 2057 | -431 | -414 |       
| 2058 | -455 | -434 |       
| 2059 | -478 | -456 |       
| 2060 | -502 | -477 |       
| 2061 | -527 | -499 |       
| 2062 | -553 | -522 |       
| 2063 | -579 | -545 |       
| 2064 | -605 | -568 |       
| 2065 | -632 | -592 |       
| 2066 | -660 | -615 |       
| 2067 | -688 | -640 |       
| 2068 | -716 | -664 |       
| 2069 | -745 | -688 |       
| 2070 | -774 | -713 |       
| 2071 | -803 | -738 |       
| 2072 | -834 | -763 |       
| 2073 | -864 | -789 |       
| 2074 | -895 | -815 |       
| 2075 | -927 | -841 |       
| 2076 | -960 | -868 |       
| 2077 | -993 | -895 |       
| 2078 | -1027 | -923 |       
| 2079 | -1062 | -952 |       
| 2080 | -1098 | -981 |       
| 2081 | -1134 | -1010 |       
| 2082 | -1172 | -1039 |       
| 2083 | -1209 | -1070 |       
| 2084 | -1248 | -1100 |       
| 2085 | -1287 | -1131 |       
| 2086 | -1327 | -1162 |       
| 2087 | -1368 | -1194 |       
| 2088 | -1409 | -1225 |       
| 2089 | -1450 | -1257 |       
| 2090 | -1491 | -1288 |       
| 2091 | -1532 | -1319 |       
| 2092 | -1573 | -1349 |       
| 2093 | -1612 | -1378 |       
| 2094 | -1651 | -1407 |       
| 2095 | -1689 | -1434 |       
| 2096 | -1727 | -1462 |       
| 2097 | -1764 | -1489 |       
| 2098 | -1801 | -1515 |       
| 2099 | -1838 | -1541 | 
    
    
  
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