Proposed Provision: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2013-2021.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2012 | 340 | 340 |
2013 | 329 | 329 |
2014 | 315 | 315 |
2015 | 302 | 302 |
2016 | 290 | 290 |
2017 | 277 | 278 |
2018 | 265 | 267 |
2019 | 253 | 255 |
2020 | 240 | 243 |
2021 | 227 | 230 |
2022 | 212 | 217 |
2023 | 197 | 202 |
2024 | 181 | 187 |
2025 | 164 | 172 |
2026 | 147 | 156 |
2027 | 129 | 140 |
2028 | 110 | 122 |
2029 | 90 | 104 |
2030 | 70 | 86 |
2031 | 49 | 66 |
2032 | 27 | 46 |
2033 | 5 | 26 |
2034 | -18 | 5 |
2035 | -41 | -16 |
2036 | -65 | -37 |
2037 | -89 | -59 |
2038 | -114 | -81 |
2039 | -138 | -103 |
2040 | -163 | -125 |
2041 | -189 | -148 |
2042 | -215 | -170 |
2043 | -240 | -193 |
2044 | -266 | -216 |
2045 | -292 | -239 |
2046 | -319 | -262 |
2047 | -346 | -285 |
2048 | -373 | -308 |
2049 | -400 | -332 |
2050 | -428 | -356 |
2051 | -456 | -380 |
2052 | -484 | -404 |
2053 | -512 | -428 |
2054 | -540 | -452 |
2055 | -569 | -477 |
2056 | -598 | -502 |
2057 | -628 | -527 |
2058 | -657 | -553 |
2059 | -688 | -579 |
2060 | -719 | -605 |
2061 | -750 | -632 |
2062 | -782 | -659 |
2063 | -814 | -687 |
2064 | -847 | -714 |
2065 | -880 | -742 |
2066 | -913 | -771 |
2067 | -946 | -799 |
2068 | -980 | -828 |
2069 | -1014 | -857 |
2070 | -1049 | -887 |
2071 | -1084 | -917 |
2072 | -1120 | -947 |
2073 | -1156 | -978 |
2074 | -1193 | -1010 |
2075 | -1230 | -1041 |
2076 | -1268 | -1074 |
2077 | -1307 | -1107 |
2078 | -1346 | -1141 |
2079 | -1385 | -1174 |
2080 | -1425 | -1208 |
2081 | -1465 | -1243 |
2082 | -1505 | -1278 |
2083 | -1547 | -1313 |
2084 | -1588 | -1349 |
2085 | -1631 | -1386 |
2086 | -1673 | -1423 |
2087 | -1717 | -1460 |
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