Proposed Provision: Increase the first PIA bend point above the current law level for workers newly eligible for benefits in 2019 and later; by 1 percent for 2019, by 2 percent for 2020,..., and by 15 percent for 2033 and later.
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 | 277 |
2018 | 265 | 265 |
2019 | 253 | 253 |
2020 | 240 | 240 |
2021 | 227 | 227 |
2022 | 212 | 212 |
2023 | 197 | 197 |
2024 | 181 | 180 |
2025 | 164 | 164 |
2026 | 147 | 146 |
2027 | 129 | 128 |
2028 | 110 | 108 |
2029 | 90 | 88 |
2030 | 70 | 67 |
2031 | 49 | 45 |
2032 | 27 | 23 |
2033 | 5 | 0 |
2034 | -18 | -24 |
2035 | -41 | -48 |
2036 | -65 | -73 |
2037 | -89 | -98 |
2038 | -114 | -123 |
2039 | -138 | -149 |
2040 | -163 | -176 |
2041 | -189 | -203 |
2042 | -215 | -230 |
2043 | -240 | -257 |
2044 | -266 | -285 |
2045 | -292 | -313 |
2046 | -319 | -341 |
2047 | -346 | -370 |
2048 | -373 | -399 |
2049 | -400 | -429 |
2050 | -428 | -458 |
2051 | -456 | -489 |
2052 | -484 | -519 |
2053 | -512 | -550 |
2054 | -540 | -581 |
2055 | -569 | -612 |
2056 | -598 | -644 |
2057 | -628 | -676 |
2058 | -657 | -709 |
2059 | -688 | -743 |
2060 | -719 | -777 |
2061 | -750 | -812 |
2062 | -782 | -847 |
2063 | -814 | -883 |
2064 | -847 | -919 |
2065 | -880 | -955 |
2066 | -913 | -992 |
2067 | -946 | -1029 |
2068 | -980 | -1067 |
2069 | -1014 | -1105 |
2070 | -1049 | -1143 |
2071 | -1084 | -1182 |
2072 | -1120 | -1222 |
2073 | -1156 | -1262 |
2074 | -1193 | -1303 |
2075 | -1230 | -1344 |
2076 | -1268 | -1386 |
2077 | -1307 | -1429 |
2078 | -1346 | -1472 |
2079 | -1385 | -1516 |
2080 | -1425 | -1560 |
2081 | -1465 | -1604 |
2082 | -1505 | -1649 |
2083 | -1547 | -1695 |
2084 | -1588 | -1741 |
2085 | -1631 | -1788 |
2086 | -1673 | -1835 |
2087 | -1717 | -1883 |
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