Proposed Provision: Reduce benefits by 5 percent for those newly eligible for benefits in 2015 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2014 | 320 | 320 |
2015 | 306 | 306 |
2016 | 292 | 293 |
2017 | 277 | 279 |
2018 | 262 | 265 |
2019 | 248 | 251 |
2020 | 233 | 237 |
2021 | 219 | 224 |
2022 | 203 | 211 |
2023 | 187 | 197 |
2024 | 171 | 182 |
2025 | 154 | 167 |
2026 | 137 | 152 |
2027 | 119 | 136 |
2028 | 101 | 121 |
2029 | 83 | 104 |
2030 | 64 | 88 |
2031 | 44 | 70 |
2032 | 23 | 53 |
2033 | 2 | 34 |
2034 | -20 | 16 |
2035 | -42 | -3 |
2036 | -65 | -23 |
2037 | -88 | -43 |
2038 | -112 | -63 |
2039 | -136 | -83 |
2040 | -160 | -104 |
2041 | -185 | -124 |
2042 | -210 | -145 |
2043 | -235 | -165 |
2044 | -260 | -186 |
2045 | -285 | -207 |
2046 | -310 | -228 |
2047 | -336 | -249 |
2048 | -362 | -270 |
2049 | -388 | -292 |
2050 | -415 | -313 |
2051 | -442 | -335 |
2052 | -468 | -357 |
2053 | -495 | -379 |
2054 | -523 | -401 |
2055 | -550 | -424 |
2056 | -578 | -446 |
2057 | -606 | -470 |
2058 | -635 | -493 |
2059 | -664 | -517 |
2060 | -694 | -542 |
2061 | -725 | -567 |
2062 | -756 | -593 |
2063 | -787 | -619 |
2064 | -819 | -645 |
2065 | -852 | -672 |
2066 | -885 | -700 |
2067 | -918 | -727 |
2068 | -952 | -756 |
2069 | -987 | -785 |
2070 | -1022 | -814 |
2071 | -1057 | -844 |
2072 | -1094 | -875 |
2073 | -1132 | -906 |
2074 | -1171 | -939 |
2075 | -1210 | -972 |
2076 | -1251 | -1006 |
2077 | -1293 | -1041 |
2078 | -1335 | -1076 |
2079 | -1378 | -1112 |
2080 | -1421 | -1148 |
2081 | -1464 | -1184 |
2082 | -1507 | -1220 |
2083 | -1550 | -1256 |
2084 | -1593 | -1293 |
2085 | -1636 | -1329 |
2086 | -1680 | -1366 |
2087 | -1724 | -1403 |
2088 | -1769 | -1441 |
2089 | -1814 | -1479 |
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