Proposed Provision: B5.5. Beginning for those newly eligible in 2018, reconfigure the special minimum benefit: (a) A year of coverage is defined as a year in which either 20 percent of the "old law maximum" is earned or a child is in care. Childcare years are granted to parents who have a child under 6, with a limit of 8 such years. (b) At implementation, set the PIA for 30 years of coverage equal to 133 percent of the Census monthly poverty level (about $1,260 in 2015). For those with under 30 years of coverage, the PIA per year of coverage over 19 years is $1,260/11 = $114.50. (c) Index the initial PIA per year of coverage by wage growth for successive cohorts. (d) Scale work requirements for disabled workers, based on the number of years of non-disabled potential work.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2016303303
2017293293
2018277277
2019262261
2020246246
2021231231
2022216215
2023200199
2024183182
2025165165
2026149148
2027132131
2028115114
20299897
20308179
20316462
20324644
20332725
203486
2035-11-13
2036-30-33
2037-50-53
2038-71-74
2039-91-95
2040-112-116
2041-133-137
2042-154-159
2043-176-180
2044-197-202
2045-218-224
2046-240-246
2047-262-268
2048-283-290
2049-305-312
2050-327-334
2051-349-356
2052-371-379
2053-393-401
2054-415-424
2055-437-446
2056-460-469
2057-482-492
2058-506-516
2059-529-540
2060-553-564
2061-578-589
2062-603-614
2063-628-640
2064-654-666
2065-680-693
2066-706-720
2067-733-747
2068-760-775
2069-788-803
2070-816-832
2071-845-861
2072-874-891
2073-905-921
2074-935-953
2075-967-985
2076-1000-1018
2077-1033-1052
2078-1068-1087
2079-1102-1123
2080-1138-1158
2081-1173-1194
2082-1208-1230
2083-1243-1266
2084-1279-1302
2085-1314-1337
2086-1349-1373
2087-1384-1409
2088-1419-1445
2089-1455-1481
2090-1491-1518
2091-1528-1555
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