Proposed Provision: B7.2. Reduce benefits by 5 percent for those newly eligible for benefits in 2019 and later.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2018 | 288 | 288 |
2019 | 272 | 272 |
2020 | 256 | 256 |
2021 | 239 | 240 |
2022 | 223 | 224 |
2023 | 206 | 208 |
2024 | 188 | 191 |
2025 | 171 | 175 |
2026 | 154 | 159 |
2027 | 137 | 144 |
2028 | 120 | 128 |
2029 | 104 | 113 |
2030 | 86 | 97 |
2031 | 69 | 82 |
2032 | 51 | 66 |
2033 | 33 | 50 |
2034 | 14 | 33 |
2035 | -5 | 16 |
2036 | -25 | -1 |
2037 | -46 | -19 |
2038 | -67 | -37 |
2039 | -88 | -55 |
2040 | -110 | -74 |
2041 | -132 | -93 |
2042 | -154 | -112 |
2043 | -176 | -131 |
2044 | -199 | -149 |
2045 | -221 | -168 |
2046 | -244 | -187 |
2047 | -267 | -206 |
2048 | -289 | -224 |
2049 | -312 | -243 |
2050 | -335 | -261 |
2051 | -358 | -280 |
2052 | -381 | -298 |
2053 | -403 | -317 |
2054 | -426 | -335 |
2055 | -450 | -354 |
2056 | -473 | -373 |
2057 | -496 | -392 |
2058 | -520 | -411 |
2059 | -544 | -430 |
2060 | -569 | -450 |
2061 | -594 | -470 |
2062 | -619 | -491 |
2063 | -645 | -512 |
2064 | -671 | -534 |
2065 | -698 | -555 |
2066 | -725 | -578 |
2067 | -752 | -600 |
2068 | -780 | -623 |
2069 | -808 | -647 |
2070 | -837 | -670 |
2071 | -866 | -695 |
2072 | -896 | -719 |
2073 | -927 | -745 |
2074 | -958 | -771 |
2075 | -990 | -798 |
2076 | -1023 | -825 |
2077 | -1057 | -854 |
2078 | -1092 | -883 |
2079 | -1128 | -913 |
2080 | -1165 | -943 |
2081 | -1202 | -974 |
2082 | -1240 | -1006 |
2083 | -1278 | -1037 |
2084 | -1316 | -1069 |
2085 | -1354 | -1101 |
2086 | -1392 | -1133 |
2087 | -1430 | -1164 |
2088 | -1468 | -1196 |
2089 | -1505 | -1227 |
2090 | -1543 | -1258 |
2091 | -1580 | -1289 |
2092 | -1618 | -1320 |
2093 | -1655 | -1352 |
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