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
2012340340
2013329329
2014315315
2015302302
2016290290
2017277277
2018265265
2019253253
2020240240
2021227227
2022212212
2023197197
2024181180
2025164164
2026147146
2027129128
2028110108
20299088
20307067
20314945
20322723
203350
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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