Proposed Provision: Increase benefits by 20 percent for all beneficiaries as of the beginning of 2016 and for those newly eligible for benefits after the beginning of 2016.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2015 | 308 | 308 |
2016 | 298 | 248 |
2017 | 280 | 219 |
2018 | 264 | 191 |
2019 | 248 | 164 |
2020 | 233 | 137 |
2021 | 219 | 111 |
2022 | 204 | 85 |
2023 | 189 | 59 |
2024 | 173 | 33 |
2025 | 157 | 7 |
2026 | 142 | -20 |
2027 | 126 | -47 |
2028 | 110 | -75 |
2029 | 94 | -104 |
2030 | 77 | -134 |
2031 | 60 | -164 |
2032 | 42 | -196 |
2033 | 23 | -229 |
2034 | 4 | -262 |
2035 | -16 | -297 |
2036 | -36 | -331 |
2037 | -57 | -367 |
2038 | -78 | -404 |
2039 | -100 | -441 |
2040 | -122 | -480 |
2041 | -144 | -518 |
2042 | -166 | -558 |
2043 | -189 | -597 |
2044 | -211 | -637 |
2045 | -234 | -678 |
2046 | -257 | -719 |
2047 | -280 | -760 |
2048 | -303 | -802 |
2049 | -327 | -844 |
2050 | -351 | -886 |
2051 | -375 | -928 |
2052 | -398 | -971 |
2053 | -423 | -1013 |
2054 | -447 | -1056 |
2055 | -472 | -1099 |
2056 | -496 | -1142 |
2057 | -522 | -1186 |
2058 | -548 | -1231 |
2059 | -574 | -1276 |
2060 | -601 | -1322 |
2061 | -629 | -1369 |
2062 | -657 | -1416 |
2063 | -685 | -1464 |
2064 | -714 | -1513 |
2065 | -744 | -1563 |
2066 | -774 | -1613 |
2067 | -804 | -1663 |
2068 | -835 | -1715 |
2069 | -867 | -1767 |
2070 | -899 | -1819 |
2071 | -932 | -1873 |
2072 | -965 | -1928 |
2073 | -1000 | -1985 |
2074 | -1035 | -2043 |
2075 | -1072 | -2103 |
2076 | -1110 | -2165 |
2077 | -1148 | -2229 |
2078 | -1188 | -2294 |
2079 | -1228 | -2360 |
2080 | -1268 | -2427 |
2081 | -1309 | -2494 |
2082 | -1350 | -2561 |
2083 | -1391 | -2628 |
2084 | -1432 | -2695 |
2085 | -1472 | -2761 |
2086 | -1514 | -2828 |
2087 | -1555 | -2895 |
2088 | -1597 | -2963 |
2089 | -1640 | -3032 |
2090 | -1683 | -3102 |
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