Proposed Provision: B6.5. Starting in 2019, provide a 5 percent uniform PIA increase 20 years after benefit eligibility. Phase in the PIA increase at 1 percent per year from the 16th through 20th years after eligibility. The full PIA increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to the SSA average wage index.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 277 |
2019 | 262 | 259 |
2020 | 246 | 243 |
2021 | 231 | 227 |
2022 | 216 | 211 |
2023 | 200 | 194 |
2024 | 183 | 176 |
2025 | 165 | 158 |
2026 | 149 | 140 |
2027 | 132 | 123 |
2028 | 115 | 105 |
2029 | 98 | 87 |
2030 | 81 | 69 |
2031 | 64 | 51 |
2032 | 46 | 32 |
2033 | 27 | 12 |
2034 | 8 | -8 |
2035 | -11 | -28 |
2036 | -30 | -49 |
2037 | -50 | -70 |
2038 | -71 | -91 |
2039 | -91 | -113 |
2040 | -112 | -135 |
2041 | -133 | -158 |
2042 | -154 | -180 |
2043 | -176 | -203 |
2044 | -197 | -226 |
2045 | -218 | -249 |
2046 | -240 | -272 |
2047 | -262 | -295 |
2048 | -283 | -318 |
2049 | -305 | -342 |
2050 | -327 | -365 |
2051 | -349 | -389 |
2052 | -371 | -412 |
2053 | -393 | -436 |
2054 | -415 | -460 |
2055 | -437 | -483 |
2056 | -460 | -507 |
2057 | -482 | -532 |
2058 | -506 | -557 |
2059 | -529 | -582 |
2060 | -553 | -607 |
2061 | -578 | -633 |
2062 | -603 | -660 |
2063 | -628 | -687 |
2064 | -654 | -714 |
2065 | -680 | -742 |
2066 | -706 | -770 |
2067 | -733 | -798 |
2068 | -760 | -827 |
2069 | -788 | -856 |
2070 | -816 | -886 |
2071 | -845 | -917 |
2072 | -874 | -948 |
2073 | -905 | -980 |
2074 | -935 | -1012 |
2075 | -967 | -1046 |
2076 | -1000 | -1080 |
2077 | -1033 | -1116 |
2078 | -1068 | -1152 |
2079 | -1102 | -1189 |
2080 | -1138 | -1226 |
2081 | -1173 | -1264 |
2082 | -1208 | -1301 |
2083 | -1243 | -1339 |
2084 | -1279 | -1376 |
2085 | -1314 | -1413 |
2086 | -1349 | -1450 |
2087 | -1384 | -1488 |
2088 | -1419 | -1525 |
2089 | -1455 | -1563 |
2090 | -1491 | -1601 |
2091 | -1528 | -1640 |
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