Proposed Provision: Beginning with those newly eligible for OASDI benefits in 2014, gradually increase the first PIA bend point in each year so that it is 15 percent higher for those newly eligible in 2023 and later.

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

Year Present Law Provision
2012340340
2013329329
2014315315
2015302302
2016290289
2017277277
2018265265
2019253252
2020240239
2021227225
2022212210
2023197193
2024181176
2025164159
2026147140
2027129121
2028110101
20299080
20307058
20314935
20322712
20335-12
2034-18-37
2035-41-62
2036-65-88
2037-89-114
2038-114-141
2039-138-168
2040-163-195
2041-189-223
2042-215-251
2043-240-280
2044-266-309
2045-292-338
2046-319-367
2047-346-397
2048-373-427
2049-400-458
2050-428-489
2051-456-520
2052-484-551
2053-512-583
2054-540-615
2055-569-647
2056-598-680
2057-628-713
2058-657-747
2059-688-781
2060-719-816
2061-750-852
2062-782-888
2063-814-924
2064-847-961
2065-880-998
2066-913-1036
2067-946-1073
2068-980-1111
2069-1014-1150
2070-1049-1189
2071-1084-1228
2072-1120-1269
2073-1156-1310
2074-1193-1351
2075-1230-1393
2076-1268-1436
2077-1307-1479
2078-1346-1523
2079-1385-1567
2080-1425-1612
2081-1465-1657
2082-1505-1702
2083-1547-1748
2084-1588-1795
2085-1631-1843
2086-1673-1891
2087-1717-1939
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