Proposed Provision: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2012-2020.

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

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328328
2016321322
2017314315
2018306308
2019296299
2020284288
2021272277
2022259265
2023245252
2024230239
2025214225
2026198211
2027181195
2028164179
2029145163
2030127146
2031107129
203287111
20336793
20344675
20352556
2036437
2037-1818
2038-40-1
2039-62-20
2040-85-39
2041-108-59
2042-130-78
2043-153-98
2044-176-117
2045-200-137
2046-223-157
2047-247-177
2048-271-197
2049-295-217
2050-319-237
2051-343-257
2052-368-278
2053-393-298
2054-418-319
2055-443-340
2056-468-361
2057-494-382
2058-521-404
2059-548-427
2060-575-449
2061-602-472
2062-630-495
2063-659-519
2064-687-542
2065-716-566
2066-746-591
2067-775-615
2068-805-640
2069-835-665
2070-866-690
2071-897-716
2072-928-742
2073-960-769
2074-992-796
2075-1025-823
2076-1058-851
2077-1092-879
2078-1126-908
2079-1161-937
2080-1196-967
2081-1232-997
2082-1268-1028
2083-1305-1059
2084-1342-1090
2085-1380-1122
2086-1419-1155
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