Proposed Provision: B6.2. Provide the same dollar amount increase to the monthly benefit amount (MBA) of any beneficiary who is 85 or older at the beginning of 2023 or who reaches their 85th birthday after the beginning of 2023. The dollar amount of increase equals 5 percent of the average retired-worker MBA in the prior year.

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

Year Current Law Provision
2022230230
2023211210
2024194193
2025177176
2026160158
2027143141
2028126123
2029109106
20309188
20317471
20325753
20333935
20342117
20353-2
2036-16-21
2037-35-41
2038-54-61
2039-74-81
2040-95-102
2041-116-124
2042-137-145
2043-158-167
2044-180-189
2045-202-212
2046-224-234
2047-246-257
2048-268-280
2049-291-303
2050-313-327
2051-336-350
2052-359-374
2053-383-398
2054-406-422
2055-430-446
2056-453-471
2057-477-495
2058-501-520
2059-525-545
2060-550-570
2061-575-596
2062-601-622
2063-627-649
2064-654-676
2065-681-704
2066-708-732
2067-736-760
2068-764-789
2069-792-818
2070-821-847
2071-850-877
2072-880-907
2073-910-938
2074-940-969
2075-971-1001
2076-1003-1033
2077-1036-1066
2078-1069-1101
2079-1104-1136
2080-1139-1172
2081-1175-1209
2082-1212-1246
2083-1249-1284
2084-1286-1323
2085-1324-1362
2086-1363-1401
2087-1402-1441
2088-1442-1482
2089-1481-1522
2090-1520-1562
2091-1558-1601
2092-1595-1639
2093-1632-1677
2094-1668-1714
2095-1703-1750
2096-1738-1786
2097-1773-1821
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