Proposed Provision: Increase the first PIA formula factor from 90 percent to 93 percent for all beneficiaries eligible as of January 2015 and for those newly eligible for benefits after January 2015.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2013 | 330 | 330 |
| 2014 | 315 | 315 |
| 2015 | 301 | 296 |
| 2016 | 286 | 280 |
| 2017 | 271 | 264 |
| 2018 | 257 | 249 |
| 2019 | 244 | 235 |
| 2020 | 231 | 221 |
| 2021 | 218 | 206 |
| 2022 | 204 | 191 |
| 2023 | 189 | 175 |
| 2024 | 173 | 159 |
| 2025 | 158 | 142 |
| 2026 | 142 | 125 |
| 2027 | 125 | 107 |
| 2028 | 108 | 89 |
| 2029 | 90 | 70 |
| 2030 | 71 | 50 |
| 2031 | 52 | 29 |
| 2032 | 31 | 8 |
| 2033 | 11 | -14 |
| 2034 | -11 | -37 |
| 2035 | -32 | -60 |
| 2036 | -55 | -84 |
| 2037 | -78 | -108 |
| 2038 | -101 | -133 |
| 2039 | -124 | -158 |
| 2040 | -148 | -183 |
| 2041 | -172 | -209 |
| 2042 | -196 | -234 |
| 2043 | -220 | -260 |
| 2044 | -245 | -286 |
| 2045 | -269 | -313 |
| 2046 | -294 | -339 |
| 2047 | -319 | -366 |
| 2048 | -345 | -393 |
| 2049 | -371 | -421 |
| 2050 | -397 | -449 |
| 2051 | -423 | -477 |
| 2052 | -449 | -505 |
| 2053 | -476 | -533 |
| 2054 | -502 | -561 |
| 2055 | -530 | -590 |
| 2056 | -557 | -619 |
| 2057 | -585 | -649 |
| 2058 | -613 | -679 |
| 2059 | -642 | -710 |
| 2060 | -671 | -741 |
| 2061 | -701 | -773 |
| 2062 | -732 | -805 |
| 2063 | -763 | -838 |
| 2064 | -794 | -872 |
| 2065 | -826 | -905 |
| 2066 | -859 | -940 |
| 2067 | -892 | -975 |
| 2068 | -925 | -1010 |
| 2069 | -959 | -1046 |
| 2070 | -993 | -1082 |
| 2071 | -1028 | -1119 |
| 2072 | -1064 | -1157 |
| 2073 | -1101 | -1197 |
| 2074 | -1139 | -1236 |
| 2075 | -1178 | -1277 |
| 2076 | -1217 | -1319 |
| 2077 | -1258 | -1362 |
| 2078 | -1299 | -1406 |
| 2079 | -1340 | -1450 |
| 2080 | -1382 | -1494 |
| 2081 | -1424 | -1538 |
| 2082 | -1466 | -1582 |
| 2083 | -1508 | -1627 |
| 2084 | -1550 | -1671 |
| 2085 | -1592 | -1716 |
| 2086 | -1635 | -1761 |
| 2087 | -1678 | -1806 |
| 2088 | -1722 | -1852 |
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