Proposed Provision: B7.12. Provide an option to split the 8-percent delayed retirement credit (DRC) to offer a lump sum benefit at initial entitlement equal to 2 percent of the 8 percent DRC earned, and a 6 percent DRC on subsequent monthly benefits, effective for workers newly entitled to retired worker benefits in 2029 and later. Widows are held harmless from the lump-sum decision.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2026 | 151 | 151 |
| 2027 | 131 | 131 |
| 2028 | 111 | 111 |
| 2029 | 92 | 92 |
| 2030 | 74 | 74 |
| 2031 | 57 | 56 |
| 2032 | 40 | 39 |
| 2033 | 23 | 22 |
| 2034 | 7 | 6 |
| 2035 | -9 | -10 |
| 2036 | -25 | -26 |
| 2037 | -41 | -43 |
| 2038 | -58 | -60 |
| 2039 | -76 | -77 |
| 2040 | -94 | -96 |
| 2041 | -112 | -114 |
| 2042 | -132 | -133 |
| 2043 | -151 | -153 |
| 2044 | -171 | -173 |
| 2045 | -192 | -194 |
| 2046 | -213 | -215 |
| 2047 | -234 | -236 |
| 2048 | -256 | -258 |
| 2049 | -279 | -281 |
| 2050 | -301 | -303 |
| 2051 | -324 | -326 |
| 2052 | -347 | -350 |
| 2053 | -371 | -373 |
| 2054 | -395 | -397 |
| 2055 | -420 | -422 |
| 2056 | -445 | -447 |
| 2057 | -470 | -472 |
| 2058 | -496 | -498 |
| 2059 | -522 | -525 |
| 2060 | -550 | -552 |
| 2061 | -578 | -580 |
| 2062 | -607 | -609 |
| 2063 | -636 | -638 |
| 2064 | -666 | -669 |
| 2065 | -697 | -700 |
| 2066 | -729 | -731 |
| 2067 | -761 | -763 |
| 2068 | -794 | -796 |
| 2069 | -827 | -829 |
| 2070 | -861 | -863 |
| 2071 | -896 | -898 |
| 2072 | -931 | -933 |
| 2073 | -967 | -969 |
| 2074 | -1004 | -1006 |
| 2075 | -1042 | -1044 |
| 2076 | -1081 | -1083 |
| 2077 | -1121 | -1123 |
| 2078 | -1162 | -1164 |
| 2079 | -1204 | -1207 |
| 2080 | -1248 | -1250 |
| 2081 | -1292 | -1295 |
| 2082 | -1337 | -1340 |
| 2083 | -1384 | -1386 |
| 2084 | -1431 | -1434 |
| 2085 | -1480 | -1482 |
| 2086 | -1530 | -1532 |
| 2087 | -1581 | -1583 |
| 2088 | -1633 | -1636 |
| 2089 | -1686 | -1689 |
| 2090 | -1740 | -1743 |
| 2091 | -1795 | -1798 |
| 2092 | -1850 | -1853 |
| 2093 | -1906 | -1909 |
| 2094 | -1962 | -1965 |
| 2095 | -2019 | -2021 |
| 2096 | -2075 | -2078 |
| 2097 | -2132 | -2135 |
| 2098 | -2189 | -2192 |
| 2099 | -2246 | -2249 |
| 2100 | -2303 | -2305 |
| 2101 | -2359 | -2362 |
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