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 2028 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 |
| 2025 | 169 | 169 |
| 2026 | 149 | 149 |
| 2027 | 131 | 131 |
| 2028 | 113 | 113 |
| 2029 | 95 | 95 |
| 2030 | 78 | 77 |
| 2031 | 60 | 59 |
| 2032 | 43 | 42 |
| 2033 | 26 | 24 |
| 2034 | 9 | 7 |
| 2035 | -9 | -10 |
| 2036 | -27 | -28 |
| 2037 | -45 | -47 |
| 2038 | -63 | -65 |
| 2039 | -83 | -85 |
| 2040 | -102 | -104 |
| 2041 | -122 | -125 |
| 2042 | -143 | -145 |
| 2043 | -164 | -166 |
| 2044 | -185 | -187 |
| 2045 | -206 | -209 |
| 2046 | -228 | -231 |
| 2047 | -250 | -253 |
| 2048 | -272 | -275 |
| 2049 | -295 | -297 |
| 2050 | -317 | -320 |
| 2051 | -340 | -342 |
| 2052 | -363 | -365 |
| 2053 | -386 | -389 |
| 2054 | -409 | -412 |
| 2055 | -433 | -435 |
| 2056 | -457 | -459 |
| 2057 | -481 | -483 |
| 2058 | -505 | -508 |
| 2059 | -530 | -533 |
| 2060 | -556 | -558 |
| 2061 | -582 | -585 |
| 2062 | -609 | -612 |
| 2063 | -636 | -639 |
| 2064 | -664 | -667 |
| 2065 | -692 | -695 |
| 2066 | -721 | -724 |
| 2067 | -750 | -753 |
| 2068 | -780 | -783 |
| 2069 | -810 | -813 |
| 2070 | -840 | -843 |
| 2071 | -871 | -874 |
| 2072 | -903 | -906 |
| 2073 | -935 | -937 |
| 2074 | -967 | -970 |
| 2075 | -1000 | -1003 |
| 2076 | -1035 | -1037 |
| 2077 | -1070 | -1073 |
| 2078 | -1106 | -1108 |
| 2079 | -1142 | -1145 |
| 2080 | -1180 | -1183 |
| 2081 | -1219 | -1222 |
| 2082 | -1258 | -1261 |
| 2083 | -1298 | -1301 |
| 2084 | -1338 | -1342 |
| 2085 | -1380 | -1383 |
| 2086 | -1423 | -1426 |
| 2087 | -1466 | -1470 |
| 2088 | -1510 | -1514 |
| 2089 | -1554 | -1558 |
| 2090 | -1599 | -1602 |
| 2091 | -1643 | -1647 |
| 2092 | -1687 | -1691 |
| 2093 | -1731 | -1734 |
| 2094 | -1774 | -1777 |
| 2095 | -1816 | -1819 |
| 2096 | -1858 | -1861 |
| 2097 | -1900 | -1903 |
| 2098 | -1941 | -1944 |
| 2099 | -1982 | -1985 |
| 2100 | -2022 | -2025 |
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