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
2025169169
2026149149
2027131131
2028113113
20299595
20307877
20316059
20324342
20332624
203497
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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