Proposed Provision: B7.11. Beginning in January 2029, eliminate the retirement earnings test for all beneficiaries under normal retirement age, including retired workers, aged spouses, aged widow(er)s, young spouses with a child in care, young surviving spouses with a child in care, and children.
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 | 91 |
| 2030 | 74 | 72 |
| 2031 | 57 | 53 |
| 2032 | 40 | 35 |
| 2033 | 23 | 18 |
| 2034 | 7 | 1 |
| 2035 | -9 | -16 |
| 2036 | -25 | -33 |
| 2037 | -41 | -50 |
| 2038 | -58 | -68 |
| 2039 | -76 | -86 |
| 2040 | -94 | -104 |
| 2041 | -112 | -123 |
| 2042 | -132 | -143 |
| 2043 | -151 | -163 |
| 2044 | -171 | -183 |
| 2045 | -192 | -204 |
| 2046 | -213 | -226 |
| 2047 | -234 | -248 |
| 2048 | -256 | -270 |
| 2049 | -279 | -292 |
| 2050 | -301 | -315 |
| 2051 | -324 | -338 |
| 2052 | -347 | -362 |
| 2053 | -371 | -386 |
| 2054 | -395 | -410 |
| 2055 | -420 | -434 |
| 2056 | -445 | -459 |
| 2057 | -470 | -485 |
| 2058 | -496 | -511 |
| 2059 | -522 | -537 |
| 2060 | -550 | -565 |
| 2061 | -578 | -592 |
| 2062 | -607 | -621 |
| 2063 | -636 | -650 |
| 2064 | -666 | -680 |
| 2065 | -697 | -711 |
| 2066 | -729 | -742 |
| 2067 | -761 | -774 |
| 2068 | -794 | -807 |
| 2069 | -827 | -840 |
| 2070 | -861 | -874 |
| 2071 | -896 | -908 |
| 2072 | -931 | -943 |
| 2073 | -967 | -979 |
| 2074 | -1004 | -1016 |
| 2075 | -1042 | -1054 |
| 2076 | -1081 | -1093 |
| 2077 | -1121 | -1133 |
| 2078 | -1162 | -1173 |
| 2079 | -1204 | -1216 |
| 2080 | -1248 | -1259 |
| 2081 | -1292 | -1303 |
| 2082 | -1337 | -1348 |
| 2083 | -1384 | -1394 |
| 2084 | -1431 | -1442 |
| 2085 | -1480 | -1490 |
| 2086 | -1530 | -1540 |
| 2087 | -1581 | -1591 |
| 2088 | -1633 | -1643 |
| 2089 | -1686 | -1696 |
| 2090 | -1740 | -1749 |
| 2091 | -1795 | -1804 |
| 2092 | -1850 | -1859 |
| 2093 | -1906 | -1914 |
| 2094 | -1962 | -1970 |
| 2095 | -2019 | -2026 |
| 2096 | -2075 | -2082 |
| 2097 | -2132 | -2138 |
| 2098 | -2189 | -2195 |
| 2099 | -2246 | -2251 |
| 2100 | -2303 | -2307 |
| 2101 | -2359 | -2363 |
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