Proposed Provision: The current spouse benefit is based on 50 percent of the PIA of the other spouse. Reduce this percent each year by 1 percentage point beginning with newly eligible spouses in 2016, until the percent reaches 33 in 2032.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248248
2020233233
2021219219
2022204204
2023189189
2024173173
2025157158
2026142143
2027126127
2028110111
20299495
20307779
20316062
20324244
20332326
203447
2035-16-13
2036-36-32
2037-57-53
2038-78-73
2039-100-94
2040-122-115
2041-144-137
2042-166-158
2043-189-180
2044-211-202
2045-234-224
2046-257-246
2047-280-268
2048-303-291
2049-327-313
2050-351-336
2051-375-359
2052-398-382
2053-423-405
2054-447-428
2055-472-452
2056-496-476
2057-522-500
2058-548-525
2059-574-551
2060-601-577
2061-629-603
2062-657-630
2063-685-657
2064-714-685
2065-744-714
2066-774-743
2067-804-772
2068-835-802
2069-867-832
2070-899-863
2071-932-895
2072-965-928
2073-1000-961
2074-1035-995
2075-1072-1031
2076-1110-1067
2077-1148-1104
2078-1188-1142
2079-1228-1181
2080-1268-1220
2081-1309-1260
2082-1350-1299
2083-1391-1338
2084-1432-1378
2085-1472-1417
2086-1514-1457
2087-1555-1497
2088-1597-1538
2089-1640-1579
2090-1683-1621
back