Proposed Provision: B7.9. Beginning for newly eligible retired workers and spouses in 2028, all claimants who are married would receive a specified joint-and-survivor annuity benefit (i.e., surviving spouses would receive 75 percent of the decedents' benefits, in addition to their own) that would be payable if both were still alive. Initial benefits would be actuarially adjusted to keep the expected value of benefits equivalent to what would otherwise be current law.

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

Year Current Law Provision
2021253253
2022231231
2023214214
2024196196
2025178178
2026159159
2027141141
2028122123
2029104104
20308585
20316667
20324649
20332730
2034712
2035-13-7
2036-33-26
2037-54-45
2038-76-64
2039-97-84
2040-119-104
2041-142-124
2042-165-145
2043-188-166
2044-211-187
2045-235-209
2046-258-230
2047-282-252
2048-306-274
2049-330-296
2050-354-318
2051-378-341
2052-403-364
2053-427-387
2054-452-411
2055-477-435
2056-502-459
2057-527-484
2058-552-509
2059-578-535
2060-604-561
2061-630-587
2062-657-614
2063-684-641
2064-712-669
2065-740-697
2066-768-725
2067-796-754
2068-825-783
2069-855-813
2070-884-842
2071-914-873
2072-945-904
2073-976-935
2074-1007-966
2075-1039-999
2076-1071-1032
2077-1105-1066
2078-1139-1100
2079-1175-1136
2080-1211-1173
2081-1248-1210
2082-1286-1248
2083-1324-1286
2084-1363-1326
2085-1403-1366
2086-1443-1406
2087-1483-1446
2088-1524-1487
2089-1564-1528
2090-1604-1568
2091-1643-1608
2092-1681-1647
2093-1718-1685
2094-1754-1722
2095-1789-1760
2096-1825-1797
back