Proposed Provision: B7.8. Replace the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) with a revised reduction for most OASI benefits based on all earnings, beginning with beneficiaries newly eligible in 2030.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2023 | 204 | 204 |
| 2024 | 187 | 187 |
| 2025 | 168 | 168 |
| 2026 | 149 | 149 |
| 2027 | 131 | 131 |
| 2028 | 114 | 114 |
| 2029 | 96 | 96 |
| 2030 | 78 | 78 |
| 2031 | 60 | 61 |
| 2032 | 43 | 43 |
| 2033 | 25 | 25 |
| 2034 | 7 | 7 |
| 2035 | -12 | -12 |
| 2036 | -31 | -31 |
| 2037 | -51 | -50 |
| 2038 | -70 | -70 |
| 2039 | -91 | -90 |
| 2040 | -112 | -111 |
| 2041 | -133 | -132 |
| 2042 | -154 | -154 |
| 2043 | -176 | -175 |
| 2044 | -198 | -197 |
| 2045 | -220 | -219 |
| 2046 | -243 | -241 |
| 2047 | -265 | -263 |
| 2048 | -288 | -286 |
| 2049 | -311 | -308 |
| 2050 | -333 | -331 |
| 2051 | -357 | -354 |
| 2052 | -380 | -377 |
| 2053 | -403 | -400 |
| 2054 | -427 | -423 |
| 2055 | -450 | -446 |
| 2056 | -474 | -469 |
| 2057 | -498 | -493 |
| 2058 | -522 | -517 |
| 2059 | -547 | -541 |
| 2060 | -572 | -565 |
| 2061 | -597 | -590 |
| 2062 | -623 | -616 |
| 2063 | -650 | -642 |
| 2064 | -677 | -669 |
| 2065 | -705 | -697 |
| 2066 | -733 | -724 |
| 2067 | -762 | -752 |
| 2068 | -791 | -781 |
| 2069 | -820 | -810 |
| 2070 | -850 | -839 |
| 2071 | -880 | -869 |
| 2072 | -911 | -899 |
| 2073 | -942 | -930 |
| 2074 | -974 | -961 |
| 2075 | -1006 | -992 |
| 2076 | -1039 | -1025 |
| 2077 | -1074 | -1059 |
| 2078 | -1108 | -1093 |
| 2079 | -1144 | -1128 |
| 2080 | -1181 | -1164 |
| 2081 | -1218 | -1201 |
| 2082 | -1256 | -1238 |
| 2083 | -1294 | -1276 |
| 2084 | -1333 | -1314 |
| 2085 | -1373 | -1353 |
| 2086 | -1413 | -1392 |
| 2087 | -1453 | -1432 |
| 2088 | -1494 | -1472 |
| 2089 | -1534 | -1511 |
| 2090 | -1574 | -1550 |
| 2091 | -1613 | -1589 |
| 2092 | -1651 | -1627 |
| 2093 | -1689 | -1663 |
| 2094 | -1726 | -1700 |
| 2095 | -1762 | -1735 |
| 2096 | -1798 | -1771 |
| 2097 | -1833 | -1805 |
| 2098 | -1868 | -1839 |
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