Proposed Provision: B7.14. Eliminate completely the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), effective 2024.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2023 | 204 | 204 |
| 2024 | 187 | 185 |
| 2025 | 168 | 165 |
| 2026 | 149 | 146 |
| 2027 | 131 | 127 |
| 2028 | 114 | 109 |
| 2029 | 96 | 91 |
| 2030 | 78 | 73 |
| 2031 | 60 | 54 |
| 2032 | 43 | 36 |
| 2033 | 25 | 18 |
| 2034 | 7 | -1 |
| 2035 | -12 | -20 |
| 2036 | -31 | -40 |
| 2037 | -51 | -60 |
| 2038 | -70 | -81 |
| 2039 | -91 | -102 |
| 2040 | -112 | -123 |
| 2041 | -133 | -145 |
| 2042 | -154 | -167 |
| 2043 | -176 | -190 |
| 2044 | -198 | -213 |
| 2045 | -220 | -235 |
| 2046 | -243 | -258 |
| 2047 | -265 | -281 |
| 2048 | -288 | -305 |
| 2049 | -311 | -328 |
| 2050 | -333 | -352 |
| 2051 | -357 | -376 |
| 2052 | -380 | -399 |
| 2053 | -403 | -423 |
| 2054 | -427 | -447 |
| 2055 | -450 | -472 |
| 2056 | -474 | -496 |
| 2057 | -498 | -520 |
| 2058 | -522 | -545 |
| 2059 | -547 | -570 |
| 2060 | -572 | -596 |
| 2061 | -597 | -622 |
| 2062 | -623 | -649 |
| 2063 | -650 | -676 |
| 2064 | -677 | -704 |
| 2065 | -705 | -733 |
| 2066 | -733 | -761 |
| 2067 | -762 | -791 |
| 2068 | -791 | -820 |
| 2069 | -820 | -850 |
| 2070 | -850 | -881 |
| 2071 | -880 | -912 |
| 2072 | -911 | -943 |
| 2073 | -942 | -975 |
| 2074 | -974 | -1007 |
| 2075 | -1006 | -1040 |
| 2076 | -1039 | -1074 |
| 2077 | -1074 | -1109 |
| 2078 | -1108 | -1144 |
| 2079 | -1144 | -1181 |
| 2080 | -1181 | -1218 |
| 2081 | -1218 | -1257 |
| 2082 | -1256 | -1295 |
| 2083 | -1294 | -1334 |
| 2084 | -1333 | -1374 |
| 2085 | -1373 | -1415 |
| 2086 | -1413 | -1456 |
| 2087 | -1453 | -1497 |
| 2088 | -1494 | -1538 |
| 2089 | -1534 | -1579 |
| 2090 | -1574 | -1620 |
| 2091 | -1613 | -1660 |
| 2092 | -1651 | -1700 |
| 2093 | -1689 | -1738 |
| 2094 | -1726 | -1776 |
| 2095 | -1762 | -1813 |
| 2096 | -1798 | -1850 |
| 2097 | -1833 | -1886 |
| 2098 | -1868 | -1922 |
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