Proposed Provision: B7.11. Beginning in January 2027, 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 |
| 2024 | 188 | 188 |
| 2025 | 171 | 171 |
| 2026 | 152 | 152 |
| 2027 | 134 | 132 |
| 2028 | 117 | 113 |
| 2029 | 101 | 95 |
| 2030 | 84 | 78 |
| 2031 | 68 | 61 |
| 2032 | 53 | 45 |
| 2033 | 37 | 29 |
| 2034 | 22 | 13 |
| 2035 | 7 | -4 |
| 2036 | -9 | -20 |
| 2037 | -26 | -37 |
| 2038 | -43 | -55 |
| 2039 | -60 | -73 |
| 2040 | -78 | -91 |
| 2041 | -96 | -110 |
| 2042 | -115 | -129 |
| 2043 | -135 | -149 |
| 2044 | -154 | -169 |
| 2045 | -174 | -189 |
| 2046 | -194 | -210 |
| 2047 | -215 | -230 |
| 2048 | -235 | -251 |
| 2049 | -256 | -272 |
| 2050 | -277 | -293 |
| 2051 | -299 | -315 |
| 2052 | -320 | -336 |
| 2053 | -342 | -358 |
| 2054 | -364 | -380 |
| 2055 | -386 | -402 |
| 2056 | -409 | -425 |
| 2057 | -431 | -447 |
| 2058 | -455 | -470 |
| 2059 | -478 | -494 |
| 2060 | -502 | -518 |
| 2061 | -527 | -543 |
| 2062 | -553 | -568 |
| 2063 | -579 | -593 |
| 2064 | -605 | -620 |
| 2065 | -632 | -646 |
| 2066 | -660 | -674 |
| 2067 | -688 | -701 |
| 2068 | -716 | -729 |
| 2069 | -745 | -758 |
| 2070 | -774 | -786 |
| 2071 | -803 | -816 |
| 2072 | -834 | -845 |
| 2073 | -864 | -876 |
| 2074 | -895 | -907 |
| 2075 | -927 | -939 |
| 2076 | -960 | -971 |
| 2077 | -993 | -1004 |
| 2078 | -1027 | -1038 |
| 2079 | -1062 | -1072 |
| 2080 | -1098 | -1108 |
| 2081 | -1134 | -1144 |
| 2082 | -1172 | -1181 |
| 2083 | -1209 | -1219 |
| 2084 | -1248 | -1257 |
| 2085 | -1287 | -1296 |
| 2086 | -1327 | -1336 |
| 2087 | -1368 | -1376 |
| 2088 | -1409 | -1416 |
| 2089 | -1450 | -1457 |
| 2090 | -1491 | -1497 |
| 2091 | -1532 | -1537 |
| 2092 | -1573 | -1577 |
| 2093 | -1612 | -1616 |
| 2094 | -1651 | -1654 |
| 2095 | -1689 | -1691 |
| 2096 | -1727 | -1729 |
| 2097 | -1764 | -1765 |
| 2098 | -1801 | -1802 |
| 2099 | -1838 | -1838 |
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