Proposed Provision: B7.11. Beginning in January 2028, 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 |
| 2025 | 169 | 169 |
| 2026 | 149 | 149 |
| 2027 | 131 | 131 |
| 2028 | 113 | 111 |
| 2029 | 95 | 92 |
| 2030 | 78 | 74 |
| 2031 | 60 | 55 |
| 2032 | 43 | 37 |
| 2033 | 26 | 19 |
| 2034 | 9 | 1 |
| 2035 | -9 | -17 |
| 2036 | -27 | -35 |
| 2037 | -45 | -54 |
| 2038 | -63 | -73 |
| 2039 | -83 | -93 |
| 2040 | -102 | -113 |
| 2041 | -122 | -134 |
| 2042 | -143 | -154 |
| 2043 | -164 | -176 |
| 2044 | -185 | -197 |
| 2045 | -206 | -219 |
| 2046 | -228 | -241 |
| 2047 | -250 | -263 |
| 2048 | -272 | -286 |
| 2049 | -295 | -308 |
| 2050 | -317 | -331 |
| 2051 | -340 | -354 |
| 2052 | -363 | -377 |
| 2053 | -386 | -400 |
| 2054 | -409 | -424 |
| 2055 | -433 | -447 |
| 2056 | -457 | -471 |
| 2057 | -481 | -495 |
| 2058 | -505 | -520 |
| 2059 | -530 | -545 |
| 2060 | -556 | -570 |
| 2061 | -582 | -596 |
| 2062 | -609 | -623 |
| 2063 | -636 | -650 |
| 2064 | -664 | -678 |
| 2065 | -692 | -706 |
| 2066 | -721 | -734 |
| 2067 | -750 | -763 |
| 2068 | -780 | -793 |
| 2069 | -810 | -822 |
| 2070 | -840 | -852 |
| 2071 | -871 | -883 |
| 2072 | -903 | -914 |
| 2073 | -935 | -946 |
| 2074 | -967 | -979 |
| 2075 | -1000 | -1012 |
| 2076 | -1035 | -1046 |
| 2077 | -1070 | -1081 |
| 2078 | -1106 | -1116 |
| 2079 | -1142 | -1153 |
| 2080 | -1180 | -1190 |
| 2081 | -1219 | -1229 |
| 2082 | -1258 | -1268 |
| 2083 | -1298 | -1307 |
| 2084 | -1338 | -1348 |
| 2085 | -1380 | -1390 |
| 2086 | -1423 | -1432 |
| 2087 | -1466 | -1475 |
| 2088 | -1510 | -1518 |
| 2089 | -1554 | -1562 |
| 2090 | -1599 | -1606 |
| 2091 | -1643 | -1650 |
| 2092 | -1687 | -1693 |
| 2093 | -1731 | -1736 |
| 2094 | -1774 | -1778 |
| 2095 | -1816 | -1820 |
| 2096 | -1858 | -1862 |
| 2097 | -1900 | -1903 |
| 2098 | -1941 | -1943 |
| 2099 | -1982 | -1983 |
| 2100 | -2022 | -2023 |
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