Proposed Provision: B7.11. Beginning in January 2026, 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 |
| 2023 | 204 | 204 |
| 2024 | 187 | 187 |
| 2025 | 168 | 168 |
| 2026 | 149 | 146 |
| 2027 | 131 | 127 |
| 2028 | 114 | 108 |
| 2029 | 96 | 89 |
| 2030 | 78 | 70 |
| 2031 | 60 | 52 |
| 2032 | 43 | 33 |
| 2033 | 25 | 15 |
| 2034 | 7 | -4 |
| 2035 | -12 | -23 |
| 2036 | -31 | -43 |
| 2037 | -51 | -63 |
| 2038 | -70 | -84 |
| 2039 | -91 | -105 |
| 2040 | -112 | -126 |
| 2041 | -133 | -148 |
| 2042 | -154 | -169 |
| 2043 | -176 | -191 |
| 2044 | -198 | -214 |
| 2045 | -220 | -236 |
| 2046 | -243 | -259 |
| 2047 | -265 | -281 |
| 2048 | -288 | -304 |
| 2049 | -311 | -327 |
| 2050 | -333 | -350 |
| 2051 | -357 | -373 |
| 2052 | -380 | -396 |
| 2053 | -403 | -420 |
| 2054 | -427 | -443 |
| 2055 | -450 | -466 |
| 2056 | -474 | -490 |
| 2057 | -498 | -514 |
| 2058 | -522 | -538 |
| 2059 | -547 | -563 |
| 2060 | -572 | -588 |
| 2061 | -597 | -613 |
| 2062 | -623 | -639 |
| 2063 | -650 | -665 |
| 2064 | -677 | -692 |
| 2065 | -705 | -720 |
| 2066 | -733 | -748 |
| 2067 | -762 | -776 |
| 2068 | -791 | -805 |
| 2069 | -820 | -834 |
| 2070 | -850 | -863 |
| 2071 | -880 | -893 |
| 2072 | -911 | -924 |
| 2073 | -942 | -955 |
| 2074 | -974 | -986 |
| 2075 | -1006 | -1018 |
| 2076 | -1039 | -1052 |
| 2077 | -1074 | -1085 |
| 2078 | -1108 | -1120 |
| 2079 | -1144 | -1156 |
| 2080 | -1181 | -1192 |
| 2081 | -1218 | -1229 |
| 2082 | -1256 | -1267 |
| 2083 | -1294 | -1305 |
| 2084 | -1333 | -1344 |
| 2085 | -1373 | -1383 |
| 2086 | -1413 | -1423 |
| 2087 | -1453 | -1462 |
| 2088 | -1494 | -1502 |
| 2089 | -1534 | -1541 |
| 2090 | -1574 | -1581 |
| 2091 | -1613 | -1619 |
| 2092 | -1651 | -1657 |
| 2093 | -1689 | -1694 |
| 2094 | -1726 | -1730 |
| 2095 | -1762 | -1766 |
| 2096 | -1798 | -1801 |
| 2097 | -1833 | -1836 |
| 2098 | -1868 | -1870 |
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