Detailed Single Year Tables
Description of Proposed Provision:
D5: Limit the spousal benefit to that received by the spouse of the 75th percentile career-average worker, beginning with retired workers newly eligible in 2031. For future cohorts, this limit would be indexed for inflation annually using chain weighted CPI-U. The provision affects divorced spouses and young spouses (retired workers) but not spouses of disabled workers.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2024 | 14.71 | 13.03 | -1.68 | 188 | 0.00 | 0.00 | 0.00 | ||
| 2025 | 15.00 | 12.89 | -2.11 | 171 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.20 | 13.07 | -2.13 | 152 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.36 | 13.11 | -2.25 | 134 | 0.00 | 0.00 | 0.00 | ||
| 2028 | 15.42 | 13.13 | -2.28 | 117 | 0.00 | 0.00 | 0.00 | ||
| 2029 | 15.47 | 13.16 | -2.31 | 101 | 0.00 | 0.00 | 0.00 | ||
| 2030 | 15.53 | 13.18 | -2.35 | 84 | 0.00 | 0.00 | 0.00 | ||
| 2031 | 15.58 | 13.20 | -2.37 | 68 | -0.00 | -0.00 | 0.00 | ||
| 2032 | 15.60 | 13.22 | -2.38 | 53 | -0.00 | -0.00 | 0.00 | ||
| 2033 | 15.66 | 13.26 | -2.40 | 37 | -0.00 | -0.00 | 0.00 | ||
| 2034 | 15.77 | 13.28 | -2.50 | 22 | -0.00 | -0.00 | 0.00 | ||
| 2035 | 15.88 | 13.29 | -2.60 | 7 | -0.00 | -0.00 | 0.00 | ||
| 2036 | 15.98 | 13.29 | -2.69 | — | -0.00 | -0.00 | 0.00 | ||
| 2037 | 16.08 | 13.30 | -2.78 | — | -0.01 | -0.00 | 0.01 | ||
| 2038 | 16.17 | 13.31 | -2.85 | — | -0.01 | -0.00 | 0.01 | ||
| 2039 | 16.24 | 13.32 | -2.92 | — | -0.01 | -0.00 | 0.01 | ||
| 2040 | 16.30 | 13.32 | -2.98 | — | -0.02 | -0.00 | 0.02 | ||
| 2041 | 16.36 | 13.33 | -3.03 | — | -0.02 | -0.00 | 0.02 | ||
| 2042 | 16.41 | 13.33 | -3.08 | — | -0.03 | -0.00 | 0.03 | ||
| 2043 | 16.45 | 13.34 | -3.11 | — | -0.03 | -0.00 | 0.03 | ||
| 2044 | 16.48 | 13.34 | -3.14 | — | -0.04 | -0.00 | 0.03 | ||
| 2045 | 16.51 | 13.34 | -3.17 | — | -0.04 | -0.00 | 0.04 | ||
| 2046 | 16.54 | 13.34 | -3.20 | — | -0.05 | -0.00 | 0.04 | ||
| 2047 | 16.57 | 13.35 | -3.23 | — | -0.05 | -0.00 | 0.05 | ||
| 2048 | 16.61 | 13.35 | -3.26 | — | -0.05 | -0.00 | 0.05 | ||
| 2049 | 16.65 | 13.36 | -3.29 | — | -0.06 | -0.00 | 0.06 | ||
| 2050 | 16.70 | 13.36 | -3.34 | — | -0.06 | -0.00 | 0.06 | ||
| 2051 | 16.74 | 13.36 | -3.38 | — | -0.07 | -0.00 | 0.06 | ||
| 2052 | 16.80 | 13.37 | -3.43 | — | -0.07 | -0.00 | 0.07 | ||
| 2053 | 16.86 | 13.37 | -3.48 | — | -0.08 | -0.00 | 0.07 | ||
| 2054 | 16.92 | 13.38 | -3.54 | — | -0.08 | -0.01 | 0.07 | ||
| 2055 | 16.99 | 13.38 | -3.61 | — | -0.08 | -0.01 | 0.08 | ||
| 2056 | 17.07 | 13.39 | -3.68 | — | -0.09 | -0.01 | 0.08 | ||
| 2057 | 17.15 | 13.40 | -3.75 | — | -0.09 | -0.01 | 0.09 | ||
| 2058 | 17.24 | 13.40 | -3.83 | — | -0.09 | -0.01 | 0.09 | ||
| 2059 | 17.32 | 13.41 | -3.91 | — | -0.10 | -0.01 | 0.09 | ||
| 2060 | 17.40 | 13.42 | -3.98 | — | -0.10 | -0.01 | 0.09 | ||
| 2061 | 17.48 | 13.42 | -4.05 | — | -0.10 | -0.01 | 0.10 | ||
| 2062 | 17.55 | 13.43 | -4.12 | — | -0.11 | -0.01 | 0.10 | ||
| 2063 | 17.62 | 13.44 | -4.18 | — | -0.11 | -0.01 | 0.10 | ||
| 2064 | 17.68 | 13.44 | -4.24 | — | -0.11 | -0.01 | 0.10 | ||
| 2065 | 17.74 | 13.45 | -4.29 | — | -0.11 | -0.01 | 0.11 | ||
| 2066 | 17.80 | 13.45 | -4.35 | — | -0.12 | -0.01 | 0.11 | ||
| 2067 | 17.86 | 13.46 | -4.41 | — | -0.12 | -0.01 | 0.11 | ||
| 2068 | 17.93 | 13.46 | -4.46 | — | -0.12 | -0.01 | 0.11 | ||
| 2069 | 17.99 | 13.47 | -4.53 | — | -0.12 | -0.01 | 0.12 | ||
| 2070 | 18.06 | 13.47 | -4.59 | — | -0.13 | -0.01 | 0.12 | ||
| 2071 | 18.12 | 13.48 | -4.65 | — | -0.13 | -0.01 | 0.12 | ||
| 2072 | 18.18 | 13.48 | -4.70 | — | -0.13 | -0.01 | 0.12 | ||
| 2073 | 18.24 | 13.49 | -4.76 | — | -0.13 | -0.01 | 0.12 | ||
| 2074 | 18.30 | 13.49 | -4.81 | — | -0.13 | -0.01 | 0.13 | ||
| 2075 | 18.35 | 13.49 | -4.85 | — | -0.14 | -0.01 | 0.13 | ||
| 2076 | 18.39 | 13.50 | -4.89 | — | -0.14 | -0.01 | 0.13 | ||
| 2077 | 18.42 | 13.50 | -4.92 | — | -0.14 | -0.01 | 0.13 | ||
| 2078 | 18.44 | 13.50 | -4.94 | — | -0.14 | -0.01 | 0.13 | ||
| 2079 | 18.45 | 13.50 | -4.95 | — | -0.14 | -0.01 | 0.13 | ||
| 2080 | 18.45 | 13.51 | -4.95 | — | -0.15 | -0.01 | 0.14 | ||
| 2081 | 18.44 | 13.51 | -4.94 | — | -0.15 | -0.01 | 0.14 | ||
| 2082 | 18.42 | 13.50 | -4.92 | — | -0.15 | -0.01 | 0.14 | ||
| 2083 | 18.40 | 13.50 | -4.89 | — | -0.15 | -0.01 | 0.14 | ||
| 2084 | 18.36 | 13.50 | -4.86 | — | -0.15 | -0.01 | 0.14 | ||
| 2085 | 18.32 | 13.50 | -4.82 | — | -0.15 | -0.01 | 0.14 | ||
| 2086 | 18.27 | 13.50 | -4.77 | — | -0.15 | -0.01 | 0.14 | ||
| 2087 | 18.21 | 13.49 | -4.72 | — | -0.15 | -0.01 | 0.14 | ||
| 2088 | 18.15 | 13.49 | -4.66 | — | -0.16 | -0.01 | 0.15 | ||
| 2089 | 18.09 | 13.48 | -4.60 | — | -0.16 | -0.01 | 0.15 | ||
| 2090 | 18.03 | 13.48 | -4.55 | — | -0.16 | -0.01 | 0.15 | ||
| 2091 | 17.98 | 13.48 | -4.51 | — | -0.16 | -0.01 | 0.15 | ||
| 2092 | 17.95 | 13.48 | -4.47 | — | -0.16 | -0.01 | 0.15 | ||
| 2093 | 17.92 | 13.47 | -4.45 | — | -0.16 | -0.01 | 0.15 | ||
| 2094 | 17.91 | 13.47 | -4.43 | — | -0.16 | -0.01 | 0.15 | ||
| 2095 | 17.90 | 13.47 | -4.43 | — | -0.16 | -0.01 | 0.15 | ||
| 2096 | 17.91 | 13.47 | -4.44 | — | -0.16 | -0.01 | 0.15 | ||
| 2097 | 17.93 | 13.47 | -4.46 | — | -0.16 | -0.01 | 0.15 | ||
| 2098 | 17.96 | 13.48 | -4.48 | — | -0.17 | -0.01 | 0.16 | ||
| 2099 | 17.99 | 13.48 | -4.51 | — | -0.17 | -0.01 | 0.16 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2024-2098 | 17.22% | 13.79% | -3.42% | 2035 | -0.08% | -0.01% | 0.08% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2035. |
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Based on Intermediate Assumptions of the 2024 Trustees Report.