Detailed Single Year Tables
Description of Proposed Provision:
B7.12: Provide an option to split the 8-percent delayed retirement credit (DRC) to offer a lump sum benefit at initial entitlement equal to 2 percent of the 8 percent DRC earned, and a 6 percent DRC on subsequent monthly benefits, effective for workers newly entitled to retired worker benefits in 2028 and later. Widows are held harmless from the lump-sum decision.
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 |
|||
| 2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.29 | 13.03 | -2.25 | 149 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.48 | 13.08 | -2.39 | 131 | 0.00 | 0.00 | -0.00 | ||
| 2028 | 15.65 | 13.11 | -2.53 | 113 | 0.06 | 0.00 | -0.06 | ||
| 2029 | 15.74 | 13.14 | -2.60 | 95 | 0.05 | 0.00 | -0.05 | ||
| 2030 | 15.84 | 13.16 | -2.68 | 77 | 0.04 | 0.00 | -0.04 | ||
| 2031 | 15.95 | 13.19 | -2.76 | 59 | 0.04 | 0.00 | -0.04 | ||
| 2032 | 16.04 | 13.20 | -2.83 | 42 | 0.04 | 0.00 | -0.03 | ||
| 2033 | 16.10 | 13.25 | -2.86 | 24 | 0.03 | 0.00 | -0.03 | ||
| 2034 | 16.17 | 13.27 | -2.91 | 7 | 0.03 | 0.00 | -0.03 | ||
| 2035 | 16.25 | 13.28 | -2.98 | — | 0.02 | 0.00 | -0.02 | ||
| 2036 | 16.34 | 13.29 | -3.06 | — | 0.02 | 0.00 | -0.02 | ||
| 2037 | 16.43 | 13.30 | -3.14 | — | 0.02 | 0.00 | -0.02 | ||
| 2038 | 16.50 | 13.30 | -3.20 | — | 0.02 | 0.00 | -0.01 | ||
| 2039 | 16.57 | 13.31 | -3.26 | — | 0.01 | 0.00 | -0.01 | ||
| 2040 | 16.62 | 13.32 | -3.30 | — | 0.01 | 0.00 | -0.01 | ||
| 2041 | 16.65 | 13.32 | -3.33 | — | 0.01 | 0.00 | -0.01 | ||
| 2042 | 16.68 | 13.32 | -3.36 | — | 0.00 | 0.00 | -0.00 | ||
| 2043 | 16.71 | 13.33 | -3.38 | — | 0.00 | 0.00 | -0.00 | ||
| 2044 | 16.74 | 13.33 | -3.41 | — | 0.00 | 0.00 | -0.00 | ||
| 2045 | 16.77 | 13.34 | -3.44 | — | -0.00 | -0.00 | 0.00 | ||
| 2046 | 16.80 | 13.34 | -3.46 | — | -0.00 | -0.00 | 0.00 | ||
| 2047 | 16.84 | 13.34 | -3.49 | — | -0.00 | -0.00 | 0.00 | ||
| 2048 | 16.88 | 13.35 | -3.53 | — | -0.00 | -0.00 | 0.00 | ||
| 2049 | 16.92 | 13.35 | -3.57 | — | 0.00 | 0.00 | -0.00 | ||
| 2050 | 16.97 | 13.36 | -3.62 | — | 0.00 | 0.00 | -0.00 | ||
| 2051 | 17.02 | 13.36 | -3.66 | — | -0.00 | -0.00 | 0.00 | ||
| 2052 | 17.08 | 13.37 | -3.71 | — | 0.00 | 0.00 | -0.00 | ||
| 2053 | 17.15 | 13.37 | -3.77 | — | -0.00 | -0.00 | 0.00 | ||
| 2054 | 17.22 | 13.38 | -3.84 | — | -0.00 | -0.00 | 0.00 | ||
| 2055 | 17.30 | 13.39 | -3.91 | — | 0.00 | 0.00 | -0.00 | ||
| 2056 | 17.39 | 13.39 | -3.99 | — | 0.00 | 0.00 | -0.00 | ||
| 2057 | 17.48 | 13.40 | -4.08 | — | 0.00 | 0.00 | -0.00 | ||
| 2058 | 17.57 | 13.41 | -4.16 | — | 0.00 | 0.00 | -0.00 | ||
| 2059 | 17.66 | 13.42 | -4.25 | — | 0.00 | 0.00 | -0.00 | ||
| 2060 | 17.75 | 13.42 | -4.32 | — | 0.00 | 0.00 | -0.00 | ||
| 2061 | 17.82 | 13.43 | -4.39 | — | 0.00 | 0.00 | -0.00 | ||
| 2062 | 17.89 | 13.44 | -4.46 | — | 0.00 | 0.00 | -0.00 | ||
| 2063 | 17.96 | 13.44 | -4.52 | — | -0.00 | -0.00 | 0.00 | ||
| 2064 | 18.03 | 13.45 | -4.58 | — | -0.00 | -0.00 | 0.00 | ||
| 2065 | 18.10 | 13.45 | -4.64 | — | -0.00 | -0.00 | 0.00 | ||
| 2066 | 18.16 | 13.46 | -4.70 | — | -0.00 | -0.00 | 0.00 | ||
| 2067 | 18.23 | 13.47 | -4.77 | — | -0.00 | -0.00 | 0.00 | ||
| 2068 | 18.30 | 13.47 | -4.83 | — | -0.00 | -0.00 | 0.00 | ||
| 2069 | 18.38 | 13.48 | -4.90 | — | -0.00 | -0.00 | 0.00 | ||
| 2070 | 18.45 | 13.48 | -4.97 | — | -0.00 | -0.00 | 0.00 | ||
| 2071 | 18.52 | 13.49 | -5.04 | — | -0.00 | -0.00 | 0.00 | ||
| 2072 | 18.60 | 13.50 | -5.10 | — | -0.00 | -0.00 | 0.00 | ||
| 2073 | 18.67 | 13.50 | -5.17 | — | -0.00 | -0.00 | 0.00 | ||
| 2074 | 18.74 | 13.51 | -5.23 | — | -0.00 | -0.00 | 0.00 | ||
| 2075 | 18.80 | 13.51 | -5.29 | — | -0.00 | -0.00 | 0.00 | ||
| 2076 | 18.85 | 13.52 | -5.33 | — | -0.00 | -0.00 | 0.00 | ||
| 2077 | 18.89 | 13.52 | -5.37 | — | -0.00 | -0.00 | 0.00 | ||
| 2078 | 18.92 | 13.52 | -5.40 | — | -0.00 | -0.00 | 0.00 | ||
| 2079 | 18.94 | 13.53 | -5.41 | — | -0.01 | -0.00 | 0.01 | ||
| 2080 | 18.95 | 13.53 | -5.42 | — | -0.01 | -0.00 | 0.01 | ||
| 2081 | 18.95 | 13.53 | -5.42 | — | -0.01 | -0.00 | 0.01 | ||
| 2082 | 18.94 | 13.53 | -5.41 | — | -0.01 | -0.00 | 0.01 | ||
| 2083 | 18.93 | 13.53 | -5.40 | — | -0.01 | -0.00 | 0.01 | ||
| 2084 | 18.90 | 13.53 | -5.37 | — | -0.01 | -0.00 | 0.01 | ||
| 2085 | 18.86 | 13.53 | -5.34 | — | -0.01 | -0.00 | 0.01 | ||
| 2086 | 18.81 | 13.52 | -5.29 | — | -0.01 | -0.00 | 0.01 | ||
| 2087 | 18.76 | 13.52 | -5.24 | — | -0.01 | -0.00 | 0.01 | ||
| 2088 | 18.69 | 13.52 | -5.18 | — | -0.01 | -0.00 | 0.01 | ||
| 2089 | 18.63 | 13.51 | -5.12 | — | -0.01 | -0.00 | 0.01 | ||
| 2090 | 18.57 | 13.51 | -5.06 | — | -0.01 | -0.00 | 0.01 | ||
| 2091 | 18.51 | 13.50 | -5.00 | — | -0.01 | -0.00 | 0.01 | ||
| 2092 | 18.45 | 13.50 | -4.95 | — | -0.01 | -0.00 | 0.01 | ||
| 2093 | 18.41 | 13.50 | -4.91 | — | -0.01 | -0.00 | 0.01 | ||
| 2094 | 18.38 | 13.50 | -4.88 | — | -0.01 | -0.00 | 0.01 | ||
| 2095 | 18.35 | 13.49 | -4.86 | — | -0.01 | -0.00 | 0.01 | ||
| 2096 | 18.33 | 13.49 | -4.84 | — | -0.01 | -0.00 | 0.01 | ||
| 2097 | 18.32 | 13.49 | -4.83 | — | -0.01 | -0.00 | 0.01 | ||
| 2098 | 18.32 | 13.49 | -4.83 | — | -0.01 | -0.00 | 0.01 | ||
| 2099 | 18.33 | 13.49 | -4.84 | — | -0.01 | -0.00 | 0.00 | ||
| 2100 | 18.35 | 13.50 | -4.85 | — | -0.00 | -0.00 | 0.00 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2025-2099 | 17.62% | 13.79% | -3.83% | 2034 | 0.00% | 0.00% | -0.00% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.