Proposed Provision: B7.11. Beginning in January 2019, 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 |
Present Law |
Provision |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 277 |
2019 | 262 | 256 |
2020 | 246 | 240 |
2021 | 231 | 224 |
2022 | 216 | 207 |
2023 | 200 | 190 |
2024 | 183 | 172 |
2025 | 165 | 154 |
2026 | 149 | 136 |
2027 | 132 | 119 |
2028 | 115 | 101 |
2029 | 98 | 84 |
2030 | 81 | 66 |
2031 | 64 | 48 |
2032 | 46 | 30 |
2033 | 27 | 11 |
2034 | 8 | -8 |
2035 | -11 | -28 |
2036 | -30 | -48 |
2037 | -50 | -68 |
2038 | -71 | -89 |
2039 | -91 | -109 |
2040 | -112 | -130 |
2041 | -133 | -152 |
2042 | -154 | -173 |
2043 | -176 | -194 |
2044 | -197 | -215 |
2045 | -218 | -237 |
2046 | -240 | -258 |
2047 | -262 | -280 |
2048 | -283 | -302 |
2049 | -305 | -324 |
2050 | -327 | -345 |
2051 | -349 | -367 |
2052 | -371 | -389 |
2053 | -393 | -411 |
2054 | -415 | -432 |
2055 | -437 | -455 |
2056 | -460 | -477 |
2057 | -482 | -500 |
2058 | -506 | -523 |
2059 | -529 | -546 |
2060 | -553 | -570 |
2061 | -578 | -594 |
2062 | -603 | -619 |
2063 | -628 | -644 |
2064 | -654 | -670 |
2065 | -680 | -695 |
2066 | -706 | -722 |
2067 | -733 | -748 |
2068 | -760 | -775 |
2069 | -788 | -803 |
2070 | -816 | -830 |
2071 | -845 | -859 |
2072 | -874 | -888 |
2073 | -905 | -918 |
2074 | -935 | -949 |
2075 | -967 | -981 |
2076 | -1000 | -1013 |
2077 | -1033 | -1047 |
2078 | -1068 | -1081 |
2079 | -1102 | -1115 |
2080 | -1138 | -1149 |
2081 | -1173 | -1184 |
2082 | -1208 | -1219 |
2083 | -1243 | -1253 |
2084 | -1279 | -1288 |
2085 | -1314 | -1322 |
2086 | -1349 | -1357 |
2087 | -1384 | -1392 |
2088 | -1419 | -1427 |
2089 | -1455 | -1462 |
2090 | -1491 | -1498 |
2091 | -1528 | -1535 |
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