Proposed Provision: B7.11. Beginning in January 2021, 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 |
| 2018 | 288 | 288 |
| 2019 | 272 | 272 |
| 2020 | 256 | 256 |
| 2021 | 239 | 235 |
| 2022 | 223 | 217 |
| 2023 | 206 | 199 |
| 2024 | 188 | 181 |
| 2025 | 171 | 162 |
| 2026 | 154 | 144 |
| 2027 | 137 | 127 |
| 2028 | 120 | 110 |
| 2029 | 104 | 92 |
| 2030 | 86 | 75 |
| 2031 | 69 | 57 |
| 2032 | 51 | 38 |
| 2033 | 33 | 20 |
| 2034 | 14 | 0 |
| 2035 | -5 | -19 |
| 2036 | -25 | -40 |
| 2037 | -46 | -61 |
| 2038 | -67 | -82 |
| 2039 | -88 | -103 |
| 2040 | -110 | -125 |
| 2041 | -132 | -147 |
| 2042 | -154 | -170 |
| 2043 | -176 | -192 |
| 2044 | -199 | -215 |
| 2045 | -221 | -237 |
| 2046 | -244 | -260 |
| 2047 | -267 | -282 |
| 2048 | -289 | -305 |
| 2049 | -312 | -328 |
| 2050 | -335 | -351 |
| 2051 | -358 | -373 |
| 2052 | -381 | -396 |
| 2053 | -403 | -419 |
| 2054 | -426 | -441 |
| 2055 | -450 | -464 |
| 2056 | -473 | -487 |
| 2057 | -496 | -511 |
| 2058 | -520 | -534 |
| 2059 | -544 | -558 |
| 2060 | -569 | -583 |
| 2061 | -594 | -607 |
| 2062 | -619 | -632 |
| 2063 | -645 | -658 |
| 2064 | -671 | -684 |
| 2065 | -698 | -710 |
| 2066 | -725 | -737 |
| 2067 | -752 | -764 |
| 2068 | -780 | -791 |
| 2069 | -808 | -819 |
| 2070 | -837 | -847 |
| 2071 | -866 | -876 |
| 2072 | -896 | -906 |
| 2073 | -927 | -936 |
| 2074 | -958 | -967 |
| 2075 | -990 | -999 |
| 2076 | -1023 | -1032 |
| 2077 | -1057 | -1066 |
| 2078 | -1092 | -1101 |
| 2079 | -1128 | -1136 |
| 2080 | -1165 | -1172 |
| 2081 | -1202 | -1209 |
| 2082 | -1240 | -1246 |
| 2083 | -1278 | -1283 |
| 2084 | -1316 | -1321 |
| 2085 | -1354 | -1358 |
| 2086 | -1392 | -1396 |
| 2087 | -1430 | -1433 |
| 2088 | -1468 | -1470 |
| 2089 | -1505 | -1507 |
| 2090 | -1543 | -1543 |
| 2091 | -1580 | -1580 |
| 2092 | -1618 | -1617 |
| 2093 | -1655 | -1655 |
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