Proposed Provision: B7.8. Replace the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) with a revised reduction for most OASI benefits based on all earnings, beginning with beneficiaries newly eligible in 2025.
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 | 239 |
| 2022 | 223 | 223 |
| 2023 | 206 | 206 |
| 2024 | 188 | 188 |
| 2025 | 171 | 171 |
| 2026 | 154 | 154 |
| 2027 | 137 | 137 |
| 2028 | 120 | 121 |
| 2029 | 104 | 104 |
| 2030 | 86 | 87 |
| 2031 | 69 | 69 |
| 2032 | 51 | 52 |
| 2033 | 33 | 34 |
| 2034 | 14 | 15 |
| 2035 | -5 | -4 |
| 2036 | -25 | -24 |
| 2037 | -46 | -44 |
| 2038 | -67 | -65 |
| 2039 | -88 | -86 |
| 2040 | -110 | -107 |
| 2041 | -132 | -129 |
| 2042 | -154 | -151 |
| 2043 | -176 | -173 |
| 2044 | -199 | -195 |
| 2045 | -221 | -217 |
| 2046 | -244 | -239 |
| 2047 | -267 | -262 |
| 2048 | -289 | -284 |
| 2049 | -312 | -306 |
| 2050 | -335 | -328 |
| 2051 | -358 | -351 |
| 2052 | -381 | -373 |
| 2053 | -403 | -395 |
| 2054 | -426 | -418 |
| 2055 | -450 | -440 |
| 2056 | -473 | -463 |
| 2057 | -496 | -486 |
| 2058 | -520 | -509 |
| 2059 | -544 | -532 |
| 2060 | -569 | -556 |
| 2061 | -594 | -580 |
| 2062 | -619 | -605 |
| 2063 | -645 | -630 |
| 2064 | -671 | -656 |
| 2065 | -698 | -682 |
| 2066 | -725 | -708 |
| 2067 | -752 | -735 |
| 2068 | -780 | -762 |
| 2069 | -808 | -790 |
| 2070 | -837 | -818 |
| 2071 | -866 | -846 |
| 2072 | -896 | -875 |
| 2073 | -927 | -905 |
| 2074 | -958 | -936 |
| 2075 | -990 | -967 |
| 2076 | -1023 | -999 |
| 2077 | -1057 | -1032 |
| 2078 | -1092 | -1067 |
| 2079 | -1128 | -1102 |
| 2080 | -1165 | -1137 |
| 2081 | -1202 | -1174 |
| 2082 | -1240 | -1211 |
| 2083 | -1278 | -1248 |
| 2084 | -1316 | -1285 |
| 2085 | -1354 | -1322 |
| 2086 | -1392 | -1359 |
| 2087 | -1430 | -1396 |
| 2088 | -1468 | -1433 |
| 2089 | -1505 | -1470 |
| 2090 | -1543 | -1506 |
| 2091 | -1580 | -1543 |
| 2092 | -1618 | -1580 |
| 2093 | -1655 | -1616 |
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