Proposed Provision: B7.14. Eliminate completely the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), effective 2023.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2022 | 230 | 230 |
| 2023 | 211 | 208 |
| 2024 | 194 | 191 |
| 2025 | 177 | 174 |
| 2026 | 160 | 156 |
| 2027 | 143 | 138 |
| 2028 | 126 | 120 |
| 2029 | 109 | 103 |
| 2030 | 91 | 85 |
| 2031 | 74 | 67 |
| 2032 | 57 | 50 |
| 2033 | 39 | 32 |
| 2034 | 21 | 13 |
| 2035 | 3 | -6 |
| 2036 | -16 | -25 |
| 2037 | -35 | -45 |
| 2038 | -54 | -65 |
| 2039 | -74 | -86 |
| 2040 | -95 | -107 |
| 2041 | -116 | -128 |
| 2042 | -137 | -150 |
| 2043 | -158 | -172 |
| 2044 | -180 | -194 |
| 2045 | -202 | -217 |
| 2046 | -224 | -240 |
| 2047 | -246 | -262 |
| 2048 | -268 | -285 |
| 2049 | -291 | -309 |
| 2050 | -313 | -332 |
| 2051 | -336 | -355 |
| 2052 | -359 | -379 |
| 2053 | -383 | -403 |
| 2054 | -406 | -427 |
| 2055 | -430 | -451 |
| 2056 | -453 | -475 |
| 2057 | -477 | -499 |
| 2058 | -501 | -524 |
| 2059 | -525 | -549 |
| 2060 | -550 | -574 |
| 2061 | -575 | -600 |
| 2062 | -601 | -626 |
| 2063 | -627 | -653 |
| 2064 | -654 | -680 |
| 2065 | -681 | -708 |
| 2066 | -708 | -736 |
| 2067 | -736 | -764 |
| 2068 | -764 | -793 |
| 2069 | -792 | -822 |
| 2070 | -821 | -851 |
| 2071 | -850 | -881 |
| 2072 | -880 | -911 |
| 2073 | -910 | -942 |
| 2074 | -940 | -973 |
| 2075 | -971 | -1005 |
| 2076 | -1003 | -1037 |
| 2077 | -1036 | -1070 |
| 2078 | -1069 | -1105 |
| 2079 | -1104 | -1140 |
| 2080 | -1139 | -1176 |
| 2081 | -1175 | -1213 |
| 2082 | -1212 | -1250 |
| 2083 | -1249 | -1288 |
| 2084 | -1286 | -1326 |
| 2085 | -1324 | -1365 |
| 2086 | -1363 | -1405 |
| 2087 | -1402 | -1445 |
| 2088 | -1442 | -1485 |
| 2089 | -1481 | -1525 |
| 2090 | -1520 | -1565 |
| 2091 | -1558 | -1604 |
| 2092 | -1595 | -1642 |
| 2093 | -1632 | -1680 |
| 2094 | -1668 | -1717 |
| 2095 | -1703 | -1753 |
| 2096 | -1738 | -1789 |
| 2097 | -1773 | -1824 |
back