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 2030.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2023204204
2024187187
2025168168
2026149149
2027131131
2028114114
20299696
20307878
20316061
20324343
20332525
203477
2035-12-12
2036-31-31
2037-51-50
2038-70-70
2039-91-90
2040-112-111
2041-133-132
2042-154-154
2043-176-175
2044-198-197
2045-220-219
2046-243-241
2047-265-263
2048-288-286
2049-311-308
2050-333-331
2051-357-354
2052-380-377
2053-403-400
2054-427-423
2055-450-446
2056-474-469
2057-498-493
2058-522-517
2059-547-541
2060-572-565
2061-597-590
2062-623-616
2063-650-642
2064-677-669
2065-705-697
2066-733-724
2067-762-752
2068-791-781
2069-820-810
2070-850-839
2071-880-869
2072-911-899
2073-942-930
2074-974-961
2075-1006-992
2076-1039-1025
2077-1074-1059
2078-1108-1093
2079-1144-1128
2080-1181-1164
2081-1218-1201
2082-1256-1238
2083-1294-1276
2084-1333-1314
2085-1373-1353
2086-1413-1392
2087-1453-1432
2088-1494-1472
2089-1534-1511
2090-1574-1550
2091-1613-1589
2092-1651-1627
2093-1689-1663
2094-1726-1700
2095-1762-1735
2096-1798-1771
2097-1833-1805
2098-1868-1839
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