Proposed Provision: B7.12. Provide an option to split the 8-percent delayed retirement credit (DRC) to offer a lump sum benefit at initial entitlement equal to 2 percent of the 8 percent DRC earned, and a 6 percent DRC on subsequent monthly benefits, effective for workers newly entitled to retired worker benefits in 2027 and later. Widows are held harmless from the lump-sum decision.

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

Year Current Law Provision
2024188188
2025171171
2026152152
2027134134
2028117116
2029101100
20308483
20316867
20325351
20333736
20342220
203575
2036-9-11
2037-26-28
2038-43-45
2039-60-62
2040-78-81
2041-96-99
2042-115-118
2043-135-137
2044-154-157
2045-174-177
2046-194-197
2047-215-218
2048-235-238
2049-256-259
2050-277-280
2051-299-302
2052-320-323
2053-342-345
2054-364-367
2055-386-389
2056-409-412
2057-431-434
2058-455-458
2059-478-481
2060-502-505
2061-527-530
2062-553-556
2063-579-582
2064-605-608
2065-632-635
2066-660-663
2067-688-691
2068-716-719
2069-745-748
2070-774-777
2071-803-807
2072-834-837
2073-864-867
2074-895-899
2075-927-930
2076-960-963
2077-993-996
2078-1027-1030
2079-1062-1066
2080-1098-1101
2081-1134-1138
2082-1172-1175
2083-1209-1213
2084-1248-1252
2085-1287-1291
2086-1327-1331
2087-1368-1372
2088-1409-1413
2089-1450-1454
2090-1491-1495
2091-1532-1536
2092-1573-1576
2093-1612-1616
2094-1651-1655
2095-1689-1693
2096-1727-1730
2097-1764-1767
2098-1801-1804
2099-1838-1841
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