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Summary of Provisions That Would Change the Social Security Program |
Description of Proposed Provisions:
|
|
Estimates based on the intermediate assumptions of the 2010 Trustees Report
Change from present law | Results with this provision | |||||
---|---|---|---|---|---|---|
Long-range actuarial balance |
Annual balance in 75th year |
Long-range actuarial balance |
Annual balance in 75th year |
|||
Present Law, Alternative II. |
-1.92 | -4.12 | ||||
D1 |
Beginning in 2011, continue benefits for children of disabled
or deceased workers until age 22 if the child is in high school,
college or vocational school.
graph | table | pdf-graph | pdf-table | memo |
-0.07 | -0.07 | -1.99 | -4.18 | |
D2 |
The current spouse benefit is based on 50 percent of the PIA
of the other spouse. Reduce this percent each year by 1
percentage point beginning with newly eligible spouses in 2011,
until the percent reaches 33. Thus, the spouse benefit would
be based on 33 percent of PIA for newly eligible spouses in
2027 and later.
graph | table | pdf-graph | pdf-table | memo |
0.12 | 0.18 | -1.80 | -3.94 |
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