Proposed Provision: B7.9. Beginning for newly eligible retired workers and spouses in 2026, all claimants who are married would receive a specified joint-and-survivor annuity benefit (i.e., surviving spouses would receive 75 percent of the decedents' benefits, in addition to their own) that would be payable if both were still alive. Initial benefits would be actuarially adjusted to keep the expected value of benefits equivalent to what would otherwise be current law.

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

Year Current Law Provision
2019273273
2020260260
2021245245
2022229229
2023213213
2024197197
2025180180
2026163163
2027147147
2028130131
2029114116
203097100
20318085
20326369
20334653
20342837
20351021
2036-94
2037-28-13
2038-47-30
2039-67-48
2040-87-66
2041-108-84
2042-129-103
2043-150-122
2044-171-141
2045-192-160
2046-213-179
2047-234-198
2048-255-218
2049-276-237
2050-297-257
2051-318-277
2052-338-297
2053-359-317
2054-380-338
2055-401-359
2056-422-380
2057-444-402
2058-465-423
2059-487-446
2060-509-468
2061-531-491
2062-554-514
2063-577-537
2064-601-561
2065-625-586
2066-649-610
2067-674-635
2068-699-661
2069-724-686
2070-749-712
2071-776-739
2072-802-766
2073-830-794
2074-857-822
2075-885-851
2076-914-880
2077-944-910
2078-975-941
2079-1007-973
2080-1039-1006
2081-1072-1039
2082-1106-1073
2083-1139-1107
2084-1173-1141
2085-1207-1176
2086-1242-1211
2087-1275-1245
2088-1309-1280
2089-1342-1314
2090-1375-1347
2091-1407-1381
2092-1439-1414
2093-1471-1447
2094-1503-1481
back