Proposed Provision: B7.11. Beginning in January 2025, eliminate the retirement earnings test for all beneficiaries under normal retirement age, including retired workers, aged spouses, aged widow(er)s, young spouses with a child in care, young surviving spouses with a child in care, and children.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2022 | 230 | 230 |
| 2023 | 211 | 211 |
| 2024 | 194 | 194 |
| 2025 | 177 | 173 |
| 2026 | 160 | 155 |
| 2027 | 143 | 137 |
| 2028 | 126 | 118 |
| 2029 | 109 | 101 |
| 2030 | 91 | 83 |
| 2031 | 74 | 65 |
| 2032 | 57 | 47 |
| 2033 | 39 | 29 |
| 2034 | 21 | 10 |
| 2035 | 3 | -9 |
| 2036 | -16 | -28 |
| 2037 | -35 | -48 |
| 2038 | -54 | -68 |
| 2039 | -74 | -88 |
| 2040 | -95 | -109 |
| 2041 | -116 | -130 |
| 2042 | -137 | -152 |
| 2043 | -158 | -173 |
| 2044 | -180 | -195 |
| 2045 | -202 | -217 |
| 2046 | -224 | -239 |
| 2047 | -246 | -262 |
| 2048 | -268 | -284 |
| 2049 | -291 | -307 |
| 2050 | -313 | -330 |
| 2051 | -336 | -352 |
| 2052 | -359 | -375 |
| 2053 | -383 | -399 |
| 2054 | -406 | -422 |
| 2055 | -430 | -445 |
| 2056 | -453 | -469 |
| 2057 | -477 | -493 |
| 2058 | -501 | -516 |
| 2059 | -525 | -541 |
| 2060 | -550 | -565 |
| 2061 | -575 | -590 |
| 2062 | -601 | -616 |
| 2063 | -627 | -641 |
| 2064 | -654 | -668 |
| 2065 | -681 | -695 |
| 2066 | -708 | -722 |
| 2067 | -736 | -749 |
| 2068 | -764 | -777 |
| 2069 | -792 | -805 |
| 2070 | -821 | -833 |
| 2071 | -850 | -862 |
| 2072 | -880 | -892 |
| 2073 | -910 | -921 |
| 2074 | -940 | -952 |
| 2075 | -971 | -982 |
| 2076 | -1003 | -1014 |
| 2077 | -1036 | -1046 |
| 2078 | -1069 | -1080 |
| 2079 | -1104 | -1114 |
| 2080 | -1139 | -1149 |
| 2081 | -1175 | -1185 |
| 2082 | -1212 | -1221 |
| 2083 | -1249 | -1258 |
| 2084 | -1286 | -1295 |
| 2085 | -1324 | -1333 |
| 2086 | -1363 | -1371 |
| 2087 | -1402 | -1410 |
| 2088 | -1442 | -1448 |
| 2089 | -1481 | -1487 |
| 2090 | -1520 | -1525 |
| 2091 | -1558 | -1562 |
| 2092 | -1595 | -1599 |
| 2093 | -1632 | -1635 |
| 2094 | -1668 | -1670 |
| 2095 | -1703 | -1705 |
| 2096 | -1738 | -1740 |
| 2097 | -1773 | -1774 |
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