Proposed Provision: 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.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346346
2014341341
2015335335
2016330330
2017324324
2018317317
2019309309
2020299300
2021289290
2022277279
2023264266
2024251253
2025237239
2026221225
2027205209
2028189193
2029171176
2030154159
2031136142
2032117124
203398105
20347987
20355968
20363949
20371930
2038-110
2039-21-9
2040-42-29
2041-63-49
2042-84-69
2043-105-89
2044-126-109
2045-147-129
2046-168-149
2047-189-169
2048-211-190
2049-233-210
2050-255-231
2051-277-252
2052-299-273
2053-321-294
2054-344-315
2055-366-337
2056-389-359
2057-412-381
2058-436-403
2059-460-426
2060-485-449
2061-509-473
2062-534-497
2063-560-521
2064-586-546
2065-612-571
2066-638-596
2067-665-621
2068-692-647
2069-720-674
2070-748-700
2071-776-728
2072-805-755
2073-834-783
2074-864-811
2075-894-840
2076-925-870
2077-957-900
2078-989-931
2079-1021-962
2080-1054-993
2081-1087-1025
2082-1121-1058
2083-1156-1091
2084-1191-1125
2085-1227-1159
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