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 2013, until the percent reaches 33 in 2029.

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

Year Present Law Provision
2012340340
2013329329
2014315315
2015302302
2016290290
2017277278
2018265266
2019253254
2020240241
2021227227
2022212213
2023197198
2024181182
2025164166
2026147149
2027129131
2028110113
20299093
20307073
20314953
20322731
2033510
2034-18-13
2035-41-35
2036-65-59
2037-89-82
2038-114-106
2039-138-130
2040-163-154
2041-189-179
2042-215-204
2043-240-229
2044-266-254
2045-292-279
2046-319-304
2047-346-330
2048-373-356
2049-400-383
2050-428-409
2051-456-436
2052-484-463
2053-512-490
2054-540-517
2055-569-545
2056-598-573
2057-628-601
2058-657-630
2059-688-660
2060-719-690
2061-750-720
2062-782-750
2063-814-781
2064-847-813
2065-880-845
2066-913-877
2067-946-909
2068-980-941
2069-1014-974
2070-1049-1007
2071-1084-1041
2072-1120-1076
2073-1156-1111
2074-1193-1146
2075-1230-1182
2076-1268-1219
2077-1307-1256
2078-1346-1294
2079-1385-1332
2080-1425-1370
2081-1465-1409
2082-1505-1448
2083-1547-1488
2084-1588-1528
2085-1631-1569
2086-1673-1611
2087-1717-1653
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