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 2014, until the percent reaches 33 in 2030.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2013 | 330 | 330 |
2014 | 315 | 315 |
2015 | 301 | 301 |
2016 | 286 | 286 |
2017 | 271 | 271 |
2018 | 257 | 257 |
2019 | 244 | 244 |
2020 | 231 | 231 |
2021 | 218 | 218 |
2022 | 204 | 204 |
2023 | 189 | 189 |
2024 | 173 | 174 |
2025 | 158 | 159 |
2026 | 142 | 143 |
2027 | 125 | 127 |
2028 | 108 | 110 |
2029 | 90 | 92 |
2030 | 71 | 74 |
2031 | 52 | 55 |
2032 | 31 | 35 |
2033 | 11 | 15 |
2034 | -11 | -6 |
2035 | -32 | -27 |
2036 | -55 | -49 |
2037 | -78 | -71 |
2038 | -101 | -94 |
2039 | -124 | -117 |
2040 | -148 | -140 |
2041 | -172 | -163 |
2042 | -196 | -186 |
2043 | -220 | -210 |
2044 | -245 | -233 |
2045 | -269 | -257 |
2046 | -294 | -281 |
2047 | -319 | -305 |
2048 | -345 | -330 |
2049 | -371 | -355 |
2050 | -397 | -380 |
2051 | -423 | -405 |
2052 | -449 | -430 |
2053 | -476 | -456 |
2054 | -502 | -482 |
2055 | -530 | -508 |
2056 | -557 | -534 |
2057 | -585 | -561 |
2058 | -613 | -588 |
2059 | -642 | -616 |
2060 | -671 | -645 |
2061 | -701 | -674 |
2062 | -732 | -703 |
2063 | -763 | -733 |
2064 | -794 | -763 |
2065 | -826 | -794 |
2066 | -859 | -826 |
2067 | -892 | -857 |
2068 | -925 | -890 |
2069 | -959 | -922 |
2070 | -993 | -956 |
2071 | -1028 | -990 |
2072 | -1064 | -1025 |
2073 | -1101 | -1060 |
2074 | -1139 | -1097 |
2075 | -1178 | -1134 |
2076 | -1217 | -1173 |
2077 | -1258 | -1212 |
2078 | -1299 | -1252 |
2079 | -1340 | -1292 |
2080 | -1382 | -1332 |
2081 | -1424 | -1373 |
2082 | -1466 | -1413 |
2083 | -1508 | -1454 |
2084 | -1550 | -1495 |
2085 | -1592 | -1536 |
2086 | -1635 | -1577 |
2087 | -1678 | -1619 |
2088 | -1722 | -1661 |
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