Proposed Provision: B7.9. Beginning for newly eligible retired workers and spouses in 2023, 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 Present Law Provision
2016303303
2017293293
2018277277
2019262262
2020246246
2021231231
2022216216
2023200200
2024183183
2025165167
2026149151
2027132136
2028115121
202998106
20308190
20316475
20324659
20332743
2034826
2035-119
2036-30-8
2037-50-26
2038-71-44
2039-91-63
2040-112-81
2041-133-100
2042-154-120
2043-176-139
2044-197-159
2045-218-179
2046-240-199
2047-262-219
2048-283-240
2049-305-261
2050-327-282
2051-349-304
2052-371-325
2053-393-347
2054-415-370
2055-437-392
2056-460-415
2057-482-438
2058-506-462
2059-529-486
2060-553-510
2061-578-535
2062-603-560
2063-628-586
2064-654-612
2065-680-638
2066-706-665
2067-733-692
2068-760-719
2069-788-747
2070-816-776
2071-845-805
2072-874-834
2073-905-865
2074-935-896
2075-967-928
2076-1000-961
2077-1033-994
2078-1068-1028
2079-1102-1063
2080-1138-1099
2081-1173-1134
2082-1208-1170
2083-1243-1205
2084-1279-1241
2085-1314-1277
2086-1349-1313
2087-1384-1349
2088-1419-1385
2089-1455-1422
2090-1491-1459
2091-1528-1497
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