Proposed Provision: B7.11. Beginning in January 2020, 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 |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 273 |
| 2020 | 259 | 254 |
| 2021 | 245 | 239 |
| 2022 | 230 | 223 |
| 2023 | 215 | 207 |
| 2024 | 199 | 190 |
| 2025 | 182 | 173 |
| 2026 | 165 | 155 |
| 2027 | 148 | 137 |
| 2028 | 130 | 118 |
| 2029 | 112 | 100 |
| 2030 | 94 | 81 |
| 2031 | 75 | 62 |
| 2032 | 56 | 43 |
| 2033 | 37 | 23 |
| 2034 | 16 | 2 |
| 2035 | -4 | -19 |
| 2036 | -26 | -40 |
| 2037 | -47 | -63 |
| 2038 | -70 | -85 |
| 2039 | -92 | -108 |
| 2040 | -115 | -131 |
| 2041 | -138 | -153 |
| 2042 | -161 | -177 |
| 2043 | -184 | -200 |
| 2044 | -207 | -223 |
| 2045 | -230 | -246 |
| 2046 | -253 | -269 |
| 2047 | -276 | -292 |
| 2048 | -300 | -315 |
| 2049 | -323 | -339 |
| 2050 | -346 | -362 |
| 2051 | -370 | -385 |
| 2052 | -393 | -408 |
| 2053 | -417 | -431 |
| 2054 | -440 | -455 |
| 2055 | -464 | -478 |
| 2056 | -487 | -501 |
| 2057 | -511 | -525 |
| 2058 | -536 | -550 |
| 2059 | -560 | -574 |
| 2060 | -585 | -599 |
| 2061 | -611 | -624 |
| 2062 | -637 | -650 |
| 2063 | -663 | -676 |
| 2064 | -690 | -702 |
| 2065 | -717 | -729 |
| 2066 | -745 | -756 |
| 2067 | -772 | -784 |
| 2068 | -801 | -812 |
| 2069 | -829 | -840 |
| 2070 | -858 | -868 |
| 2071 | -888 | -898 |
| 2072 | -918 | -928 |
| 2073 | -949 | -959 |
| 2074 | -981 | -990 |
| 2075 | -1014 | -1023 |
| 2076 | -1047 | -1056 |
| 2077 | -1082 | -1090 |
| 2078 | -1117 | -1125 |
| 2079 | -1153 | -1161 |
| 2080 | -1190 | -1197 |
| 2081 | -1227 | -1233 |
| 2082 | -1264 | -1269 |
| 2083 | -1300 | -1305 |
| 2084 | -1337 | -1341 |
| 2085 | -1374 | -1377 |
| 2086 | -1410 | -1412 |
| 2087 | -1446 | -1448 |
| 2088 | -1483 | -1484 |
| 2089 | -1520 | -1521 |
| 2090 | -1557 | -1558 |
| 2091 | -1595 | -1595 |
| 2092 | -1633 | -1633 |
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