Proposed Provision: B7.9. Beginning for newly eligible retired workers and spouses in 2029, 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 Current Law Provision
2022230230
2023211211
2024194194
2025177177
2026160160
2027143143
2028126126
2029109109
20309192
20317475
20325758
20333941
20342125
203538
2036-16-10
2037-35-27
2038-54-45
2039-74-63
2040-95-82
2041-116-101
2042-137-120
2043-158-139
2044-180-158
2045-202-178
2046-224-198
2047-246-218
2048-268-238
2049-291-259
2050-313-280
2051-336-301
2052-359-322
2053-383-344
2054-406-366
2055-430-388
2056-453-411
2057-477-434
2058-501-458
2059-525-482
2060-550-507
2061-575-532
2062-601-557
2063-627-583
2064-654-610
2065-681-637
2066-708-665
2067-736-693
2068-764-721
2069-792-749
2070-821-778
2071-850-808
2072-880-838
2073-910-868
2074-940-899
2075-971-930
2076-1003-962
2077-1036-995
2078-1069-1029
2079-1104-1064
2080-1139-1099
2081-1175-1135
2082-1212-1172
2083-1249-1210
2084-1286-1248
2085-1324-1286
2086-1363-1325
2087-1402-1364
2088-1442-1404
2089-1481-1444
2090-1520-1483
2091-1558-1522
2092-1595-1560
2093-1632-1598
2094-1668-1635
2095-1703-1672
2096-1738-1709
2097-1773-1745
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