Proposed Provision: B7.12. Provide an option to split the 8-percent delayed retirement credit (DRC) to offer a lump sum benefit at initial entitlement equal to 2 percent of the 8 percent DRC earned, and a 6 percent DRC on subsequent monthly benefits, effective for workers newly entitled to retired worker benefits in 2026 and later. Widows are held harmless from the lump-sum decision.

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

Year Current Law Provision
2023204204
2024187187
2025168168
2026149149
2027131130
2028114112
20299695
20307877
20316059
20324341
20332523
203475
2035-12-14
2036-31-33
2037-51-53
2038-70-73
2039-91-93
2040-112-114
2041-133-135
2042-154-157
2043-176-179
2044-198-201
2045-220-223
2046-243-245
2047-265-268
2048-288-290
2049-311-313
2050-333-336
2051-357-359
2052-380-382
2053-403-406
2054-427-429
2055-450-453
2056-474-477
2057-498-500
2058-522-525
2059-547-549
2060-572-574
2061-597-600
2062-623-626
2063-650-653
2064-677-680
2065-705-708
2066-733-736
2067-762-765
2068-791-794
2069-820-823
2070-850-853
2071-880-883
2072-911-914
2073-942-945
2074-974-977
2075-1006-1009
2076-1039-1042
2077-1074-1076
2078-1108-1111
2079-1144-1147
2080-1181-1184
2081-1218-1221
2082-1256-1259
2083-1294-1298
2084-1333-1337
2085-1373-1376
2086-1413-1416
2087-1453-1456
2088-1494-1497
2089-1534-1537
2090-1574-1577
2091-1613-1616
2092-1651-1655
2093-1689-1692
2094-1726-1729
2095-1762-1765
2096-1798-1801
2097-1833-1836
2098-1868-1871
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