If times were good and budgets were flush you can be sure reform proponents would suggest using the excess capital to grandfather the old systems in and support

If times were good and budgets were flush you can be sure reform proponents would suggest using the excess capital to grandfather the old systems in and support the new ones. However, that's not the case we're in right now. That doesn't mean it won't change in the future. It's also possible (likely?) that reformers' strategy for lean times will be less successful than the strategy for times of excess. Only time will tell!