diff --git a/ouroboros/task_results.py b/ouroboros/task_results.py
index 99ad4fca8..27e12c798 100644
--- a/ouroboros/task_results.py
+++ b/ouroboros/task_results.py
@@ -1502,9 +1502,11 @@ def record_plan_review_wave(
             for idx, w in enumerate(waves)
         ]
         overflow = max(0, len(waves) - _PLAN_REVIEW_MAX_WAVES)
-        if overflow:
-            state["waves_omitted"] = int(state.get("waves_omitted") or 0) + overflow
-            waves = waves[overflow:]
+        if overflow:  # the newest PAID wave stays reachable: the next dispatch judges against it
+            keep = next((i for i in range(len(waves) - 1, -1, -1) if waves[i].get("paid")), None)
+            dropped = set([i for i in range(len(waves)) if i != keep][:overflow])
+            state["waves_omitted"] = int(state.get("waves_omitted") or 0) + len(dropped)
+            waves = [w for i, w in enumerate(waves) if i not in dropped]
         # I-02: size-fitting (older-wave compaction, then the last-resort text cut) runs for
         # EVERY writer in `_update_plan_review_state` → `_fit_plan_review_state`.
         state["waves"] = waves
diff --git a/tests/test_plan_standing_lineage.py b/tests/test_plan_standing_lineage.py
index d60833447..b94620c79 100644
--- a/tests/test_plan_standing_lineage.py
+++ b/tests/test_plan_standing_lineage.py
@@ -164,6 +164,32 @@ def test_a_predecessor_without_an_operative_spec_is_unresolved_history_not_a_cha
     assert _walk([], None) == {}  # no predecessor at all is a first wave
 
 
+def test_the_last_paid_wave_survives_hot_index_eviction(harness, monkeypatch):
+    """The hot index keeps at most 64 waves; eviction drops the oldest entries but never the
+    newest PAID wave, so after 64 unpaid revisions the next revision still judges against A
+    and a refused objector carries A's finding (the 63/64 boundary)."""
+    from ouroboros.task_results import _PLAN_REVIEW_MAX_WAVES
+
+    monkeypatch.setenv("OUROBOROS_REVIEW_MAX_CYCLES", "20")
+    _patch_health(monkeypatch, lambda slots: {})
+    _effort_aware_builder(harness, monkeypatch)
+    harness.install({"s1": _objection("n1", "Friday is impossible"), "s2": CLEAN, "s3": CLEAN})
+    ctx = harness.make_ctx()
+    assert _control(_call(ctx)) == {"outcome": "REVIEW_REQUIRED", "closed": False}
+    a_fp = _state(harness)["waves"][-1]["request_fingerprint"]
+    for n in range(_PLAN_REVIEW_MAX_WAVES):
+        _install_barrier_substrate(monkeypatch, [], refused={"s1", "s2", "s3"})
+        _call(ctx, plan=f"Revision {n}: outline, then draft.")
+        _collect(ctx, _state(harness)["waves"][-1]["request_fingerprint"])
+    state = _state(harness)
+    assert state["waves_omitted"] >= 1 and len(state["waves"]) == _PLAN_REVIEW_MAX_WAVES
+    assert any(w["request_fingerprint"] == a_fp and w.get("paid") for w in state["waves"])
+    _install_barrier_substrate(monkeypatch, [], refused={"s1"})
+    _call(ctx, plan="The final revision: draft, then outline.")
+    assert _control(_collect(ctx, _state(harness)["waves"][-1]["request_fingerprint"])) == {"outcome": "REVIEW_REQUIRED", "closed": False}
+    assert _carried(harness) == ["s1:n1"]
+
+
 def test_a_compacted_last_paid_wave_still_owes_its_objection(harness, monkeypatch):
     """The hot index keeps eight full waves and compacts older ones. After A (paid, s1
     objecting) and eight unpaid revisions (every seat refused at $0), A is compact; the