Proposed Provision: C2.1. Increase the earliest eligibility age (EEA) by 2 months per year for those age 62 starting in 2026 and ending in 2043 (EEA reaches 65 for those age 62 in 2043).

OASDI Cost Rates and Income Rates
(as a percentage of taxable payroll)

  Income Rates Cost Rates
Year Current Law Provision Current Law Provision
202413.013.014.714.7
202512.912.915.015.0
202613.113.115.215.2
202713.113.115.415.3
202813.113.115.415.3
202913.213.215.515.3
203013.213.215.515.3
203113.213.215.615.3
203213.213.215.615.2
203313.313.315.715.2
203413.313.315.815.3
203513.313.315.915.4
203613.313.316.015.5
203713.313.316.115.6
203813.313.316.215.7
203913.313.316.315.8
204013.313.316.315.9
204113.313.416.416.0
204213.313.416.416.2
204313.313.416.516.3
204413.313.416.516.4
204513.313.416.616.5
204613.313.416.616.6
204713.413.416.616.6
204813.413.416.716.7
204913.413.416.716.8
205013.413.416.816.9
205113.413.416.817.0
205213.413.416.917.1
205313.413.516.917.2
205413.413.517.017.2
205513.413.517.117.3
205613.413.517.217.4
205713.413.517.217.5
205813.413.517.317.6
205913.413.517.417.7
206013.413.517.517.9
206113.413.517.618.0
206213.413.517.718.0
206313.413.517.718.1
206413.413.517.818.2
206513.513.517.918.3
206613.513.517.918.4
206713.513.618.018.4
206813.513.618.018.5
206913.513.618.118.6
207013.513.618.218.7
207113.513.618.318.7
207213.513.618.318.8
207313.513.618.418.9
207413.513.618.418.9
207513.513.618.519.0
207613.513.618.519.0
207713.513.618.619.1
207813.513.618.619.1
207913.513.618.619.1
208013.513.618.619.1
208113.513.618.619.1
208213.513.618.619.1
208313.513.618.519.1
208413.513.618.519.1
208513.513.618.519.0
208613.513.618.419.0
208713.513.618.418.9
208813.513.618.318.8
208913.513.618.218.8
209013.513.618.218.7
209113.513.618.118.7
209213.513.618.118.6
209313.513.618.118.6
209413.513.618.118.6
209513.513.618.118.6
209613.513.618.118.6
209713.513.618.118.6
209813.513.618.118.7
209913.513.618.218.7
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