Proposed Provision: C2.2. Starting for those age 62 in 2025, index the normal retirement age (NRA) to maintain a constant ratio of expected retirement years (life expectancy at NRA) to potential work years (NRA minus 20). We assume the NRA will increase 1 month every 2 years. Also, raise the earliest eligibility age (EEA) for retired-workers, aged widow(er)s, and disabled widow(er)s by the same amount as the NRA starting for those attaining 62 in 2025.

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

Year Current Law Provision
2024188188
2025171171
2026152153
2027134135
2028117118
2029101102
20308486
20316871
20325356
20333741
20342227
2035712
2036-9-3
2037-26-18
2038-43-34
2039-60-51
2040-78-67
2041-96-85
2042-115-102
2043-135-120
2044-154-138
2045-174-157
2046-194-176
2047-215-195
2048-235-214
2049-256-233
2050-277-252
2051-299-272
2052-320-291
2053-342-311
2054-364-331
2055-386-351
2056-409-371
2057-431-392
2058-455-413
2059-478-434
2060-502-455
2061-527-477
2062-553-500
2063-579-523
2064-605-547
2065-632-570
2066-660-595
2067-688-619
2068-716-644
2069-745-669
2070-774-695
2071-803-721
2072-834-747
2073-864-774
2074-895-801
2075-927-829
2076-960-857
2077-993-886
2078-1027-916
2079-1062-946
2080-1098-977
2081-1134-1008
2082-1172-1040
2083-1209-1072
2084-1248-1106
2085-1287-1140
2086-1327-1175
2087-1368-1210
2088-1409-1246
2089-1450-1282
2090-1491-1318
2091-1532-1354
2092-1573-1389
2093-1612-1424
2094-1651-1458
2095-1689-1491
2096-1727-1525
2097-1764-1558
2098-1801-1589
2099-1838-1619
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