Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2025 by 3 months per year until EEA reaches 64 in 2032 and NRA reaches 69 in 2032.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2024 | 188 | 188 |
2025 | 171 | 171 |
2026 | 152 | 153 |
2027 | 134 | 136 |
2028 | 117 | 120 |
2029 | 101 | 104 |
2030 | 84 | 89 |
2031 | 68 | 75 |
2032 | 53 | 61 |
2033 | 37 | 47 |
2034 | 22 | 34 |
2035 | 7 | 21 |
2036 | -9 | 8 |
2037 | -26 | -6 |
2038 | -43 | -20 |
2039 | -60 | -34 |
2040 | -78 | -48 |
2041 | -96 | -63 |
2042 | -115 | -78 |
2043 | -135 | -93 |
2044 | -154 | -109 |
2045 | -174 | -124 |
2046 | -194 | -140 |
2047 | -215 | -156 |
2048 | -235 | -172 |
2049 | -256 | -189 |
2050 | -277 | -205 |
2051 | -299 | -222 |
2052 | -320 | -238 |
2053 | -342 | -255 |
2054 | -364 | -272 |
2055 | -386 | -289 |
2056 | -409 | -307 |
2057 | -431 | -324 |
2058 | -455 | -342 |
2059 | -478 | -360 |
2060 | -502 | -379 |
2061 | -527 | -398 |
2062 | -553 | -418 |
2063 | -579 | -438 |
2064 | -605 | -459 |
2065 | -632 | -480 |
2066 | -660 | -501 |
2067 | -688 | -523 |
2068 | -716 | -546 |
2069 | -745 | -568 |
2070 | -774 | -591 |
2071 | -803 | -615 |
2072 | -834 | -639 |
2073 | -864 | -664 |
2074 | -895 | -688 |
2075 | -927 | -714 |
2076 | -960 | -740 |
2077 | -993 | -766 |
2078 | -1027 | -794 |
2079 | -1062 | -822 |
2080 | -1098 | -851 |
2081 | -1134 | -880 |
2082 | -1172 | -910 |
2083 | -1209 | -941 |
2084 | -1248 | -972 |
2085 | -1287 | -1004 |
2086 | -1327 | -1036 |
2087 | -1368 | -1069 |
2088 | -1409 | -1103 |
2089 | -1450 | -1137 |
2090 | -1491 | -1170 |
2091 | -1532 | -1203 |
2092 | -1573 | -1236 |
2093 | -1612 | -1269 |
2094 | -1651 | -1300 |
2095 | -1689 | -1331 |
2096 | -1727 | -1362 |
2097 | -1764 | -1392 |
2098 | -1801 | -1422 |
2099 | -1838 | -1451 |
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