Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2023 by 3 months per year until EEA reaches 64 in 2030 and NRA reaches 69 in 2030.

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

Year Current Law Provision
2022230230
2023211211
2024194195
2025177179
2026160162
2027143146
2028126130
2029109114
20309199
20317483
20325768
20333953
20342137
2035322
2036-166
2037-35-10
2038-54-26
2039-74-43
2040-95-60
2041-116-77
2042-137-94
2043-158-112
2044-180-129
2045-202-147
2046-224-164
2047-246-182
2048-268-200
2049-291-218
2050-313-236
2051-336-254
2052-359-272
2053-383-290
2054-406-309
2055-430-327
2056-453-346
2057-477-364
2058-501-383
2059-525-402
2060-550-421
2061-575-440
2062-601-460
2063-627-481
2064-654-501
2065-681-523
2066-708-544
2067-736-566
2068-764-589
2069-792-611
2070-821-634
2071-850-658
2072-880-682
2073-910-706
2074-940-730
2075-971-755
2076-1003-780
2077-1036-807
2078-1069-834
2079-1104-861
2080-1139-890
2081-1175-919
2082-1212-948
2083-1249-978
2084-1286-1009
2085-1324-1039
2086-1363-1070
2087-1402-1102
2088-1442-1134
2089-1481-1165
2090-1520-1197
2091-1558-1228
2092-1595-1258
2093-1632-1287
2094-1668-1317
2095-1703-1345
2096-1738-1373
2097-1773-1401
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