Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 1 month every 2 years until the NRA reaches 68.

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

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328328
2016321321
2017314314
2018306306
2019296296
2020284284
2021272272
2022259259
2023245245
2024230230
2025214215
2026198199
2027181182
2028164165
2029145147
2030127128
2031107109
20328790
20336770
20344650
20352529
203648
2037-18-13
2038-40-34
2039-62-55
2040-85-77
2041-108-98
2042-130-120
2043-153-141
2044-176-163
2045-200-185
2046-223-207
2047-247-229
2048-271-251
2049-295-273
2050-319-295
2051-343-317
2052-368-339
2053-393-361
2054-418-383
2055-443-406
2056-468-429
2057-494-452
2058-521-475
2059-548-499
2060-575-523
2061-602-547
2062-630-572
2063-659-596
2064-687-621
2065-716-647
2066-746-672
2067-775-698
2068-805-724
2069-835-750
2070-866-777
2071-897-804
2072-928-831
2073-960-859
2074-992-887
2075-1025-915
2076-1058-944
2077-1092-974
2078-1126-1004
2079-1161-1034
2080-1196-1065
2081-1232-1096
2082-1268-1128
2083-1305-1160
2084-1342-1193
2085-1380-1226
2086-1419-1259
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