Proposed Provision: Increase the earliest eligibility age (EEA) by two months every year for those age 62 starting in 2014 and ending in 2031 (EEA reaches 65 for those age 62 in 2031).
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2012 | 340 | 340 |
2013 | 329 | 329 |
2014 | 315 | 317 |
2015 | 302 | 306 |
2016 | 290 | 295 |
2017 | 277 | 284 |
2018 | 265 | 274 |
2019 | 253 | 264 |
2020 | 240 | 253 |
2021 | 227 | 241 |
2022 | 212 | 229 |
2023 | 197 | 215 |
2024 | 181 | 202 |
2025 | 164 | 187 |
2026 | 147 | 173 |
2027 | 129 | 157 |
2028 | 110 | 140 |
2029 | 90 | 122 |
2030 | 70 | 103 |
2031 | 49 | 84 |
2032 | 27 | 63 |
2033 | 5 | 42 |
2034 | -18 | 20 |
2035 | -41 | -2 |
2036 | -65 | -25 |
2037 | -89 | -49 |
2038 | -114 | -72 |
2039 | -138 | -97 |
2040 | -163 | -121 |
2041 | -189 | -146 |
2042 | -215 | -172 |
2043 | -240 | -197 |
2044 | -266 | -223 |
2045 | -292 | -249 |
2046 | -319 | -276 |
2047 | -346 | -303 |
2048 | -373 | -330 |
2049 | -400 | -357 |
2050 | -428 | -385 |
2051 | -456 | -413 |
2052 | -484 | -441 |
2053 | -512 | -470 |
2054 | -540 | -499 |
2055 | -569 | -528 |
2056 | -598 | -558 |
2057 | -628 | -588 |
2058 | -657 | -619 |
2059 | -688 | -650 |
2060 | -719 | -682 |
2061 | -750 | -714 |
2062 | -782 | -746 |
2063 | -814 | -779 |
2064 | -847 | -812 |
2065 | -880 | -846 |
2066 | -913 | -880 |
2067 | -946 | -914 |
2068 | -980 | -949 |
2069 | -1014 | -984 |
2070 | -1049 | -1020 |
2071 | -1084 | -1056 |
2072 | -1120 | -1093 |
2073 | -1156 | -1131 |
2074 | -1193 | -1168 |
2075 | -1230 | -1207 |
2076 | -1268 | -1247 |
2077 | -1307 | -1287 |
2078 | -1346 | -1327 |
2079 | -1385 | -1368 |
2080 | -1425 | -1409 |
2081 | -1465 | -1450 |
2082 | -1505 | -1492 |
2083 | -1547 | -1534 |
2084 | -1588 | -1577 |
2085 | -1631 | -1620 |
2086 | -1673 | -1664 |
2087 | -1717 | -1709 |
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