Proposed Provision: C1.3. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, index the 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.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 273 |
| 2020 | 259 | 259 |
| 2021 | 245 | 245 |
| 2022 | 230 | 230 |
| 2023 | 215 | 215 |
| 2024 | 199 | 199 |
| 2025 | 182 | 183 |
| 2026 | 165 | 166 |
| 2027 | 148 | 148 |
| 2028 | 130 | 131 |
| 2029 | 112 | 113 |
| 2030 | 94 | 95 |
| 2031 | 75 | 77 |
| 2032 | 56 | 58 |
| 2033 | 37 | 39 |
| 2034 | 16 | 19 |
| 2035 | -4 | -1 |
| 2036 | -26 | -22 |
| 2037 | -47 | -43 |
| 2038 | -70 | -65 |
| 2039 | -92 | -87 |
| 2040 | -115 | -109 |
| 2041 | -138 | -131 |
| 2042 | -161 | -153 |
| 2043 | -184 | -175 |
| 2044 | -207 | -197 |
| 2045 | -230 | -219 |
| 2046 | -253 | -241 |
| 2047 | -276 | -263 |
| 2048 | -300 | -285 |
| 2049 | -323 | -306 |
| 2050 | -346 | -328 |
| 2051 | -370 | -350 |
| 2052 | -393 | -372 |
| 2053 | -417 | -393 |
| 2054 | -440 | -415 |
| 2055 | -464 | -436 |
| 2056 | -487 | -458 |
| 2057 | -511 | -479 |
| 2058 | -536 | -501 |
| 2059 | -560 | -523 |
| 2060 | -585 | -545 |
| 2061 | -611 | -568 |
| 2062 | -637 | -591 |
| 2063 | -663 | -614 |
| 2064 | -690 | -638 |
| 2065 | -717 | -662 |
| 2066 | -745 | -686 |
| 2067 | -772 | -710 |
| 2068 | -801 | -735 |
| 2069 | -829 | -760 |
| 2070 | -858 | -785 |
| 2071 | -888 | -812 |
| 2072 | -918 | -838 |
| 2073 | -949 | -865 |
| 2074 | -981 | -892 |
| 2075 | -1014 | -920 |
| 2076 | -1047 | -949 |
| 2077 | -1082 | -978 |
| 2078 | -1117 | -1009 |
| 2079 | -1153 | -1040 |
| 2080 | -1190 | -1072 |
| 2081 | -1227 | -1103 |
| 2082 | -1264 | -1135 |
| 2083 | -1300 | -1166 |
| 2084 | -1337 | -1198 |
| 2085 | -1374 | -1230 |
| 2086 | -1410 | -1262 |
| 2087 | -1446 | -1294 |
| 2088 | -1483 | -1325 |
| 2089 | -1520 | -1355 |
| 2090 | -1557 | -1384 |
| 2091 | -1595 | -1417 |
| 2092 | -1633 | -1449 |
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