Proposed Provision: C2.6. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2023-2024 to 68 and 63, respectively, and then by 3 months per year in 2025-2028 to 69 and 64, respectively.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2022 | 230 | 230 |
| 2023 | 211 | 211 |
| 2024 | 194 | 196 |
| 2025 | 177 | 181 |
| 2026 | 160 | 165 |
| 2027 | 143 | 150 |
| 2028 | 126 | 135 |
| 2029 | 109 | 121 |
| 2030 | 91 | 107 |
| 2031 | 74 | 92 |
| 2032 | 57 | 78 |
| 2033 | 39 | 64 |
| 2034 | 21 | 50 |
| 2035 | 3 | 35 |
| 2036 | -16 | 21 |
| 2037 | -35 | 6 |
| 2038 | -54 | -10 |
| 2039 | -74 | -25 |
| 2040 | -95 | -41 |
| 2041 | -116 | -58 |
| 2042 | -137 | -74 |
| 2043 | -158 | -91 |
| 2044 | -180 | -107 |
| 2045 | -202 | -124 |
| 2046 | -224 | -141 |
| 2047 | -246 | -158 |
| 2048 | -268 | -175 |
| 2049 | -291 | -193 |
| 2050 | -313 | -210 |
| 2051 | -336 | -227 |
| 2052 | -359 | -245 |
| 2053 | -383 | -263 |
| 2054 | -406 | -280 |
| 2055 | -430 | -298 |
| 2056 | -453 | -316 |
| 2057 | -477 | -334 |
| 2058 | -501 | -353 |
| 2059 | -525 | -371 |
| 2060 | -550 | -390 |
| 2061 | -575 | -409 |
| 2062 | -601 | -429 |
| 2063 | -627 | -449 |
| 2064 | -654 | -470 |
| 2065 | -681 | -491 |
| 2066 | -708 | -512 |
| 2067 | -736 | -534 |
| 2068 | -764 | -556 |
| 2069 | -792 | -579 |
| 2070 | -821 | -602 |
| 2071 | -850 | -625 |
| 2072 | -880 | -648 |
| 2073 | -910 | -672 |
| 2074 | -940 | -696 |
| 2075 | -971 | -721 |
| 2076 | -1003 | -747 |
| 2077 | -1036 | -773 |
| 2078 | -1069 | -799 |
| 2079 | -1104 | -827 |
| 2080 | -1139 | -855 |
| 2081 | -1175 | -884 |
| 2082 | -1212 | -913 |
| 2083 | -1249 | -943 |
| 2084 | -1286 | -973 |
| 2085 | -1324 | -1003 |
| 2086 | -1363 | -1034 |
| 2087 | -1402 | -1065 |
| 2088 | -1442 | -1096 |
| 2089 | -1481 | -1128 |
| 2090 | -1520 | -1159 |
| 2091 | -1558 | -1189 |
| 2092 | -1595 | -1219 |
| 2093 | -1632 | -1248 |
| 2094 | -1668 | -1277 |
| 2095 | -1703 | -1305 |
| 2096 | -1738 | -1333 |
| 2097 | -1773 | -1360 |
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