Proposed Provision: C1.1. Starting with those age 62 in 2025, increase the normal retirement age (NRA) 1 month every 2 years until the NRA reaches 68.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2024 | 188 | 188 |
| 2025 | 171 | 171 |
| 2026 | 152 | 152 |
| 2027 | 134 | 135 |
| 2028 | 117 | 118 |
| 2029 | 101 | 101 |
| 2030 | 84 | 85 |
| 2031 | 68 | 69 |
| 2032 | 53 | 54 |
| 2033 | 37 | 38 |
| 2034 | 22 | 24 |
| 2035 | 7 | 8 |
| 2036 | -9 | -7 |
| 2037 | -26 | -23 |
| 2038 | -43 | -40 |
| 2039 | -60 | -57 |
| 2040 | -78 | -74 |
| 2041 | -96 | -92 |
| 2042 | -115 | -110 |
| 2043 | -135 | -128 |
| 2044 | -154 | -147 |
| 2045 | -174 | -166 |
| 2046 | -194 | -185 |
| 2047 | -215 | -205 |
| 2048 | -235 | -224 |
| 2049 | -256 | -244 |
| 2050 | -277 | -264 |
| 2051 | -299 | -284 |
| 2052 | -320 | -303 |
| 2053 | -342 | -324 |
| 2054 | -364 | -344 |
| 2055 | -386 | -364 |
| 2056 | -409 | -385 |
| 2057 | -431 | -406 |
| 2058 | -455 | -427 |
| 2059 | -478 | -448 |
| 2060 | -502 | -470 |
| 2061 | -527 | -492 |
| 2062 | -553 | -515 |
| 2063 | -579 | -539 |
| 2064 | -605 | -563 |
| 2065 | -632 | -587 |
| 2066 | -660 | -612 |
| 2067 | -688 | -637 |
| 2068 | -716 | -663 |
| 2069 | -745 | -688 |
| 2070 | -774 | -715 |
| 2071 | -803 | -741 |
| 2072 | -834 | -769 |
| 2073 | -864 | -796 |
| 2074 | -895 | -824 |
| 2075 | -927 | -853 |
| 2076 | -960 | -882 |
| 2077 | -993 | -912 |
| 2078 | -1027 | -943 |
| 2079 | -1062 | -974 |
| 2080 | -1098 | -1006 |
| 2081 | -1134 | -1039 |
| 2082 | -1172 | -1073 |
| 2083 | -1209 | -1107 |
| 2084 | -1248 | -1141 |
| 2085 | -1287 | -1177 |
| 2086 | -1327 | -1212 |
| 2087 | -1368 | -1249 |
| 2088 | -1409 | -1286 |
| 2089 | -1450 | -1323 |
| 2090 | -1491 | -1360 |
| 2091 | -1532 | -1396 |
| 2092 | -1573 | -1432 |
| 2093 | -1612 | -1468 |
| 2094 | -1651 | -1503 |
| 2095 | -1689 | -1537 |
| 2096 | -1727 | -1571 |
| 2097 | -1764 | -1605 |
| 2098 | -1801 | -1638 |
| 2099 | -1838 | -1670 |
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