Proposed Provision: Eliminate the hiatus in the normal retirement age (speed up the increase to age 67) and then index the normal retirement age (by 1 month every 2 years) until the NRA reaches age 68
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2005 | 320 | 320 |
2006 | 337 | 337 |
2007 | 355 | 355 |
2008 | 370 | 372 |
2009 | 383 | 386 |
2010 | 394 | 399 |
2011 | 404 | 411 |
2012 | 410 | 420 |
2013 | 415 | 428 |
2014 | 417 | 433 |
2015 | 418 | 437 |
2016 | 416 | 440 |
2017 | 412 | 441 |
2018 | 407 | 440 |
2019 | 401 | 437 |
2020 | 393 | 432 |
2021 | 383 | 425 |
2022 | 372 | 417 |
2023 | 360 | 408 |
2024 | 346 | 397 |
2025 | 332 | 385 |
2026 | 316 | 372 |
2027 | 299 | 357 |
2028 | 282 | 343 |
2029 | 264 | 327 |
2030 | 245 | 312 |
2031 | 225 | 295 |
2032 | 205 | 279 |
2033 | 185 | 262 |
2034 | 164 | 244 |
2035 | 143 | 227 |
2036 | 121 | 209 |
2037 | 99 | 191 |
2038 | 77 | 172 |
2039 | 54 | 154 |
2040 | 31 | 135 |
2041 | 7 | 116 |
2042 | -17 | 96 |
2043 | -41 | 77 |
2044 | -66 | 57 |
2045 | -91 | 36 |
2046 | -117 | 16 |
2047 | -143 | -5 |
2048 | -169 | -27 |
2049 | -196 | -49 |
2050 | -223 | -71 |
2051 | -251 | -93 |
2052 | -279 | -116 |
2053 | -308 | -140 |
2054 | -337 | -163 |
2055 | -367 | -188 |
2056 | -397 | -213 |
2057 | -428 | -238 |
2058 | -460 | -264 |
2059 | -492 | -290 |
2060 | -525 | -317 |
2061 | -558 | -345 |
2062 | -592 | -373 |
2063 | -626 | -401 |
2064 | -661 | -430 |
2065 | -697 | -460 |
2066 | -734 | -491 |
2067 | -772 | -522 |
2068 | -810 | -554 |
2069 | -849 | -586 |
2070 | -889 | -619 |
2071 | -930 | -653 |
2072 | -971 | -688 |
2073 | -1014 | -723 |
2074 | -1057 | -759 |
2075 | -1101 | -796 |
2076 | -1146 | -833 |
2077 | -1192 | -871 |
2078 | -1238 | -910 |
2079 | -1286 | -950 |
2080 | -1334 | -992 |
2081 | -1383 | -1033 |
2082 | -1433 | -1075 |
2083 | -1484 | -1118 |
2084 | -1536 | -1162 |
2085 | -1589 | -1206 |
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