Proposed Provision: Eliminate the hiatus in the normal retirement age (speed up the increase to age 67) and then increase the NRA 2 months per year 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 | 435 |
2015 | 418 | 440 |
2016 | 416 | 444 |
2017 | 412 | 447 |
2018 | 407 | 448 |
2019 | 401 | 447 |
2020 | 393 | 444 |
2021 | 383 | 439 |
2022 | 372 | 433 |
2023 | 360 | 425 |
2024 | 346 | 416 |
2025 | 332 | 405 |
2026 | 316 | 393 |
2027 | 299 | 380 |
2028 | 282 | 367 |
2029 | 264 | 353 |
2030 | 245 | 338 |
2031 | 225 | 323 |
2032 | 205 | 308 |
2033 | 185 | 292 |
2034 | 164 | 276 |
2035 | 143 | 259 |
2036 | 121 | 242 |
2037 | 99 | 225 |
2038 | 77 | 208 |
2039 | 54 | 191 |
2040 | 31 | 173 |
2041 | 7 | 155 |
2042 | -17 | 137 |
2043 | -41 | 118 |
2044 | -66 | 100 |
2045 | -91 | 80 |
2046 | -117 | 61 |
2047 | -143 | 41 |
2048 | -169 | 21 |
2049 | -196 | 0 |
2050 | -223 | -21 |
2051 | -251 | -43 |
2052 | -279 | -65 |
2053 | -308 | -87 |
2054 | -337 | -110 |
2055 | -367 | -133 |
2056 | -397 | -157 |
2057 | -428 | -182 |
2058 | -460 | -207 |
2059 | -492 | -232 |
2060 | -525 | -258 |
2061 | -558 | -285 |
2062 | -592 | -312 |
2063 | -626 | -340 |
2064 | -661 | -368 |
2065 | -697 | -397 |
2066 | -734 | -427 |
2067 | -772 | -457 |
2068 | -810 | -488 |
2069 | -849 | -519 |
2070 | -889 | -552 |
2071 | -930 | -585 |
2072 | -971 | -618 |
2073 | -1014 | -653 |
2074 | -1057 | -688 |
2075 | -1101 | -724 |
2076 | -1146 | -759 |
2077 | -1192 | -796 |
2078 | -1238 | -834 |
2079 | -1286 | -873 |
2080 | -1334 | -914 |
2081 | -1383 | -954 |
2082 | -1433 | -995 |
2083 | -1484 | -1036 |
2084 | -1536 | -1079 |
2085 | -1589 | -1122 |
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