Proposed Provision: Index benefits to longevity after the normal retirement age (NRA) reaches age 67 under current law. Under current law, the NRA reaches 67 for individuals who attain age 62 in 2022 and later. Under this provision, the NRA would be further increased by one month for those attaining age 62 in every other year after 2022.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 350 |
| 2013 | 346 | 346 |
| 2014 | 341 | 341 |
| 2015 | 335 | 335 |
| 2016 | 330 | 330 |
| 2017 | 324 | 324 |
| 2018 | 317 | 317 |
| 2019 | 309 | 309 |
| 2020 | 299 | 299 |
| 2021 | 289 | 289 |
| 2022 | 277 | 277 |
| 2023 | 264 | 265 |
| 2024 | 251 | 251 |
| 2025 | 237 | 237 |
| 2026 | 221 | 222 |
| 2027 | 205 | 206 |
| 2028 | 189 | 189 |
| 2029 | 171 | 172 |
| 2030 | 154 | 155 |
| 2031 | 136 | 137 |
| 2032 | 117 | 119 |
| 2033 | 98 | 100 |
| 2034 | 79 | 82 |
| 2035 | 59 | 63 |
| 2036 | 39 | 44 |
| 2037 | 19 | 24 |
| 2038 | -1 | 5 |
| 2039 | -21 | -15 |
| 2040 | -42 | -34 |
| 2041 | -63 | -54 |
| 2042 | -84 | -73 |
| 2043 | -105 | -93 |
| 2044 | -126 | -113 |
| 2045 | -147 | -132 |
| 2046 | -168 | -152 |
| 2047 | -189 | -172 |
| 2048 | -211 | -191 |
| 2049 | -233 | -211 |
| 2050 | -255 | -231 |
| 2051 | -277 | -251 |
| 2052 | -299 | -271 |
| 2053 | -321 | -291 |
| 2054 | -344 | -310 |
| 2055 | -366 | -330 |
| 2056 | -389 | -350 |
| 2057 | -412 | -371 |
| 2058 | -436 | -391 |
| 2059 | -460 | -412 |
| 2060 | -485 | -433 |
| 2061 | -509 | -454 |
| 2062 | -534 | -476 |
| 2063 | -560 | -498 |
| 2064 | -586 | -520 |
| 2065 | -612 | -542 |
| 2066 | -638 | -564 |
| 2067 | -665 | -586 |
| 2068 | -692 | -609 |
| 2069 | -720 | -632 |
| 2070 | -748 | -656 |
| 2071 | -776 | -679 |
| 2072 | -805 | -704 |
| 2073 | -834 | -728 |
| 2074 | -864 | -753 |
| 2075 | -894 | -778 |
| 2076 | -925 | -803 |
| 2077 | -957 | -829 |
| 2078 | -989 | -855 |
| 2079 | -1021 | -882 |
| 2080 | -1054 | -909 |
| 2081 | -1087 | -937 |
| 2082 | -1121 | -966 |
| 2083 | -1156 | -995 |
| 2084 | -1191 | -1024 |
| 2085 | -1227 | -1052 |
back