Proposed Provision: Shorten the hiatus in the normal retirement age (start increasing to age 67 for those age 62 in 2011, rather than those age 62 in 2017) 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
2010355355
2011353353
2012350352
2013346348
2014341344
2015335340
2016330335
2017324331
2018317326
2019309319
2020299312
2021289303
2022277293
2023264282
2024251269
2025237256
2026221242
2027205228
2028189212
2029171197
2030154181
2031136164
2032117147
203398130
203479113
20355996
20363978
20371960
2038-143
2039-2125
2040-427
2041-63-11
2042-84-29
2043-105-46
2044-126-64
2045-147-82
2046-168-100
2047-189-117
2048-211-135
2049-233-153
2050-255-171
2051-277-189
2052-299-207
2053-321-226
2054-344-244
2055-366-262
2056-389-281
2057-412-300
2058-436-319
2059-460-338
2060-485-358
2061-509-378
2062-534-399
2063-560-419
2064-586-440
2065-612-462
2066-638-483
2067-665-505
2068-692-527
2069-720-549
2070-748-572
2071-776-596
2072-805-619
2073-834-643
2074-864-668
2075-894-693
2076-925-718
2077-957-744
2078-989-771
2079-1021-797
2080-1054-825
2081-1087-853
2082-1121-881
2083-1156-910
2084-1191-939
2085-1227-969
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