Proposed Provision: Starting in 2013, convert all disabled worker beneficiaries to retired worker status upon attainment of their EEA (rather than their NRA). After conversion, apply the early retirement reduction for retirement at EEA (currently 25%) times the ratio of years after 2012 (or years after attaining age 21, if later) and before attaining age 62, to 40. Medicare eligibility would be extended to age 65 on the basis of disability. After 2012, disability applications would not be accepted for benefit entitlement that would start at ages over EEA.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2010 | 355 | 356 |
2011 | 353 | 353 |
2012 | 350 | 350 |
2013 | 346 | 346 |
2014 | 341 | 341 |
2015 | 335 | 336 |
2016 | 330 | 332 |
2017 | 324 | 327 |
2018 | 317 | 320 |
2019 | 309 | 313 |
2020 | 299 | 305 |
2021 | 289 | 295 |
2022 | 277 | 284 |
2023 | 264 | 273 |
2024 | 251 | 260 |
2025 | 237 | 247 |
2026 | 221 | 233 |
2027 | 205 | 219 |
2028 | 189 | 203 |
2029 | 171 | 188 |
2030 | 154 | 171 |
2031 | 136 | 155 |
2032 | 117 | 138 |
2033 | 98 | 120 |
2034 | 79 | 103 |
2035 | 59 | 85 |
2036 | 39 | 67 |
2037 | 19 | 48 |
2038 | -1 | 30 |
2039 | -21 | 12 |
2040 | -42 | -7 |
2041 | -63 | -25 |
2042 | -84 | -44 |
2043 | -105 | -63 |
2044 | -126 | -81 |
2045 | -147 | -100 |
2046 | -168 | -118 |
2047 | -189 | -137 |
2048 | -211 | -156 |
2049 | -233 | -175 |
2050 | -255 | -194 |
2051 | -277 | -213 |
2052 | -299 | -232 |
2053 | -321 | -251 |
2054 | -344 | -271 |
2055 | -366 | -290 |
2056 | -389 | -310 |
2057 | -412 | -329 |
2058 | -436 | -349 |
2059 | -460 | -370 |
2060 | -485 | -390 |
2061 | -509 | -411 |
2062 | -534 | -433 |
2063 | -560 | -454 |
2064 | -586 | -476 |
2065 | -612 | -498 |
2066 | -638 | -520 |
2067 | -665 | -543 |
2068 | -692 | -566 |
2069 | -720 | -589 |
2070 | -748 | -612 |
2071 | -776 | -636 |
2072 | -805 | -661 |
2073 | -834 | -685 |
2074 | -864 | -710 |
2075 | -894 | -736 |
2076 | -925 | -762 |
2077 | -957 | -788 |
2078 | -989 | -815 |
2079 | -1021 | -843 |
2080 | -1054 | -871 |
2081 | -1087 | -899 |
2082 | -1121 | -928 |
2083 | -1156 | -957 |
2084 | -1191 | -987 |
2085 | -1227 | -1017 |
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