Proposed Provision: Increase both the earliest eligibility age (EEA) and the normal retirement age (NRA) at a rate of 36/47 of a month per year starting for those reaching age 62 in 2023, until reaching an EEA of 65 and an NRA of 70 for those reaching age 62 in 2069. For each year, the computed EEA and NRA would be rounded down to the next lower full month.
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 | 264 |
| 2024 | 251 | 251 |
| 2025 | 237 | 237 |
| 2026 | 221 | 222 |
| 2027 | 205 | 206 |
| 2028 | 189 | 190 |
| 2029 | 171 | 173 |
| 2030 | 154 | 156 |
| 2031 | 136 | 139 |
| 2032 | 117 | 121 |
| 2033 | 98 | 103 |
| 2034 | 79 | 85 |
| 2035 | 59 | 66 |
| 2036 | 39 | 48 |
| 2037 | 19 | 29 |
| 2038 | -1 | 11 |
| 2039 | -21 | -8 |
| 2040 | -42 | -27 |
| 2041 | -63 | -45 |
| 2042 | -84 | -64 |
| 2043 | -105 | -82 |
| 2044 | -126 | -101 |
| 2045 | -147 | -119 |
| 2046 | -168 | -137 |
| 2047 | -189 | -156 |
| 2048 | -211 | -174 |
| 2049 | -233 | -192 |
| 2050 | -255 | -210 |
| 2051 | -277 | -228 |
| 2052 | -299 | -246 |
| 2053 | -321 | -264 |
| 2054 | -344 | -282 |
| 2055 | -366 | -300 |
| 2056 | -389 | -317 |
| 2057 | -412 | -335 |
| 2058 | -436 | -353 |
| 2059 | -460 | -371 |
| 2060 | -485 | -389 |
| 2061 | -509 | -408 |
| 2062 | -534 | -426 |
| 2063 | -560 | -445 |
| 2064 | -586 | -465 |
| 2065 | -612 | -484 |
| 2066 | -638 | -504 |
| 2067 | -665 | -523 |
| 2068 | -692 | -543 |
| 2069 | -720 | -563 |
| 2070 | -748 | -583 |
| 2071 | -776 | -603 |
| 2072 | -805 | -624 |
| 2073 | -834 | -644 |
| 2074 | -864 | -665 |
| 2075 | -894 | -687 |
| 2076 | -925 | -708 |
| 2077 | -957 | -730 |
| 2078 | -989 | -752 |
| 2079 | -1021 | -774 |
| 2080 | -1054 | -797 |
| 2081 | -1087 | -820 |
| 2082 | -1121 | -844 |
| 2083 | -1156 | -867 |
| 2084 | -1191 | -891 |
| 2085 | -1227 | -916 |
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