Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase both the NRA and the earliest eligibility age (EEA) by 36/47 of a month per year until the NRA and EEA reach 65 and 70 respectively. For each year, the computed EEA and NRA rounds down to the next lower full month.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328328
2016321321
2017314314
2018306306
2019296296
2020284284
2021272272
2022259259
2023245245
2024230230
2025214215
2026198200
2027181183
2028164166
2029145148
2030127130
2031107111
20328792
20336773
20344653
20352533
2036413
2037-18-8
2038-40-28
2039-62-49
2040-85-70
2041-108-90
2042-130-111
2043-153-132
2044-176-152
2045-200-173
2046-223-194
2047-247-215
2048-271-236
2049-295-257
2050-319-278
2051-343-298
2052-368-319
2053-393-340
2054-418-360
2055-443-381
2056-468-402
2057-494-423
2058-521-444
2059-548-465
2060-575-487
2061-602-509
2062-630-531
2063-659-553
2064-687-576
2065-716-598
2066-746-621
2067-775-644
2068-805-666
2069-835-689
2070-866-712
2071-897-735
2072-928-758
2073-960-782
2074-992-805
2075-1025-830
2076-1058-855
2077-1092-880
2078-1126-905
2079-1161-930
2080-1196-956
2081-1232-982
2082-1268-1009
2083-1305-1035
2084-1342-1062
2085-1380-1089
2086-1419-1116
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