Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months every year until the NRA reaches 68.

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

Year Present Law Provision
2012340340
2013329329
2014315315
2015302302
2016290290
2017277277
2018265265
2019253253
2020240240
2021227227
2022212212
2023197197
2024181182
2025164165
2026147148
2027129131
2028110113
20299094
20307074
20314954
20322734
2033513
2034-18-8
2035-41-30
2036-65-52
2037-89-74
2038-114-97
2039-138-119
2040-163-142
2041-189-165
2042-215-189
2043-240-212
2044-266-235
2045-292-259
2046-319-282
2047-346-306
2048-373-330
2049-400-355
2050-428-379
2051-456-404
2052-484-428
2053-512-453
2054-540-478
2055-569-503
2056-598-528
2057-628-553
2058-657-579
2059-688-606
2060-719-632
2061-750-659
2062-782-687
2063-814-714
2064-847-743
2065-880-771
2066-913-800
2067-946-829
2068-980-858
2069-1014-887
2070-1049-917
2071-1084-948
2072-1120-979
2073-1156-1010
2074-1193-1042
2075-1230-1074
2076-1268-1107
2077-1307-1141
2078-1346-1175
2079-1385-1209
2080-1425-1244
2081-1465-1279
2082-1505-1314
2083-1547-1350
2084-1588-1386
2085-1631-1423
2086-1673-1461
2087-1717-1499
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