Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 1 month every 2 years until the NRA reaches 68.

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

Year Present Law Provision
2013330330
2014315315
2015301301
2016286286
2017271271
2018257257
2019244244
2020231231
2021218218
2022204204
2023189189
2024173174
2025158158
2026142142
2027125125
2028108108
20299091
20307172
20315253
20323133
20331113
2034-11-8
2035-32-30
2036-55-51
2037-78-73
2038-101-96
2039-124-119
2040-148-141
2041-172-164
2042-196-188
2043-220-211
2044-245-234
2045-269-258
2046-294-281
2047-319-305
2048-345-329
2049-371-353
2050-397-377
2051-423-401
2052-449-426
2053-476-450
2054-502-474
2055-530-499
2056-557-524
2057-585-549
2058-613-575
2059-642-601
2060-671-627
2061-701-654
2062-732-681
2063-763-709
2064-794-738
2065-826-766
2066-859-795
2067-892-825
2068-925-855
2069-959-885
2070-993-916
2071-1028-947
2072-1064-980
2073-1101-1013
2074-1139-1046
2075-1178-1081
2076-1217-1117
2077-1258-1153
2078-1299-1190
2079-1340-1227
2080-1382-1264
2081-1424-1301
2082-1466-1338
2083-1508-1375
2084-1550-1413
2085-1592-1451
2086-1635-1489
2087-1678-1527
2088-1722-1566
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