Proposed Provision: Increase the earliest eligibility age (EEA) by two months per year for those age 62 starting in 2017 and ending in 2034 (EEA reaches 65 for those age 62 in 2034).
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2015 | 308 | 308 |
2016 | 298 | 298 |
2017 | 280 | 281 |
2018 | 264 | 266 |
2019 | 248 | 252 |
2020 | 233 | 238 |
2021 | 219 | 225 |
2022 | 204 | 212 |
2023 | 189 | 199 |
2024 | 173 | 187 |
2025 | 157 | 174 |
2026 | 142 | 161 |
2027 | 126 | 148 |
2028 | 110 | 135 |
2029 | 94 | 121 |
2030 | 77 | 107 |
2031 | 60 | 92 |
2032 | 42 | 76 |
2033 | 23 | 59 |
2034 | 4 | 42 |
2035 | -16 | 23 |
2036 | -36 | 4 |
2037 | -57 | -15 |
2038 | -78 | -35 |
2039 | -100 | -56 |
2040 | -122 | -77 |
2041 | -144 | -98 |
2042 | -166 | -120 |
2043 | -189 | -142 |
2044 | -211 | -164 |
2045 | -234 | -187 |
2046 | -257 | -210 |
2047 | -280 | -233 |
2048 | -303 | -256 |
2049 | -327 | -280 |
2050 | -351 | -303 |
2051 | -375 | -327 |
2052 | -398 | -351 |
2053 | -423 | -376 |
2054 | -447 | -400 |
2055 | -472 | -426 |
2056 | -496 | -451 |
2057 | -522 | -477 |
2058 | -548 | -504 |
2059 | -574 | -531 |
2060 | -601 | -559 |
2061 | -629 | -587 |
2062 | -657 | -616 |
2063 | -685 | -645 |
2064 | -714 | -675 |
2065 | -744 | -705 |
2066 | -774 | -736 |
2067 | -804 | -767 |
2068 | -835 | -799 |
2069 | -867 | -831 |
2070 | -899 | -864 |
2071 | -932 | -898 |
2072 | -965 | -933 |
2073 | -1000 | -969 |
2074 | -1035 | -1006 |
2075 | -1072 | -1043 |
2076 | -1110 | -1082 |
2077 | -1148 | -1123 |
2078 | -1188 | -1164 |
2079 | -1228 | -1205 |
2080 | -1268 | -1247 |
2081 | -1309 | -1289 |
2082 | -1350 | -1331 |
2083 | -1391 | -1372 |
2084 | -1432 | -1414 |
2085 | -1472 | -1456 |
2086 | -1514 | -1499 |
2087 | -1555 | -1542 |
2088 | -1597 | -1585 |
2089 | -1640 | -1629 |
2090 | -1683 | -1674 |
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