Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until the NRA reaches 68.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2015 | 308 | 308 |
| 2016 | 298 | 298 |
| 2017 | 280 | 280 |
| 2018 | 264 | 264 |
| 2019 | 248 | 248 |
| 2020 | 233 | 233 |
| 2021 | 219 | 219 |
| 2022 | 204 | 204 |
| 2023 | 189 | 189 |
| 2024 | 173 | 173 |
| 2025 | 157 | 158 |
| 2026 | 142 | 143 |
| 2027 | 126 | 128 |
| 2028 | 110 | 113 |
| 2029 | 94 | 97 |
| 2030 | 77 | 82 |
| 2031 | 60 | 65 |
| 2032 | 42 | 48 |
| 2033 | 23 | 31 |
| 2034 | 4 | 13 |
| 2035 | -16 | -5 |
| 2036 | -36 | -23 |
| 2037 | -57 | -42 |
| 2038 | -78 | -62 |
| 2039 | -100 | -81 |
| 2040 | -122 | -101 |
| 2041 | -144 | -121 |
| 2042 | -166 | -141 |
| 2043 | -189 | -161 |
| 2044 | -211 | -181 |
| 2045 | -234 | -201 |
| 2046 | -257 | -221 |
| 2047 | -280 | -242 |
| 2048 | -303 | -262 |
| 2049 | -327 | -283 |
| 2050 | -351 | -303 |
| 2051 | -375 | -324 |
| 2052 | -398 | -345 |
| 2053 | -423 | -365 |
| 2054 | -447 | -386 |
| 2055 | -472 | -407 |
| 2056 | -496 | -429 |
| 2057 | -522 | -451 |
| 2058 | -548 | -473 |
| 2059 | -574 | -495 |
| 2060 | -601 | -518 |
| 2061 | -629 | -542 |
| 2062 | -657 | -566 |
| 2063 | -685 | -590 |
| 2064 | -714 | -615 |
| 2065 | -744 | -641 |
| 2066 | -774 | -667 |
| 2067 | -804 | -693 |
| 2068 | -835 | -720 |
| 2069 | -867 | -747 |
| 2070 | -899 | -775 |
| 2071 | -932 | -804 |
| 2072 | -965 | -833 |
| 2073 | -1000 | -863 |
| 2074 | -1035 | -894 |
| 2075 | -1072 | -925 |
| 2076 | -1110 | -958 |
| 2077 | -1148 | -992 |
| 2078 | -1188 | -1026 |
| 2079 | -1228 | -1061 |
| 2080 | -1268 | -1097 |
| 2081 | -1309 | -1132 |
| 2082 | -1350 | -1168 |
| 2083 | -1391 | -1204 |
| 2084 | -1432 | -1239 |
| 2085 | -1472 | -1275 |
| 2086 | -1514 | -1312 |
| 2087 | -1555 | -1348 |
| 2088 | -1597 | -1385 |
| 2089 | -1640 | -1422 |
| 2090 | -1683 | -1460 |
back