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 70 and 65 respectively. For each year, the computed NRA and EEA round down to the next lower full month.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248248
2020233233
2021219219
2022204204
2023189189
2024173173
2025157158
2026142143
2027126127
2028110112
20299496
20307780
20316063
20324245
20332327
203449
2035-16-10
2036-36-29
2037-57-49
2038-78-69
2039-100-89
2040-122-110
2041-144-130
2042-166-151
2043-189-171
2044-211-192
2045-234-213
2046-257-234
2047-280-254
2048-303-275
2049-327-296
2050-351-317
2051-375-338
2052-398-359
2053-423-379
2054-447-400
2055-472-421
2056-496-441
2057-522-463
2058-548-484
2059-574-506
2060-601-528
2061-629-551
2062-657-574
2063-685-598
2064-714-621
2065-744-646
2066-774-671
2067-804-696
2068-835-721
2069-867-746
2070-899-771
2071-932-796
2072-965-823
2073-1000-850
2074-1035-879
2075-1072-908
2076-1110-939
2077-1148-970
2078-1188-1001
2079-1228-1033
2080-1268-1064
2081-1309-1095
2082-1350-1126
2083-1391-1157
2084-1432-1188
2085-1472-1219
2086-1514-1250
2087-1555-1281
2088-1597-1313
2089-1640-1345
2090-1683-1377
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