Proposed Provision: Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2020-21 to 68 and 63, respectively, and then by 3 months per year in 2022-25 to 69 and 64, respectively.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248248
2020233234
2021219220
2022204206
2023189193
2024173180
2025157167
2026142156
2027126144
2028110133
202994121
203077110
20316097
20324284
20332370
2034456
2035-1641
2036-3626
2037-5710
2038-78-5
2039-100-22
2040-122-38
2041-144-54
2042-166-71
2043-189-87
2044-211-104
2045-234-120
2046-257-137
2047-280-153
2048-303-170
2049-327-186
2050-351-203
2051-375-220
2052-398-236
2053-423-253
2054-447-270
2055-472-287
2056-496-305
2057-522-322
2058-548-341
2059-574-359
2060-601-378
2061-629-398
2062-657-418
2063-685-438
2064-714-460
2065-744-481
2066-774-503
2067-804-526
2068-835-548
2069-867-572
2070-899-595
2071-932-619
2072-965-644
2073-1000-669
2074-1035-696
2075-1072-724
2076-1110-752
2077-1148-781
2078-1188-810
2079-1228-840
2080-1268-871
2081-1309-902
2082-1350-933
2083-1391-963
2084-1432-994
2085-1472-1025
2086-1514-1057
2087-1555-1089
2088-1597-1120
2089-1640-1152
2090-1683-1185
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