Proposed Provision: C1.2. 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 |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 277 |
2019 | 262 | 262 |
2020 | 246 | 246 |
2021 | 231 | 231 |
2022 | 216 | 216 |
2023 | 200 | 200 |
2024 | 183 | 183 |
2025 | 165 | 167 |
2026 | 149 | 150 |
2027 | 132 | 134 |
2028 | 115 | 118 |
2029 | 98 | 102 |
2030 | 81 | 86 |
2031 | 64 | 69 |
2032 | 46 | 53 |
2033 | 27 | 36 |
2034 | 8 | 18 |
2035 | -11 | 1 |
2036 | -30 | -17 |
2037 | -50 | -35 |
2038 | -71 | -53 |
2039 | -91 | -72 |
2040 | -112 | -91 |
2041 | -133 | -110 |
2042 | -154 | -129 |
2043 | -176 | -147 |
2044 | -197 | -166 |
2045 | -218 | -185 |
2046 | -240 | -204 |
2047 | -262 | -223 |
2048 | -283 | -242 |
2049 | -305 | -260 |
2050 | -327 | -279 |
2051 | -349 | -298 |
2052 | -371 | -317 |
2053 | -393 | -335 |
2054 | -415 | -354 |
2055 | -437 | -373 |
2056 | -460 | -392 |
2057 | -482 | -411 |
2058 | -506 | -431 |
2059 | -529 | -451 |
2060 | -553 | -471 |
2061 | -578 | -492 |
2062 | -603 | -513 |
2063 | -628 | -534 |
2064 | -654 | -556 |
2065 | -680 | -578 |
2066 | -706 | -601 |
2067 | -733 | -624 |
2068 | -760 | -647 |
2069 | -788 | -671 |
2070 | -816 | -695 |
2071 | -845 | -720 |
2072 | -874 | -745 |
2073 | -905 | -771 |
2074 | -935 | -798 |
2075 | -967 | -825 |
2076 | -1000 | -853 |
2077 | -1033 | -882 |
2078 | -1068 | -911 |
2079 | -1102 | -942 |
2080 | -1138 | -972 |
2081 | -1173 | -1002 |
2082 | -1208 | -1033 |
2083 | -1243 | -1063 |
2084 | -1279 | -1094 |
2085 | -1314 | -1124 |
2086 | -1349 | -1155 |
2087 | -1384 | -1186 |
2088 | -1419 | -1217 |
2089 | -1455 | -1248 |
2090 | -1491 | -1279 |
2091 | -1528 | -1311 |
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