Proposed Provision: C2.2. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, index the NRA to maintain a constant ratio of expected retirement years (life expectancy at NRA) to potential work years (NRA minus 20). We assume the NRA will increase 1 month every 2 years. Also, raise the earliest eligibility age (EEA) for retired-workers, aged widow(er)s, and disabled widow(er)s by the same amount as the NRA starting for those attaining EEA in 2017.
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 | 247 |
| 2021 | 231 | 233 |
| 2022 | 216 | 218 |
| 2023 | 200 | 202 |
| 2024 | 183 | 185 |
| 2025 | 165 | 169 |
| 2026 | 149 | 152 |
| 2027 | 132 | 136 |
| 2028 | 115 | 120 |
| 2029 | 98 | 103 |
| 2030 | 81 | 87 |
| 2031 | 64 | 70 |
| 2032 | 46 | 53 |
| 2033 | 27 | 36 |
| 2034 | 8 | 18 |
| 2035 | -11 | -1 |
| 2036 | -30 | -19 |
| 2037 | -50 | -38 |
| 2038 | -71 | -58 |
| 2039 | -91 | -77 |
| 2040 | -112 | -97 |
| 2041 | -133 | -117 |
| 2042 | -154 | -137 |
| 2043 | -176 | -156 |
| 2044 | -197 | -176 |
| 2045 | -218 | -196 |
| 2046 | -240 | -216 |
| 2047 | -262 | -236 |
| 2048 | -283 | -256 |
| 2049 | -305 | -276 |
| 2050 | -327 | -296 |
| 2051 | -349 | -316 |
| 2052 | -371 | -336 |
| 2053 | -393 | -355 |
| 2054 | -415 | -375 |
| 2055 | -437 | -395 |
| 2056 | -460 | -414 |
| 2057 | -482 | -434 |
| 2058 | -506 | -455 |
| 2059 | -529 | -475 |
| 2060 | -553 | -496 |
| 2061 | -578 | -517 |
| 2062 | -603 | -539 |
| 2063 | -628 | -561 |
| 2064 | -654 | -584 |
| 2065 | -680 | -607 |
| 2066 | -706 | -630 |
| 2067 | -733 | -653 |
| 2068 | -760 | -677 |
| 2069 | -788 | -701 |
| 2070 | -816 | -724 |
| 2071 | -845 | -749 |
| 2072 | -874 | -774 |
| 2073 | -905 | -800 |
| 2074 | -935 | -827 |
| 2075 | -967 | -854 |
| 2076 | -1000 | -883 |
| 2077 | -1033 | -912 |
| 2078 | -1068 | -941 |
| 2079 | -1102 | -972 |
| 2080 | -1138 | -1002 |
| 2081 | -1173 | -1034 |
| 2082 | -1208 | -1064 |
| 2083 | -1243 | -1094 |
| 2084 | -1279 | -1124 |
| 2085 | -1314 | -1153 |
| 2086 | -1349 | -1182 |
| 2087 | -1384 | -1211 |
| 2088 | -1419 | -1240 |
| 2089 | -1455 | -1270 |
| 2090 | -1491 | -1300 |
| 2091 | -1528 | -1331 |
back