Proposed Provision: C1.4. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until it reaches 69 for individuals attaining age 62 in 2034. Thereafter, increase the NRA 1 month every 2 years.

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

Year Current Law Provision
2017298298
2018287287
2019273273
2020259259
2021245245
2022230230
2023215215
2024199199
2025182183
2026165167
2027148150
2028130133
2029112115
20309498
20317580
20325663
20333745
20341626
2035-47
2036-26-12
2037-47-31
2038-70-50
2039-92-70
2040-115-89
2041-138-109
2042-161-128
2043-184-147
2044-207-165
2045-230-184
2046-253-202
2047-276-220
2048-300-238
2049-323-255
2050-346-273
2051-370-290
2052-393-307
2053-417-323
2054-440-340
2055-464-356
2056-487-373
2057-511-389
2058-536-405
2059-560-421
2060-585-438
2061-611-454
2062-637-471
2063-663-488
2064-690-506
2065-717-523
2066-745-541
2067-772-559
2068-801-577
2069-829-596
2070-858-615
2071-888-635
2072-918-655
2073-949-675
2074-981-696
2075-1014-717
2076-1047-739
2077-1082-761
2078-1117-784
2079-1153-808
2080-1190-832
2081-1227-856
2082-1264-880
2083-1300-905
2084-1337-929
2085-1374-953
2086-1410-978
2087-1446-1001
2088-1483-1025
2089-1520-1048
2090-1557-1072
2091-1595-1096
2092-1633-1122
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