Proposed Provision: C2.6. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2020-2021 to 68 and 63, respectively, and then by 3 months per year in 2022-2025 to 69 and 64, respectively.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2017 | 298 | 298 |
2018 | 287 | 287 |
2019 | 273 | 273 |
2020 | 259 | 259 |
2021 | 245 | 246 |
2022 | 230 | 233 |
2023 | 215 | 220 |
2024 | 199 | 206 |
2025 | 182 | 193 |
2026 | 165 | 179 |
2027 | 148 | 166 |
2028 | 130 | 152 |
2029 | 112 | 138 |
2030 | 94 | 124 |
2031 | 75 | 110 |
2032 | 56 | 96 |
2033 | 37 | 81 |
2034 | 16 | 65 |
2035 | -4 | 49 |
2036 | -26 | 33 |
2037 | -47 | 16 |
2038 | -70 | -2 |
2039 | -92 | -19 |
2040 | -115 | -36 |
2041 | -138 | -54 |
2042 | -161 | -71 |
2043 | -184 | -88 |
2044 | -207 | -106 |
2045 | -230 | -123 |
2046 | -253 | -140 |
2047 | -276 | -156 |
2048 | -300 | -173 |
2049 | -323 | -190 |
2050 | -346 | -207 |
2051 | -370 | -224 |
2052 | -393 | -240 |
2053 | -417 | -257 |
2054 | -440 | -273 |
2055 | -464 | -290 |
2056 | -487 | -306 |
2057 | -511 | -323 |
2058 | -536 | -340 |
2059 | -560 | -358 |
2060 | -585 | -375 |
2061 | -611 | -394 |
2062 | -637 | -412 |
2063 | -663 | -431 |
2064 | -690 | -451 |
2065 | -717 | -470 |
2066 | -745 | -490 |
2067 | -772 | -511 |
2068 | -801 | -532 |
2069 | -829 | -553 |
2070 | -858 | -575 |
2071 | -888 | -597 |
2072 | -918 | -619 |
2073 | -949 | -642 |
2074 | -981 | -666 |
2075 | -1014 | -690 |
2076 | -1047 | -715 |
2077 | -1082 | -741 |
2078 | -1117 | -767 |
2079 | -1153 | -794 |
2080 | -1190 | -822 |
2081 | -1227 | -850 |
2082 | -1264 | -878 |
2083 | -1300 | -906 |
2084 | -1337 | -934 |
2085 | -1374 | -962 |
2086 | -1410 | -990 |
2087 | -1446 | -1018 |
2088 | -1483 | -1046 |
2089 | -1520 | -1074 |
2090 | -1557 | -1102 |
2091 | -1595 | -1130 |
2092 | -1633 | -1159 |
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