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 2018.
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 | 231 |
| 2023 | 215 | 216 |
| 2024 | 199 | 201 |
| 2025 | 182 | 185 |
| 2026 | 165 | 168 |
| 2027 | 148 | 151 |
| 2028 | 130 | 134 |
| 2029 | 112 | 116 |
| 2030 | 94 | 99 |
| 2031 | 75 | 81 |
| 2032 | 56 | 62 |
| 2033 | 37 | 44 |
| 2034 | 16 | 24 |
| 2035 | -4 | 4 |
| 2036 | -26 | -16 |
| 2037 | -47 | -37 |
| 2038 | -70 | -58 |
| 2039 | -92 | -80 |
| 2040 | -115 | -101 |
| 2041 | -138 | -123 |
| 2042 | -161 | -145 |
| 2043 | -184 | -167 |
| 2044 | -207 | -188 |
| 2045 | -230 | -210 |
| 2046 | -253 | -232 |
| 2047 | -276 | -253 |
| 2048 | -300 | -275 |
| 2049 | -323 | -296 |
| 2050 | -346 | -318 |
| 2051 | -370 | -340 |
| 2052 | -393 | -361 |
| 2053 | -417 | -382 |
| 2054 | -440 | -403 |
| 2055 | -464 | -425 |
| 2056 | -487 | -446 |
| 2057 | -511 | -467 |
| 2058 | -536 | -488 |
| 2059 | -560 | -510 |
| 2060 | -585 | -532 |
| 2061 | -611 | -555 |
| 2062 | -637 | -577 |
| 2063 | -663 | -601 |
| 2064 | -690 | -624 |
| 2065 | -717 | -648 |
| 2066 | -745 | -673 |
| 2067 | -772 | -697 |
| 2068 | -801 | -722 |
| 2069 | -829 | -746 |
| 2070 | -858 | -771 |
| 2071 | -888 | -797 |
| 2072 | -918 | -822 |
| 2073 | -949 | -849 |
| 2074 | -981 | -876 |
| 2075 | -1014 | -904 |
| 2076 | -1047 | -933 |
| 2077 | -1082 | -963 |
| 2078 | -1117 | -993 |
| 2079 | -1153 | -1025 |
| 2080 | -1190 | -1057 |
| 2081 | -1227 | -1091 |
| 2082 | -1264 | -1123 |
| 2083 | -1300 | -1155 |
| 2084 | -1337 | -1187 |
| 2085 | -1374 | -1218 |
| 2086 | -1410 | -1248 |
| 2087 | -1446 | -1279 |
| 2088 | -1483 | -1309 |
| 2089 | -1520 | -1339 |
| 2090 | -1557 | -1369 |
| 2091 | -1595 | -1399 |
| 2092 | -1633 | -1429 |
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