Proposed Provision: C1.1. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 1 month every 2 years until the NRA reaches 68.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2018 | 288 | 288 |
2019 | 272 | 272 |
2020 | 256 | 256 |
2021 | 239 | 239 |
2022 | 223 | 223 |
2023 | 206 | 206 |
2024 | 188 | 188 |
2025 | 171 | 171 |
2026 | 154 | 154 |
2027 | 137 | 138 |
2028 | 120 | 121 |
2029 | 104 | 105 |
2030 | 86 | 88 |
2031 | 69 | 70 |
2032 | 51 | 53 |
2033 | 33 | 35 |
2034 | 14 | 17 |
2035 | -5 | -2 |
2036 | -25 | -22 |
2037 | -46 | -42 |
2038 | -67 | -62 |
2039 | -88 | -83 |
2040 | -110 | -103 |
2041 | -132 | -125 |
2042 | -154 | -146 |
2043 | -176 | -167 |
2044 | -199 | -189 |
2045 | -221 | -210 |
2046 | -244 | -232 |
2047 | -267 | -253 |
2048 | -289 | -274 |
2049 | -312 | -296 |
2050 | -335 | -317 |
2051 | -358 | -338 |
2052 | -381 | -359 |
2053 | -403 | -380 |
2054 | -426 | -400 |
2055 | -450 | -421 |
2056 | -473 | -442 |
2057 | -496 | -463 |
2058 | -520 | -485 |
2059 | -544 | -506 |
2060 | -569 | -528 |
2061 | -594 | -550 |
2062 | -619 | -572 |
2063 | -645 | -595 |
2064 | -671 | -619 |
2065 | -698 | -642 |
2066 | -725 | -666 |
2067 | -752 | -690 |
2068 | -780 | -715 |
2069 | -808 | -740 |
2070 | -837 | -766 |
2071 | -866 | -792 |
2072 | -896 | -818 |
2073 | -927 | -845 |
2074 | -958 | -873 |
2075 | -990 | -901 |
2076 | -1023 | -930 |
2077 | -1057 | -960 |
2078 | -1092 | -991 |
2079 | -1128 | -1023 |
2080 | -1165 | -1055 |
2081 | -1202 | -1088 |
2082 | -1240 | -1122 |
2083 | -1278 | -1155 |
2084 | -1316 | -1189 |
2085 | -1354 | -1223 |
2086 | -1392 | -1257 |
2087 | -1430 | -1291 |
2088 | -1468 | -1324 |
2089 | -1505 | -1358 |
2090 | -1543 | -1391 |
2091 | -1580 | -1424 |
2092 | -1618 | -1458 |
2093 | -1655 | -1491 |
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