Proposed Provision: C1.3. 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.
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 | -401 |
| 2055 | -450 | -422 |
| 2056 | -473 | -443 |
| 2057 | -496 | -464 |
| 2058 | -520 | -486 |
| 2059 | -544 | -507 |
| 2060 | -569 | -529 |
| 2061 | -594 | -551 |
| 2062 | -619 | -574 |
| 2063 | -645 | -596 |
| 2064 | -671 | -619 |
| 2065 | -698 | -643 |
| 2066 | -725 | -667 |
| 2067 | -752 | -691 |
| 2068 | -780 | -715 |
| 2069 | -808 | -740 |
| 2070 | -837 | -765 |
| 2071 | -866 | -790 |
| 2072 | -896 | -817 |
| 2073 | -927 | -843 |
| 2074 | -958 | -870 |
| 2075 | -990 | -898 |
| 2076 | -1023 | -926 |
| 2077 | -1057 | -955 |
| 2078 | -1092 | -985 |
| 2079 | -1128 | -1016 |
| 2080 | -1165 | -1048 |
| 2081 | -1202 | -1079 |
| 2082 | -1240 | -1111 |
| 2083 | -1278 | -1143 |
| 2084 | -1316 | -1176 |
| 2085 | -1354 | -1209 |
| 2086 | -1392 | -1243 |
| 2087 | -1430 | -1275 |
| 2088 | -1468 | -1307 |
| 2089 | -1505 | -1338 |
| 2090 | -1543 | -1369 |
| 2091 | -1580 | -1400 |
| 2092 | -1618 | -1432 |
| 2093 | -1655 | -1464 |
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