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
2018288288
2019272272
2020256256
2021239239
2022223223
2023206206
2024188189
2025171172
2026154155
2027137139
2028120123
2029104107
20308690
20316974
20325157
20333341
20341424
2035-56
2036-25-12
2037-46-30
2038-67-48
2039-88-66
2040-110-85
2041-132-103
2042-154-121
2043-176-140
2044-199-158
2045-221-176
2046-244-194
2047-267-211
2048-289-228
2049-312-246
2050-335-262
2051-358-279
2052-381-295
2053-403-312
2054-426-328
2055-450-344
2056-473-360
2057-496-376
2058-520-392
2059-544-407
2060-569-423
2061-594-440
2062-619-456
2063-645-473
2064-671-490
2065-698-507
2066-725-524
2067-752-542
2068-780-560
2069-808-578
2070-837-597
2071-866-617
2072-896-637
2073-927-657
2074-958-678
2075-990-699
2076-1023-720
2077-1057-742
2078-1092-765
2079-1128-788
2080-1165-813
2081-1202-837
2082-1240-862
2083-1278-887
2084-1316-912
2085-1354-937
2086-1392-961
2087-1430-986
2088-1468-1010
2089-1505-1034
2090-1543-1058
2091-1580-1082
2092-1618-1106
2093-1655-1130
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