Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2019 by 3 months per year until EEA reaches 64 in 2026 and NRA reaches 69 in 2029.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2018 | 288 | 288 |
2019 | 272 | 273 |
2020 | 256 | 257 |
2021 | 239 | 241 |
2022 | 223 | 224 |
2023 | 206 | 208 |
2024 | 188 | 192 |
2025 | 171 | 176 |
2026 | 154 | 160 |
2027 | 137 | 145 |
2028 | 120 | 130 |
2029 | 104 | 115 |
2030 | 86 | 100 |
2031 | 69 | 85 |
2032 | 51 | 70 |
2033 | 33 | 55 |
2034 | 14 | 39 |
2035 | -5 | 23 |
2036 | -25 | 7 |
2037 | -46 | -10 |
2038 | -67 | -27 |
2039 | -88 | -44 |
2040 | -110 | -62 |
2041 | -132 | -80 |
2042 | -154 | -98 |
2043 | -176 | -116 |
2044 | -199 | -133 |
2045 | -221 | -151 |
2046 | -244 | -169 |
2047 | -267 | -186 |
2048 | -289 | -204 |
2049 | -312 | -221 |
2050 | -335 | -238 |
2051 | -358 | -256 |
2052 | -381 | -273 |
2053 | -403 | -290 |
2054 | -426 | -307 |
2055 | -450 | -324 |
2056 | -473 | -341 |
2057 | -496 | -358 |
2058 | -520 | -375 |
2059 | -544 | -393 |
2060 | -569 | -411 |
2061 | -594 | -429 |
2062 | -619 | -448 |
2063 | -645 | -467 |
2064 | -671 | -486 |
2065 | -698 | -506 |
2066 | -725 | -526 |
2067 | -752 | -547 |
2068 | -780 | -568 |
2069 | -808 | -590 |
2070 | -837 | -612 |
2071 | -866 | -634 |
2072 | -896 | -657 |
2073 | -927 | -680 |
2074 | -958 | -704 |
2075 | -990 | -728 |
2076 | -1023 | -753 |
2077 | -1057 | -779 |
2078 | -1092 | -806 |
2079 | -1128 | -834 |
2080 | -1165 | -862 |
2081 | -1202 | -891 |
2082 | -1240 | -920 |
2083 | -1278 | -950 |
2084 | -1316 | -979 |
2085 | -1354 | -1009 |
2086 | -1392 | -1039 |
2087 | -1430 | -1069 |
2088 | -1468 | -1099 |
2089 | -1505 | -1128 |
2090 | -1543 | -1157 |
2091 | -1580 | -1186 |
2092 | -1618 | -1216 |
2093 | -1655 | -1245 |
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