Proposed Provision: C2.6. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2020-2021 to 68 and 63, respectively, and then by 3 months per year in 2022-2025 to 69 and 64, respectively.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2019 | 273 | 273 |
2020 | 260 | 260 |
2021 | 245 | 246 |
2022 | 229 | 232 |
2023 | 213 | 217 |
2024 | 197 | 203 |
2025 | 180 | 189 |
2026 | 163 | 175 |
2027 | 147 | 162 |
2028 | 130 | 149 |
2029 | 114 | 136 |
2030 | 97 | 124 |
2031 | 80 | 111 |
2032 | 63 | 97 |
2033 | 46 | 84 |
2034 | 28 | 71 |
2035 | 10 | 57 |
2036 | -9 | 43 |
2037 | -28 | 28 |
2038 | -47 | 14 |
2039 | -67 | -1 |
2040 | -87 | -17 |
2041 | -108 | -32 |
2042 | -129 | -48 |
2043 | -150 | -63 |
2044 | -171 | -79 |
2045 | -192 | -94 |
2046 | -213 | -109 |
2047 | -234 | -125 |
2048 | -255 | -140 |
2049 | -276 | -155 |
2050 | -297 | -170 |
2051 | -318 | -184 |
2052 | -338 | -199 |
2053 | -359 | -214 |
2054 | -380 | -228 |
2055 | -401 | -243 |
2056 | -422 | -258 |
2057 | -444 | -272 |
2058 | -465 | -287 |
2059 | -487 | -303 |
2060 | -509 | -318 |
2061 | -531 | -334 |
2062 | -554 | -350 |
2063 | -577 | -367 |
2064 | -601 | -384 |
2065 | -625 | -401 |
2066 | -649 | -419 |
2067 | -674 | -437 |
2068 | -699 | -456 |
2069 | -724 | -475 |
2070 | -749 | -494 |
2071 | -776 | -514 |
2072 | -802 | -534 |
2073 | -830 | -554 |
2074 | -857 | -575 |
2075 | -885 | -596 |
2076 | -914 | -618 |
2077 | -944 | -640 |
2078 | -975 | -664 |
2079 | -1007 | -688 |
2080 | -1039 | -712 |
2081 | -1072 | -737 |
2082 | -1106 | -762 |
2083 | -1139 | -788 |
2084 | -1173 | -814 |
2085 | -1207 | -840 |
2086 | -1242 | -866 |
2087 | -1275 | -892 |
2088 | -1309 | -917 |
2089 | -1342 | -943 |
2090 | -1375 | -968 |
2091 | -1407 | -993 |
2092 | -1439 | -1017 |
2093 | -1471 | -1042 |
2094 | -1503 | -1066 |
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