Proposed Provision: C1.2. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until the NRA reaches 68.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2020 | 261 | 261 |
| 2021 | 248 | 248 |
| 2022 | 233 | 233 |
| 2023 | 217 | 217 |
| 2024 | 200 | 201 |
| 2025 | 183 | 184 |
| 2026 | 165 | 166 |
| 2027 | 148 | 150 |
| 2028 | 130 | 132 |
| 2029 | 112 | 115 |
| 2030 | 94 | 98 |
| 2031 | 76 | 80 |
| 2032 | 58 | 63 |
| 2033 | 39 | 46 |
| 2034 | 20 | 28 |
| 2035 | 1 | 11 |
| 2036 | -19 | -7 |
| 2037 | -38 | -25 |
| 2038 | -59 | -44 |
| 2039 | -80 | -63 |
| 2040 | -101 | -82 |
| 2041 | -122 | -101 |
| 2042 | -144 | -121 |
| 2043 | -166 | -140 |
| 2044 | -188 | -160 |
| 2045 | -210 | -180 |
| 2046 | -232 | -200 |
| 2047 | -255 | -220 |
| 2048 | -277 | -239 |
| 2049 | -299 | -259 |
| 2050 | -322 | -279 |
| 2051 | -344 | -298 |
| 2052 | -367 | -318 |
| 2053 | -389 | -337 |
| 2054 | -412 | -357 |
| 2055 | -434 | -377 |
| 2056 | -457 | -396 |
| 2057 | -480 | -416 |
| 2058 | -504 | -436 |
| 2059 | -527 | -456 |
| 2060 | -551 | -477 |
| 2061 | -575 | -497 |
| 2062 | -599 | -518 |
| 2063 | -624 | -540 |
| 2064 | -650 | -562 |
| 2065 | -676 | -584 |
| 2066 | -702 | -607 |
| 2067 | -728 | -630 |
| 2068 | -755 | -653 |
| 2069 | -782 | -677 |
| 2070 | -809 | -701 |
| 2071 | -837 | -725 |
| 2072 | -866 | -751 |
| 2073 | -895 | -776 |
| 2074 | -925 | -802 |
| 2075 | -955 | -829 |
| 2076 | -986 | -856 |
| 2077 | -1018 | -884 |
| 2078 | -1051 | -913 |
| 2079 | -1084 | -942 |
| 2080 | -1119 | -973 |
| 2081 | -1154 | -1004 |
| 2082 | -1190 | -1035 |
| 2083 | -1226 | -1067 |
| 2084 | -1263 | -1099 |
| 2085 | -1300 | -1132 |
| 2086 | -1337 | -1165 |
| 2087 | -1374 | -1197 |
| 2088 | -1411 | -1230 |
| 2089 | -1448 | -1262 |
| 2090 | -1484 | -1294 |
| 2091 | -1520 | -1326 |
| 2092 | -1554 | -1357 |
| 2093 | -1589 | -1387 |
| 2094 | -1623 | -1417 |
| 2095 | -1657 | -1447 |
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