Proposed Provision: C2.6. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2021-2022 to 68 and 63, respectively, and then by 3 months per year in 2023-2026 to 69 and 64, respectively.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2020 | 261 | 261 |
| 2021 | 248 | 248 |
| 2022 | 233 | 234 |
| 2023 | 217 | 219 |
| 2024 | 200 | 204 |
| 2025 | 183 | 188 |
| 2026 | 165 | 173 |
| 2027 | 148 | 158 |
| 2028 | 130 | 143 |
| 2029 | 112 | 128 |
| 2030 | 94 | 113 |
| 2031 | 76 | 98 |
| 2032 | 58 | 83 |
| 2033 | 39 | 68 |
| 2034 | 20 | 54 |
| 2035 | 1 | 38 |
| 2036 | -19 | 23 |
| 2037 | -38 | 7 |
| 2038 | -59 | -9 |
| 2039 | -80 | -25 |
| 2040 | -101 | -41 |
| 2041 | -122 | -58 |
| 2042 | -144 | -75 |
| 2043 | -166 | -92 |
| 2044 | -188 | -109 |
| 2045 | -210 | -126 |
| 2046 | -232 | -143 |
| 2047 | -255 | -160 |
| 2048 | -277 | -177 |
| 2049 | -299 | -194 |
| 2050 | -322 | -210 |
| 2051 | -344 | -227 |
| 2052 | -367 | -244 |
| 2053 | -389 | -261 |
| 2054 | -412 | -277 |
| 2055 | -434 | -294 |
| 2056 | -457 | -311 |
| 2057 | -480 | -328 |
| 2058 | -504 | -345 |
| 2059 | -527 | -362 |
| 2060 | -551 | -380 |
| 2061 | -575 | -398 |
| 2062 | -599 | -416 |
| 2063 | -624 | -435 |
| 2064 | -650 | -455 |
| 2065 | -676 | -474 |
| 2066 | -702 | -494 |
| 2067 | -728 | -515 |
| 2068 | -755 | -536 |
| 2069 | -782 | -557 |
| 2070 | -809 | -578 |
| 2071 | -837 | -600 |
| 2072 | -866 | -623 |
| 2073 | -895 | -645 |
| 2074 | -925 | -669 |
| 2075 | -955 | -692 |
| 2076 | -986 | -717 |
| 2077 | -1018 | -742 |
| 2078 | -1051 | -767 |
| 2079 | -1084 | -794 |
| 2080 | -1119 | -821 |
| 2081 | -1154 | -849 |
| 2082 | -1190 | -877 |
| 2083 | -1226 | -906 |
| 2084 | -1263 | -935 |
| 2085 | -1300 | -964 |
| 2086 | -1337 | -994 |
| 2087 | -1374 | -1024 |
| 2088 | -1411 | -1053 |
| 2089 | -1448 | -1082 |
| 2090 | -1484 | -1111 |
| 2091 | -1520 | -1139 |
| 2092 | -1554 | -1167 |
| 2093 | -1589 | -1195 |
| 2094 | -1623 | -1222 |
| 2095 | -1657 | -1249 |
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