Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2021 by 3 months per year until EEA reaches 64 in 2028 and NRA reaches 69 in 2030.
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 | 218 |
| 2024 | 200 | 202 |
| 2025 | 183 | 185 |
| 2026 | 165 | 168 |
| 2027 | 148 | 152 |
| 2028 | 130 | 135 |
| 2029 | 112 | 119 |
| 2030 | 94 | 103 |
| 2031 | 76 | 87 |
| 2032 | 58 | 71 |
| 2033 | 39 | 55 |
| 2034 | 20 | 39 |
| 2035 | 1 | 23 |
| 2036 | -19 | 6 |
| 2037 | -38 | -10 |
| 2038 | -59 | -27 |
| 2039 | -80 | -45 |
| 2040 | -101 | -62 |
| 2041 | -122 | -79 |
| 2042 | -144 | -97 |
| 2043 | -166 | -115 |
| 2044 | -188 | -133 |
| 2045 | -210 | -151 |
| 2046 | -232 | -169 |
| 2047 | -255 | -186 |
| 2048 | -277 | -204 |
| 2049 | -299 | -222 |
| 2050 | -322 | -239 |
| 2051 | -344 | -257 |
| 2052 | -367 | -274 |
| 2053 | -389 | -291 |
| 2054 | -412 | -309 |
| 2055 | -434 | -326 |
| 2056 | -457 | -343 |
| 2057 | -480 | -361 |
| 2058 | -504 | -378 |
| 2059 | -527 | -396 |
| 2060 | -551 | -414 |
| 2061 | -575 | -432 |
| 2062 | -599 | -451 |
| 2063 | -624 | -470 |
| 2064 | -650 | -489 |
| 2065 | -676 | -509 |
| 2066 | -702 | -530 |
| 2067 | -728 | -550 |
| 2068 | -755 | -571 |
| 2069 | -782 | -593 |
| 2070 | -809 | -614 |
| 2071 | -837 | -636 |
| 2072 | -866 | -659 |
| 2073 | -895 | -682 |
| 2074 | -925 | -705 |
| 2075 | -955 | -729 |
| 2076 | -986 | -754 |
| 2077 | -1018 | -779 |
| 2078 | -1051 | -805 |
| 2079 | -1084 | -832 |
| 2080 | -1119 | -859 |
| 2081 | -1154 | -887 |
| 2082 | -1190 | -916 |
| 2083 | -1226 | -945 |
| 2084 | -1263 | -974 |
| 2085 | -1300 | -1004 |
| 2086 | -1337 | -1034 |
| 2087 | -1374 | -1064 |
| 2088 | -1411 | -1094 |
| 2089 | -1448 | -1123 |
| 2090 | -1484 | -1152 |
| 2091 | -1520 | -1181 |
| 2092 | -1554 | -1210 |
| 2093 | -1589 | -1237 |
| 2094 | -1623 | -1265 |
| 2095 | -1657 | -1292 |
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