Proposed Provision: C2.8. Starting in 2023, convert all disabled-worker beneficiaries to retired-worker status upon attainment of their earliest eligibility age (EEA) rather than their normal retirement age (NRA). After conversion, apply the early retirement reduction for retirement at EEA (currently 30 percent for those age 62 in 2023) phased in over 40 years.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2020261261
2021248248
2022233233
2023217217
2024200200
2025183184
2026165167
2027148150
2028130133
2029112116
20309499
20317682
20325864
20333947
20342029
2035111
2036-19-7
2037-38-26
2038-59-46
2039-80-65
2040-101-85
2041-122-105
2042-144-125
2043-166-146
2044-188-167
2045-210-188
2046-232-208
2047-255-229
2048-277-250
2049-299-271
2050-322-291
2051-344-312
2052-367-333
2053-389-353
2054-412-374
2055-434-395
2056-457-416
2057-480-437
2058-504-458
2059-527-479
2060-551-501
2061-575-523
2062-599-545
2063-624-567
2064-650-590
2065-676-614
2066-702-637
2067-728-661
2068-755-685
2069-782-710
2070-809-734
2071-837-760
2072-866-785
2073-895-812
2074-925-838
2075-955-865
2076-986-893
2077-1018-921
2078-1051-950
2079-1084-981
2080-1119-1011
2081-1154-1043
2082-1190-1074
2083-1226-1107
2084-1263-1139
2085-1300-1172
2086-1337-1206
2087-1374-1239
2088-1411-1272
2089-1448-1305
2090-1484-1337
2091-1520-1369
2092-1554-1400
2093-1589-1431
2094-1623-1461
2095-1657-1491
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