Proposed Provision: C2.1. Increase the earliest eligibility age (EEA) by two months per year for those age 62 starting in 2022 and ending in 2039 (EEA reaches 65 for those age 62 in 2039).
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 | 203 |
2025 | 183 | 187 |
2026 | 165 | 171 |
2027 | 148 | 155 |
2028 | 130 | 139 |
2029 | 112 | 123 |
2030 | 94 | 108 |
2031 | 76 | 92 |
2032 | 58 | 76 |
2033 | 39 | 60 |
2034 | 20 | 44 |
2035 | 1 | 28 |
2036 | -19 | 11 |
2037 | -38 | -7 |
2038 | -59 | -25 |
2039 | -80 | -44 |
2040 | -101 | -63 |
2041 | -122 | -83 |
2042 | -144 | -103 |
2043 | -166 | -124 |
2044 | -188 | -145 |
2045 | -210 | -167 |
2046 | -232 | -188 |
2047 | -255 | -210 |
2048 | -277 | -232 |
2049 | -299 | -254 |
2050 | -322 | -276 |
2051 | -344 | -299 |
2052 | -367 | -321 |
2053 | -389 | -344 |
2054 | -412 | -367 |
2055 | -434 | -390 |
2056 | -457 | -413 |
2057 | -480 | -436 |
2058 | -504 | -460 |
2059 | -527 | -484 |
2060 | -551 | -509 |
2061 | -575 | -534 |
2062 | -599 | -559 |
2063 | -624 | -585 |
2064 | -650 | -611 |
2065 | -676 | -638 |
2066 | -702 | -665 |
2067 | -728 | -693 |
2068 | -755 | -720 |
2069 | -782 | -749 |
2070 | -809 | -777 |
2071 | -837 | -806 |
2072 | -866 | -835 |
2073 | -895 | -865 |
2074 | -925 | -896 |
2075 | -955 | -927 |
2076 | -986 | -959 |
2077 | -1018 | -993 |
2078 | -1051 | -1027 |
2079 | -1084 | -1062 |
2080 | -1119 | -1097 |
2081 | -1154 | -1134 |
2082 | -1190 | -1172 |
2083 | -1226 | -1209 |
2084 | -1263 | -1248 |
2085 | -1300 | -1286 |
2086 | -1337 | -1325 |
2087 | -1374 | -1363 |
2088 | -1411 | -1401 |
2089 | -1448 | -1439 |
2090 | -1484 | -1477 |
2091 | -1520 | -1514 |
2092 | -1554 | -1550 |
2093 | -1589 | -1586 |
2094 | -1623 | -1622 |
2095 | -1657 | -1657 |
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