Proposed Provision: C2.1. Increase the earliest eligibility age (EEA) by two months per year for those age 62 starting in 2023 and ending in 2040 (EEA reaches 65 for those age 62 in 2040).
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2021 | 253 | 253 |
2022 | 231 | 231 |
2023 | 214 | 214 |
2024 | 196 | 197 |
2025 | 178 | 180 |
2026 | 159 | 163 |
2027 | 141 | 146 |
2028 | 122 | 129 |
2029 | 104 | 112 |
2030 | 85 | 96 |
2031 | 66 | 79 |
2032 | 46 | 62 |
2033 | 27 | 45 |
2034 | 7 | 28 |
2035 | -13 | 10 |
2036 | -33 | -8 |
2037 | -54 | -26 |
2038 | -76 | -45 |
2039 | -97 | -64 |
2040 | -119 | -84 |
2041 | -142 | -105 |
2042 | -165 | -126 |
2043 | -188 | -147 |
2044 | -211 | -169 |
2045 | -235 | -192 |
2046 | -258 | -215 |
2047 | -282 | -237 |
2048 | -306 | -261 |
2049 | -330 | -284 |
2050 | -354 | -308 |
2051 | -378 | -332 |
2052 | -403 | -357 |
2053 | -427 | -381 |
2054 | -452 | -406 |
2055 | -477 | -431 |
2056 | -502 | -456 |
2057 | -527 | -482 |
2058 | -552 | -507 |
2059 | -578 | -533 |
2060 | -604 | -560 |
2061 | -630 | -586 |
2062 | -657 | -614 |
2063 | -684 | -642 |
2064 | -712 | -670 |
2065 | -740 | -699 |
2066 | -768 | -728 |
2067 | -796 | -758 |
2068 | -825 | -788 |
2069 | -855 | -818 |
2070 | -884 | -849 |
2071 | -914 | -879 |
2072 | -945 | -911 |
2073 | -976 | -942 |
2074 | -1007 | -974 |
2075 | -1039 | -1007 |
2076 | -1071 | -1040 |
2077 | -1105 | -1075 |
2078 | -1139 | -1111 |
2079 | -1175 | -1148 |
2080 | -1211 | -1185 |
2081 | -1248 | -1224 |
2082 | -1286 | -1263 |
2083 | -1324 | -1303 |
2084 | -1363 | -1344 |
2085 | -1403 | -1385 |
2086 | -1443 | -1426 |
2087 | -1483 | -1468 |
2088 | -1524 | -1509 |
2089 | -1564 | -1551 |
2090 | -1604 | -1592 |
2091 | -1643 | -1632 |
2092 | -1681 | -1671 |
2093 | -1718 | -1710 |
2094 | -1754 | -1748 |
2095 | -1789 | -1785 |
2096 | -1825 | -1822 |
back