Proposed Provision: C2.8. Starting in 2024, 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 2024) phased in over 40 years.

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

Year Current Law Provision
2021253253
2022231231
2023214214
2024196196
2025178178
2026159160
2027141142
2028122124
2029104106
20308588
20316670
20324652
20332733
2034714
2035-13-5
2036-33-25
2037-54-45
2038-76-65
2039-97-86
2040-119-107
2041-142-129
2042-165-150
2043-188-172
2044-211-195
2045-235-217
2046-258-239
2047-282-262
2048-306-284
2049-330-307
2050-354-329
2051-378-352
2052-403-375
2053-427-398
2054-452-422
2055-477-445
2056-502-468
2057-527-492
2058-552-515
2059-578-539
2060-604-563
2061-630-587
2062-657-612
2063-684-637
2064-712-662
2065-740-688
2066-768-714
2067-796-741
2068-825-767
2069-855-794
2070-884-822
2071-914-849
2072-945-877
2073-976-905
2074-1007-934
2075-1039-963
2076-1071-992
2077-1105-1023
2078-1139-1054
2079-1175-1087
2080-1211-1120
2081-1248-1153
2082-1286-1187
2083-1324-1222
2084-1363-1257
2085-1403-1293
2086-1443-1329
2087-1483-1365
2088-1524-1403
2089-1564-1439
2090-1604-1476
2091-1643-1511
2092-1681-1545
2093-1718-1578
2094-1754-1610
2095-1789-1643
2096-1825-1674
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