Proposed Provision: C2.6. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2022-2023 to 68 and 63, respectively, and then by 3 months per year in 2024-2027 to 69 and 64, respectively.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2021 | 253 | 253 |
| 2022 | 231 | 232 |
| 2023 | 214 | 215 |
| 2024 | 196 | 198 |
| 2025 | 178 | 182 |
| 2026 | 159 | 164 |
| 2027 | 141 | 148 |
| 2028 | 122 | 131 |
| 2029 | 104 | 115 |
| 2030 | 85 | 99 |
| 2031 | 66 | 82 |
| 2032 | 46 | 66 |
| 2033 | 27 | 50 |
| 2034 | 7 | 33 |
| 2035 | -13 | 17 |
| 2036 | -33 | 0 |
| 2037 | -54 | -17 |
| 2038 | -76 | -34 |
| 2039 | -97 | -52 |
| 2040 | -119 | -69 |
| 2041 | -142 | -87 |
| 2042 | -165 | -106 |
| 2043 | -188 | -124 |
| 2044 | -211 | -143 |
| 2045 | -235 | -162 |
| 2046 | -258 | -181 |
| 2047 | -282 | -200 |
| 2048 | -306 | -219 |
| 2049 | -330 | -238 |
| 2050 | -354 | -257 |
| 2051 | -378 | -276 |
| 2052 | -403 | -295 |
| 2053 | -427 | -314 |
| 2054 | -452 | -333 |
| 2055 | -477 | -353 |
| 2056 | -502 | -372 |
| 2057 | -527 | -392 |
| 2058 | -552 | -411 |
| 2059 | -578 | -431 |
| 2060 | -604 | -451 |
| 2061 | -630 | -472 |
| 2062 | -657 | -493 |
| 2063 | -684 | -514 |
| 2064 | -712 | -536 |
| 2065 | -740 | -558 |
| 2066 | -768 | -580 |
| 2067 | -796 | -603 |
| 2068 | -825 | -626 |
| 2069 | -855 | -650 |
| 2070 | -884 | -674 |
| 2071 | -914 | -698 |
| 2072 | -945 | -722 |
| 2073 | -976 | -747 |
| 2074 | -1007 | -772 |
| 2075 | -1039 | -798 |
| 2076 | -1071 | -824 |
| 2077 | -1105 | -851 |
| 2078 | -1139 | -879 |
| 2079 | -1175 | -908 |
| 2080 | -1211 | -937 |
| 2081 | -1248 | -967 |
| 2082 | -1286 | -997 |
| 2083 | -1324 | -1028 |
| 2084 | -1363 | -1060 |
| 2085 | -1403 | -1092 |
| 2086 | -1443 | -1124 |
| 2087 | -1483 | -1156 |
| 2088 | -1524 | -1189 |
| 2089 | -1564 | -1222 |
| 2090 | -1604 | -1254 |
| 2091 | -1643 | -1286 |
| 2092 | -1681 | -1317 |
| 2093 | -1718 | -1347 |
| 2094 | -1754 | -1376 |
| 2095 | -1789 | -1405 |
| 2096 | -1825 | -1434 |
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