Proposed Provision: C1.2. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until the NRA reaches 68.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2022 | 230 | 230 |
2023 | 211 | 211 |
2024 | 194 | 195 |
2025 | 177 | 178 |
2026 | 160 | 161 |
2027 | 143 | 145 |
2028 | 126 | 128 |
2029 | 109 | 112 |
2030 | 91 | 95 |
2031 | 74 | 79 |
2032 | 57 | 63 |
2033 | 39 | 47 |
2034 | 21 | 30 |
2035 | 3 | 13 |
2036 | -16 | -4 |
2037 | -35 | -21 |
2038 | -54 | -39 |
2039 | -74 | -57 |
2040 | -95 | -75 |
2041 | -116 | -94 |
2042 | -137 | -113 |
2043 | -158 | -132 |
2044 | -180 | -151 |
2045 | -202 | -171 |
2046 | -224 | -190 |
2047 | -246 | -210 |
2048 | -268 | -230 |
2049 | -291 | -250 |
2050 | -313 | -269 |
2051 | -336 | -290 |
2052 | -359 | -310 |
2053 | -383 | -330 |
2054 | -406 | -350 |
2055 | -430 | -371 |
2056 | -453 | -391 |
2057 | -477 | -412 |
2058 | -501 | -433 |
2059 | -525 | -454 |
2060 | -550 | -475 |
2061 | -575 | -497 |
2062 | -601 | -520 |
2063 | -627 | -543 |
2064 | -654 | -566 |
2065 | -681 | -589 |
2066 | -708 | -613 |
2067 | -736 | -638 |
2068 | -764 | -662 |
2069 | -792 | -687 |
2070 | -821 | -713 |
2071 | -850 | -739 |
2072 | -880 | -765 |
2073 | -910 | -791 |
2074 | -940 | -818 |
2075 | -971 | -846 |
2076 | -1003 | -874 |
2077 | -1036 | -903 |
2078 | -1069 | -932 |
2079 | -1104 | -963 |
2080 | -1139 | -994 |
2081 | -1175 | -1026 |
2082 | -1212 | -1059 |
2083 | -1249 | -1091 |
2084 | -1286 | -1124 |
2085 | -1324 | -1158 |
2086 | -1363 | -1192 |
2087 | -1402 | -1226 |
2088 | -1442 | -1260 |
2089 | -1481 | -1295 |
2090 | -1520 | -1330 |
2091 | -1558 | -1364 |
2092 | -1595 | -1397 |
2093 | -1632 | -1430 |
2094 | -1668 | -1462 |
2095 | -1703 | -1494 |
2096 | -1738 | -1524 |
2097 | -1773 | -1555 |
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