Proposed Provision: C2.6. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2024-2025 to 68 and 63, respectively, and then by 3 months per year in 2026-2029 to 69 and 64, respectively.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2023 | 204 | 204 |
| 2024 | 187 | 188 |
| 2025 | 168 | 169 |
| 2026 | 149 | 152 |
| 2027 | 131 | 135 |
| 2028 | 114 | 119 |
| 2029 | 96 | 103 |
| 2030 | 78 | 87 |
| 2031 | 60 | 72 |
| 2032 | 43 | 57 |
| 2033 | 25 | 42 |
| 2034 | 7 | 26 |
| 2035 | -12 | 11 |
| 2036 | -31 | -4 |
| 2037 | -51 | -20 |
| 2038 | -70 | -36 |
| 2039 | -91 | -53 |
| 2040 | -112 | -69 |
| 2041 | -133 | -87 |
| 2042 | -154 | -104 |
| 2043 | -176 | -121 |
| 2044 | -198 | -139 |
| 2045 | -220 | -156 |
| 2046 | -243 | -174 |
| 2047 | -265 | -191 |
| 2048 | -288 | -209 |
| 2049 | -311 | -227 |
| 2050 | -333 | -245 |
| 2051 | -357 | -263 |
| 2052 | -380 | -281 |
| 2053 | -403 | -299 |
| 2054 | -427 | -317 |
| 2055 | -450 | -336 |
| 2056 | -474 | -354 |
| 2057 | -498 | -372 |
| 2058 | -522 | -391 |
| 2059 | -547 | -410 |
| 2060 | -572 | -430 |
| 2061 | -597 | -450 |
| 2062 | -623 | -470 |
| 2063 | -650 | -491 |
| 2064 | -677 | -513 |
| 2065 | -705 | -535 |
| 2066 | -733 | -557 |
| 2067 | -762 | -580 |
| 2068 | -791 | -603 |
| 2069 | -820 | -627 |
| 2070 | -850 | -651 |
| 2071 | -880 | -675 |
| 2072 | -911 | -700 |
| 2073 | -942 | -725 |
| 2074 | -974 | -751 |
| 2075 | -1006 | -777 |
| 2076 | -1039 | -804 |
| 2077 | -1074 | -831 |
| 2078 | -1108 | -860 |
| 2079 | -1144 | -889 |
| 2080 | -1181 | -918 |
| 2081 | -1218 | -948 |
| 2082 | -1256 | -979 |
| 2083 | -1294 | -1010 |
| 2084 | -1333 | -1041 |
| 2085 | -1373 | -1073 |
| 2086 | -1413 | -1105 |
| 2087 | -1453 | -1138 |
| 2088 | -1494 | -1170 |
| 2089 | -1534 | -1203 |
| 2090 | -1574 | -1235 |
| 2091 | -1613 | -1267 |
| 2092 | -1651 | -1298 |
| 2093 | -1689 | -1328 |
| 2094 | -1726 | -1358 |
| 2095 | -1762 | -1388 |
| 2096 | -1798 | -1416 |
| 2097 | -1833 | -1445 |
| 2098 | -1868 | -1473 |
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