Proposed Provision: C2.4. Starting for those age 62 in 2024, increase both the normal retirement age (NRA) and the earliest eligibility age (EEA) by 36/47 of a month per year until the NRA and EEA reach 70 and 65 respectively. For each year, the computed NRA and EEA round down to the next lower full month.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2023 | 204 | 204 |
| 2024 | 187 | 187 |
| 2025 | 168 | 168 |
| 2026 | 149 | 150 |
| 2027 | 131 | 132 |
| 2028 | 114 | 114 |
| 2029 | 96 | 97 |
| 2030 | 78 | 80 |
| 2031 | 60 | 62 |
| 2032 | 43 | 45 |
| 2033 | 25 | 28 |
| 2034 | 7 | 10 |
| 2035 | -12 | -8 |
| 2036 | -31 | -26 |
| 2037 | -51 | -45 |
| 2038 | -70 | -64 |
| 2039 | -91 | -83 |
| 2040 | -112 | -103 |
| 2041 | -133 | -123 |
| 2042 | -154 | -143 |
| 2043 | -176 | -164 |
| 2044 | -198 | -184 |
| 2045 | -220 | -205 |
| 2046 | -243 | -225 |
| 2047 | -265 | -246 |
| 2048 | -288 | -267 |
| 2049 | -311 | -287 |
| 2050 | -333 | -308 |
| 2051 | -357 | -329 |
| 2052 | -380 | -350 |
| 2053 | -403 | -371 |
| 2054 | -427 | -391 |
| 2055 | -450 | -412 |
| 2056 | -474 | -433 |
| 2057 | -498 | -454 |
| 2058 | -522 | -474 |
| 2059 | -547 | -496 |
| 2060 | -572 | -517 |
| 2061 | -597 | -539 |
| 2062 | -623 | -561 |
| 2063 | -650 | -584 |
| 2064 | -677 | -608 |
| 2065 | -705 | -631 |
| 2066 | -733 | -655 |
| 2067 | -762 | -679 |
| 2068 | -791 | -704 |
| 2069 | -820 | -729 |
| 2070 | -850 | -754 |
| 2071 | -880 | -779 |
| 2072 | -911 | -805 |
| 2073 | -942 | -831 |
| 2074 | -974 | -857 |
| 2075 | -1006 | -884 |
| 2076 | -1039 | -912 |
| 2077 | -1074 | -940 |
| 2078 | -1108 | -970 |
| 2079 | -1144 | -999 |
| 2080 | -1181 | -1030 |
| 2081 | -1218 | -1060 |
| 2082 | -1256 | -1091 |
| 2083 | -1294 | -1122 |
| 2084 | -1333 | -1154 |
| 2085 | -1373 | -1186 |
| 2086 | -1413 | -1218 |
| 2087 | -1453 | -1250 |
| 2088 | -1494 | -1281 |
| 2089 | -1534 | -1312 |
| 2090 | -1574 | -1342 |
| 2091 | -1613 | -1372 |
| 2092 | -1651 | -1400 |
| 2093 | -1689 | -1428 |
| 2094 | -1726 | -1455 |
| 2095 | -1762 | -1481 |
| 2096 | -1798 | -1506 |
| 2097 | -1833 | -1531 |
| 2098 | -1868 | -1556 |
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