Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2024 by 3 months per year until EEA reaches 64 in 2031 and NRA reaches 69 in 2031.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2023 | 204 | 204 |
| 2024 | 187 | 187 |
| 2025 | 168 | 169 |
| 2026 | 149 | 151 |
| 2027 | 131 | 134 |
| 2028 | 114 | 117 |
| 2029 | 96 | 100 |
| 2030 | 78 | 84 |
| 2031 | 60 | 68 |
| 2032 | 43 | 52 |
| 2033 | 25 | 36 |
| 2034 | 7 | 20 |
| 2035 | -12 | 4 |
| 2036 | -31 | -12 |
| 2037 | -51 | -28 |
| 2038 | -70 | -45 |
| 2039 | -91 | -62 |
| 2040 | -112 | -79 |
| 2041 | -133 | -96 |
| 2042 | -154 | -114 |
| 2043 | -176 | -132 |
| 2044 | -198 | -149 |
| 2045 | -220 | -167 |
| 2046 | -243 | -185 |
| 2047 | -265 | -203 |
| 2048 | -288 | -221 |
| 2049 | -311 | -239 |
| 2050 | -333 | -257 |
| 2051 | -357 | -276 |
| 2052 | -380 | -294 |
| 2053 | -403 | -312 |
| 2054 | -427 | -331 |
| 2055 | -450 | -349 |
| 2056 | -474 | -368 |
| 2057 | -498 | -386 |
| 2058 | -522 | -405 |
| 2059 | -547 | -424 |
| 2060 | -572 | -444 |
| 2061 | -597 | -464 |
| 2062 | -623 | -485 |
| 2063 | -650 | -506 |
| 2064 | -677 | -528 |
| 2065 | -705 | -550 |
| 2066 | -733 | -572 |
| 2067 | -762 | -595 |
| 2068 | -791 | -618 |
| 2069 | -820 | -642 |
| 2070 | -850 | -666 |
| 2071 | -880 | -691 |
| 2072 | -911 | -716 |
| 2073 | -942 | -741 |
| 2074 | -974 | -766 |
| 2075 | -1006 | -793 |
| 2076 | -1039 | -819 |
| 2077 | -1074 | -847 |
| 2078 | -1108 | -875 |
| 2079 | -1144 | -905 |
| 2080 | -1181 | -934 |
| 2081 | -1218 | -965 |
| 2082 | -1256 | -995 |
| 2083 | -1294 | -1026 |
| 2084 | -1333 | -1058 |
| 2085 | -1373 | -1090 |
| 2086 | -1413 | -1122 |
| 2087 | -1453 | -1155 |
| 2088 | -1494 | -1188 |
| 2089 | -1534 | -1221 |
| 2090 | -1574 | -1253 |
| 2091 | -1613 | -1285 |
| 2092 | -1651 | -1316 |
| 2093 | -1689 | -1347 |
| 2094 | -1726 | -1377 |
| 2095 | -1762 | -1406 |
| 2096 | -1798 | -1435 |
| 2097 | -1833 | -1464 |
| 2098 | -1868 | -1492 |
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